Unlike their fierce competition in the O2O (online-to-offline) market, China’s leading internet giants Baidu, Tencent and Alibaba (often referred to collectively as BAT) are quietly proceeding with deployments in smart hardware devices to build a solid presence in the huge Internet of Things (IoT) market, reports Shanghai’s China Business News.
A Wall Street Journal exclusive last week revealed that “dozens” of Amazon engineers who worked on the failed Fire Phone at the company’s Silicon Valley-based Lab126 were (true to the branding) fired.It was a great scoop but the Journal buried the lead. The 20th paragraph dropped this incredible fact:
Ralph Lauren Corporation’s (NYSE:RL) innovative PoloTech™ smartshirt, a seamless blend of sleek, modern style with real-time biometric technology, makes its retail debut on August 27.
Ralph Lauren continues to lead the fashion industry in wearable technology with the launch of this groundbreaking fitness shirt and the simultaneous introduction of a game-changing, adaptive workout app that uses detailed data to tailor individualized training for maximum results.
The IoT hangs on speed to such a degree that “real time” has become such a buzzword that it’s almost becoming meaningless. One arena where immediacy is both realistic and currently being exercised is WebRTC, and IoT can tap into that.At last week’s IoT Evolution Expo at Caesars Palace in Las Vegas, a panel of speaker in the Connected Home track covered the implications and relationships inherent in the developing IoT industry, including how real time communications can be complimentary to intelligent machines in the IoT.
China’s well-known mobile messaging app WeChat is showing increased interest in the Internet of Things (IoT) with its open hardware platform.WeChat began working on the platform in July 2014, allowing hardware manufacturers to create accounts and promote their own ideas for advanced connectivity among “smart” devices and development, South China Morning Post reported yesterday (Aug. 27). The platform can later be used to launch their products.According to WeChat, the platform boasts more than 2,400 registered accounts, focusing on fields including: air-conditioning systems, toys, routing, smart homes, television, top-up systems, health care and wearables.
“So, how real is this Internet of Things opportunity anyway?”It’s a question that many solution providers are asking as the buzz continues to mount and the projections continue to rise. The figures are staggering: Gartner says there will be 25 billion connected “things” in use by 2020; IDC predicts the market will hit $7.1 trillion by 2020 and Cisco Systems says $19 trillion of cost savings and economic benefits will be driven by IoT.
Symantec Corp. announced Tuesday it is expanding its security catalog to help enterprises handle the growing number of Internet-connected devices that will inevitably infiltrate the enterprise, likely sooner rather than later. Gartner, Inc. has predicted 4.9 billion “Things” will be used this year, a number the analyst believes will reach 25 billion by 2020.
Before the Internet, getting up to snuff on a particular element of electronic design required obtaining and reading “the” book on the subject. Theory, as well as working designs, could be found in the pages of books like Don Lancaster’s “TTL Cookbook,” Intel’s “8-Bit Embedded Controller Handbook,” and the “GE Transistor Manual.” If you were working with Ni-Cad batteries, GE’s “Nickel Cadmium Battery Application Engineering Handbook” was required reading for assistance with designing battery-powered devices.
Manav Gupta, founder and chief executive officer of Hong Kong-based Internet Of Things (IoT) accelerator Brinc, tells me that the IoT sector could be a US$7 trillion market opportunity. He also says that the IoT sector’s future is what he calls IoT 2.0, where smart devices talk to each other and are integrated to enhance people’s lives.
Revolutionize. Transform. Sure, those words are probably used too often these days. But they are certainly applicable when it comes to the impact that the Internet of Things will have on the world of healthcare. And that impact is already under way.Everyday objects connected to the Internet are being used in lots of ways. Applications in the healthcare setting, though, have the potential to lower costs, improve care — and even save lives.As you might expect with any technology that truly is revolutionary, there are sure to be great opportunities for investors. Some technology companies seem likely to be winners as the Internet of Things gains ground.