Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
APC Free White Paper
Optimize your network investment &
Enter to win a Samsung Galaxy Note

www.apc.com
Mobile Industry News
Fiercely productive scanners
Average Rating:
Rate this article:  
GE Expands Partnership with Community Inventor Quirky
GE Expands Partnership with Community Inventor Quirky

By Barry Levine
November 14, 2013 9:27AM

    Bookmark and Share
Quirky founder and CEO Ben Kaufman said in a statement that, in six months of working together [with GE], the two companies “have created a $45 million connected consumer business.” The ultimate vision, Kaufman said, is “to make the WINK platform the consumer standard adopted by all manufacturers of connected home products.”
 



GE is getting quirkier. On Wednesday, the technology and media giant announced that it is expanding its partnership with New York City-based startup Quirky to co-develop and launch 30 new connected, app-enabled home products over the next five years.

Launched in 2009, Quirky accepts product ideas from the public, utilizing a global community of over 600,000 inventors, and lets the public vote on other people’s ideas. An in-house design and engineering team works on turning the ideas into products, and then revenue is shared with the idea creator. Products developed through Quirky are available through Home Depot, Best Buy, Bed Bath & Beyond, Target and Amazon.

Quirky also has a platform, WINK, which utilizes a mobile app so that consumers can communicate with connected devices. The new GE/Quirky partnership will co-brand connected home products, expanding on a previously existing partnership that released four new products earlier this month.

Minority Equity Stake

In addition, GE is taking a minority equity stake in Quirky for $30 million plus in-kind services, as part of a Series D financing round that also includes investors Andreessen Horowitz, Norwest Venture Partners and Kleiner Perkins Caufield & Byers. The connected devices field, which is projected to become a $25 billion market, is a key driver here for GE, which will not only support the WINK platform but will develop some premium countertop appliances based on Quirky ideas.

Quirky founder and CEO Ben Kaufman said in a statement that, in six months of working together, the two companies “have created a $45 million connected consumer business.” The ultimate vision, Kaufman said, is “to make the WINK platform the consumer standard adopted by all manufacturers of connected home products.”

WINK-enabled products can be controlled by the Android or iOS app, and both companies said the platform will be open to any manufacturer of connected devices. App-enabled connected devices for the home have been enabled for home monitoring, home health, security, appliances and lighting.

The first four WINK-enabled products already released are Nimbus, Egg Minder, Pivot Power Genius and Spotter, all of which are now on sale at Home Depot and Best Buy, as well as on Quirky’s web site.

Egg Tray, Power Strip

Egg Minder is an egg tray that communicates with your app and lets you know how many eggs you have and when they’re going bad. Pivot Power Genius is a power strip that bends to fit every sized plug and adapter without letting any outlets go unused, and two outlets can be controlled from a mobile device for making sure devices are turned on or off.

Nimbus provides a personalized, four-dial dashboard that can be personalized from a mobile device to display traffic, email, weather or other data sources, and Spotter allows motion, sound, light, temperature and humidity to be monitored remotely from a mobile device.

GE SVP and chief marketing officer Beth Comstock told news media that her company has been “impressed by how Quirky opens and speeds invention and making,” and added that the partnership is “opening up our brand to more ideas and new audiences.”

Another GE/Quirky project: the Inspiration Platform. Coming in May of next year, it is designed “to return patents to their intended purpose,” according to the companies. It will make selected, searchable patents -- beginning with some seeded by GE -- available to be licensed by the Quirky inventor community for the development of new products.
 

Tell Us What You Think
Comment:

Name:



APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.


 Mobile Industry News
1.   Zebra Buys Motorola Enterprise Biz
2.   Google's Modular Phone Set for January
3.   CTIA Caves, Offers Kill Switch Plan
4.   Motorola Sells Enterprise Biz to Zebra
5.   Galaxy S5 Won't Sway iPhone Lovers


advertisement
Zebra Buys Motorola Enterprise Biz
Pays $3.45B in all-cash deal.
Average Rating:
CTIA Caves, Offers Kill Switch Plan
But leaves control up to users.
Average Rating:
Galaxy S5 Won't Sway iPhone Lovers
But Samsung's new phone is a 'winner.'
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
IBM Offers Security, Disaster Recovery as SoftLayer Service
New disaster recovery and security services for SoftLayer clients are being added by IBM. Big Blue said the new capabilities will speed cloud adoption by alleviating concern over business continuity.
 
How To Beat the Heartbleed Bug
Heartbleed headlines continue as IT admins scramble for answers no one has. Early reports of stolen personal data, including 900 social insurance numbers in Canada, are starting to trickle in.
 
After Heartbleed, OpenSSL Calls for More Support
The president of the OpenSSL Foundation says more support is needed from companies and governments that use its software so that it can better spot and fix flawed pieces of code such as Heartbleed.
 

Enterprise Hardware Spotlight
Vaio Fit 11A Battery Danger Forces Recall by Sony
Using a Sony Vaio Fit 11A laptop? It's time to send it back to Sony. In fact, Sony is encouraging people to stop using the laptop after several reports of its Panasonic battery overheating.
 
Continued Drop in Global PC Shipments Slows
Worldwide shipments of PCs fell during the first three months of the year, but the global slump in PC demand may be easing, with a considerable slowdown from last year's drops.
 
Google Glass Finds a Home in Medical Education, Practice
Google Glass may find its first markets in verticals in which hands-free access to data is a boon. Medicine is among the most prominent of those, as seen in a number of Glass experiments under way.
 

Mobile Technology Spotlight
Amazon 3D Smartphone Pics Leaked
E-commerce giant Amazon is reportedly set to launch a smartphone after years of development. Photos of the phone, which may feature a unique 3D interface, were leaked by tech pub BGR.
 
Zebra Tech Buys Motorola Enterprise for $3.45B
Weeks after Lenovo bought Motorola Mobility’s assets from Google for $2.91 million, Zebra Technologies is throwing down $3.45 billion for Motorola’s Enterprise business in an all-cash deal.
 
CTIA Caves, Volunteers Kill Switch Plan
After bucking against the concept of a smartphone kill switch, the CTIA just announced the “Smartphone Anti-Theft Voluntary Commitment” to thwart smartphone thefts in the U.S.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | Small Business | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.