How a new cloud computing system could turn anyone into a tech entrepreneur
That Nest thermostat on your wall could be making you money. Not saving money, mind you. That’s its day job: learning your habits so it can fine-tune your energy use and lower your power bills. But most of the time, it’s just sitting there with nothing much to do. Add in some code written by a group of UAB computer researchers, however, and that Nest — along with all the other smart refrigerators, TVs, light bulbs, sensors and more that make up the Internet of Things — could be helping traveling businesspeople crunch data, tourists Photoshop their vacation snaps, and more.
The system, known as Aura, is the brainchild of a UAB team led by Ragib Hasan, Ph.D., assistant professor in the UAB College of Arts and Sciences Department of Computer and Information Sciences, and director of the SECRETLab research group. Aura pools the unused processing power available in Web-linked devices like the Nest, the poster child of the new Internet of Things (IoT) age.
Aura is designed to connect dozens or even hundreds of these devices into a localized cloud service for customers in need of additional computer horsepower. In addition to the extra processing muscle, those customers would keep their data nearby, instead of broadcasting it to mammoth data centers around the world.
My own private cloud
“With Aura, the building becomes an extension of the mobile phone’s processor and memory,” Hasan explains. “It doesn’t matter that the phone has a weak processor and limited memory — we can do most of the computation on the IoT devices in the building. It doesn’t matter that the phone has limited memory, because it now has access to a vast amount of memory belonging to the IoT devices.”
In other words, Hasan says, “Aura allows us to create powerful desktop-level apps to run on mobile phones, something that is not currently possible.”
Imagine an account executive arriving at her client’s offices, only to come across a new piece of data that would be perfect for her presentation. With only an iPhone handy, she doesn’t have the processing power to recalculate her complex spreadsheet. But “with Aura, she could offload this calculation to a secure, local cloud, and get a response quickly,” says Hasan.
Why would IoT device owners want to take part? Money, of course. Customers would pay a fee for the service, and device owners would be compensated based on the processing power they contributed to the operation.
Read more: Put That Nest to Work
The Latest on: Internet of things business model
via Google News
The Latest on: Internet of things business model
- Internet Security Market With Included Analysis Of New Trends, Updates, And Forecast To 2031on September 19, 2022 at 12:55 am
CRIFAX added a new market research report on 'Global (U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, R ...
- Micro Miniature Co Axial Adapter Market To Reach USD 3.7 Mn By 2022 From USD 5.8 Mn In 2031, At A CAGR Of 4.5% During The Forecast Periodon September 18, 2022 at 11:39 pm
Tier-2, and Tier-3 companies are covered in this Micro Miniature Co Axial Adapter Market report etc. and other key market players. Micro Miniature Co Axial Adapter Market to reach USD 3.7 mn by 2022 ...
- Wrestling Talent Who've Used The Internet To Elevate Themselveson September 18, 2022 at 9:00 pm
With the advent of the modern internet, the graps business had been forever changed, and some have taken advantage of it and brought themselves to new heights.
- Shopify: The Central Operating System For Businesson September 17, 2022 at 5:12 am
Shopify beat the stock market since IPO until 2022 started. Click here to see SHOP's current headwinds and why I think SHOP will bounce back.
- The Internet of Things Needs Crypto-Agility and PKI to Survive Quantum Computing Attacks — Here’s Whyon September 16, 2022 at 2:53 pm
The post The Internet of Things Needs Crypto-Agility and PKI to Survive Quantum Computing Attacks — Here’s Why appeared first on Keyfactor.
- How the Ethereum Merge Could Lead to Improved On-Chain Privacyon September 16, 2022 at 6:47 am
Ethereum has been attacked over the years for its prohibitively expensive gas, or transaction, fees. It’s this often well-placed criticism that has inspired a historic network redesign that culminated ...
- Internet Of Things (Iot) In Renewable Energy Market Size 2022 : Growth Perspectives, Trends, Development Technologies and Innovations by 2029on September 16, 2022 at 12:13 am
In Renewable Energy Market (2022-2029) research report gives most upcoming industry information on the market situation and future outlook. This report provides you analysis of Internet Of Things (Iot ...
- Internet of Things (IOT) in Utility Market SWOT Analysis, Innovations, Emerging Trends, Key Players, Future Scope and Forecast 2029on September 15, 2022 at 12:35 pm
The finest Internet of Things (IOT) in Utility market survey report provides an all-inclusive and accurate research study ...
- How smaller businesses can harness the power of the Industrial Internet of Thingson September 15, 2022 at 9:15 am
For owners of small and medium-sized firms, full-scale IIoT adoption requires knowing where to start, as well as education on how their enterprises can profit from the technology.
- 4 Predictions About The Wild New World Of Text-To-Image AIon September 11, 2022 at 5:42 pm
Text-to-image AI models generate original images based solely on simple written inputs. Users can input any text prompt they like—say, “a cute corgi lives in a house made out of sushi”—and, as if by ...
via Bing News