Podcast: Check out Maslow’s Hierarchy of IoT

We finish up our CES thoughts this week, although after living it, writing about it and talking about I’m not sure what’s been covered and where. We talk about Wi-Fi devices, Chamberlain working with Amazon’s Key program, and Kevin’s post-CES thoughts. We then turn to some security issues that are still plaguing companies grabbing and storing IoT data from Gemalto and Trend Micro. But avoid despair, IEEE has an idea to help improve security. In fun news, Lutron made an acquisition, Kevin’s excited about robots in his grocery store and there’s a new idea to protect your privacy from smart speakers. We also answer a listener question about tracking when someone comes home from school.

Our guest this week is Guido Jouret, the chief digital officer from ABB. ABB makes everything from industrial robots to plastic zip ties in more than 290 factories around the world. Jouret explains Maslow’s hierarchy of IoT needs, or rather IoT development. From there we discuss the industrial IoT moonshot and new capital models enabled by usage-based pricing. What if pension firms end up owning big industrial assets while other companies merely pay per use? It turns capital expenditures into operating expenditures for manufacturers and lets investment firms own the capital equipment. Crazy. You’ll like this episode.