Major telecom and technology companies announced a consortium...

Major telecom and technology companies announced a consortium to develop standards for the Internet of Things (IoT), said a Thursday release (http://bit.ly/P96XgL). The companies -- AT&T, Cisco, GE, IBM and Intel -- said the new group, called the Industrial Internet Consortium, will work on “establishing interoperability across various industrial environments for a more connected world.” Specifically, the consortium will develop industry use cases, develop best practices and reference architectures and organize public forums to discuss IoT issues, it said.