Whirlpool, a huge company with 69,000 employees and $19 billion in sales, is borrowing startup strategies as it builds its Internet of Things capabilities--and IT is intimately involved. The appliance maker has put employees from various functions, including marketing, product development, finance, procurement and IT, into what it calls a Connectivity Team to work collaboratively in one physical space.
You may recall how the last tech bubble 15 years ago resulted in staggering market losses, numerous failed start-ups and increasing IT unemployment. Less noticed was the bubble's eerie correlation to undergraduate enrollments in computer science.
Plans by smart thermostat maker Nest Labs to share some customer data with corporate parent Google means the search engine giant will be fending off privacy concerns as it expands into home automation.