Google has gone on an acquisition tear in the last six weeks that has many tech industry watchers wondering about the company’s future direction – particularly when it comes to the Internet of Things. Since the beginning of the fourth quarter, 2013, Google has acquired 14 companies with the latest, a $650 million buy of UK-based artificial intelligence software firm DeepMind Technologies hitting the wires yesterday. In addition to the DeepMind buy, Google spent $40 million on Flutter, a maker of gesture recognition technology and $23 million on FlexyCore, maker of the DroidBooster App for Android. Earlier this month, it plunked $3.2 billion down for super hot smart home gear maker Nest. Google’s size makes the exact amount spent on the other acquisitions is something of a matter of speculation. Google only has to disclose transactions that are deemed ‘material’ to the company’s finances – a number somewhere between $10m […]
Manufacturing
You Can Build An Open Source NEST Clone In One Day? Uh Oh!
I’ve been amazed at the herds of Johnny Come Lately’s who have glom’d onto the amazing Nest thermostat since Google purchased the company that makes it, Nest Labs, for a whopping $3.2 billion last week. Nest – and even its sister Protect smoke alarm – were hardly new, but that didn’t stop CNN from posting a ‘gee whiz’ video in the days that followed that had all the ‘we were here first’ excitement of a hand-held broadcast from the floor of CES. That – even though Nest is coming up on its third birthday and its cousin, the Protect, was released to considerable fanfare in October. The question for Google, of course, is ‘how is Nest really worth?’ I use one at my house, and I think it’s gorgeous and smart – but $3.2 billion? That’s why I was interested to check out this article over at Postscapes.com about an open source […]
Experts: Despite Warnings, Slow Progress Securing Industrial Systems
Despite increased media attention to the security of industrial control systems and critical infrastructure, progress in securing those devices has been slow, experts say. Despite progress in some areas, critical infrastructure – including energy and transportation networks- remains vulnerable to attacks leveled at known security holes for months or years because of a lack of vendor response or customers who lack the incentive or know-how to patch vulnerable systems. That according to some of the world’s top experts in cyber security and industrial systems, who are gathering this week at an industry conference in Miami. The S4 Conference, sponsored by the firm DigitalBond, is one of the premiere conferences for cyber security as it pertains to industrial control systems and often coincides with disclosures from industrial system vendors about serious security holes in their products. The security of industrial control systems has been a top concern of IT security experts and government […]
Siemens Patches Holes In Industrial Control Switch
A security researcher discovered two, serious security holes in a switch by Siemens that could allow an attacker to hijack industrial control system hardware that is heavily used by energy and transportation firms, among others. IOActive, a security consulting firm in Seattle, Washington, said on Thursday that Eireann Leverett, a senior security consultant, discovered two vulnerabilities in Siemens’ SCALANCE X-200 Switches. The vulnerabilities were in a web server component that provided administrators with access to features needed to configure the switches. If exploited, they would have allowed an attacker who had access to the same network as the SCALANCE switch to perform administrative actions on the devices, including updating the switch firmware and hijack active web sessions – all without needing to first log in to the device. SCALANCE is a family of Ethernet switches that connect to industrial control system (ICS) devices including programmable logic controllers (PLCs) and Human […]
Two Faces of the IoT: A Conversation With Xively’s Philip DesAutels
Conversations about the Internet of Things often focus on its most visible outposts: consumer devices. Products like the Nest Thermostat, IP-enabled home security cameras or Samsung’s Smart TV are like ambassadors for the IoT: highlighting cool features and capabilities that just hint at the transformative power of the much larger revolution that small, powerful Internet-connected objects will herald. The truth is that although consumers are still warming to the Internet of Things, businesses and industry have already embraced it. Manufacturers of heavy equipment have outfitted their products with an extensive mesh of small sensors that provide close to real-time data on the functioning of critical components. As a measure of this, Virgin Airlines said in March that it will upgrade its network infrastructure to accommodate an “explosion” of data from a new fleet of Boeing 787 Jetliners, which will produce close to half a Terabyte of data per flight. But what is […]
