01. February 2016 · Comments Off on The Supreme Court Saves the Smart Grid, But More Battles Loom · Categories: News · Tags: , , , ,

In a surprising 6-2 decision, the Supreme Court upheld a controversial energy conservation rule from the Federal Energy Regulatory Commission (FERC), the agency that regulates interstate electricity sales.The rule was one of those arcane pieces of federal policy so complex that even attorneys arguing for and against had difficulty explaining it. Yet this particular decision by the court is one of the most important in the energy world for many years – not because it upheld a particular FERC rule but because the decision seems to tip the balance of power on electricity policy toward the federal government and away from the states.

Source: The Supreme Court Saves the Smart Grid, But More Battles Loom

01. February 2016 · Comments Off on One in four executives say Internet of Things is already delivering, survey finds · Categories: News · Tags: , , , ,

Most executives have high hopes for the so-called Internet of Things (IoT), which is still relatively new on the scene. Interestingly, close to one in four companies say IoT is already delivering some form of business value. That’s the key takeaway from a survey of 200 IT and business leaders released by TEKsystems, an IT staffing company. The survey finds close to one in four organizations (22%) have reached the stage where IoT initiatives “are having a substantial impact” on their businesses.

Source: One in four executives say Internet of Things is already delivering, survey finds | ZDNet

01. February 2016 · Comments Off on Creating 100 Smart Cities Will Require 150 Billion In 5 Years Study · Categories: News · Tags: , , , ,

The Narendra Modi government’s vision of creating 100 smart cities will require an investment of over $150 billion over the next few years with private sector being a significant contributor, says a report.According to Deloitte, nearly $120 billion will come from the private sector.The government has already initiated two programmes with an initial outlay of $7.5 billion for ‘Smart Cities Mission’ and the ‘Atal Mission for Rejuvenation of Urban Transformation (AMRUT)’ for the upgradation of 500 existing cities.

Source: Creating 100 Smart Cities Will Require 150 Billion In 5 Years Study – BW Businessworld

01. February 2016 · Comments Off on AT&T Is 3 Steps Closer to Seizing the $1.7 Trillion Smart City Opportunity  · Categories: News · Tags: , , , ,

It will be difficult to recognize our most advanced cities — after all, there will be neither wrecking balls nor cement mixers crowding the urban streets. However, AT&T (NYSE:T) and other companies behind the Internet of Things are making American cities a lot smarter. Recently, AT&T launched an initiative to further facilitate the transition — a transition worth $1.7 trillion according to research from McKinsey.Testing, testing, 1, 2, 3Already working to increase connectivity within cities, AT&T has created a new framework that provides IoT solutions for city managers. The company will be piloting it in three locations: Atlanta, Chicago, and Dallas. Partnering with Cisco Systems, Qualcomm, IBM, Intel, and General Electric, AT&T is offering the cities the ability to address infrastructure needs, such as remote monitoring of roads, bridges, and buildings; citizen needs, such as real-time notifications of street lights and parking meters; transportation needs, such as real-time updates of train and bus arrival times; and public safety needs, such as gunfire detection technology for police officers.

Source: AT&T Is 3 Steps Closer to Seizing the $1.7 Trillion Smart City Opportunity — The Motley Fool

01. February 2016 · Comments Off on IoT May Make Payments Smarter · Categories: News · Tags: , , , ,

The next wave of automation is here, and it involves making the Internet invisible and ubiquitous.From vending machines to soap dispensers, to jet engines and even liquor bottles — it’s all becoming “smart” and in practice this means that these objects will hold, exchange and interact among themselves with massive amounts of data.The Internet of Things first became a “thing” in 1999, when British technologist and innovator Kevin Ashton coined the term. The insight that he saw – a decade or so before it became part of the mainstream tech narrative – was that computers were deprived of their fullest potential because they relied on humans to operate them. As smart as human brains can be, Ashton posited, they are simply incapable of processing billions upon billions of data bits, and then make decisions in real-time on the basis of the insights from that data.

Source: IoT May Make Payments Smarter | PYMNTS.com

01. February 2016 · Comments Off on IBM pursues IoT strategy with The Weather Company acquisition · Categories: News · Tags: , , , ,

IBM has closed a deal to acquire The Weather Company’s B2B, mobile and cloud-based properties.The combination of technology and expertise from the two companies will serve as the foundation for the Watson Iot Cloud platform, building on a US$3 billion commitment IBM made in March last year to invest in the Internet of Things.The acquisition includes weather.com, Weather Underground, The Weather Company brand and WSI, its global business to business brand.

Source: iTWire – IBM pursues IoT strategy with The Weather Company acquisition

01. February 2016 · Comments Off on Solar plus storage defining renewable energy · Categories: News · Tags: , , , ,

The success of solar plus storage is defining the growth potential of renewable energy. Solar plus storage is a key necessity for solar to overcome limitations like intermittency and the lack of power after dark.In fact, Lux Research predicts that distributed storage for solar systems will be worth $8 billion in 2026, as solar combines with storage to continue its remarkable growth.

Source: Solar plus storage defining renewable energy – SmartGridNews

31. January 2016 · Comments Off on Gigaom Sony making a bet on IoT · Categories: News · Tags: , , , ,

Two stories in the news at the same time about Sony that draws a picture of the company’s plans. The first is that Sony is forming Sony Interactive Entertainment (SIE) from all the units contributing to Playstation, hardware, software, and network, effective April 1. Sony has set the new company up with a US headquarters — San Mateo, CA — with a single CEO, Andrew House. Notably, console sales are way down in Japan, to the lowest level in 24 years, and the future looks to be mobile and handheld gaming ther

Source: Gigaom Sony making a bet on IoT

30. January 2016 · Comments Off on Nest, other IoT devices, sent user info in the clear  · Categories: News · Tags: , , , ,

However, there are questions as to why Nest is playing down the scale of the leak, as users would surely not be entering more than one ZIP code when setting up their device. “The devices inside the home send all of the information to the cloud”, he said during his talk.The team also found that Sharx security cameras were leaking unencrypted video feeds and Pix-Star digital frames were leaking image content. Grover told thermostat-leaked-home-locations-over-the-internet”>Motherboard that we have a “pretty bad” situation where a number of smart devices that transmit information over the internet don’t even have the computing power required to perform encryption processes. Yet, this clarification seems to be a red herring:  What they found was that numerous devices failed to encrypt at least some of the traffic. The device then pings the weather station in the area, which could be close by, or span for tens of miles away, and it was that data that was vulnerable to hacking. This means that coordinates of company weather stations, as well as user location information, were not secure.

Source: Nest, other IoT devices, sent user info in the clear | NanoNews.org

30. January 2016 · Comments Off on SK Telecom, Cisco join hands to develop IoT solutions · Categories: News · Tags: , , ,

SK Telecom said Sunday it has teamed up with Cisco Systems International, the U.S. networking giant, to develop new solutions for the Internet of Things technology that connects all machines via the Web.The two companies signed a memorandum of understanding at SKT’s Seoul headquarters on Friday.

Source: SK Telecom, Cisco join hands to develop IoT solutions