Home Automation is a future market that Apple will definitely be participating in over time. We’ve written a number of reports showing Apple’s interest in this area of technology (one, two, three four and five) with one particular Apple patent figure illustrating a fridge with a large display on its freezer door, as noted below.
Today, the Korean press covered Samsung’s entry into next generation Kitchen appliances starting with a smart fridge.
Family Hub: Top-of-the-Line Smart Refrigerator
“Fridges are not just for storing food anymore. They now have features that allow consumers to order groceries online, watch TV shows and listen to music.
Source: Samsung Advances Home Automation by Stepping into the Kitchen with a Smart Refrigerator Called ‘Family Hub’ – Patently Apple
Paul Sawers recently wrote in VentureBeat, “The year 2016 could go down in history as the year the Internet of Things (IoT) really came to fruition. Yesterday, San Francisco-based June announced a fresh $22.5 million funding round, taking its total money raised to the $30 million mark to help bring its smart oven to market. The June oven isn’t like any ordinary oven — this one sports a camera inside that uses deep learning techniques to figure out what you’re preparing, then sets the appropriate temperature to ensure your meal is adequately cooked… Elsewhere in the Internet of rings, I mean “things,” smart doorbell startup Ring raised a $61.2 million round last week, taking its total funding since 2011 to around the $100 million mark… Meanwhile, a new smart bed manufacturer called Balluga turned to Kickstarter this week to raise at least $50,000, and a mere two days into the campaign it looks well on track to meet its goal.”
Source: The Internet of Random Things: Are We Going Too Far with IoT? – DATAVERSITY
Discourse in the telecommunications industry is currently focused on next-generation 5G mobile networks, which, through dramatic increases in throughput coupled with decreases in latency, promise to fully enable the Internet of Things and bring to life futuristic use cases like the tactile Internet, autonomous driving and more. Even as 5G products enter the market, the standard is tracking for finalization by 3GPP and related organizations in the 2019-2020 timeframe. So let’s take a moment to focus on the
Source: 5G, IoT standardization creates value across telecom ecosystem
The Internet of Things (IoT) is the next step in the evolution of wireless networks. Analysts predict the IoT will double in size to nearly 50 billion devices by 2020, comprising a $1.7 trillion market. One of the greatest opportunities still lies ahead in the form of the “smart home.”
Source: Smart Homes and the Internet of Things
Common financial measures used in financial portfolio management are suitable for measuring market risk in smart grid projects, according to research from the University of Vaasa, Finland.Rayko Toshev’s doctoral thesis in Industrial Management “Risks and Prospects of Smart Electric Grids Systems measured with Real Options” analyses electricity price risk levels and evaluates smart grid R&D projects and technology opportunities, using real option pricing method.”My work analyses Nord Pool Spot electricity prices for Finland, Sweden Norway and Estonia and computes market risk level using standard financial measures, such as Volatility and Value at Risk”, says Toshev.
Source: The evolution of smart grid offers possibilities to take back your power
Amazon Echo has become of the most popular technologies in the consumer market and is starting to transform the enterprise as well. Its rich platform capabilities and ecosystem, makes Amazon Echo one of the most disruptive technologies in the next wave of enterprise IoT solutions.
Source: Is Amazon Echo the next enterprise IoT platform? | CIO
The security of the Internet of Things is fundamentally broken. Developers and manufacturers understandably are eager to get their new hi-tech products to market and unfortunately often overlook security, instead operating under the misapprehension that security-by-obscurity in their proprietary systems will do. The problem is that security researchers, and those with more malicious intent, can almost always extract binary code from the device memory via JTAG or similar in-circuit debugging facilities, or find it online in the form of updates, and reverse engineer via one of the many tools readily available.
Source: Improving security in the Internet of Things | ITProPortal.com
The global smart home healthcare market [https://www.psmarketresearch.com/market-analysis/smart-home-healthcare-market ] is expected to grow with a CAGR of 38% during 2016 – 2022. Among the various applications, the fall prevention and detection segment is expected to witness the fastest growth during the forecast period. The global smart home healthcare market is growing at a significant rate, due to growing demand for advanced smart home healthcare technologies, and growing geriatric population. In addition, the increasing demand of mobile health (mHealth) technologies, and increasing demand of personalized healthcare technologies are also driving the growth of the global smart home healthcare market.
Source: Global Smart Home Healthcare Market Expected to Grow With 38% CAGR During 2016 – 2022: P&S Market Research – MarketWatch
While the Internet of Things has become a popular concept among tech crowds, the consumer IoT remains fragmented. Top companies continue to battle to decide who will be the epicenter of the smart home of the future, creating separate ecosystems (like the iOS and Android smartphone market) in their wake.
Source: The Monstrous IoT Connected Cloud Market »
If we were designing a smart home system for ourselves, there are a few crucial things we’d do differently from most of the Internet of Things gear on the market. We’d have the system run locally, inside the house rather than in the cloud, so our automation doesn’t fail every time there’s a wee glitch on the internet. Our cloud-based smart home gear fails us constantly, totally defeating the purpose of automation. The gear can’t see the cloud, the cloud can’t see the gear, one bit of gear can’t see another bit of gear. Ugh.
Source: Silk Labs’ Sense: the eyes, ears and brain your home has been waiting for? | afr.com