ICYMI Through June 11, 2018
Welcome to early June, the season of grads and dads. Did you buy your favorite grad or dad an IoT device?
While shopping for our various grads and dads, we missed some news about VC investments in IoT security, acquisitions, Forbes articles, and the fact that our fearless leaders don’t understand half of what tech people tell them.
Claroty, an Israeli cybersecurity firm focusing on IoT with offices in New York and Paris (and the strange world of Washington, D.C.) got a Series B investment of $60 million from a group including Siemens, Schneider Electric, and Rockwell Automation. Brings the total VC pile to $93 million.
Rockwell also plopped down a cool $1 billion to buy 8.4 percent of PTC to expand its industrial IoT business.
Security? Of course.
See what Avast and Reuters tagged as “The Internet of Things Era: 6 Ways to Stay Safe.” #2: Create a guest network for all your IoT devices. All modern Wi-Fi routers make that simple.
Now MarketWatch is warning us about hackers spying on moms and babies through unsecured cameras. If you need more help convincing customers to improve security, here’s some ammo.
Let me explain…
Expect help from politicians on IoT-friendly regulations or other tech issues? Unhold that breath. The Washington Post quotes one pol saying, “I can understand about 50 percent of the things you say,” (paywall). Sounds like an optimistic ratio, but basic math often struggles in D.C. as well. Clue to tech execs: play to your audience.
Maybe one reason people get confused? The IoT “lacks a world market leader“ according to the Voice of America.
Near the ocean? The Immarsat folks say in the report “Industrial IoT: Maritime” that the maritime industry is becoming far more open to adopting analytic, management, and operational tools for the IoT then previously reported.
California’s 2010 dream of digital electronic license plates may become reality, thanks to the IoT. The City of Sacramento added the Reviver Auto Rplate Pro to their fleet of 24 Chevrolet Bolt EVs. Banner ads in the parking lot? Harrumph.