Tag: video

  • Video and the internet of things

    Video and the internet of things

    A few days ago we discussed how 4k video cameras are going to change the sports broadcasting industry.

    Yesterday executives from modular data center supplier VCE held a media lunch where they discussed some of their industrial applications. One of the areas they discussed was the monitoring of power stations with large resolution cameras.

    The 4k cameras are trained on machine rooms with software watching for irregular conditions such as excessive vibrations, leaks or smoke. Should something out of the ordinary be detected, warnings can be triggered and potentially affected equipment spun down.

    With the 4k resolution the cameras are able to watch large areas and like the sports coverage can zoom in for a detailed view of an affected area.

    The use of 4k video cameras shows how the internet of things won’t just be about the data gathered from smart devices but also matching the information coming from IoT equipment with that of other environmental factors.

    For companies like VCE these sort of applications are an opportunity as they need large amounts of data storage and processing power in local centres.

    In many respects these small scale data centers are a large scale example of the fog computing being touted by companies like Cisco where most of the operational tasks are carried out by local equipment with only reports and exceptions being transmitted to the cloud.

    This sort of application also shows the demands different industries are going to have for local data processing and storage with the VCE executives suggesting hospitals, mines and sports stadiums are also going to need these facilities.

    For VCE – a troubled joint venture between Cisco, storage company EMC and computer virtualisation firm VM Ware – these are the sort of clients they are hoping to find to keep their business running.

    Regardless of VCE’s prospects, the need for equipment to manage the data being collected by devices on the Internet of Things and 4k video is going to grow. That could give us one of the clues of where the jobs of the future are going to come from.

    Similar posts:

    • No Related Posts
  • Closing the video store

    Closing the video store

    The last video store in my neighbourhood is closing down. A few years ago there were six in the suburb.

    Last year the US Blockbuster chain closed down its disk rental business and now the same thing is happening in Australia as people move from playing DVDs to streaming or downloading from the internet.

    In a generation the video rental industry went from nothing to boom to nothing again; a classic case of a transition effect.

    The rise and fall of the video rental industry is a cautionary tale of how yesterday’s hot new industry can become a dinosaur within a couple of decades.

    Similar posts:

  • The tough determined business of building a business

    The tough determined business of building a business

    In 2005, Therese Tucker’s company was down to its last three staff when a customer suggested a new line of business. Today BlackLine is valued at over 200 million dollars and about to list on the stock market.

    A few week ago Therese described her journey from a struggling software startup to a hundred million dollar business on the Decoding the New Economy YouTube channel.

    BlacklLine’s business automates financial processes  as Tucker explains, “we have the interesting job of providing software that helps companies automate all the things around accounting and the financial close that they currently do on spreadsheets.”

    At the time of Tucker’s pivot, the business was supplying a wealth management system when that prescient customer asked her to develop an application to manage the ten thousand spreadsheets they were struggling with for accounts reconciliation.

    BlackLine wasn’t Tucker’s first business having been involved in a series of ventures after working as an electrical engineer designing automation systems before moving into the IT industry.

    “There’s a reason for the term ‘serial entrepreneur.” Tucker says, ” it’s a bug that once you catch it you really don’t want to rest until you’ve been successful at it.”

    For aspiring entrepreneurs Tucker’s advice is blunt — “The best advice is ‘don’t do it’. Because if you listen to that advice you’ll never make it.”

    “It’s the people that are crazy and are determined to work themselves to death and to fail and fail and fail until they don’t fail. It takes that kind of grit and determination.”

    “If I tell you not to do it, then that’s great advice for you.”

    Similar posts:

    • No Related Posts
  • Television in an age of context and the mobile internet

    Television in an age of context and the mobile internet

    One of the great changes to the telecommunications industry is the rise of video. As part of the Decoding the New Economy video series we had an opportunity to grab a quick chat with Torsten Sauer, Ericsson’s Vice President of Broadcast services.

    Video is the great challenge for telecommunications company, broadcasters and consumers with Cisco Systems predicting by 2018 over 50% of internet traffic will be videos.

    As designer Gadi Amit told this website a few weeks ago, the problem is compounded as the broadcast world evolves from a three or four screen environment to an almost infinite range of screen sizes and devices.

    With most of that traffic being over mobile devices, Sweden’s Ericsson has been adapting to the the industry’s change to mobile video with a series of acquisitions in the broadcast production space. Sauer explained some of the motivations and strategies behind Ericsson’s moves in the industry.

    Red Bee Media

    Ericsson’s acquisition of British content house Red Bee Media earlier this year is one of the areas where the company is looking at growing its services.

    “Consumer behaviour is changing and that represents a huge transformation for the industry,” Sauer says. “We want to be a catalyst for that transformation through providing the right services.”

    Along with more traditional fields like basic production services, Sauer sees the company’s opportunity in building the metadata into videos making them more accessible over the very crowded internet.

    A multitude of screens

    The other key opportunity Sauer sees is that by creating richer content, it becomes easier for creators, broadcasters and advertisers to serve appropriate content to viewers depending upon both their interests and the devices they are using.

    “It’s a great opportunity for broadcasters to address new opportunities and revenue streams on different devices and in different locations.”

    Sauer’s view ties in with Gadi Amit’s in that the proliferation of ways to watch videos is going to create great opportunities for broadcasters to find different ways to show their work.

    The innovation race

    With the proliferation of channels, the field isn’t just left to the incumbents with Suaer seeing the entry of new broadcasters as one of the great opportunities.

    “There will be a lot of opportunities for a lot of new players, that will create a healthy innovation base. It’s a very exciting time to be in this industry.”

    With video marketing exploding, Sauer sees it’s important for non-broadcast businesses to experiment with video; “It’s now the time, business models are not all set and technology models are not all set.”

    Just as businesses have to deal with a more mobile marketplace and workforce, we’re also seeing video becoming more important. It’s a great opportunity for businesses to develop new channels.

     

    Similar posts:

    • No Related Posts
  • Three screens, four screens, infinite screens

    Three screens, four screens, infinite screens

    This morning I had the opportunity to interview designer of the Fitbit, Gadi Amit, ahead of his visit to Sydney next month.

    I’ll have the full interview written up in the next couple of days, but Gadi made an interesting point about not being in a ‘four screen world’ anymore, but in one where there’s infinite screens ranging from wearable glasses and watches through to smartphones and intelligent signage.

    A few years ago the concept of the ‘third screen’ came into use when we started talking about the smartphone supplementing the PC and the TV, it quickly morphed into four screens as the tablet computer appeared.

    Now the five year old idea of limiting ourselves to three screens seems quaint when there doesn’t seem to be any limits in the way we can view information.

    The end of the three screen theory is an interesting illustration on how quickly technology is moving, it also shows how rapidly business is changing.

    Similar posts:

    • No Related Posts