A stellar quarter for Amazon
Q: What makes up only 11% of Amazon’s revenue, but 67% of its profit? A: Amazon Web Services (AWS). The company cleared $9.95 billion in revenue in the fourth quarter and continues to dominate the cloud services space. The quarterly performance well exceeded expectations. CNBC
dis-rup-shun: It’s looking like Q4 was a great one for tech companies, suggesting that consumer and business spending are robust and that the economy did shrug off suggestions of recession. Strong performance should help gain resolution of outstanding trade war issues with China.
Your thermostat called the repairman
Nest has initiated testing of thermostat alerts that notify a homeowner when the HVAC system performs irregularly. While the thermostat can’t tell if the motor is about to go out or if someone left the back door open, it can identify changes and degradation in performance and can point the homeowner to repair technicians listed on website Handy. TechCrunch
dis-rup-shun: This is a step towards the true smart home and it is high time that devices use their connected intelligence to provide significant value. Preventing several days without AC during a Texas summer is very valuable, and getting warnings that something does not look right, including suggestions of who to call, is outstanding. Expect companies like Nest to go the next step and offer calendar options for when technicians can arrive at the home, complete with standard pricing so that with a click of a mouse or finger, service can be scheduled. Coincidentally, this is the model for how smart sensors in the home will identify changes in inhabitants’ sleep and bathroom patterns, can suggest doctors to visit, their prices, and next available appointments.
A Facebook control panel for personal data
Facebook has rolled out a tool to show you which websites are using Facebook data to serve up ads and how to easily stop sharing. Follow these steps to limit the amount of Facebook activity being fed to other sites. CNBC
Ring’s attempt at better security
Doorbell and camera maker Ring has reacted to hacks, criticisms and lawsuits by adding a security dashboard to its app. The dashboard enables users to turn on two-factor authentication, to view which apps can access the camera account, to see if passwords are set, and to opt out of giving police access to videos. The security features, according to TechCrunch, are still quite weak, despite providing the user with new controls. TechCrunch
dis-rup-shun: Despite the fact that Ring’s implementation of security measures is not industrial strength, the company should be commended for adding an easy to understand security control panel (see Facebook’s data access control panel above). Debate in the smart home market has long been that if products are highly secure, consumers will be frustrated by the more rigid account generation and sign on processes and pan the product. Data suggests this is true, yet consumers are outraged when really lazy passwords such as “12345678” are easily hacked. Making it easier for consumers to protect themselves is the right move, and very important to keep legislators and hackers at a distance, and Ring is on the right path.