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The Internet of Things’ Next Phase Aims to Improve Your Life

There has been a lot of talk in the venture capital industry about automating the home and leveraging Internet-enabled devices

There has been a lot of talk in the venture capital industry about automating the home and leveraging Internet-enabled devices for various functions.

The first wave of this was the use of the smartphone as a remote control to manage, for instance, a thermostat.

The thermostat then begins to recognize user habits and adapt to them, helping consumers save money.

The Internet of Things

A lot of people took notice of this first-generation automation capability when Google bought Nest for a whopping $3.2 billion.

But this purchase was never about Nest; rather, it was Google’s foray into the next phase of the Internet of Things. The ability to control the temperature using Nest or to open your garage door using your smartphone falls under first-order IoT applications. The next phase will be two-fold. It will be about connecting Internet-enabled devices in the home, as well as leveraging data to improve people’s lives and the efficiency of their businesses.

Read the full story at TechCrunch.

More Stories By Shelly Palmer

Shelly Palmer is the host of Fox Television’s "Shelly Palmer Digital Living" television show about living and working in a digital world. He is Fox 5′s (WNYW-TV New York) Tech Expert and the host of United Stations Radio Network’s, MediaBytes, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment.

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