Abolutely, I'm sure intel has been doing research for years. The announcement is to let the industry know they are ready and possibly, are looking for ioT startups. A company of Intel size can't just do announcement w/o actually finishing their homework. ;)
There are a couple fundemental technologies for ioT, for example low power MCU, wireless such as Zigbee and Bluetooth LE, Cloud-based, etc. How ready Intel is in these categories? The recent investment to various startups seemingly gets Intel closer ioT readiness. How far Intel is away from first product launch? More importantly, what's the first product?
I agree @Caleb...many people have been looking and probably even doing something in that space...before the term was invented!...now every marketing department needs to IoT label
the same thing happened with cloud computing...there was areall business doing exactky the same thing years before someone came with the label that sounded innovative...and there are probably hundreds of other examples like this
By no means is this too late. Obviously they've already been studying this stuff. By acknowledging publicly that they are devoted to helping build this new (old) idea, it just looks good for them and their investors.
I don't think this is too late...there are very few commercial IoT market developments yet...lots of PR and EE Times discussions ;-)...IoT business is so dis-organized without any clear vision, framework, standards or solid business plans that it will take years to sort this out...Intel initiative is valueable and there will be many more attempts by others to create business liances...Kris
This is surprising - I would have thought Intel had that group for years now. It seems they are coming late to a new technology paradigm again just as they missed the mobile internet revolution. IoT is going to be the next wave and Intel just doing this now is a surprise.
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.