2011 in Review
CES always marks a point of reflection for me – a time to look back at the prior year and see how we measured up. It was at CES 2008 that we officially launched Bug Labs and won the CNET “Best of Show Award for Emerging Technology”. It was a heady week. It’s hard to beat that performance. But it’s always fun to go back.
When I look back over 2011 and review our accomplishments, I feel good about how far we’ve come. We felt the sky was the limit four years ago and we still feel that way. Open source hardware and the Eric von Hippel’s concept of “democratizing innovation” have become much more mainstream. Joi Ito recently said as much in an interview. We’re proud of our participation in these movements and look forward to continuing to actively contribute.
2011 had some very memorable achievements. As a company, our revenues again grew 100% year over year. We added a host of new customers and struck some important partnerships (Arrow, Pitney Bowes). We were invited to display our unique modular hardware designs in the MoMA’s “Talk to Me” exhibit, which was a particular thrill for me personally. We hosted the 2nd Annual Open Hardware Summit in Queens to another sell out crowd. As a car lover, the announcement that we signed a Joint Development Agreement with Ford Motor Company to start building an open source hardware and software-based automotive platform was a dream come true. Lastly, we formally announced BUGswarm, our new cloud-based IoT application platform, and launched our official Developer Preview. Great stuff.
I believe 2012 will be a great year for us. In addition to some very cool projects that we’ll soon be talking about publicly, we have a bunch of other announcements coming up so stay tuned! Looks like we’ll be very busy 
