Of course it makes sense for the LittleFuse company to participate in standards development. Not only do they have quite a bit of experience in the field, but since they are mainly a producer of circuit protection devices, it is certainly to their advantage to help prevent any really dumb requirements, typically driven by emotions rather than any data, which some may choose to present. It is seldom useful to have the emotionally driven ideas from the technically ignorant entering into engineering decisions. We have a few examples of that mode already.
I agree with the point about fledgling engineering teams at startup companies. Exposure to other more experienced, cross-functional members on standards committees can rapidly develop new engineers and also help reduce the 'hard and expensive' lessons of going back to the design drawing board when simple mistakes were not avoided.
Using wireless chips and accessories, engineers can now extract data from the unlikeliest of places -- pumps, motors, bridges, conveyors, refineries, cooling towers, parking garages, down-hole drills and just about anything else that can benefit from monitoring.
With strong marketplace demand for qualified engineers across the board that currently outstrips the available supply, there may never be a better time for engineers and project managers to advance their careers and salaries. Whether those moves are successful in the short-term and long-term is likely to depend on how the transition from one job to the next is handled.
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