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Google, Inc. Takes Aim at the Internet of Things, Again

The search giant is once again pushing the innovation envelope, but it may be spot on this time around.

by Tim Brugger - The Motley Fool, Jun. 30, 2015 – 

Taking potshots at Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and its bevy of far-flung innovation efforts is fairly easy. The list of failed, or at least stalled, over-the-top initiatives is a long one, beginning with Google Glass. Toss in driverless cars, nanotechnology, and those odd-looking Internet-beaming balloons as part of Project Loon, and it's no wonder some industry pundits have pointed to Google's borderline innovations as the reason for its stock's underperformance.

When Google CEO Larry Page recently announced the latest venture to invest in smart cities, called Sidewalk Labs, the groan from the Street was almost audible. Add to that the introduction of Google's new-ish Nest camera for smart homes and recent projections that suggest Google's smart-car solution, Android Auto, is poised for significant growth, and it becomes obvious Page and team have lost touch with reality.


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