Why the sharing economy needs the Internet of Things — Tech News and Analysis. Sharing economy companies such as Lyft, TaskRabbit and Spinlister (bike sharing) usually assume that the person renting has proximate access to the thing being rented so that they can hand off and reclaim the goods. In contrast, automatic unlocking and tracking is one way that organizations that manage fleets of assets achieve scale. Imagine the friction if, for example, Zipcar required that someone meet each customer in order to hand over the keys. Even traditional car rental companies are moving toward streamlining rentals. Similarly, the bike-sharing programs run in many cities such as Barcelona, London and New York City rely on terminals or apps to allow unattended check-outs and returns. Sharing economy companies would also benefit from these kinds of tools.
Lock-Bot, though, is an example of a product that is especially made for people who host living spaces on services such as AirBNB, but who may not have immediate access to that location, e.g., a second house or pied-à-terre. INTERNET OF CARING THINGS. The INTERNET OF CARING THINGS means connected objects that serve consumers' most important needs: physical and mental wellbeing, safety, security, oversight of loved ones, and more. You're probably already familiar with the innovations that have blazed an early CARING trail.
The Nest smart thermostat*, NIKE fuelband and Fitbit, for example. But now, as consumer demand and technological capacity converge, the INTERNET OF CARING THINGS will evolve in exciting new directions. Check out the examples below – divided into five categories of CARING – for a glimpse of these... * Indeed, just after we first wrote about the INTERNET OF CARING THINGS in December 2013, Google placed a USD 3.2 billion bet on it with their purchase of Nest Labs. Signal enough that this is a trend worth following? Macroeconomic Insights - What is the Internet of Things? Www.goldmansachs.com/our-thinking/outlook/internet-of-things/iot-report.pdf.
The Internet of Things Explained: Making sense of the next mega-trend. The Internet of Things, or IoT, is emerging as the next technology mega-trend, with repercussions across the business spectrum. By connecting to the Internet billions of everyday devices–ranging from fitness bracelets to industrial equipment–the IoT merges the physical and online worlds, opening up a host of new opportunities and challenges for companies, governments, and consumers.
In research cutting across sectors and regions, the Global Investment Research (GIR) Division at Goldman Sachs examines the drivers that are bringing the Internet of Things to reality now and assesses the implications for the first industries being impacted. The IoT as the Third Wave of the Internet In the video below, Simona Jankowski, senior equity research analyst at Goldman Sachs discusses GIR’s new report The Internet of Things: Making Sense of the Next Mega-Trend. The opportunities of an even more connected world This article was written by Goldman Sachs and not by the Quartz editorial staff. What is the internet of things? The “internet of things” may not always need an internet connection. The “internet of things” is one of those odd phrases that can mean many things and nothing at the same time.
On one hand, it describes a future that is rapidly becoming the present, with all sorts of objects—from televisions and watches to cups and streetlights—able to connect to the internet. On the other hand, it is used a marketing tactic by chip-makers and networking companies eager to sell their wares. Between 26 and 50 million “things” will be connected to the internet by 2020, according to various forecasts. But not all of those things need an internet connection, points out Davor Sutija, who runs Thinfilm, a Norwegian company working in the field of printable electronics. That insight is informing a new approach to electronic design. Some of these, such as electronics on packaging, communicate their information visually, for example by changing color or using a small display screen. In patient monitoring, the electronics could even make human communications more effective. The internet of things is going to have to do better than this ridiculous “smart cup”
The Vessyl is a $100 glass cup with companion smartphone app that can supposedly detect what liquid you’ve poured into it, describe it, and identify nutritional information such as calories, sugar, and caffeine. Designed by Yves Behar’s Fuseproject, it is the sort of gadget that might briefly appeal to the quantified self/fitness tracking/early adopter crowd. Or, at least those willing to use only one cup, which must be charged every five to seven days and washed by hand. It’s a fine-looking cup, and with enough publicity muscle, it may find its way into several year-end gadget gift guides. (Shipping “early 2015.”) But it is an absurdity—the sort of gizmo that seems technically impressive but will quickly be forgotten. The “internet of things” trend seems substantial enough to be real: Over the next several years, previously “dumb” objects—from household tools to parts of cities—will gain sensors, connectivity, and software.
The Vessyl has a similar gap in practicality. Why bendable electronics could be the future of the internet of things. When the first Harry Potter movie came out in 2001 the idea of the Daily Prophet, a newspaper that contains moving pictures, qualified as magic. A Kickstarter campaign by Ynvisible, a Lisbon-based technology firm, is bringing that magic to life with its displays, held together with paper-thin circuitry. Ynvisible’s offering, called Printoo, is a bunch of paper-thin circuit boards.
Imagine the Arduino board, perhaps the most popular do-it-yourself micro-controller used by tinkerers, but thinner and lighter. The Printoo modules are flexible, meaning they can be bent, folded and attached to any object—cans, clothes, toys—and come with both LEDs as well as flat, flexible “electrochromatic” displays for output. The idea obviously caught the imagination of the DIY community. Printable, or flexible, electronics have been around for years, but have never taken off in mainstream consumer goods, with the notable exception of the Duracell battery power tester.
How the internet of things could make media physical again. Not so long ago, every act of consumption began with a ritual. We pulled records from sleeves and perched them on turntables, slid books from shelves, watched as VHS tapes were ingested with a soft ca-chunk. Qleek, from Paris-based startup Ozenge, aims to return our digital media to a state in which they can be collected, stored, handled, played and shared in the same way that physical media were, once.
The makers of Qleek want you to pick up a wooden hexagon printed with, for example, the artwork for an album or mix, place it on a reader, and hear the corresponding tracks play on your device of choice. At first, Qleek sounds as if it will only interest the kind of nostalgics who want their houseguests to see how refined is their taste. But it’s an example of a larger phenomenon with the potential to redefine the nature of human-computer interfaces. The problem: virtual interfaces don’t engage critical human talents Approaching a solution: cheap connected devices. The “internet of things” may not always need an internet connection. Difference Engine: The internet of nothings. Why bendable electronics could be the future of the internet of things. Intel's IoT vision sees far more than chips. Intel is bringing all its assets to bear on the Internet of Things, a hot topic for nearly all IT vendors but one that's especially critical to big chip makers.
While Intel would like to see its low-power chips used in sensors, wearables and other hardware that will ship in huge numbers if the industry's IoT dreams come true, it also has software, security and infrastructure to add to the mix. In the short run, those may matter more than the silicon itself. At an event in San Francisco on Tuesday, the company announced what it calls the Intel IoT Platform, a combination of hardware, software and partnerships designed to help its customers quickly churn out complete systems. Intel also introduced its latest IoT gateway design, plus security and management capabilities that will be part of that platform. "It really is an end to end play," said Doug Fisher, vice president and general manager of the Intel Software and Services Group. Join the Computerworld newsletter!
The hidden environmental cost of the Internet of Things. Analyst firm Gartner is forecasting that the IoT will encompass some 30 billion connected devices by 2020. And while networking vendor Cisco has pegged the IoT's value at $14.4 trillion between 2013 and 2022, questions are being asked over its potential environment cost. What becomes of these thousands of sensors and smart devices once they reach EOL?
Bettina Tratz-Ryan, research VP and green IT specialist with Gartner, says that this is one of her biggest concerns around the growth of the IoT. “Gartner has forecast that by 2020 we will have 26 billion items deployed in the world; what happens to these sensors, once they go into the waste bin? " "Are they ending up in landfills? Australians already generate more than 140,000 tonnes of e-waste each year, according to City of Sydney. It starts at creation "It would also facilitate the enforcement of regulations restricting the use of certain hazardous substances.
" Recovery and recycling Can the IoT save the planet? Shared responsibility. How Smart, Connected Products Are Transforming Competition. Information technology is revolutionizing products. Once composed solely of mechanical and electrical parts, products have become complex systems that combine hardware, sensors, data storage, microprocessors, software, and connectivity in myriad ways. These “smart, connected products”—made possible by vast improvements in processing power and device miniaturization and by the network benefits of ubiquitous wireless connectivity—have unleashed a new era of competition.
Smart, connected products offer exponentially expanding opportunities for new functionality, far greater reliability, much higher product utilization, and capabilities that cut across and transcend traditional product boundaries. The changing nature of products is also disrupting value chains, forcing companies to rethink and retool nearly everything they do internally. These new types of products alter industry structure and the nature of competition, exposing companies to new competitive opportunities and threats. Design. How Smart, Connected Products Are Transforming Competition. Internet of Things. The Internet of Things (IoT) is the network of physical objects or "things" embedded with electronics, software, sensors and connectivity to enable it to achieve greater value and service by exchanging data with the manufacturer, operator and/or other connected devices.
Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure. The term “Internet of Things” was first documented by a British visionary, Kevin Ashton, in 1999. Typically, IoT is expected to offer advanced connectivity of devices, systems, and services that goes beyond machine-to-machine communications (M2M) and covers a variety of protocols, domains, and applications. The interconnection of these embedded devices (including smart objects), is expected to usher in automation in nearly all fields, while also enabling advanced applications like a Smart Grid. Early history In its original interpretation,[when?]
Media In the Modern World of IT, All Things Are Connected. Richard Gordon Research VP 14 years at Gartner 23 years IT industry Richard Gordon is a research vice president in Gartner Research. He has worldwide responsibility for Gartner's Global IT Market Forecasting. Read Full Bio Coverage Areas: by Richard Gordon | February 24, 2014 | Comments Off And so to another year. In our forecast kick-off meeting for 2014, we discussed possible themes for our quarterly webinars during 2014 (the first is on 8 April).
Each on its own is a rich seam of relevant, fascinating research. My colleagues Peter Middleton, Peter Kjeldsen and Jim Tully highlighted in their IoT forecast report that the growth in Internet of things will far exceed that of other connected devices. Source: “Forecast: The Internet of Things, Worldwide, 2013”, November 2013 There’s not much else to say at this point. Category: Uncategorized Tags: