Futurist Thomas Frey: “2014 will be the year the ’quantified self’ goes mainstream.” Those were the words Silicon Valley prodigy Marc Andreessen used in a recent article to describe changes about to happen to American healthcare.
Continue reading… “Eight Reason Why Future Computers will make better Decisions than Doctors”
The home automation market size is around $8.8 billion.
In terms of homes that have a broadband connection as a market for home automation, the market size turns out to be around $8.8 billion at $100 spent per home or $880 billion at $10,000 for the U.S. If we are a little more conservative and say that only those broadband subscribers who use smartphones are targets, the range turns out to be about $5.63 – $563 billion. In order to capture this opportunity a number of business models have come into play. While these are not new business models, it is interesting to see how this opportunity is being captured.
Continue reading… “The home automation business is enabling the Internet of Things”
Apple stores can already pinpoint your location with unprecedented accuracy.
2014 will be the year that the “internet of things”—that effort to remotely control every object on earth—becomes visible in our everyday lives. But most of us don’t recognize just how far the internet of things will go, from souped-up gadgets that track our every move to a world that predicts our actions and emotions.
Continue reading… “Will the Internet of Thing replace the web?”
Machines will generate more data than will people in 2014.
Connected fitness gadgets such as Fitbit and Jawbone are being snatched up by consumers this year. But in 2014, we will see this kind of ubiquitous sensor technology extend to the enterprise as part of the “Internet of things,” according to an analyst at Frost & Sullivan.
Continue reading… “2014 will be the year of the Internet of Things”
Technology firms like Cisco and GE have created a special division to focus on the internet of things and Intel is following in their footsteps. The new IoT Solutions Group combines the Intelligent Systems Group and Wind River acquisition, and will be headed up by Doug Davis.
Continue reading… “Intel forms a special division to focus on the Internet of Things”
Imagine a world filled with hyperlinked smart objects that are constantly interacting over a network to improve user experience IRL. The ‘Internet of Things’ is perhaps the buzzwordiest buzzword in all of the tech sector right now, as it promises to produce a sleek, futuristic, friction-free—and lucrative—environment for all of us to live and consume products in. Which is probably why it’s relentlessly being heralded as the next big thing in consumer electronics: Recent projections from some of the industry’s biggest players say the IoT could be a $15 trillion market in just six years.
Continue reading… “Internet of Things will be the ‘biggest business in the history of electronics’”
Companies today are more excited than ever about the Internet of Things thanks to widespread Internet adoption and over 10 billion connected devices around the world. Nearly every business, including those from traditionally low-tech industries, wants to get on the cloud, track a group of devices, and gather data. The question is why would a company is connect a previously “dumb” product to the cloud. Or stated differently, if a company invests in making my toaster talk to my lawnmower, is that really a good business decision and why?
Continue reading… “Is connecting your product to the Internet of Things a good business decision?”
The coffee machine knows you probably don’t want whipped cream on your venti non-fat latte.
Starbucks refrigerators and coffeemakers are about to get a whole lot smarter. Starbucks reportedly plans to connect its devices to the Internet of Things within the next year. Fridges will now tell employees when a carton of milk has gone bad, and cloud-based Clover coffeemakers will track what recipes customers prefer, and alert workers to the machine’s performance. The move is an attempt to improve productivity as well as customer service.
Continue reading… “Starbucks connects fridges, coffee machines to the Internet of Things”
Internet of Things Starter Kit.
IBM and Libelium, a wireless sensor network hardware provider, this week, released an Internet of Things Starter Kit. The starter kit will enable dozens of sensor applications ranging from monitoring parking spaces or air pollution to providing assistance for the elderly.
Continue reading… “IBM and Libelium launch Internet of Things Starter Kit”
OpenRemote is an open-source Internet of Things platform.
If you were to buy several Internet-connected home gadgets—say, a “smart” thermostat, “smart” door lock, and “smart” window blinds—you would likely have to control each one with a separate app, meaning it exists on its own. But, that’s not how Elier Ramirez does it. In his home, an iPad app controls his lights, ceiling fans, and TV and stereo. Pressing a single button within the app can shut off all his lights and gadgets when he leaves.
Continue reading… “OpenRemote – software that ties the Internet of Things together”
Your home will start thinking and be able to detect the presence of people, pets, cars, smoke, humidity, moisture, lighting, temperature, vibration, angle, and movement.
It will be possible to communicate with nearly every device in your home sometime in the near future. The value people will get from communicating with these previously dumb, lifeless things will far outweigh the costs of learning their language. They will be able to capture data, communicate vital information to us that we wouldn’t otherwise know and even act when different events take place.
Continue reading… “The programmable world begins in our homes”
Internet of Things
Seventy-five billion is the number of devices that Morgan Stanley has extrapolated from a Cisco report that details how many devices will be connected to the Internet of Things by 2020. That’s 9.4 devices for every one of the 8 billion people that’s expected to be around in seven years.
Continue reading… “How big will the Internet of Things become?”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
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