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Servitization With IoT: Weird Biz-Speak, But Sound Strategy
I love it when manufacturers stop selling things — and their revenues soar!
That’s one of the things I’ll cover on May 2nd in”Define Your Breakout IoT” strategy, (sign-up) a webinar I’m doing with Mendix. I’ll outline an incremental approach to the IoT in which you can make some early, tentative steps (such as implementing Augury’s […]
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 […]
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 […]
My O’Reilly blog post about how the IoT will transform manufacturing
Woopiedoo! I have a post in today’s O’Reilly SOLID blog (which is, among other things, promoting their SOLID conference in SF next month) about how the Internet of Things will transform manufacturing.
In it, I emphasized the manufacturing variation on the two transformative aspects of the IoT that I think will characterize its effect on every […]
General Electric Keeps on Practicing What They Preach!
I’m beginning to sound like a schill (no, not a typo, just a bad joke: short for [Curt] Schilling, the former Red Sox pitcher — sorry, I can’t get those guys out of my head today…) for GE, but it’s hard to argue with their impressive record of walking their talk about the “Industrial Internet,” […]
Usage-based Insurance: Preview of Radical Industry Change Through IoT
Holy Clayton Christensen! Another wave of “disruptive innovation” is on its way, and this time the Internet of Things is responsible!
I’m confident that the IoT is going to bring about radical change throughout a wide range (if not all…) of vertical markets in the near future, through new realities such as giving everyone who needs […]
Automated factories: that’s not the IoT’s potential!
It’s easy to see why some people make the assumption that one of the results of the Internet of Things will be fully-automated factories.
After all, if automatic, real-time machine-2-machine data sharing would allow self-starting and self-regulating machinery, wouldn’t that allow us a utopian vision of completely autonomous manufacturing?
Instead, I think Bosch’s Volkmar Denner nailed it […]
“All of Us:” THE model for IoT privacy and security!
pardon me in advance:this will be long, but I think the topic merits it!
One of my fav bits of strategic folk wisdom (in fact, a consistent theme in my Data Dynamite book on the open data paradigm shift) is, when you face a new problem, to think of another organization that might have one similar […]
Siemens’s Mobility Services: Trains Become IoT Labs on Wheels
As those of you who know rail history understand, with Stephenson as your last name, you’re bound to have a strong interest in railroads! Add in the fact that I was associate producer of an award-winning documentary on the subject back in the early 70’s, and it’s no wonder I was hooked when I got a […]
It’s Official: Tom Friedman Anoints the IoT; Plus Jobs Issue Is Raised!
OK, the Internet of Things is officially a Big Thing: Tom “World is Flat” Friedman wrote about it in the Sunday NY Times.
Friedman, searching for evidence of American “exceptionalism” in a bleak landscape of Capitol Hill paralysis, etc. zeroed in on GE’s “Industrial Internet” initiatives as a ray of hope. As he wrote,
“I wanted to […]
