Numerous tech giants have unveiled a new Internet of Things consortium

A handful of tech giants including Intel, Samsung, Broadcom, and more yesterday unveiled a new Internet of Things consortium with an aim to create standards for the next generation of connected electronic devices. Dubbed the Open Interconnect Consortium, the group is planning on coming out with the first set of specifications later this year. The consortium will initially focus on establishing standards around connectivity, discovery and authentication of devices, as well as data-gathering instruments in smart homes, consumer electronics and enterprises. Later on, the group will target other areas like automotive and healthcare. The OIC will also certify devices compliant with its standards. All the code contributed by the OIC companies will be open source, allowing developers to write common software stacks for communications and notifications across devices. Other members of the group include Dell, Atmel Corporation, and Wind River.