Wednesday 7 January 2015

Samsung pledges over $100m to make an open Internet of Things finally happen

BK Yoon CES

Samsung’s chief executive BK Yoon promised more than $100m in funding for developers and to create an open system to kickstart an Internet of Things (IoT) revolution.
Samsung sold 665m devices last year, many of which already have internet connectivity. But Yoon promised that by 2017 90% of those devices will plug into the IoT ecosystem, and 100% in five years.
“I’ve heard people say they want to create a single operating system for IoT, but these people only work with their own devices. We can deliver the benefits of IoT only if all sensors can talk to each other,” said Yoon in his opening keynote for CESin Las Vegas where he laid out Samsung’s vision for the future of IoT. “I’m making a promise that our IoT devices and products will be open. We will ensure that others can easily connect to our devices.”
The Internet of Things (IoT) is a buzzword that essentially describes an environment where everything is connected to the internet creating “swarm intelligence” from individually dumb devices. Bins, toasters, roads and lights will be able to talk to each other for automatic, more efficient control and monitoring.
A bin could tell the council when it is full and needs collecting, rather than just on a set schedule, for instance. A fridge could detect when the milk is empty and order another pint. The central heating system could track its owner and only turn on when they are on their way home.

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