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 […]
sensor
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 […]
When The Internet of Things Attacks! Parsing The IoT Botnet Story
I spent most of last week at a conference in Florida going deep on the security of critical infrastructure – you know: the software that runs power plants and manufacturing lines. (More to come on that!) While there, the security firm Proofpoint released a statement saying that it had evidence that a spam botnet was using “Internet of Things” devices. The company said on January 16 that a spam campaign totaling 750,000 malicious emails originated with a botnet made up of “more than 100,000 everyday consumer gadgets” including home networking routers, multi media centers, televisions and at least one refrigerator.” Proofpoint claims it is the “first time the industry has reported actual proof of such a cyber attack involving common appliances.” [Read: “Missing in action at Black Hat: the PC.”] Heady stuff – but is it true? It’s hard to know for sure. As with all these reports, it’s important […]
Bosch Creates Internet of Things Business Unit
Robert Bosch GmbH, the world’s largest automotive supplier, said it has created a new business unit specifically to focus on so-called Internet of Things technologies. The company is launching a new division, Bosch Connected Devices and Solutions, that will manufacture a range of electronic products and software to connect remote devices. Among the innovations the new division will focus on are sensors and sensor-based applications for use in home and for transportation and logistics, according to a company press release. Bosch has put its weight behind the Internet of Things, using marketing muscle and checkbook to fund IoT research and popularize IoT technologies and the potential for connected devices to revolutionize industries from transportation to agriculture. In a press release, company CEO Volkmar Denner said in a press release that the company expects 6 billion “things” will be connected by 2015,” (though some estimates already put the number of connected devices […]
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 […]
