Microsoft plans to invest $5 billion into the IoT

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Microsoft has announced it will be investing $ 5 billion into the IoT over the span of the next four years.

The goal of the investment, according to the firm, is “to give every customer the ability to transform their businesses, and the world at large, with connected solutions.”

If you’re reading this, you’ll know the IoT will have a huge impact on almost every facet of our lives — much like computers have. Microsoft’s goal for the IoT even harks some resemblance to company founder Bill Gates’ mission statement to put "a computer on every desk and in every home."

Global management consulting firm A.T. Kearney predicts the IoT will lead to a $ 1.9 trillion productivity increase and $ 177 billion in reduced costs by 2020. This will be driven by connected improvements to cities, homes, vehicles, utilities, manufacturing, and just about every other aspect of our lives you can think of.

The $ 5 billion investment announced today will help to ensure Microsoft continues to deliver for its customers’ needs.

Microsoft already has a range of IoT solutions available including, of course, a dedicated version of its operating system for use on low-powered devices — aptly called Windows 10 IoT.

Along with its operating system, Microsoft also has a cloud offering to control, secure, and manage IoT devices. To complete the end-to-end solution, Microsoft also offers analytics and specific applications for businesses looking to take intelligent actions based on IoT data.

Julia White, CVP of Microsoft Azure, wrote in a blog post:

"We are committed to helping customers bring their vision to life across every industry. Today’s announcement is big—for us and for the future of IoT and the intelligent edge. It positions us to support customers as they develop new and increasingly sophisticated IoT solutions, which few could have imagined just a few years ago. We can’t wait to see what comes from our customers and partners next, and we’ll have more to share throughout the year."

Companies like Steelcase, Kohler, Chevron, United Technologies, and Johnson Controls currently make use of Microsoft’s IoT platform.

What are your thoughts on Microsoft’s IoT investment? Let us know in the comments. Latest from the homepage

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Invest $15 in your future and get working as an Android developer now

How Complete Beginners are using an ‘Untapped’ Google Network to create Passive Income ON DEMAND

Marketing firm Dot Com Infoway determined more than half the time we all spend digging through digital media online in 2018 is spent on mobile apps. Meanwhile, about three quarters of those apps are running on an Android-based operating system. So it stands to reason that those looking to give their career prospects a jolt should take a serious look at learning to build useful, stable, engaging Android apps. Obviously, that’s easier said than done. However, you can take a big step toward mastering apps creation in this dominant environment with the Complete Android O Developer Course. Right now, this…

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Bose forays into AR with audio-only AR glasses prototype, to invest $50 million

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At SXSW, Bose announced that it is foraying into the AR game but unlike many AR tech out there, Bose is all about audio that will be delivered through a “wafer-thin acoustics package. It also introduced a new prototype glasses to hear which Bose says is the future of mobile sound. The company also mentioned that it will make the SDK for the AR for developers this summer. The AR glasses though doesn’t change or add 3D objects in what you see, but it will know what you’re looking at without an integrated lens or phone camera. Bose AR adds an audible layer of information and experiences which will make your daily experience better. The company specifically developed the wafer-thin acoustics package technology for the platform which will represent the future of mobile micro-sound with power and clarity. The technology can be built into the headphones, eyewear, helmets and more. It can be controlled with simple head gestures, voice, or a tap on the wearable to control content. The first AR prototype glasses were engineered and manufactured by Bose. They are compatible with Bluetooth, has microphone support for calls, Siri or Google Assistant integration. It is Bose’s new proprietary technology that keeps audio private with an ultra-slim, ultra-light, ultra-miniaturized acoustic package embedded discreetly in …
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Uber founder Travis Kalanick started his own fund to invest in companies that focus on ‘large-scale job creation’

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He will be making investments in real estate, e-commerce, and innovation in China and India.

Travis Kalanick announced on Wednesday that he is starting his own investment fund. The former CEO of Uber, who only recently resurfaced publicly since his June 2017 ouster, wrote that he has been working on what his next move will be over the last few months.

To that end, he’s been making personal investments in both for-profit and not-for-profit companies, and is creating this new fund to manage those ventures. Kalanick wrote that the fund, called 10100, would focus on “large-scale job creation” with investments in e-commerce, real estate and emerging tech in China and India.

In other words, Kalanick will be keeping himself busy by financing and sitting on the boards of companies, at least until he finds his next full-time job. Fresh off selling almost a third of his Uber shares to SoftBank Capital, Kalanick certainly has cash to spare. That transaction netted Kalanick almost $ 1.4 billion.

The notoriously pugnacious former Uber executive already sits on at least two boards, including Uber’s and, most recently, Kareo, a medical startup he was an angel investor in.

Many have questioned whether Kalanick would be able to take a step back from his role at Uber following his departure, or if he would attempt to continue to run the company from his board seat. But, the SoftBank transaction also came with governance changes that whittled his voting power and that of other board members. Now the number of shares directly correlate to the amount of decision-making power.

Kalanick did not respond to requests for more information at the time of publication.

This is developing …

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Samsung starts building new EUV semiconductor line, to invest $6 billion by 2020

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