There is no winner takes all in the smart home yet, because none of the products and services available have the scale yet says Om Malik, this week’s guest on the Internet of Things Podcast. Malik, who is a partner at True Ventures and wrote a great article in the New Yorker on the virtuous cycle of fast infrastructure leading to more users and more data, which leads to better algorithms, which leads to more customers and more data, ad infinitum. We talked about what it would take to get to that point for the Internet of things and the devices he would like to see. He also discussed the challenges ahead, and if you are making products you better listen up.
Before he and I chatted, Kevin Tofel and I broke down the week’s news including the Amazon Echo’s new ability to read your Kindle books aloud, Nest glitches, and Kevin’s random purchase of the Quirky egg minder. Kevin also reviews the new Under Armour health box that includes a Wi-Fi scale, a fitness band, a heart rate monitor and in his case a pair of running shoes. At the behest of a listener I also found the only two Wi-Fi leak detection sensors on the market to see if they made sense for his needs. So stay turned and listen up.
- The Nest has new issues, so what is a homeowner to do?
- Finding a Wi-Fi water sensor is harder than it looks
- Reviewing the Under Armour gear kit (Now with IBM Watson!)
- Will the Internet of things build its own monopoly players?
- Om’s two biggest threats for the Internet of things startups are ….
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Great interview!
Me and my team developed our hardware product for Indian market with Paul Graham’s theory of constantly talking to customers and analyzing user data. After one year of slog we arrived at a product and growth theory, but were unsure. Big confidence boost with Om Malik validating the theory with his insights about the US market.