There's clearly a tremendous amount of interest in the IoT, and much of it is justified. IDC recently predicted worldwide spending on the IoT will reach $1.32 trillion in 2019, representing an impressive 17 percent compound annual growth rate. Other forecasts are equally optimistic. But the IoT must overcome some huge hurdles before it reaches its potential.
LAS VEGAS--AT&T just added Ford Motor Co. to its growing list of automakers sporting the company's LTE modules. Ford announced that it plans to connect more than 10 million cars with its AT&T-powered SYNC Connect service within the next five years.
Ford, GM and Toyota each announced major new efforts at the CES show in Las Vegas aimed at growing the market for connected automobiles, news that likely will boost the prospects of wireless carrier executives hoping to cash in on mobile communications two and from motorists' vehicles. But the announcements from the world's largest auto makers also appear to put distance between their products and the auto efforts from tech companies like Google and Apple.
Ford is making Apple Siri Eyes Free available to more than 5 million cars dating back to 2011.
Around three months after Ford Motor Co. chose BlackBerry subsidiary QNX's technology to power its Sync 3 in-car technology platform, and not technology from longtime partner Microsoft, Ford is now returning to Microsoft. Ford has contracted with Microsoft for the software giant to deliver cloud-based wireless updates to its connected cars.
Despite carrier, automaker and consumer enthusiasm for cars with wireless connectivity, most connected cars are vulnerable to hacking attacks and car makers are not protecting consumer data well enough, according to a report released by a U.S. senator.
Ford Motor Co. is hoping foster innov ation by opening a research center in Silicon Valley that is devoted to development for the connected car and autonomous car. The center, which will be based in Palo Alto, Calif., will focus on the convergence of the automobile and mobility.
Ford Motor Co. took the wraps off the latest version of its in-car technology platform, Sync 3, and though it has a bevy of new features, one of the biggest changes is behind the scenes: the platform is powered by BlackBerry subsidiary QNX's technology and not Microsoft.
Ford has come under fire over concerns the company and other auto makers are tracking motorists' movements via GPS data derived from their automobiles, a situation that has pushed one lawmaker to ask Ford to disclose exactly what GPS data it obtains from its cars and what it does with that information.
Ford Motor Co. CEO Alan Mulally will stay at the automaker through 2014, according to Ford board member Edsel Ford II, who reiterated the company's timetable. The announcement could mean that Mulally is now out of consideration to take the CEO spot at Microsoft once CEO Steve Ballmer steps down.