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.