AT&T sees “near endless” growth for connecting a bevy of everyday devices ranging from prescription drug caps to health monitoring systems to your car and home.
Glenn Lurie, president of emerging devices, resales and partnerships at AT&T, on Wednesday outlined a startup within the wireless giant designed to connect multiple ordinary devices. The unit, which only has $1 million in revenue a quarter, is designed to capitalize on a future where everything is “smart.” Clothing, containers, cars and everything in between will be interconnected.
In a nutshell, Lurie was talking about machine-to-machine connections and the Internet of things. In this new world order of connectivity, wireless carriers like AT&T hope to be the glue.