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[Forbes] Panasonic's Bold IoT Plays In Weather, Smart Cities, And Open Standards
#1
Panasonic's Bold IoT Plays In Weather, Smart Cities, And Open Standards

In the 1930s, back when a home radio was very expensive and not very reliable, Konosuke Matsushita, the founder of Panasonic, purchased two key patents then promptly released them to the public domain to spur growth in that nascent market. Last month, in a similar move, Panasonic announced royalty-free access to software, patents and experience from its device-to-cloud software technology, currently employed in home monitoring systems, solar energy and in retail applications. It was a bold commitment to the Internet of Things (IoT). In reality the Panasonic has been quietly operating within the space for many years, according to its North American CTO.

"One thing I need to explain to people is that we're not just cameras and TVs," said Todd Rytting, Panasonic Corporation of North American Chief Technology Officer. "Most of the revenue—in fact 85 percent in the United States – comes from B2B sales. Panasonic is very much an IoT company."


http://www.forbes.com/sites/robertvamosi...uture-tech
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