This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Why BlackBerry Is Failing

NEW YORK ( TheStreet) -- A decade ago, in the wake of the dot-bomb, I was looking for something to write about when I came upon what's now called the Internet of Things.

The promise was enormous. Single-chip computers can add intelligence to everyday objects, connected via wireless links to the enormous promise of the Internet.

Your yogurt could tell you when it was turning, your garden could be watered on its own schedule, and your doctor might find out about your imminent heart attack before it came upon you -- a real killer app.

I spoke on all this in 2004 at Stanford, a conference on the future, opposite novelist David Brin, who drew an enormous crowd against my unhappy few. So I shelved the idea and went on to other things, things that were actually happening, like open source.

So it was with some surprise at Wednesday's BlackBerry (BBRY RIMM) event that I heard CEO Thorsten Heins say he wanted the BlackBerry 10 to become the center of the "Internet of Things," as the CBC report on the event noted.

What was he talking about? Turned out it was something his senior vice president, Sebastian Marineau-Mes, discussed at length during last September's Mobilize conference, covered by GigaOm.

The way to having your car, your air conditioner and your heart under intelligent remote control is "curated openness," he said, cross-industry standards managed through an independent authority. Apple's (AAPL - Get Report) iOS is too closed, he said, and Google (GOOG - Get Report) Android too open.

He might have added that BlackBerry's QNX is already used in 60% of cars, as reported last year .

Qualcomm (QCOM - Get Report) and AT&T (T - Get Report) are both anxious to get this moving, and have jointly created a platform called Internet of Everything, aimed at cutting the time to market for applications, and supporting a version of Java, ReadWriteMobile reports. A standard called the Constrained Application Protocol, or CoAP, has been proposed , helped by a working group of the Internet Engineering Task Force.

The problem, as Marineau-Mes noted in September, is that industries that might benefit from all this still work in silos, sometimes deliberately. There's a desire for both absolute security and absolute privacy, neither of which exists in open standards, as KlocTalk recently noted.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
GOOG $693.01 0.00%
QCOM $50.52 0.00%
T $38.82 0.00%
FB $117.58 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs