Everyone in IT loves milestones. The first…, the most…, the best…, the biggest… you name it! Innovation in general, and more specifically technology, attempt to constantly achieve new heights and surpass previous records. The IoT is the smart kid in class, the most gifted offspring of all technological fields and is destined to engulf everything technological, making Cisco’s claim true: the Internet of Everything is inching closer every day. 2016 will see an astonishing 39% more connected elements in the
76% of manufacturers will increase their use of smart devices or embedded intelligence in manufacturing processes in the next two years. 63% of manufacturers have either implemented or are planning to integrate IoT technologies into their products. 58% of manufacturers say that improving product quality is the most important objective they are pursuing by incorporating smart devices or embedding intelligence. 44% of manufacturers say that their biggest obstacle in leveraging the IoT is their company’s limited knowledge of how the IoT can improve operations and products.
A Chief IoT Officer may be next executive placement for every company going forward. The Internet of Things or IoT is growing and spreading so rapidly it is difficult for companies to stay ahead of the demand curve. At this pace, going forward most every company will have a Chief IoT officer. The problem is that today, there are very few top level candidates. This is a position most companies and executives will have to grow into. This is a great opportunity for those in senior management. This is also an
Pioneering real-time analytics specialist EveryWare will demonstrate how businesses can harness the Internet of Things to save money and improve business efficiencies at this year’s IoT Tech Expo.EveryWare identifies the inefficiencies that are costing businesses money through the use of retrofit sensors and Internet of Things technology, allowing them to resolve issues instantly and remotely, before they escalate. Managing Director Nigel Maris will be speaking at the event, taking a hypothetical look back at the rise of IoT from the year 2025.
The Internet of Things is poised to become as revolutionary as the Internet itself, but there are some major threats that must be dealt with first. J.J. Thompson, the founder of the cybersecurity firm Rook Security, spoke with the Cipher Brief about how ransomware could impact the Internet of Things and the need for industry to ensure that networked devices are secure.The Cipher Brief: Some of our readers may be unfamiliar with the Internet of Things (IoT), can you provide a brief overview of what it is?
The Internet of Things has brought a mix of excitement and confusion to field service. But through it all — the warnings, the hype, the predictions, the promises — is a consistent message for service leaders: Big changes are coming. Don’t risk getting left behind.Joe Barkai, a longtime analyst (formerly VP of research at IDC) helps companies figure out what, exactly, not “getting left behind” means. “Service has been the Rodney Dangerfield within many companies,” Barkai says. “It never got any respect.”But the IoT is helping to change that reputation. We sat down with Barkai to talk about how organizations can capitalize on the IoT excitement in service.
Only 23% of people are aware of smart meters and understand them.Claire Maugham, Director of Policy and Communications at Smart Energy GB, told ELN those householders are “loving” the technology.Smart Energy GB is the national campaign for the smart meter rollout.
The U.S. Insurance industry is the world’s largest insurance market where 6,118 companies, employing 2.5 million people, have net annual premiums of $1.1 trillion. Yet, despite its size and overall financial health, the insurance industry is likely to experience profound change driven by a fast growing and ubiquitous force – The Internet of Things (IoT).
Businesses expect The Internet of Things will improve customer experiences but that’s far from where their current IoT initiatives are today.And when it comes to how they plan to address IoT needs, most companies are looking to do it with internal resources, although fewer than four in 10 rate their level of preparedness in various phases as excellent or very good, based on a new study.The report regarding the state of Internet of Things initiatives is based on a survey of 200 business leaders conducted by TEKsystems.