ICYMI Through January 27, 2020
Last week the Northeast got all the weather and this week it’s the Northwest’s turn. Prepare for heavy rains and flooding in lower elevations and ice and snow higher up, all pushed around by high winds. But don’t worry, Northwest people, the weather in Miami for the Super Bowl will be just fine. Also fine? These news bits we missed, so let’s catch up.
Bill Amelio, CEO of Avnet, says it’s time to make IoT mean “Intelligence of Things” in a CES 2020 wrap-up article in VentureBeat. Also, “Inefficiency of Things” until we get better at making projects work as they should.
Speaking of CES 2020, the CEO of the Internet of Things Consortium (IoTC) has a wrap-up of his own.
You may have heard about this before—the EcoGrid and RPM Commercial Energy Solutions project in a steel fabrication shop in Kanata, Ontario, to replace old and dumb lights with new and smart LED lights controllable with Wi-Fi. Payback was achieved in one day, which some thought was PR more than reality. Nope. The Ontario Independent Electricity System Operator now reports over 240 kilowatts in peak demand savings and consumption reduced by 2,128,951 kilowatt-hours, though but they don’t give the time period monitored. And the shop floor is brighter.
Speaking of Ontario, the city of Kingston just launched a “Snowplow Tracker” service as part of a Smart City project. Sensors show speed, location, and idle time for snowplows along with a map of cleared roads.
RFID Journal reports on the “Undeniable Benefits of Level Monitoring in the Oil and Gas Sector” thanks to IoT.
The moral in every huge business dispute is the same: “And the lawyers walked away with all the money.” Be aware that law firms believe IoT is fertile ground for “Increased Tort, Privacy, and Cybersecurity Litigation.”
The gloom of orphaned Sonos speakers cast a pall over consumer IoT last week. But The Register reports Sonos will continue to support legacy products. Maybe that 4% stock drop in 24 hours got their attention.
Fans of baked-in IoT throughout homes have a friend in, of all places, Men’s Health Magazine. Their focus shifted briefly from developing abs to a tiny prefab high-tech home from Nestron that starts at $19,000. Includes an AI assistant named Canny with voice recognition to control house functions and appliances.
If you want to put your money on IoT in a bigger way, Nasdaq lists a batch of ETFs focused on companies in the IoT, cloud, and other tech spaces.
Maybe your money will do better invested in Smart Building tech. ABIresearch says that next-gen Smart Building solutions will generate over $2 billion in 2026 with a CAGR of 32% over the next few years.
Your security deep-dive this week is from the CyberInt CiPulse 2020 report, “Retail: Threats from All Angles”. Remember the good old days when stores worried most about shoplifters?