Wind energy is green power. On that we can agree. Where there hasn’t been widespread agreement however is in how to best harness the potential of wind energy – on a mass scale. Five Southern Methodist University seniors believe they have harnessed that potential, possibly changing the green power landscape forever – one roof at a time. Jonah Kirby had always been intrigued by wind energy and green power. His first wind energy source prototype was designed his freshman year at SMU. Kirby then spent Sophomore and Junior years tinkering and refining his different designs. And as fate would have it, he met several like-minded students who became a senior design project team. The fruits of that project have evolved into what is today Fiddler, “the first smart-connected wind energy source for the modern home”.
Nathan Smith knew that Wink would have to go. It was early in 2015, and the smart home company he’d started less than a year earlier was being held back by the very thing that brought it into existence: Quirky. “We knew that Wink needed a parent other than Quirky to achieve its full potential,” Smith tells The Verge. In under a year, Smith had gone from founding Wink inside of Quirky to looking for a way to escape it.
The Internet of Things (IoT) is growing fast, and there’s no slowing it down. By 2020, there will be 50 billion Internet-connected things, and those connections will be worth $1.3 trillion by 2019. And that’s got Verizon Communications (NYSE:VZ) and AT&T (NYSE:T) linked in an epic battle for control over the wireless waves that connect those devices. That’s probably why Verizon’s vice president of IoT Connected Solutions, Mark Bartolomeo, recently told FierceWireless that the carrier is seriously considering offering flat-rate, unlimited data plans for IoT connections next year.The new IoT plan would not only be Verizon’s only unlimited data plan (since it dropped its smartphone unlimited data plans five years ago), but it has the potential to significantly expand Verizon’s Internet of Things position against AT&T.
Automating and controlling various aspects of your home is both convenient and fun in a geeky way. A small portion of these home automation devices will also add comfort and have the potential to save you money. What? Save money? Yes. A smart thermostat can help you save money on your monthly bill. Unfortunately, you need to spend money to save money. But again, a smart thermostat is more than just a long term investment. It’s changing the temperature of your house from the comfort of the couch or bed. It’s monitoring the temperature of your baby room. It’s convenience, easy access, and money saving all in one nice package.
In January 2014, Google (now under the parent umbrella corporation Alphabet) said it would purchase Nest for $3.2 billion, which validated the hopes and dreams of hundreds of startups that were also building connected products for the consumer home.After the deal was announced, the VC world went mad searching for investments, while larger companies searched for potential acquisition targets. At industry events that year, everyone I ran into with a connected product or a KickStarter was in talks to sell out or score more funds.
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.
Finalists showcased solutions for home automation, monitoring bed bugs and tracking shipping pallets at event sponsored by the LoRa® Alliance.Semtech Corporation, a leading supplier of analog and mixed-signal semiconductors, today announced that its LoRa® wireless RF technology was used by the three finalists of the Global Internet of Things (IoT) Challenge to develop exciting new IoT applications, including a home automation system, a bed bug monitor and a pallet tracker. More than 200 companies from around the world participated in the challenge, and solutions were judged by Machina Research and the Board of Directors of the LoRa® Alliance on criteria such as degree of innovation, overall business potential and go-to-market approach.
The survey points to a strong market need for brands to change the way they support consumers of smart home devices in order to increase uptake.One in three smart home system owners struggle with the complexity of setup, configuration and ongoing support for their devices, according to a Support.com survey of more than 3,000 U.S. consumers.The survey looked at both smart home device owners and potential buyers and found a disparity between the needs and wishes of early buyers, who tend to be more affluent and more tech-savvy, versus the majority of consumers who need to see better value for price in order to buy, and will likely require more comprehensive customer care and support.
The Internet of Things (or IoT) can be a particularly precarious place to invest. The IoT is still in early stages, which leaves plenty of room for volatility. But despite this, IoT’s potential is too massive to ignore. Cisco estimates that by 2020, there will be 50 billion things connected to the Internet, everything from cows to computers. All of those connections have the potential to fuel a lot of growth in the coming years, from established tech companies and IoT pure plays alike. But jumping into IoT stocks can feel more like a leap of faith than a sound investing decision. To help you determine which stocks have the best IoT potential, here are three companies that are making big strides right now and could have huge payoffs later.
Ericsson (NASDAQ:ERIC) today launches three new solutions to equip communication service providers and utility companies to address services and requirements in the fast-growing Internet of Things (IoT) market. Those new additions will strengthen Ericsson’s unique positon with end-to-end capability.IoT is quickly emerging as a very significant agent of transformation as it blends the physical and digital worlds. In the latest Ericsson Mobility Report, 28 billion connected devices are forecasted by the year 2021, more than half of which are M2M and IoT connections.Numerous studies have identified the potential and value of IoT to society, with smart cities and connected homes, including consumer devices, making up as much that value. Driving industry innovations in smart cities and connected homes, Ericsson is launching three IoT solutions: