In search of the “Internet of Things” Holy Grail
Simplicity of use
Since there are many “best of breed” selections, all devices must be intuitive in their setup and operation, as well as have the ability to interact with other smart devices.
Use of audio, which has become common in smart phones, is critical to consumer acceptance.
“Consumers have rising expectations of The Internet of Things. It needs to be so easy and seamless to use,” “Consumers don’t just want data. They want relevant – personally relevant – information in real time
“Simplicity is the most complex thing to design,”, and a lot of #IoT companies tend to make things complicated.
Utility value of data
What value does IoT devices provide? How will it help with security, health issues, accidents, preventing catastrophic events, etc?
IoT data has utility value to insurance – property and health. What are the savings to insurance companies if theft, property damage, and accidents were handled proactively? Should be a way to reduce insurance costs.
Data has value to managing utilities – monitoring and adjusting use of water, gas, and electricity. Electrical devices, computers, TV’s, and appliances. Cost savings could be substantial.
Smart 911 using smart devices could alert first responders to medical conditions of household and medication. Also devices could provide best access to entering home, as well as identifying dangerous and explosive items. Again insurance rates should be reduced.
Appliance and product monitoring would minimize losses when away. Insurance savings.
Checking items in advance to reorder or send to local merchant. Advertising and sales opportunity for retail and grocery stores. Use of targeted sales could be another revenue opportunity.
Determine how devices will be connected, and who will be responsible.
“Connected devices are on the rise, but there’s one big reason we haven’t yet realized the Internet of things: a failure to communicate.”
"For all of their network-enabled smarts, our connected gadgets can’t easily talk to each other. Right now, we have Things Connected to the Internet, which is far from a true Internet of things."
"The most important consideration is recognizing the risks inherent in vertically integrated solution architectures. By definition, the Internet of Things is heterogeneous in the types of things it is connecting. A horizontal architecture, to manage the information from and about the things they are connecting, can abstract the transport layer from the application layer. This allows applications to be developed independently of specific sensor devices, and sensor devices to be changed and network connectivity methods changed without breaking the application dependencies."