Welcome!

@BigDataExpo Authors: Liz McMillan, Pat Romanski, Nitin Donde, Elizabeth White, Yeshim Deniz

Related Topics: @ThingsExpo, Mobile IoT, Containers Expo Blog, Agile Computing, @CloudExpo, @BigDataExpo

@ThingsExpo: Blog Feed Post

@ThingsExpo | Google and Samsung Lead IoT Land Rush [by @AriaSystemsInc]

The Smart Home is but part of the emerging trend toward the Internet of Things

Google’s and Samsung’s Smart Home Deals Lead the Internet of Things Land Rush
By Marie Martin

If you’re like me – with my busy schedule and all – it’s easy to forget things, especially when I am in a rush to get out of the house for work or for some critical appointment.

Usually my mind is fixated elsewhere. I invariably have to ask myself whether I’ve switched off the iron or whatever appliance I happened to be using before I left. Oh, and did I lock the door?

Somebody could make a million bucks if they came up with a device that remotely shuts down any appliance large or small (not to mention the lights), and makes sure everything is locked up. Oh, wait! Somebody already has.

IoT

Such devices and connected technologies exist today, and the sector is driving the leading edge of the Internet of Things under the label of the “Connected Home” or “Smart Home”. Fact is, some pretty traditional low-tech concepts are becoming technology-enabled, such as/including locking doors, turning on the lights, heating the home, etc. What this means is that technology companies are broadening into areas that have historically been outside of their business plans. Apple is in the fitness business. Google is in the heating business. Samsung is in the appliance business. Others include cable TV and Internet provider Comcast, and the Schlage-brand lock maker Ingersoll Rand.

By itself, the U.S. Smart Home market, already generating around $14 billion in sales, is going to jump to $39 billion by 2019. That’s according to a recent forecast by market research firm Strategy Analytics. This technology tsunami represents a major market opportunity for service and technology providers over the next five years.

The market could be worth billions and billions of dollars when properly monetized. And that’s just in the U.S. Why do you think Google purchased Nest back at the beginning of the year for $3.2 billion? Google’s not done yet. It recently followed on its Nest deal with a $555 million purchase of Dropcam, which is developing sticky pads tied into a network that can relay notifications when your door, gate or window flies open. Google is thinking about the big picture here. And it’s motoring into position for a race that it wants to win.

In early August Samsung plunked down $200 million to purchase SmartThings, which builds a “smart hub” that allow users to monitor, control and automate all of their appliances and devices at home. It followed up that deal a short time later with yet another deal, the purchase of home and office air conditioner distributor Quietside.

Just imagine: IoT devices monitoring your air conditioner, regulating temperature and keeping track of how the motor and compressor are running, and if something goes wrong, the same devices call in a repairman with a checklist of what’s to be done. And then send you an invoice to your smartphone.

Like I said, the Smart Home is but part of the emerging trend toward the Internet of Things. Here at Aria, we’re seeing similar advances in connected cars and smart health.

In a few years, just about every touch point in our day-to-day lives will have a digital as well as physical component. Morgan Stanley extrapolates Cisco Systems data to predict that there will be 9.4 devices out there for every person, or an eye-popping 75 billion devices.

The IoT lift-off has already occurred, and the launch is accelerating right before our very eyes. In 2014, 100 “things” are connected to the internet for every second of every hour of the day. By 2020, that number will jump to 250 “things” per second.

But it doesn’t come free. We’ll have to pay for all of this. That’s why monetization platforms will underpin the IoT economy. It will be no small task to keep up with monitoring, measuring, metering and provisioning services from the vast number of devices tied into the global network.

And it doesn’t end there. There’s going to be hundreds of millions, if not billions of dollars, made from new technologies that secure these smart networks from intruders, and to tie all of these disparate, proprietary systems into a cohesive fabric with middleware that will make it all run smoothly with a high level of privacy and security. The market possibilities are endless ─and enormous. There are dozens of next-generation Apples, Googles and Microsofts waiting to be born. It’s too big to pass up.

You in? I’m in! And not because I work at Aria, who’s already helping companies monetize these tremendous opportunities in front of them. I’m in because I expect the IoT to work for me too – even if it costs me good money to shut down to shut down appliances like my curling iron once I’m out the door.

Marie Martin

The post Google’s and Samsung’s Smart Home Deals Lead the Internet of Things Land Rush appeared first on Recurring Revenue Blog | Aria Systems.

More Stories By Aria Blog

The Aria blog is the place for news, commentary and discussion on monetization, agile billing and IoT. We cover a variety of topics including forces of market disruption, the Monetization of IoT, billing best practices, trending news and what monetization will look like in the future. Our hope is that you’ll become better informed, be entertained and in turn share your thinking, ideas and comments.

@BigDataExpo Stories
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, presented an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He then expounded on the industry issues he frequently came up against as an analyst, and ...
While the focus and objectives of IoT initiatives are many and diverse, they all share a few common attributes, and one of those is the network. Commonly, that network includes the Internet, over which there isn't any real control for performance and availability. Or is there? The current state of the art for Big Data analytics, as applied to network telemetry, offers new opportunities for improving and assuring operational integrity. In his session at @ThingsExpo, Jim Frey, Vice President of S...
"DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy," said Roger Strukhoff, Conference Chair. "DX World Expo has organized these issues along 10 tracks with more than 150 of the world's top speakers coming to Istanbul to help change the world."
"We focus on SAP workloads because they are among the most powerful but somewhat challenging workloads out there to take into public cloud," explained Swen Conrad, CEO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We provide IoT solutions. We provide the most compatible solutions for many applications. Our solutions are industry agnostic and also protocol agnostic," explained Richard Han, Head of Sales and Marketing and Engineering at Systena America, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are focused on SAP running in the clouds, to make this super easy because we believe in the tremendous value of those powerful worlds - SAP and the cloud," explained Frank Stienhans, CTO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are still a relatively small software house and we are focusing on certain industries like FinTech, med tech, energy and utilities. We help our customers with their digital transformation," noted Piotr Stawinski, Founder and CEO of EARP Integration, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Peak 10 is a hybrid infrastructure provider across the nation. We are in the thick of things when it comes to hybrid IT," explained , Chief Technology Officer at Peak 10, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We've been engaging with a lot of customers including Panasonic, we've been involved with Cisco and now we're working with the U.S. government - the Department of Homeland Security," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Karthik Lalithraj, a Principal Solutions Architect at Kinetica, discussed how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich...
In his session at @ThingsExpo, Sudarshan Krishnamurthi, a Senior Manager, Business Strategy, at Cisco Systems, discussed how IT and operational technology (OT) work together, as opposed to being in separate siloes as once was traditional. Attendees learned how to fully leverage the power of IoT in their organization by bringing the two sides together and bridging the communication gap. He also looked at what good leadership must entail in order to accomplish this, and how IT managers can be the ...
"We want to show that our solution is far less expensive with a much better total cost of ownership so we announced several key features. One is called geo-distributed erasure coding, another is support for KVM and we introduced a new capability called Multi-Part," explained Tim Desai, Senior Product Marketing Manager at Hitachi Data Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
"The Striim platform is a full end-to-end streaming integration and analytics platform that is middleware that covers a lot of different use cases," explained Steve Wilkes, Founder and CTO at Striim, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Calligo, an innovative cloud service provider offering mid-sized companies the highest levels of data privacy and security, has been named "Bronze Sponsor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalised support service from its globally located cloud plat...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence...