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What is The Internet of Things - An explanation

The Internet of Things is a digital map of a physical region. It could be a block, a neighborhood, a shopping center, or as grand as an entire city, country, or indeed the whole planet. This digital map relies on a capacity of the infrastructure of that region to gather data. This is accomplished through the liberal installation of sensors in build...

Why the NJ auto-dealers need to take Econ 101 - A fundamental misunderstanding of terms

                New Jersey has joined Arizona, Maryland, Texas, and Virginia in banning the direct sales of cars from manufacturer to consumer. This is in response to Tesla Motors growing success across the country, and the resulting backlash from dealers of gasoline powered cars.                 One argument often cited by proponents of indirect ...

Trouble for Putin - No good options as sanctions enacted

Before we delve into hypotheticals, let us focus on the facts. Ukraine elected Viktor Yanukovych in 2010, probably mostly legitimately. Yanukovych and his staff then stole somewhere on the order of seventy billion dollars of public money, dramatically increased presidential power, and harassed and imprisoned political rivals. Then in 2014, a large ...

Lockheed Martin to acquire Industrial Defender - Industrial Cyber-security market heats up

Cyber-security was an unknown business driver a few years back. The recent attacks and the possibility of a 'cascading failure' due to cyber-attacks on networks and industrial control systems has made cyber-security a 'must-have' solution for systems security purposes. The market initially had niche and pure-play solution providers like Industrial ...

Cannibalize Yourself - Growing your business without fear

I speak with executives every day. That’s my job. And the job of the executives with whom I speak is to grow their business. After several hundred conversations with business-growers, I’ve noticed some patterns. One is the almost perfectly uniform fear of cannibalizing market share in existing product lines. Critical to the long-term growth of bus...

Following New York City explosion: The need for smart building systems and smart cities, for a safer more secure world

An explosion followed by the collapse of two Park Avenue buildings has gripped national media attention. The five-story buildings, 1644 and 1646 Park Avenue, were completely destroyed during the peak of morning rush hour, causing at least two deaths and over a dozen injuries. What is known at this point is that a resident of 1652 Park Avenue had co...

Everything I Know about Innovation I Learned from Old Movies

By a happy accident, I happened upon Casablanca on Turner Classic Movies this past Friday. This movie always makes me happy – the wonderful dialogue, the gorgeous black and white, the melodrama… it’s just the most stylized, and stylish, thing ever, and I just love it start to finish. You know what’s funny, though? That movie – however polished and...

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