Tag: business

  • Microsoft and the Internet of Your Things

    Microsoft and the Internet of Your Things

    Microsoft has come late to the Internet of Things party, but it is has a good angle with it’s ‘Internet of Your Things’ tagline.

    General Manager of Microsoft’s embedded systems division, Barb Edson, spoke with Decoding The New Economy about the company’s strategy with the Internet of Things.

    For Microsoft, the emphasis is on the enterprise side of the business with Edson describing their strategy of “B2B2C” where the value in the IoT lies in managing the data for the businesses providing consumer services.

    Most notable is the company’s IoT tagline, as Edson says; “from Microsoft’s perspective we view the Internet of Things as ‘the internet of your things.”

    “Lots of companies out there talking about the Internet of Everything that there’s 212 billion devices, why do you care as business executive. You care about your things.”

    Microsoft’s strategy is based on leveraging their own assets such as Azure cloud services, SQL Server and Dynamics along their customers’ existing infrastructure.

    This retrofitting the internet of things to existing infrastructure is illustrated by Microsoft’s using the London Underground as its main reference site.

    Connecting all 270 stations of London’s 150 year old Tube network to the IoT is a massive undertaking and one that can only be done by retrofitting existing monitoring and SCADA systems.

    Interestingly the case study only look at Phase One of what appears to be pilot project in selected locations, the Microsoft spokespeople were a little unclear on this when asked.

    The London Underground is only one example of millions of organisations that will grapple with adding existing equipment to the internet of things in coming years; it’s an opportunity that Microsoft has been smart to identify.

    Edson however is clear on how Microsoft intends to help companies deal with the information overload facing managers, “I think the most exciting thing is we’re seeing real business problems being solved.”

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  • NASA and the five technologies that will change business

    NASA and the five technologies that will change business

    What will be the next five technologies that will change busines? CITE Magazine has an interview with Tom Soderstrom, the chief technology officer at NASA’s Jet Propulsion Laboratory on what he sees as the next big game changers for business.

    The list features many of the topics we’ve discussed on this blog; data visualization, the Internet of Things, robots, 3D printing and new user interfaces.

    NASA’s Jet Propulsion Laboratory is a good place to start when looking at what technologies will become commonplace in business as the organisation is testing the limits of modern engineering.

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  • Counting the cost of investors

    Counting the cost of investors

    Israeli tech startup Waze was always an interesting business; the idea of combining crowdsourcing and social media to provide traffic reports was fascinating concept that seemed to work well.

    When Google bought the company two years ago, it was seen as one of the success stories for Israel’s vibrant tech startup scene, but a LinkedIn post by Waze’s founder Noam Bardin suggests the acquisition was not what the founders wanted.

    One of Waze’s mistakes was the valuation of its A round which significantly diluted the founders. Perhaps, had we held control of the company, as the Founders of Facebook, Google, Oracle or Microsoft had, Waze might still be an independent company today.

    Not being an independent company is also a weakness for Waze, as Google have shown in the past they are ruthless in shutting down businesses they’ve acquired and there’s no guarantee that Bardin’s creation won’t meet the same fate.

    Google though are not alone in this, Yahoo! is notorious for neglecting companies they’ve acquired and today Microsoft announced it’s closing the Farecast travel price prediction service it bought for $115 million six years ago.

    Oren Etzioni who founded Farecast in 2004 isn’t happy about this according to Geekwire, however that’s the downside of selling your baby to another business – its destiny is now in the buyer’s hands and their vision may not be the same as the founders’.

    A good example of a company controlling its destiny is Atlassian, the Australian founded collaboration tool service, which the Wall Street Journal describes as being “one of the world’s most valuable venture-backed companies.”

    In many respects Atlassian is the opposite of the Silicon Valley business model with an emphasis on engineering and product development over sales and marketing. Atlassian’s founders aren’t focused on hyping the business with the aim of selling to a deep pocketed greater fool.

    For founders, the tricky balance in raising enough money to achieve their objectives while not giving away a controlling interest. Get it wrong and a founder ends up being forced into a course of action they didn’t want to do, as Noam Bardin found.

    Bardin’s post on the Israeli business community and startup scene is an interesting perspective into the strengths and weaknesses of the country’s entrepreneurial culture, much of which would be familiar to many outside of Silicon Valley.

    One big lesson though for founders, Israeli or otherwise, is don’t give away too much equity too early, or the investors make take you to places you didn’t want to got to.

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  • A life in photojournalism

    A life in photojournalism

    The latest Decoding the New Economy video is an interview with wine photographer Charles O’Rear.

    Charles was on tour with Microsoft to promote the end of Windows XP, it was his photo of a Napa Valley hillside that became the background feature the system’s default ‘Bliss’ theme.

    The interview is a long ranging discussion on how photojournalism has changed over the last four decades along with the evolution of both the art and science of photography itself.

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  • Sense-T and the Tasmanian economy

    Sense-T and the Tasmanian economy

    On Networked Globe I have an interview with Sense-T’s director, Ros Harvey.

    Sense-T is a project to connect the entire state to the internet of things using a sensor network monitoring soil, water and other environmental conditions to help the state’s agriculture and business communities.

    Harvey’s ambitions for the project are high where she sees Sense-T even having the potential of rekindling the interest of the state’s students in science and technology courses.

    It’s a brave project that means a lot to a state that’s doing it tough.

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