/looking-beyond-the-internet-of-things.h

  • Looking Beyond the Internet of Things
    http://www.nytimes.com/2016/01/02/technology/looking-beyond-the-internet-of-things.html

    Salesforce, which is worth $54 billion, is an underdog compared to that tiny group of tech behemoths. It lacks global data centers, but does control important data, like information about what customers are buying.

    Who will ultimately control that data, from the sensors to the cloud and back, is one of the most contentious questions in tech.

    “You’ve got Amazon knowing everything about purchasing, Google knowing everything about what people do on the Internet, and Salesforce knowing everything about the revenue side of a business,” said Scott Raney, a venture capitalist at Redpoint Ventures who invests in companies related to what Mr. Bosworth is working on.

    “Lay computer processing on all that, and it’s powerful to a point where a little creepiness sets in; no one else will have the data,” he added. “I’m buying the stock of all the companies. I just hope they’ll be benevolent dictators.”