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3 Internet of Everything Trends from 2013

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We are well past the customary Happy New Year greetings timeframe into 2014, and on the heels of the first big acquisition in the IoT/IoE space, I wanted to recap key announcements and initiatives from 2013 that have set the stage for 2014:

Formation of Dedicated Divisions

One trend in 2013 was for major companies to re-organize themselves to create groups or divisions within for Internet of Everything – chief among them were Cisco Systems and Intel. They joined IBM, I think, was the pioneer to organize itself around the Smarter Planet initiative. It is not clear to me if the group is formed around Wind River which it had acquired or Wind River has been moved to this new group. GE made several announcements and is heavily investing in their initiative that they have tagged as Industrial Internet.

Bosch followed at CES 2014 with its announcement forming Bosch Connected Devices & Solutions.

Alliances & Standards

The second observable trend was groups forming as a part of Standards Development Organizations (SDOs) and Open Source Initiatives. Two major announcements were the formation of a Smarthome alliance by ABB, Bosch, Cisco and LG and Qualcomm releasing its AllJoyn framework to the Open Source Community and forming the AllSeen alliance.

IBM had open-sourced the MQTT standard and in 2013 it was adopted by Oasis and bunch of companies to be advanced as a reliable messaging protocol for IoT.

Money Flow: Crowd-funding, Exits & Investments

Corporate investors ranked high in investments made in the IoT/IoE space in 2013.

Crowd-funding sites like Kickstarter and Indiegogo continued to be major sources of funding for IoT startups likes Canary. Lifx which was funded in 2012 on Kickstarter, launched their bulbs in 2013.

Crowd-funded companies from 2012 brought in VC-led investments in 2013 – chief among them SmartThings and Variable Inc. (Node).

Tado, Revolv, Arrayent, Zoneoff, Ayla, Fitbit, Dropcam, EstimoteWithings, and Netatmo are some of the key startups in the IoT/IoE space raising money in 2013.

Sensinode was acquired by ARM – an interesting case signaling ARM wants to be in the IoT/IoE market beyond providing semiconductor IP. ThingWorx was acquired by PTC.

In summary, the three trends above will increase the momentum making 2014 a watershed year in IoT/IoE.

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Written by Ashu Joshi

January 19, 2014 at 8:16 pm

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