IBM launches a type of data escrow in the cloud for the internet of things

Grazed from GigaOM. Author: Stacey Higginbotham.

IBM may have dithered with the wrong initial strategy when creating a business model for cloud computing, but it’s tackling the internet of things aggressively. On Wednesday it launched a new platform for building IoT-related apps. The platform is called IoT Foundation and the idea really sounds like a data escrow in the cloud where you can keep information and then ship it out to trusted parties as needed.

(I am irked at IBM for trying to co-opt IoT Foundation as a legit name for a product. It’s like calling your NoSQL data store Big Data Platform or perhaps your cloud storage product Simple Storage Service.) The IoT Foundation product is part of IBM’s Bluemix platform as a service, which in turn runs on IBM’s SoftLayer cloud computing platform…

For those not versed in cloud architecture, the Bluemix platform is IBM’s developer-friendly cloud comparing to Amazon’s Web Services. And think of the IoT Foundation as essentially a service to send device data and then later access that data for use in other business applications…

Read more from the source @ https://gigaom.com/2014/10/15/ibm-launches-a-type-of-data-escrow-in-the-cloud-for-the-internet-of-things/