Entering the hardware space is easier than ever. Succeeding is a different matter.
Because of recent innovations in prototyping, crowdfunding, marketing, and manufacturing, it has never been easier — or cheaper — to launch a hardware startup than it is now. But while turning a hardware project into a product is now relatively easy, doing it successfully is still hard.
Renee DiResta and Ryan Vinyard, co-authors of The Hardware Startup, recently got together with Solid Conference chair Jon Bruner to discuss the startup landscape in hardware and the IoT, and what entrepreneurs need to know to build their businesses. Read more…
Michael Chui on the hidden value locked within the Internet of Things.
Jon Bruner and Dr. Michael Chui recently discussed Chui’s latest research on the Internet of Things as part of our IoT Profiles Series. A full recording of their conversation is embedded at the end of this post—and it’s well worth watching—but here’s a look at a few key points that were made. Chui will expand on these ideas and debut his new report during his session, “Beyond the hype; Mining the value of the IoT,” at the upcoming O’Reilly Solid Conference (June 23-25 in San Francisco).
Comparing B2B and consumer applications
A lot of the hype surrounding the IoT is centered around consumer products, and while Chui sees tremendous value in the consumer arena, the business-to-business (B2B) market holds particular promise. “There’s double the amount of value in B2B applications as there are in consumer applications,” he says. The value, he says, “is in logistics and manufacturing and many of those applications.”
Even in consumer applications, he adds, B2B2C (business-to-business-to-consumer) applications can multiply value. ”When, in fact, the consumer health care health monitor can be connected to my provider, to my doctor, and have that continuous stream of health data actually connect up to the professional health care system, that’s where we think a lot of value can be created.” [Discussed at the 5:08 mark.] Read more…
Bitcoin is more than just a currency. Here’s a look at what it is and what it isn’t.
Just what is bitcoin, anyway?
Conrad Barski and Chris Wilmer, authors of Bitcoin for the Befuddled, recently hosted a webcast discussing exactly what bitcoin is (and what it isn’t), how it’s used, how businesses can use it, and some of the disruptive opportunities that bitcoin offers entrepreneurs.
They presented an overview that clears up some of the misconceptions about bitcoin. Read more…