The Takeaway: Tech bubble redux?
The last time a tech bubble burst, markets fell, start-ups failed, IT unemployment shot up and undergraduate enrollments in computer science fell off a cliff.
The last time a tech bubble burst, markets fell, start-ups failed, IT unemployment shot up and undergraduate enrollments in computer science fell off a cliff.
Whirlpool, a huge company with 69,000 employees and $19 billion in sales, is borrowing startup strategies as it builds its Internet of Things capabilities--and IT is intimately involved. The appliance maker has put employees from various functions, including marketing, product development, finance, procurement and IT, into what it calls a Connectivity Team to work collaboratively in one physical space.
When Abby Cohen and Andrew Brimer decided to locate their health IT startup, Sparo Labs, in St. Louis, neither one considered a Midwest location as a challenge to attracting top technology workers.
Google-owned Nest is letting its products get cozy with other devices and apps like health trackers, home appliances, even cars.
The only limit to the Internet of Things isn't imagination or technology. It's interoperability. And the Linux Foundation thinks that's an issue it can help fix.
You may recall how the last tech bubble 15 years ago resulted in staggering market losses, numerous failed start-ups and increasing IT unemployment. Less noticed was the bubble's eerie correlation to undergraduate enrollments in computer science.
Plans by smart thermostat maker Nest Labs to share some customer data with corporate parent Google means the search engine giant will be fending off privacy concerns as it expands into home automation.