IBM launches a type of data escrow in the cloud for the internet of things

Gigaom

IBM may have dithered with the wrong initial strategy when creating a business model for cloud computing, but it’s tackling the internet of things aggressively. On Wednesday it launched a new platform for building IoT-related apps. The platform is called IoT Foundation and the idea really sounds like a data escrow in the cloud where you can keep information and then ship it out to trusted parties as needed.

(I am irked at IBM for trying to co-opt IoT Foundation as a legit name for a product. It’s like calling your NoSQL data store Big Data Platform or perhaps your cloud storage product Simple Storage Service.)

The IoT Foundation product is part of IBM’s Bluemix platform as a service, which in turn runs on IBM’s SoftLayer cloud computing platform. For those not versed in cloud architecture, the Bluemix platform is IBM’s developer-friendly cloud comparing to Amazon’s Web Services. And think…

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