DOHA: With the launch of 5G mobile network after 2018, advance ICT technologies will create infinite number of new business opportunities, especially in markets with high Internet penetration such as Qatar, United Arab Emirates (UAE) and Saudi Arabia, says an industry expert.These new business cases will come from a wide range of fields such as smart cities, e-houses, and Internet of Things (IoT), as over 50 billion devices are to be connected by 2020 worldwide.“The development of 5G mobile network is basically not about speed and technology. It’s more about enabling customers to create new areas of businesses and revenues. A new set of services, especially with regard to smart cities and IoT, which is expected to change urban lifestyle dramatically,” Danny Atme, Head of West Middle East Region, Nokia, told The Peninsula.
The tech industry is in full swing to embrace the Internet of Things (IoT) and the ways in which it could revolutionise business and our daily lives, but new research has revealed that consumers do not share the same level of excitement for smart technology.PwC surveyed over 2,000 people and found that almost three quarters of consumers have no interest in putting smart technology into their homes in the coming years. This greatly contradicts the vision of the smart home that consumer electronics companies have been peddling over the past few years in which every house will have a fridge, a coffee maker, a thermostat and a host of other devices that communicate with one another and the cloud to offer a better experience to consumers.
Envisioning and Achieving the Internet of Things Potential By 2020, the amount of Internet-connected things will reach 50 billion, with $19 trillion in new profits and cost savings coming from IoT over the next decade, according to Cisco Systems.* These IoT devices will generate a staggering amount of data and stimulate tremendous business opportunities for companies across a range of market verticals. Now is the time for organizations to position themselves for success. The 2nd Annual IoT Global Innovation Forum, June 14-16, 2016 in Barcelona, Spain, will bring together leading technology innovators, business strategists and senior executives from around the world for two days of focused networking and information sharing at the IoT cutting edge. Expert speakers will discuss the latest applications for traditional commercial processes as well as new business models and opportunities within the emerging Internet of Things ecosphere. An Executive-Focused, Cross-Stakeholder Event Through a series of in-depth presentations and interactive panel discussions, top industry executives will help attendees envision and implement the full potential of IoT in both consumer and industrial sectors, with an emphasis on the most intriguing case studies and technology innovations. If you are guiding a business in today’s technology climate, don’t miss this high-value opportunity to network with your senior peers and leverage the coming Internet of Things tidal wave.
Source: IoT Global Innovation Forum 2016
I published my first book, The End of Software, in 2004. At the time, I was president of Oracle On Demand, which served as a starting point for Oracle’s billion-dollar cloud business. In the book I discussed the fundamental economic reasons software should be delivered as a service.As an example of new startups in the field, I discussed four companies, VMware, Salesforce, NetSuite and OpenHarbor. None of them were public companies when the book was published. Salesforce was still under $86 million in revenue. While I didn’t get all four correct, three of the four have gone on to be major companies driving the second generation of enterprise software.
Allows Customers to Connect, Monitor and Control Millions of IoT Assets, Simplifying Development and Rollout of Large-Scale IoT Solutions.SIGFOX, the world’s leading provider of global communications service for the Internet of Things (IoT), today announced it will integrate the SIGFOX Cloud with Microsoft Azure IoT Hub, enabling customers to use data for real-time analytics, make better decisions across diverse business functions, and intelligently automate operations.
Rogers Communications Inc. (RCI – Analyst Report), the largest integrated telecom operator in Canada, has become the first wireless operator in the nation to offer “Internet of Things” (IoT) as a service to business enterprises. End-to-End Incident Management, Farm & Food Monitoring and Level Monitoring are the three IoT services that the wireless carrier is currently offering to its customers.
“Going off the grid” was once an expression that brought to mind hippies, survivalists and others on the fringes of society looking for a life without the intrusions of government and big business.
Today, though, advances in technology and concerns with the age and condition of the nation’s electrical production and distribution network are making it increasingly popular to avoid “the grid” through the growing use of renewable energy sources such as the sun and wind, even in government and big business.
QUALCOMM, Inc. (NASDAQ:QCOM) is taking its Internet of Things (IoT) game to the next level as it reveals big plans aimed at the world’s biggest population and economy, China. Qualcomm China chairman, Frank Meng is not someone who intends to slow down the company’s momentum amid booming semiconductor business; instead, he plans to focus on things of the future.
There’s a lot of talk today about the technology that makes up the Internet of Things (IoT). What fascinates me the most is the impact IoT can have on the way companies can drastically alter their business models to leapfrog the competition.In the past, companies kept track of their key performance indicators (KPIs) by running reports at month’s end. They would then put plans in place to make the necessary adjustments to improve upon those KPIs going forward.