Five years ago, I wrote a post on this blog disparaging the state of the Internet of Things/home automation market as a “Tower of Proprietary Babble.” Vendors of many different home and industrial product offerings were literally speaking different languages, making their products inoperable with other complementary products from other vendors. The market was being constrained by its immaturity and a failure to grasp the importance of open standards. A 2017 Verizon report concluded that “an absence of industry-wide standards…represented greater than 50% of executives concerns about IoT. Today I can report that finally, the solutions and technologies are beginning to come together, albeit still slowly.
The term “Internet of Things” (IoT) is being loosely tossed around in the media. But what does it […]
Those following international events have probably already seen the stories on Putin’s Russia, and the combined impact international economic sanctions, and now, the unexpected and unwelcome plummet in World oil prices. The Russian economy in 2015 will likely see a budget deficit of $20 Billion or more as the ruble collapses and oil prices plummet. The problem is global and expected by analysts to persist for the foreseeable future. Lesser developed countries like Venezuela and Nigeria, which are more dependent on their oil economies, are expected to see even greater impacts. Economists commonly refer to this as the “natural resource curse.”
Originally posted on TED Blog:
Michel Laberge. Photo: James Duncan Davidson “The whole planet needs a lot of energy,” begins Michel…
Originally posted on Gigaom:
Venture capitalist Vinod Khosla has written a 2,000-word open letter to 60 Minutes and CBS in…
Stanford Graduate School of Business Lecturer in Entrepreneurship, Tony Seba, will be our MGMT 450 Guest Lecturer, Thursday, October 10th, at 2:30PM in EME 2181, speaking on “Entrepreneurship Opportunities in Clean Tech.” Tony Seba is also an entrepreneur, author, speaker, executive, management consultant and business architect. Tony will be appearing via live video conference from Stanford University to the MGMT 450 classroom.
This article from Gigaom serves to further underscore The Tower of Babbling Things….Competitors battling each other over control of The Internet of Things over the means, methods and, most importantly, the dozens of competing data communication protocols. Honeywell has now entered the battle, realizing the a number of small, entrepreneurial startups are eroding their market for traditional thermostats. Previous to this development, Intel and others had promoted the concept of home tabletop display consoles for energy efficiency management. The display console concept is now officially dead, as reported in the Gigaom post. Recently, Gigaom also showcased three competing home automation systems, all of which were “closed” proprietary systems.