The Internet of Things (IoT) involves connecting everyday devices to enable them to communicate with each other. IoT combines existing technologies—such as sensors, robotics, data and algorithms, networking, micro-controllers, and cloud computing—to enable “smart” things.
Consider an old thermostat. To change the temperature, you would have to physically adjust the thermostat. But, if it were a smart device, an IoT device, then it could connect with your phone and recognize when you are home, and then warm up or cool down the house accordingly -- like Google Nest does.
IoT will be a crucial driver for economic growth and career prospects for years to come. McKinsey & Co. predicts IoT will reach $11 trillion in the coming decade. Many new IoT products are being created—from immersive augmented reality and sensor-based games; to smart home devices, smart cities, spaces and many more areas. The possibilities for new IoT "apps" are endless.
This is a platform for Northeastern to learn and to build the Internet of Things.
Affiliated companies can crowdsource IoT designs, prototypes, and talent.
The IoT Open Innovation Lab is bringing new accelerated progress to IoT. We are harnessing the collective skills, talents and expertise of Northeastern and organizing according to principles of Open Innovation:
Participants benefit from cash prizes to get started, jobs and career benefits, venture opportunities, and skills-development—and from working on innovation problems from world-leading companies.
Seed funding is coming from the following organizations to support the Lab’s infrastructure development, research, sponsoring problems, advertising and hiring.
If your company would like to support this initiative, contact the Lab at IoTOpenInnovationLab@northeastern.edu