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Circular Company: Will Internet of Things Spark Management Revolution?

Could the IoT’s most profound impact be on management and corporate organization, not just cool devices?
I’ve written before about my still-being-refined vision of the IoT — because it (for the first time!) allows everyone who needs instant access to real-time data to do their jobs and make better decisions to share that data instantly — […]

Concurrent Engineering: Great Tool to Make IoT “Circular Company” Reality!

Simultaneously sharing real-time data and collaborating (vs. linear methods where departments work in isolation from each other and sequentially) is a major theme of my “Circular Company” vision.
At the PTC ThingWorx expo in June one of the themes was “concurrent engineering“), which could be a major tool in making the circular company a reality.  The […]

Data Is the Hub: How the IoT and Circular Economy Build Profits

Fasten your seatbelts! I think I’ve finally zeroed in on the Internet of Things’ (IoT’s) most important potential economic benefit and how it could simultaneously help us escape the growing global environmental crisis:

make real-time IoT data* the hub of a circular economy and management mentality. It’s both good for the bottom line and the planet.
I started writing about circular […]

The Future is Smart

Coming in 2018, American Management Association’s AMACOM books:
Are you ready for the IoT revolution?
The Future is Smart:
How Your Company Can Capitalize on the Internet of Things
—and Win in a Connected Economy
by
W. David Stephenson
The Internet of Things (IoT) will soon be everywhere—embedded in interconnected devices we’ll use every day.  Already, cars, appliances, and wearables transmit real-time […]

IoT: LiveBlogging PTC’s LiveWorx

Got here a little late for CEO Jim Heppelman’s keynote, so here goes!

Vuforia: digital twin gives you everything needed for merging digital “decorations” on the physical object
Unique perspective: AR takes digital back to the physical. Can understand & make better decisions.
Virtual reality would allow much of the same. Add in 3-D printing, etc.
“IoT is PLM.” Says […]

ThingWorx Analytics Video: microcosm of why IoT is so transformative!

I’ll speak at PTC’s LiveWorx lollapalooza later this month (ooh: act quickly and I can get you a $300 registration discount: use code EDUCATE300) on my IoT-based Circular Company meme, so I’ve been devouring everything I can about ThingWorx to prepare.

Came across a nifty 6:09 vid about one component of ThingWorx, its Analytics feature. It seems […]

Creating Your Incremental IoT Strategy Webinar Tomorrow!

Hope you’ll join me and Mendix  (which, BTW,  Gartner just tabbed as a platform as service [Paas] “Magic Quadrant” leader for its low-code tools for rapid app development!), for a 10 AM (EDT) webinar Tuesday the 2nd on creating incremental IoT strategies (register here).
In a way, this is an update of the e-book I wrote for […]

Surprising Benefits of Combining IoT and Blockchain (they go beyond economic ones!)

One final effort to work this blockchain obsession out of my system so I can get on to some exciting other IoT news!
I couldn’t resist summarizing for you the key points in”Blockchain: the solution for transparency in product supply chains,” a white paper from Project Provenance Ltd., a London-based collective  (“Our common goal is to […]

IoT Intangibles: Increased Customer Loyalty

There are so many direct, quantifiable benefits of the IoT, such as increased quality (that 99.9988% quality rate at Siemens’s Amberg plant!) and precision, that we may forget there are also potential intangible benefits.
Most important of those is customer loyalty, brought about by dramatic shifts both in product designs and how they are marketed.
Much of this […]

Siemens’s MindSphere: from automation to digitalization

Perhaps the most important component of a successful IoT transformation is building it on a robust platform, because that alone can let your company go beyond random IoT experiments to achieve an integrated IoT strategy that can add new components systematically and create synergistic benefits by combining the various aspects of the program.
A good starting […]