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. 

IEEE Talk: Integrated Big Data, The Cloud, & Smart Mobile: Actually One Big Thing by David Mayes This IEEE […]

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.”

Some time ago smart grid utility experts began to speculate that as automobile transportation morphed to electric vehicles, the vehicles batteries could be used as an energy storage medium to improve the inefficient peaks and valleys of energy production and usage on the grid itself. Part of what is now known as “distributed energy generation,” Elon Musk and Tesla appear to be on the verge of making this a reality. I have also previously written about the major implications this may have on the electric utility industry. Read on.

Vinod Khosla gives CBS News 60 Minutes another major black eye on their bias and lack of investigative depth, as with the lightweight report on the NSA. Just consider for a moment the absurdity of 60 Minutes story in the light of recent major strategic initiatives by Cisco Systems, Intel, Qualcomm on clean tech and the “Internet of Things. Add to that this week’s announcement of Google’s acquisition of Nest, a major energy efficiency company, for $3 Billion. Khosla’s entire open letter to CBS is shown below.

An excellent discussion of the deeper social implications of the Internet of Everything. Perhaps difficult for some to grasp, but consistent with many other futurists’ views. The current world of MOOC’s in online education, for example, may only be a brief waypoint on the journey to anytime, everywhere education.

As if to underscore my previous posts on the extraordinary rapidity of disruptive change for the utility industry, This is turning out to be potentially more significant than the smart mobile phone revolution. Issues here include the utility industry’s failure to recognize a strategic change caused by disruptive technological change, and to respond to it, and the rapid acceleration in Adizes’ corporate life cycle model. Citibank is now predicting severe consequences for utility companies if they do not grasp the massive changes confronting them.

This is another of my Industry Analysis discussions for UBC students. This time it is perhaps as big an industry issue and clash of competing values as big as the smart mobile phone market, which I call the Mega Market War of Titans. It is about the intersection between two industries, which has recently morphed into a contentious clash. This is about disruptive new technology and strategic inflection points. So what has happened?