Everyone is enthusiastic about the flow of insight that will be unleashed by big data and the internet of things. CEOs look forward to new strategic and competitive insights. Sales and marketing managers can’t wait for the precision they’ll see in measuring where, when, and why new product or service rollouts are succeeding. Investors are seeing new opportunities, new ideas, and innovations by the dozen.Even better, this influx of opportunity is coming at a time when the enterprise is ready. It’s becoming quickly digitalized. Clouds are rolling in from all directions, bringing IT independence to LOB (line-of-business) managers, finance managers, and all others. It’s a type of digital democratization, and it extends all the way to the analysts—now called citizen analysts—who are starting to mine some of that IoT data.Gartner was on target when, in 2015, it predicted that by 2017 most organizations’ business users and analysts “will have … [Read more...] about What if the LOB had digital democratization
internet of things
Cloud-of-things analytics has a simple, powerful appeal. It offers the opportunity to know more about your business, faster. For industries ranging from retail to manufacturing, that means better operational visibility, more responsive customer service, more automated reaction to problems, and improved preventative maintenance. That’s not to mention the potential to increase revenue by launching innovative services based on new insights or event-triggered actions.But there are challenges to moving analytics into the cloud and building a meaningful framework. Each company has different skills, capabilities, experiences, and needs when it comes to analytics. Some are highly proficient and looking to operationalize their deep learning models, while others are still introducing more contextual data sources. Here are some tips that can help companies at any stage move to the next analytics level.1. Just build the first frameThere is nothing more daunting to a writer than a blank … [Read more...] about 3 tips for getting started with cloud-of-things analytics
Internet of Things - latest statistics - 8.4 billion connected IoT devices will be in use by the end of 2017, a 31 per cent increase from last year (Gartner)- More than 6 billion devices will be embedded in our homes by 2021 (Cisco)- 85 per cent of people believe that the world is set to become a more connected place than ever before (Pew Research Center and Elon University’s Imagining the Internet Center)- The worldwide IoT market will be worth $1.7 trillion by 2020 (IDC) IoT: What’s new 14/02 - NEWS - Qualcomm boosts IoT possibilities with new edge computing services - Launch of new Wireless Edge Services software will help aid large-scale enterprise and industrial IoT rollouts...14/02 - FEATURE - Peter Martini/iboss - Hackers graduate to financial gain as motivation for IoT attacks - Securing IoT devices is a top priority for organisations looking to implement this new technology...13/02 - NEWS - Google hires former Samsung executive to head up IoT … [Read more...] about What is the IoT? Everything you need to know
Everyone’s heard of the IoT – smart thermostats, Internet-connected refrigerators, connected lightbulbs – but there’s a subset called industrial IoT that has a much more significant day-to-day impact on businesses, safety and even lives.The term IIoT refers to the Industrial Internet of Things. In broad strokes, it’s the application of instrumentation and connected sensors and other devices to machinery and vehicles in the transport, energy and industrial sectors.What that means in practice varies widely. One IIoT system could be as simple as a connected rat trap that texts home to say that it’s been activated, while another might be as complicated as a fully automated mass production line that tracks maintenance, productivity and even ordering and shipping information across a huge, multi-layered network.How the industrial internet of things is different from IoTThe industrial internet of things is also referred to as the industrial internet, a term … [Read more...] about What is the Industrial IoT? And why the stakes are so high
In 2018, disruptive technologies like artificial intelligence, natural language processing, and computer vision are maturing, going from game-changing ideas to foundational tools for business. This year, we’ll see these and other technologies drive how business gets done and what new products will launch in the near future.To get a sense of what’s ahead for this year, we looked at the technologies experts say are most likely to affect a wide variety of organizations as they undergo digital transformations. Pros in these fields gave us their top picks for what should be on your radar, as well as some insight into the implications of adopting these new technologies.Smart health techLast month, Amazon, Berkshire Hathaway and JPMorgan Chase announced a joint venture with a focus on using technology to offer their employees and their families “simplified, high-quality and transparent healthcare at a reasonable cost.” Health insurance stocks dropped on the news, as … [Read more...] about 12 technologies that will disrupt business in 2018
Every industry vertical is being impacted by digital transformation. Most of the case studies I have seen revolve around retail, healthcare and financial services where the impact is relatively easy to measure. One of the industries that is in dire need of digital technology is cruise lines.My wife and I went on a couple of cruises recently, and everything about the experience was old. For example, the photography staff did a great job of taking pictures of us as we disembarked or going out for the evening. But instead of making the pictures digitally available to view through a portal, the cruise line printed every picture and displayed the last couple of days in a rack with anything older being filed. Finding pictures could literally take hours. If you wanted the photo digitally, they would need to scan it — meaning you had to come back the next day. The whole concept of printing a digital image and re-scanning it is ludicrous but the norm with cruise lines. This causes … [Read more...] about MSC Cruises digitizes the passenger experience
You’ve no doubt heard of software as a service. Those who are deeply into IT will nod their heads in recognition when acronyms such as IaaS (infrastructure as a service) and PaaS (platform as a service) are tossed around, too. But here’s one “*aaS” you might not have heard of yet: everything as a service. And it’s the future, according to Linden Tibbets, CEO and co-founder of IFTTT.But what exactly is IFTTT? And how does it relate to the idea of everything as a service? Here’s what you need to know.What is IFTTT?IFTTT derives its name from the programming conditional statement “if this, then that.” What the company provides is a software platform that connects apps, devices and services from different developers in order to trigger one or more automations involving those apps, devices and services.Here are just three if this, then that automations you can run with IFTTT:* If you make a call on your Android phone, then a log of that call … [Read more...] about What is IFTTT? How to use If This, Then That services
Maersk and IBM today announced a joint venture to deploy a blockchain-based electronic shipping system that will digitize supply chains and track international cargo in real time.The new platform could save the global shipping industry billions of dollars a year by replacing the current EDI- and paper-based system, which can leave containers in receiving yards for weeks, according to the companies.Blockchain will enable a single view via a virtual dashboard of all goods and shipping information for all parties involved, from manufacturers and shippers to port authorities and government agencies.As an immutable, distributed ledger, blockchain technology will also improve security, according to Michael White, former president of Maersk Line in North America and CEO of the new company."With blockchain, the improvement in security is significant with the double encryption," White said. "And one of the advantages of blockchain is the immutable record and trust people can have in it. … [Read more...] about Maersk, IBM create world’s first blockchain-based, electronic shipping platform
In the digital age, attention is everything. One decade since the iPhone, the average adult American now spends almost three hours each day on their smartphone. What does Apple get out of this?Attention deficitI discussed smartphone addiction with TechNightOwl recently. This set me off thinking. What does Apple want this attention for? You see, we know Google turns attention into advertising revenue, and we know Facebook turns attention into ads and social conditioning, including the capacity (some might say) of enabling elections to be sold to those with the deepest pockets.There are lots of examples of this kind of surveillance capitalism in which the attention we give to services and devices is monetized in various ways. Apple thinks differently about this. Yes, it gathers some user data, but it uses technologies like differential privacy to reassure us that we can use its devices without sacrificing privacy. The real value of such privacy becomes increasingly apparent as we look to … [Read more...] about Why does Apple want your attention?
The reports are in from the 2018 Consumer Electronics Show, and they’re not good if you’re an Apple watcher: The days of CES being a show full of products trumpeting their connections to the App Store are over. This year, it’s all about smart assistants—and that means Alexa and the Google Assistant, not Siri. It’s bad news for Apple—or is it?I trust the trained eyes of CES observers. Both analyst Ben Bajarin and New York Times tech writer Brian Chen reported the same thing.I am, however, a little skeptical about how the story has been framed, especially in that it needs to depict a fall from grace of Apple while Google and Amazon are ascendant. That’s not quite what’s going on, but it is more dramatic to rhapsodize about the years where “Apple cast a long shadow over” CES, as Chen wrote, or how “Apple’s dominance loomed over the show,” as Bajarin wrote.Having spent many years at CES myself, I have to caution … [Read more...] about Is CES a trouble spot for Apple?