Rob, I am currently living it. Actually, my wife is. He friend's husband has a running shoe store. We were all out together recently and I was the only one who was not waring a watch like device that tracked their physical activity. It was wierd.
I also noticed that Freescale has a Cloud Connect product for the smallest ARM microcontroller, the M0+. With this, assuming you have connectivity, your device can connect to the cloud and report data.
Rob, the comment, "He sees LED developments in industrial settings, but he also see the development of artistic LED lighting for consumers, including the introduction of color lighting for the home" is not as far away as one might think:
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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