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DHagar
DHagar
6/27/2016 1:04:19 PM
User Rank
Platinum
Re: IoT
@dcawrey, that's key.  The knowledge they are gaining and the fail fast structure should serve them well.  They deserve credit for developing this capability.

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JohnBarnes
JohnBarnes
6/26/2016 8:06:40 PM
User Rank
Platinum
Re: IoT
dcawrey,

I'd put down a not-very-confident bet that IoT will turn out to make most of its money as a personal-development tool; a lot of people really want to be "all watched over by machines of loving grace".

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JohnBarnes
JohnBarnes
6/26/2016 8:04:02 PM
User Rank
Platinum
Re: IoT
Mike, DHagar,

The great thing about big data/analytics is that the user does such a big part of the work. Check out the huge libraries of functions for R, Python, or the various forms of SQL and you'll discover that people build tools very quickly, critique and fix them just about instantly, and then combine them to make more. If you think of information that can be extracted from any big pile of already-collected data, and you've got good stats chops (say, about 2nd year grad school in statistics/statistical inference/machine learning), chances are that in any halfway mature system all the modules you need are already out there, for free or for cheap, somewhere, mostly built by hobbyists.The bottleneck is really just having the people who know enough of the right math to make it all work together.

Rolling out an app store and a big-data analytics feature simultaneously isn't just a lucky coincidence; the first will enable the second.

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dcawrey
dcawrey
6/25/2016 2:45:07 PM
User Rank
Platinum
Re: IoT
This does give Verizon competitive advantage. 

IoT is going to be huge. However, no one really knows exactley what's going to be the biggest driver of this. ThingSpace is a proving ground for this, and allows Verizon to learn as it goes along. 

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dlr5288
dlr5288
6/25/2016 1:27:56 PM
User Rank
Platinum
Re: IoT
I'm currently satisfied as a Verizon customer. They do have their issues, but overall my experience has been pleasant! And I'm excited to see what will be the next thing they take on!

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afwriter
afwriter
6/24/2016 8:39:47 PM
User Rank
Platinum
Re: IoT
I agree, if this is done right Verizon is going to jump leaps and bounds ahead of competitors. It will be interesting to see the scramble to catch up.

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DHagar
DHagar
6/24/2016 1:42:07 PM
User Rank
Platinum
Re: IoT
@dir5288, yes, I  believe they might be underestimating the difference, and may not have the expertise in that area.

Congratulations then as a Verizon customer, I think they are making some smart strategic moves in building their networks - which they clearly have knowledge.  They get points for innovation and opening up new service opportunities. 

I think ThingSpace is great - we will see what they do with it.

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clrmoney
clrmoney
6/24/2016 12:24:53 PM
User Rank
Platinum
Verizon ang Thingspace
This is great for verizon connecting with Thingspace meaning more business and revenue and more services available.

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dlr5288
dlr5288
6/24/2016 11:53:04 AM
User Rank
Platinum
Re: IoT
I agree with you. I'm not sure if Verizon will be able to make this successful using apps and developments like that. As a Verizon customer I'm curious and anxious to see where this will lead.

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DHagar
DHagar
6/23/2016 8:21:16 PM
User Rank
Platinum
Re: IoT
@Mike, I am thinking the same thing about the perspective from competitors.

It's a great vision and I think viable in the areas of connectivity - I think Verizon can do well there.  But I am not so confident of their knowledge or their ability to compete in big data and analytics.

It seems as if they are trying to possibly be the all-in-one system - with their purchases and expansion.  I think this fits tactically, but I do not see some of the strategic alignments.

Thanks for the interesting developments, Joe.

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