A degree of precision in every aspect of the economy impossible before the IoT is one of my fav memes, in part because it should encourage companies that have held back from IoT strategies to get involved now (because they can realize immediate benefits in lower operating costs, greater efficiency, etc.), and because it brings with […]
In the space of an hour today I heard a horrifying show on On Point about how the planet is going to hell in a handbasket, then had a very inspiring lunch with Michael Woody of American Dragon, which shows businesses how to bring manufacturing jobs back to the US through a formula of Fewer, Faster, […]
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 […]
“What can you do now that you couldn’t do before?”
That’s a question from my friend and patron Eric Bonabeau that I’ve raised before with regard to the IoT, and it’s a worthwhile counter-weight to focusing on the steady increases in operating efficiency that incremental IoT strategies can bring about (a not-t0o-subtle plug for the webinar […]
The more I learn about blockchain’s possible uses — this time for supply chains — the more convinced I am that it is absolutely essential to full development of the IoT’s potential.
I recently raved about blockchain’s potential to perhaps solve the IoT’s growing security and privacy challenges. Since then, I’ve discovered that it can also […]
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 […]
I’ve been fixated recently on venerable manufacturing firms such as 169-yr. old Siemens making the IoT switch. Time to switch focus, and look at one of my fav pure-play IoT firms, Libelium. I think Libelium proves that smart IoT firms must, above all, remain nimble and flexible, by three interdependent strategies:
avoiding picking winners among communications protocols […]
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 […]
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 […]
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 — […]