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Testing the IoT Waters: 1st Steps in Creating an IoT Corporate Strategy
What if you’re interested in the Internet of Things, but are a little scared of making a major commitment and making major expenditures until you build your familiarity level and start to enjoy some tangible results?
That concern is understandable, especially when prognosticators such as I emphasize what a transformational impact the IoT will have on every […]
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 IoT Will Reinvent Replacement Parts Industry
Of all the Internet of Things’ revolutionary impacts on industry, perhaps none will be as dramatic as on replacement parts, where it will team with 3-D printing to reduce service time, inventory and costs.
I came to that realization circuitously, upon noticing Warren Buffett’s blockbuster purchase of Precision Castparts, the major precision parts supplier to the aeronautics industry. Having read last […]
The IoT Can Improve Safety and Profitability of Inherently Dangerous Job Sites
You may remember I wrote several months ago about a collaboration between SAP and SK Solutions in Dubai (interesting factoid: Dubai is home to almost 25% of the world’s cranes [assume most of the rest nest at Sand Hill, LOL], and they are increasingly huge, and that makes them difficult to choreograph.
I’m returning to the subject today, […]
Sensors remain critical to spread of Internet of Things
What happens with sensor design, cost, and security remains front-and-center with the Internet of Things, no matter how much we focus on advanced analytical tools and the growing power of mobile devices.
That’s because, on one hand, truly realizing the IoT’s full potential will require that at least some sensors get to the low-power, tiny size and […]
Remember: The IoT Is Primarily About Small Data, Not Big
In one of my fav examples of how the IoT can actually save lives, sensors on only eight preemies’ incubators at Toronto’s Hospital for Sick Children yield an eye-popping 90 million data points a day! If all 90 million data points get relayed on to the “data pool,” the docs would be drowning in data, not saving sick […]
Management Challenge: Lifeguards in the IoT Data Lake
In their Harvard Business Review November cover story, How Smart, Connected Products Are Transforming Competition, PTC CEO Jim Heppelmann and Professor Michael Porter make a critical strategic point about the Internet of Things that’s obscured by just focusing on IoT technology: “…What makes smart, connected products fundamentally different is not the internet, but the changing […]
IoT: What Can You Do That You Couldn’t? Heavy Construction
Not sure why, but I’m particularly fascinated by how the IoT can transform parts of the economy that have been around for more than 100 years, such as the way the Union Pacific uses it to reduce derailments — and worse.
One of those tradition-bound industries where the IoT Essential Truth “What Can You Do Now That […]
My #IoT predictions for 2015
I was on a live edition of “Coffee Break With Game-Changers” a few hours ago with panelists Sherryanne Meyer of Air Products and Chemicals and Sven Denecken of SAP, talking about tech projections for 2015.
Here’s what I said about my prognostications:
“I predict that 2015 will be the year that the Internet of Things penetrates consumer consciousness — because of the Apple […]
I’ll be on “Game Changer” Radio Today @ 3 EST Talking About IoT
Huzzah! I’ll be a guest on Bonnie Graham’s “Coffee Break With Game Changers” show live, today @ 3 PM to discuss the Internet of Things.
Other guests will include David Jonker, sr. director of Big Data Initiatives at SAP, and Ira Berk, vice-president of Solutions Go-to-market at SAP, who has global responsibility for the IoT infrastructure and middleware portfolio.
Among other […]
