As the Internet of Things (IoT) has gained popular attention in the five years since we first published on the topic,1 it has also beguiled executives. When physical assets equipped with sensors give an information system the ability to capture, communicate, and process data—and even, in a sense, to collaborate—they create game-changing opportunities: production efficiency, distribution, and innovation all stand to benefit immensely. While the consumer’s adoption of fitness bands and connected household appliances might generate more media buzz, the potential for business usage is much greater. Research from the McKinsey Global Institute suggests that the operational efficiencies and greater market reach IoT affords will create substantial value in many industries. (For more, see the video “What’s the one piece of advice for a business leader interested in the Internet of Things?” And to see how experts believe the Internet of Things will evolve, see “The Internet of Things: Five critical questions.”)
There are many implications for senior leaders across this horizon of change. In what follows, we identify three sets of opportunities: expanding pools of value in global B2B markets, new levers of operational excellence, and possibilities for innovative business models. In parallel, executives will need to deal with three sets of challenges: organizational misalignment, technological interoperability and analytics hurdles, and heightened cybersecurity risks.
Opportunities beckon . . .
IoT’s impact is already extending beyond its early, most visible applications. A much greater potential remains to be tapped.
Read the feature article
Showing posts with label IOT. Show all posts
Showing posts with label IOT. Show all posts
Wednesday, 3 February 2016
Friday, 29 January 2016
Public Key Infrastructure (PKI) Buyers Guide
With an ecosystem that is continually evolving, the demands of the security infrastructure of any organisation is being stretched.
Likewise, with the Internet of Things being a huge growth area, governments and commercial organisations must be able to deploy a toolset capable of meeting such requirements today, and be looking at vendors to grow products which have a roadmap that is tracking these requirements, to provide good solid support in the future.
This document will assist your organisations in the selection of the best PKI solution to meet their business and security needs. It outlines key questions to be considered during the selection process to ensure the aforementioned requirements are addressed. While this is not intended to be an exhaustive list, it serves as a starting place to assist you in your review process.
Download the buyer's guide
Likewise, with the Internet of Things being a huge growth area, governments and commercial organisations must be able to deploy a toolset capable of meeting such requirements today, and be looking at vendors to grow products which have a roadmap that is tracking these requirements, to provide good solid support in the future.
This document will assist your organisations in the selection of the best PKI solution to meet their business and security needs. It outlines key questions to be considered during the selection process to ensure the aforementioned requirements are addressed. While this is not intended to be an exhaustive list, it serves as a starting place to assist you in your review process.
Download the buyer's guide
Thursday, 28 January 2016
Digital Oilfields: Redefining Pipeline Operations
While oil and gas pipeline operators are investing heavily in new technologies for better control, inspection and maintenance of assets, an increasing number of devices are linked to the industrial internet, the global network connecting people, data and machines. These trends foreshadow the future for the pipeline industry.
Read the full findings and analysys
Read the full findings and analysys
Wednesday, 20 January 2016
Why Countries Need National Strategies for the Internet of Things
Just as the public sector was instrumental in enabling the development and deployment of the Internet, it must play a similar role to ensure the success of the Internet of Things.
The Internet of Things offers many opportunities to grow the economy and improve quality of life. Just as the public sector was instrumental in enabling the development and deployment of the Internet, it must play a similar role to ensure the success of the Internet of Things. ITIF's Center for Data Innovation insists that national governments should create comprehensive national strategies for the Internet of Things to ensure that the technology develops cohesively and rapidly, that consumers and businesses do not face barriers to adoption, and that both the private and public sector take full advantage of the coming wave of smart devices.
A national strategy for the Internet of Things, if designed and implemented correctly, would maximize the opportunity for the Internet of Things to deliver substantial social and economic benefits
Download the Report
The Internet of Things offers many opportunities to grow the economy and improve quality of life. Just as the public sector was instrumental in enabling the development and deployment of the Internet, it must play a similar role to ensure the success of the Internet of Things. ITIF's Center for Data Innovation insists that national governments should create comprehensive national strategies for the Internet of Things to ensure that the technology develops cohesively and rapidly, that consumers and businesses do not face barriers to adoption, and that both the private and public sector take full advantage of the coming wave of smart devices.
A national strategy for the Internet of Things, if designed and implemented correctly, would maximize the opportunity for the Internet of Things to deliver substantial social and economic benefits
Download the Report
Tuesday, 19 January 2016
Internet of Things: A Survey on Enabling Technologies, Protocols, and Applications
This paper provides an overview of the Internet of
Things (IoT) with emphasis on enabling technologies, protocols,
and application issues. The IoT is enabled by the latest developments
in RFID, smart sensors, communication technologies, and
Internet protocols.
The basic premise is to have smart sensors collaborate directly without human involvement to deliver a new class of applications. The current revolution in Internet, mobile, and machine-to-machine (M2M) technologies can be seen as the first phase of the IoT. In the coming years, the IoT is expected to bridge diverse technologies to enable new applications by connecting physical objects together in support of intelligent decision making.
This paper starts by providing a horizontal overview of the IoT. Then, we give an overview of some technical details that pertain to the IoT enabling technologies, protocols, and applications. Compared to other survey papers in the field, our objective is to provide a more thorough summary of the most relevant protocols and application issues to enable researchers and application developers to get up to speed quickly on how the different protocols fit together to deliver desired functionalities without having to go through RFCs and the standards specifications.
We also provide an overview of some of the key IoT challenges presented in the recent literature and provide a summary of related research work. Moreover, we explore the relation between the IoT and other emerging technologies including big data analytics and cloud and fog computing.
We also present the need for better horizontal integration among IoT services. Finally, we present detailed service use-cases to illustrate how the different protocols presented in the paper fit together to deliver desired IoT services.
Download the Full paper
The basic premise is to have smart sensors collaborate directly without human involvement to deliver a new class of applications. The current revolution in Internet, mobile, and machine-to-machine (M2M) technologies can be seen as the first phase of the IoT. In the coming years, the IoT is expected to bridge diverse technologies to enable new applications by connecting physical objects together in support of intelligent decision making.
This paper starts by providing a horizontal overview of the IoT. Then, we give an overview of some technical details that pertain to the IoT enabling technologies, protocols, and applications. Compared to other survey papers in the field, our objective is to provide a more thorough summary of the most relevant protocols and application issues to enable researchers and application developers to get up to speed quickly on how the different protocols fit together to deliver desired functionalities without having to go through RFCs and the standards specifications.
We also provide an overview of some of the key IoT challenges presented in the recent literature and provide a summary of related research work. Moreover, we explore the relation between the IoT and other emerging technologies including big data analytics and cloud and fog computing.
We also present the need for better horizontal integration among IoT services. Finally, we present detailed service use-cases to illustrate how the different protocols presented in the paper fit together to deliver desired IoT services.
Download the Full paper
From AI To Robotics, 2016 Will Be The Year When The Machines Start Taking Over
For the past century, the price and performance of computing has been on an exponential curve. And, as futurist Ray Kurzweil observed, once any technology becomes an information technology, its development follows the same curve, so we are seeing exponential advances in technologies such as sensors, networks, artificial intelligence, and robotics. The convergence of these technologies is making amazing things possible.
2015 was the tipping point in the global adoption of the Internet, digital medical devices, blockchain, gene editing, drones, and solar energy. 2016 will be the beginning of an even bigger revolution, one that will change the way we live, let us visit new worlds, and lead us into a jobless future. Yes, with every good there is a bad; wonderful things will become possible, but with them we will also create new problems for mankind.
Here are six of the technologies that will make this happen, and the good they will do.
2015 was the tipping point in the global adoption of the Internet, digital medical devices, blockchain, gene editing, drones, and solar energy. 2016 will be the beginning of an even bigger revolution, one that will change the way we live, let us visit new worlds, and lead us into a jobless future. Yes, with every good there is a bad; wonderful things will become possible, but with them we will also create new problems for mankind.
Here are six of the technologies that will make this happen, and the good they will do.
- Artificial Intelligence
- Robots
- Self Driving Cars
- Virtual reality and holodecks
- Internet of Things
- Space
Tuesday, 24 March 2015
Internet of Things (IoT): 7 steps for success
The Internet of Things (IoT) offers tantalising and practical opportunities for a better world, according to panellists at the recent Social Media Week in Bangalore. With the theme ‘Reimagining Human Connectivity,’ the five-day event featured speakers on a range of topics: mobile social media, digital marketing, political impacts, online news, Internet business models, storytelling formats, startup opportunities, brand positioning and predictive analytics.
Full Post
Full Post
Tuesday, 13 January 2015
IoT groups are like an orchestra tuning up: The music starts in 2016
If the Internet of Things didn't quite proliferate in 2014, at least IoT industry groups and standards bodies did.
At least five efforts at bringing order to IoT began in 2014, and another that launched in late 2013 found its legs this year. That caused some confusion in an industry that was vast and multifaceted already. Unfortunately, all those groups will probably be here a year from now, too -- maybe even more of them.
IoT involves linking devices that in many cases have never been connected before, or at least not on anything but a closed, specialized network. It also involves managing those objects and developing applications to make them do things together that they could never do alone. So products from different vendors eventually will have to speak the same language, at some level.
If they can't, then products for connected homes, cities and factories won't ship in the largest possible numbers, which they will need to do if prices are to plummet like they have for PCs, smartphones and other products over the years. That's especially important for consumer IoT, where cost is paramount.
So vendors are eager to build some momentum behind technologies that are already starting to roll out. They don't want to wait for formal standards bodies to build the equivalent of the IEEE 802.11 family of specifications that powers the vast Wi-Fi industry, said analyst Patrick Moorhead of Moor Insights & Strategy. Until formal IoT standards are finished, probably in 2017, companies are banding together to form de facto standards, he said.
Not all the organizations that have formed in the past year are actually writing specifications of their own. Some want to foster harmony among the ones that are already taking shape. But despite pledges all around of working for the good of the industry, there are some groups whose efforts overlap.
Here, in no particular order, are some of the big names at play:
AllSeen Alliance
Open Interconnect Consortium
Thread Group
Industrial Internet Consortium
IEEE P2413Read the Full Post
At least five efforts at bringing order to IoT began in 2014, and another that launched in late 2013 found its legs this year. That caused some confusion in an industry that was vast and multifaceted already. Unfortunately, all those groups will probably be here a year from now, too -- maybe even more of them.
IoT involves linking devices that in many cases have never been connected before, or at least not on anything but a closed, specialized network. It also involves managing those objects and developing applications to make them do things together that they could never do alone. So products from different vendors eventually will have to speak the same language, at some level.
If they can't, then products for connected homes, cities and factories won't ship in the largest possible numbers, which they will need to do if prices are to plummet like they have for PCs, smartphones and other products over the years. That's especially important for consumer IoT, where cost is paramount.
So vendors are eager to build some momentum behind technologies that are already starting to roll out. They don't want to wait for formal standards bodies to build the equivalent of the IEEE 802.11 family of specifications that powers the vast Wi-Fi industry, said analyst Patrick Moorhead of Moor Insights & Strategy. Until formal IoT standards are finished, probably in 2017, companies are banding together to form de facto standards, he said.
Not all the organizations that have formed in the past year are actually writing specifications of their own. Some want to foster harmony among the ones that are already taking shape. But despite pledges all around of working for the good of the industry, there are some groups whose efforts overlap.
Here, in no particular order, are some of the big names at play:
AllSeen Alliance
Open Interconnect Consortium
Thread Group
Industrial Internet Consortium
IEEE P2413Read the Full Post
Tuesday, 23 December 2014
A Strategist’s Guide to the Internet of Things
The digital interconnection of billions of devices is today’s most dynamic business opportunity.
Post by Frank Burkitt
Humanity has arrived at a critical threshold in the evolution of computing. By 2020, an estimated 50 billion devices around the globe will be connected to the Internet. Perhaps a third of them will be computers, smartphones, tablets, and TVs. The remaining two-thirds will be other kinds of “things”: sensors, actuators, and newly invented intelligent devices that monitor, control, analyze, and optimize our world.
This seemingly sudden trend has been decades in the making, but is just now hitting a tipping point. The arrival of the “Internet of Things” (IoT) represents a transformative shift for the economy, similar to the introduction of the PC itself. It incorporates other major technology industry trends such as cloud computing, data analytics, and mobile communications, but goes beyond them. Unlike earlier efforts to track and control large systems, such as radio-frequency identification (RFID), the Internet connection gives this shift almost limitless versatility. The IoT also opens a range of new business opportunities for a variety of players. These opportunities tend to fall into three broad strategic categories, each reflecting a different type of enterprise:
“Enablers” that develop and implement the underlying technology
“Engagers” that design, create, integrate, and deliver IoT services to customers
“Enhancers” that devise their own value-added services, on top of the services provided by Engagers, that are unique to the Internet of Things
How will your company build value in this new world? That will depend on the type of business you have today, the capabilities you can develop for tomorrow, and, most of all, your ability to understand the meaning of this new technology.
Full Post
Post by Frank Burkitt
Humanity has arrived at a critical threshold in the evolution of computing. By 2020, an estimated 50 billion devices around the globe will be connected to the Internet. Perhaps a third of them will be computers, smartphones, tablets, and TVs. The remaining two-thirds will be other kinds of “things”: sensors, actuators, and newly invented intelligent devices that monitor, control, analyze, and optimize our world.
This seemingly sudden trend has been decades in the making, but is just now hitting a tipping point. The arrival of the “Internet of Things” (IoT) represents a transformative shift for the economy, similar to the introduction of the PC itself. It incorporates other major technology industry trends such as cloud computing, data analytics, and mobile communications, but goes beyond them. Unlike earlier efforts to track and control large systems, such as radio-frequency identification (RFID), the Internet connection gives this shift almost limitless versatility. The IoT also opens a range of new business opportunities for a variety of players. These opportunities tend to fall into three broad strategic categories, each reflecting a different type of enterprise:
“Enablers” that develop and implement the underlying technology
“Engagers” that design, create, integrate, and deliver IoT services to customers
“Enhancers” that devise their own value-added services, on top of the services provided by Engagers, that are unique to the Internet of Things
How will your company build value in this new world? That will depend on the type of business you have today, the capabilities you can develop for tomorrow, and, most of all, your ability to understand the meaning of this new technology.
Full Post
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