The Internet of Things may reshape consumer and industrial environments. But this potential won’t be realized solely through the power and connectivity of low-cost sensors. Leaders in this space will nurture a complex ecosystem of partnerships and collaborations, with a variety of business and public policy motivations.
A startup called Bastille Networks says it can help companies detect the hacking of devices connected to the so-called Internet of things, which is looming larger as a target for computer crimes.
Many companies have a conflicted relationship with the data they gather about themselves and their customers. They undertake dozens of analytical information-gathering initiatives—on cross-selling, upselling, customer acquisition, new product introduction, or inventory management. Novel and ambitious projects at the outset, they tend to have very short shelf lives. Each remains isolated from the rest, providing only glimpses of insight for narrowly defined purposes. In the end, despite years of investment in data analytics programs and technology, most business leaders would admit that these initiatives have not yet improved performance in any sustained way.
Red Bend, an Israeli company responsible for nearly three-quarters of the wireless software updates for cell phones around the world, is being acquired by entertainment technology giant Harman, both companies said Thursday.
The deal is valued at $170 million, including approximately $99 million in stock and $71 million in cash.
Over the past 10 to15 years, internet-driven disruption and innovation have been about the “internet of people”, changing the way industries and businesses operate, particularly within media and Business-to-Consumer (B2C) relationships. In the next decade, the Internet of Things (IoT) revolution is expected to have a significant impact on manufacturing, energy, agriculture and other industry sectors.
En un momento de incertidumbre sobre el crecimiento económico, el internet industrial de las cosas podría generar hasta 142.000 millones de dólares en todo el mundo hasta 2030, según un informe de Accenture presentado ayer en Davos. La consultora, sin embargo, alertó de que estas ganancias potenciales podrían “estar en peligro por la inactividad de Gobiernos y empresas” a la hora de crear las condiciones necesarias para favorecer su adopción.
With the Internet of things, lots of secret conversations will be going on between your appliances, your car, your computer, and other devices.
But today do-it-yourself kit maker Spark.io is poking a hole into that web of hidden communications — and adding a button.
It’s a real, physical peripheral for the Internet of things, called the Spark Internet Button, and it’s hooked up to IFTTT. I prefer to simply call it SIB.
Norwegian tech firm Thinfilm has cut a deal with Xerox to mass produce “printed electronics,” or electronic chips that can be fabricated by printing their features on top of thin surfaces. Under the deal, Thinfilm will be able to print as many as a billion chips a year for applications such as processors, memory, and sensors for the Internet of Things, or smart and connected everyday objects.
After extending an angel round of investment, security startup Bastille just scooped up an additional $1 million in funding from investors including David Cowan of Bessemer Venture Partners.
The company first raised $1.5 million in September of last year, but kept the round open. Tom Noonan and John Huntz provided much of the initial investment.
The Internet of Things (IoT) has the potential to offer business value that goes beyond operational cost savings. Providers in the IoT ecosystem have a largely unexplored opportunity to develop compelling IoT solutions that explore how the ability to collect and analyze disparate data, in real-time and across time, might transform the business. These developments will play out within and across enterprises, offering opportunities for sustained value creation and even disruption for those who can imagine possibilities beyond the incremental.
