New words: The "Application-specific IOT" and "Industry-specific IOT"

As I try to learn more about IOT for my own edumacation, I sometimes stumble upon online articles that impart critical knowledge that I cant help but share. This, below, is one of them.

I am linking to an interesting article about the difference between The "Application-specific IOT"  e.g. wearables, the type of IOT that the majority of Americans know and are excited about and "Industry-specific IOT", which is something else that companies within the same industry will pursue.

Quoting the article:

How will IoT fans, pundits and especially company CEOs betting their company business on IoT explain the disparity between the vision and the reality? We are already witnessing the introduction of new “classes” of IoT such as the “industrial IoT”. I expect that we will witness the emergence of “application-specific IoT” and “industry-specific IoT”, which, in so many ways, will not be that different from the many M2M technology implementations that address narrowly defined yet no less valuable business opportunities such as the solutions implemented, for example, by Axeda at Diebold, EMC, GE Healthcare, and Philips Healthcare.

To read more about the Wisdom of Devices and the evolution of the IoT go to Joe Barkai's discussion on General IoT vs. Application-Specific IoT

is Apple Watch making the Swiss nervous?

Italicized excerpt below from Switzerland vs. Apple Watch  Read more by clicking the link

Crowd source vs specialization

Apple has a secret weapon that Swiss watch manufacturers don’t: An incredibly talented community of developers who will take the platform that Apple gives them and design applications for it that will give the Apple Watch capabilities that Apple never even thought of. We saw this with the iPhone, we saw this with the iPad: Apps matter and Apple is smart enough to know that its developer community is one of its most valuable players.

Mass appeal vs elitism for the same price

Apple has another big weapon at its disposal: Millions of diehard fans who will gladly shell out cash to get the Apple Watch and who will evangelize it to others. Apple fanboys are easy to make fun of but their devotion to the brand is something that has been invaluable to Apple during its transformation from a has-been into the most valuable tech company in the world.

How is IOT going to grow?

How is IOT going to grow? at first I thought that it would grow just like the internet did and monetize just like ecommerce did. It's perfect for my own simplified understanding of the synergies among science, engineering and business.

However, there is an alternative view. Its not going to grow the same way because there is no standards body to guide its development.

Equally surprising is the quick quip that IOT is not about the thing or the enterprise, its about content. This line of thought still needs to be developed but its intriguing to me.



Quoting the article of Joe Barkai

We often think of the evolution of the World Wide Web as a model that the IoT will follow. In fact, there is an assumption that with the proliferation of instrumented devices and pervasive commutation, the adoption rate of the IoT will be much faster than that of the Internet. However, the WWW model fostered a culture of collaboration and open standards such as hypertext, HTML and common page browsers; the W3C consortium develops and maintains standards and connects developers and users.

The IOT industry does not seem to converge in this direction; almost the opposite. The space is inundated by numerous of communication standards and data protocols that aren’t interoperable, and companies offering as many one-off solutions to attempt to connect devices using incompatible communications methods and interfaces.

The business potential is not in the conduit, or the “plumbing” of the IoT; it is in the content. (bold emphasis mine)