Why You Shouldn't Care About The Internet of Things
Vijay Anand
Founding Partner at Studio V, Founder at Quanten Media and curator at C42
Since the early 18th century, and the post the Industrial revolution where we kickstarted manufacturing and with the birth of the automobile industry (where we shrunk distances), we have dramatically shifted the way we can change things around us - and created value (or so the stats seem to show).
But if you think about it, in the last few decades, we seem to be pre-occupied in building electronics, social networks and Virtual reality (one spawns the rest, and caters to self indulgence, rather than contribute to productivity).
An entire generation in this planet, really hasn't been contributing to push things forward now. While the generation before us built planes and cars, we built snapchat. Yep. Let's pat ourselves on the back for that one. Then they went ahead and massively funded them, rather than fundamentally looking at the way we live in this planet.
The Internet of things is a technology vertical - just like the cloud. I see a lot of folk talk about building IOT startups, but truth is, there is no such thing as a IoT startup, just as there isn't anything called a Cloud startup.
The Internet of things will enable two things: Connectedness and Automation.
The one thing that will make a big difference with those two things plugged in, is in continuous monitoring and automating tasks that we have had humans do - mostly boring work like running manufacturing plants (Industrial), growing plants (agro), harvesting, watering them, turning on and turning off lights etc.
While that seems like making humans more lazy, it can also enable hospitals to care for patients better (when human monitoring might fail during night shifts) - or we could eradicate hospitals altogether, or enable us to monitor cities and enable distribution of water, electricity and provide security in a better manner.
So really, the Internet of things is a Fad. The truth is, there is no such thing called an IoT Startup. But the technology will give birth to Manufacturing 2.0, Entertainment 2.0, Smart Cities, Connected Individuals, Security 2.0, Smart Automobiles, Agritech 2.0, Healthcare 2.0, Cleantech 2.0, Infrastructure 2.0, and smart networks.
If you are looking for a place to get started with an idea in any of these sectors, well then you must attend the In50hrs IOT Edition in Chennai on the dates of March 11 - 13th.
Reserve a spot here
We are expecting close to 150 participants for this event. Don't miss it. Who knows, you might define the future during those 50 hours.
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8 年I do not agree with Vijay that IoT startup term itself is a fad. However it is definitely an enabler for a better quality of life all around. It definitely brings significant gains to an industry(like healthcare) while it will definitely improve operational efficiency in manufacturing/agriculture/resource management. Any new concept definitely brings in businesses think deeply about it and exploit for revenue. Well telecom networks has been around for ages now. But to really exploit for a M2M communications , we are thinking now. Without the so called "hype" people probably were happy doing apps for mobiles.This would bring in people from different disciplines together to solve a "real" problem
Founding Director & Principal Software Architect at Idea2Network Pty. Ltd.
8 年IoT is future but how do start up company compete with big gorilla companies without selling anything as pointed out above ,the consumer market may not be ready to buy IoT based product yet?
Account Manager, Global Delivery [Europe] Network & Edge Practice (Kyndryl)
8 年That's a pity, Vijay.
Fast cost efficient data backups at scale in cloud
8 年The title is misleading ;) Just like any other startup, IoT startup needs to find customers and make money. I guess the advice is more for investors to not invest just because something is IoT. Well said.
Polymath | Founder, GiftdMinds
8 年Well, aren't we all are prisoners of our own experiences? Our vision limited by the horizon, and imagination by our minds. Time has a funny way of proving the best of us wrong but then who knows may be you end up being right :). All the best for the in50hrs iOT event.