
Summary: Paul Taylor covers the nearing convergence of the virtual and physical worlds through the big IoT players such as GE, Cisco and Xively by LogMeIn.
“The promise of [the internet of things] has captured the imagination of consumers and businesses, alike,” says Chad Jones, vice-president of product management at Xively, a subsidiary of cloud-based software company LogMeIn.
He warns that the infrastructure needed to turn these ideas into reality will be “complex and requires significant, specialised [sic] expertise above and beyond devices and applications, and beyond the skills and resources of most businesses”.
Companies such as GE and Xively plan to provide cloud-based services that will allow businesses to openly collaborate and create products that others can share to hopefully overcome some of these difficulties.
Read the full story here: http://www.ft.com/intl/cms/s/0/7a1fee1a-5e4d-11e2-a771-00144feab49a.html#axzz2U22U914Q






