Definitely. This blog is so clear and informative. Apple is a brand which has a self identification itself. It is a very well know brand in our electrical world. But it is very important to have a good and effective business strategy. Every organization has its own strategy and by implementing this they can able to achieve their goal. Similarly a person has a strategy regarding his/her career. An effective strategy is always essential to get success. Plan a success strategy
A bigger question is - How can a giant Korean conglomerate possible capture this? While the message is to include small innovative companies and hire names from innovative companies, will Samsung actually allow this to happen? If the technology distrupts current cash cows, the BoD will kill it. Samsung will fall back on process improvements and patent flooding. Breakthough innovations rarely come out of massive bureaucracies.
Commoditized hardware and value through software has always been the endgame for IoT, just as it was for the original Internet. It does ocurr to me that giving an automated intelligence sensor input and actuator capability ties right into a favorite sci-fi doomsday scenario. Even if we are not seeing the birth of Skynet, this could turn into the Machine out of Person of Interest.
@alex_m1 Google will definitely be a factor, after all they are already in the IoT market with Google Glass, they have their own Motorola phone brand, and as you say they are very good at analytic software--also Samsung's $100 million accerlerator fund is nothing like the resources Google could throw at the problem. All that said, Samsung is still doing the right thing by extending their ecosystem with IoT partners. Apple may be the real loser here.
So this could basically commoditize the electronics, and basically transform the IOT(or wearable sensors) market to a software play. Seems like it could sucseed , with "software eating the world" trend.
But because this is samsung , google will compete with them. And if you products are based on analyzing data, it's not good to compete with google. Google can offer more data and better machine learning tools. And good is ver good at building developer ecosystems.
So let's wait to hear what google has to say about this.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.