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What the author fails to understand is that IoT is not a consumer thing, it's an industrial thing. And silicon valley has (mostly) missed the boat. They're be
by rmah 11y ago
What the author fails to understand is that IoT is not a consumer thing, it's an industrial thing. And silicon valley has (mostly) missed the boat. They're behind the curve.
There are already 100's of millions, if not billions, of IoT devices in the field, monitoring and controlling electrical, transport, logistical, agricultural, manufacturing and other infrastructure. There are hundreds of companies that are highly active in this space and doing quite well. Some are new, some are old. They operate at every layer from device manufacturing, to data collection, to analysis and more.
The consumer stuff, like Nest, or colored light bulbs are just fads, IMO. The only area where I think IoT may have some viability in the consumer space is healthcare. I do not mean things like jogging bracelets or the other "wellness" silliness that gets sold directly to consumers. I mean devices that monitor actual health metrics (blood sugar, heart rate, etc). There are large trials being done by health insurance companies right now to determine if active and constant monitoring will help reduce costs and improve outcomes among high risk populations.
Anyway, if you want to keep on top of IoT, ignore the SV hooplah and read industrial-focused rags instead.
- keithnz 11y agothat's the area we are in. Doing smart metering type things, vaccine monitoring, all kinds of agricultural monitoring, from soil to water to weather. Then having the ability to stitch together various data streams and output various data streams. And its one thing to have a IoT thing, but how you consume it and what you can do with it needs to be pretty good otherwise a lot of value is lost. At the moment, lots of the IoT opportunities is where the value of the information / control is pretty high. Consumer household and personal Gadget IoT is interesting, and yes, sort of fadish at the moment, but I think it will develop, manufacturers as standard will put in the cheap chips that allow their things to be connected. But the big thing is, what does it connect into? Ideally some open platforms, but more likely the likes of Google will start hoovering IoT info / providing control and incorporating it into their platform. It does a lot to try and understand your patters of behavior, so seems like a natural extension that it knows what info to tell you about from your IoT devices, and what kind of control you want