IoT Podcast: Episode 168: How GE’s Current curtailed dreams to meet reality
This week Kevin and I spend a bit of time on industrial IoT news with Rockwell Automation’s $1 billion investment in PTC and also ARM’s buy of a Stream Technologies. On the consumer side, we debate Wi-Fi subscription plans and Nest’s price drop and Ring’s new security system. We also talk about Thread’s milestone in industrial IoT, Verizon’s new CEO, and whether or not Google Home can now handle three consecutive commands. I review the Wyze Pan Cam and we answer a question about the Qolsys’ IQ Panel 2.
This week’s guest comes from GE’s Current lighting business. Garret Miller, the chief digital officer at Current by GE explains why the division is for sale, why GE has to offer lighting as a service, and how reality forced a shift in thinking for Current. When Current launched, it had grand plans to deliver electricity as a service but realized that it was several steps ahead of the market, so it now offers lighting as a platform. It’s a good interview about how to reassess the market when needed.
- Why ARM bought Stream Technologies
- Ring and Nest gear up for home security fight
- I like the Wyze Pan Cam
- Why GE had to change the way it sells lights
- Why Current changed business models and what it says about IoT