|Palo Alto Research Center logo. (Photo: Wikipedia)|
Some of the exciting things they are working are printing flexible electronics, content-centric networking, cleantech and biomedical systems.
- Information processing is cheap. In 1989 a processor was $1,700 today in 2014, it's costs $.30.
- Networking is pervasive.
IoT is very confusing. The original definition was "physical objects are like data packets, the supply chain is the internet." Around 2010, it was more like "physical objects send packets directly through the internet" more like ubiquitous computing concept.
For Mike, it's: Distributed computing + pervasive computing + automatic identification + and cheap, creating a network of knowledge via the cloud.
The implications are incredibly broad: shifts in core leading to relationships between customers, devices, developers, tools, and companies and value.
A shift from generic to specialized devices and software.
A shift from the value of your computer now is remote.
A Shift for the way developers to create their tools.
A shift for companies and their value chain.
Make the objects in our world more valuable in the services they provide.
ABOUT THE AUTHOR
Formerly a senior copy editor at Thomson Reuters, a research editor at AOL, and a senior web publicist at Hachette Book Group, Valerie M. Russo is editor at large of The Front End of Innovation Blog, The Market Research Event Blog, The World Future Trends Tumblr, the Digital Impact Blog, and also blogs at Literanista.net. She is the innovation lead and senior social media strategist for the Marketing and Business Strategy Division of the Institute for International Research, an Informa LLC., and her poetry was published in Regrets Only on sale at the MOMA Gift Shop. Her background is in Anthropology and English Literature. You can reach her at email@example.com or @Literanista.