Many developers are chomping at the bit to become experts at current breakthrough technologies in sensors, embedded systems, mesh networking protocols, big data analytics—all the elements of what’s popularly known as the Internet of Things (IoT). Many CxO-level executives are also interested in the IoT and how they can broaden their grasp of its potential. But if you’re a developer trying to get corporate buy-in for an IoT project, you need to understand that the pitch is somewhat different from one for a
PTC has experienced a busy year with the Internet of Things (IoT). Only seven months ago they invested at least half a billion dollars into integrating third-party software and big data analytics for IoT.Now, that investment has grown to about $750 million dollars thanks to their ongoing acquisition efforts. The latest IoT companies added to the PTC family appear to be the augmented reality software company Qualcomm and industrial automation software company Kepware.
The lines between between industries as well as non-tech and tech companies continue to get blurrier and blurrier. With the ubiquity of cloud and big data, with the Internet of Things (IoT) becoming a hot commodity interwoven through it all, M&A activity has been buzzing nonstop. Companies with digital disruption stories — particularly IoT, big data analytics and cloud or Software as a Service — were the stars of the most recent quarter.In the process, non-tech companies continued to get involved in tech in a deeper way. At the same time, tech providers were shifting away from products to end-to-end services. That’s the finding of EY’s latest review of global M&A activity. Overall, the consultancy tracked a total of 1,069 deals in the third quarter of 2015 (July-September). The amount of deals set the second-highest all-time record for any quarter since 2000. The data is based on EY’s analysis of The 451 Group M&A KnowledgeBase data for 2014 and 2015.
The Internet of Things offers access to data for better decision making. That’s why an increasing number of manufacturers are adopting IoT technologies to remain competitive.
The Internet of Things is one of the most buzzed-about areas in technology, and, increasingly, the industrial sector is joining the ranks of those turning to IoT technologies and data analytics to streamline processes and become more competitive.
Over the past few years, we’ve seen grid and IT technology vendors change their approach to the utility data analytics market. Broad terms like “big data” have dropped out of vogue — perhaps because utilities aren’t really dealing with data on the global internet scale encompassed by that term.Data analytics that can cut unnecessary costs and discover untapped revenue opportunities for the people who actually do the work and make the decisions at utilities, on the other hand, can be a valuable commodity. The software that does this tends to go by names like “operational insight” or “situational intelligence” — or, in the case of Silver Spring Networks’ new platform announced Wednesday, “Operations Optimization.”
GE announced at its Minds & Machines conference in San Francisco today that its Predix machine data analytics will be available to all comers at the end of the year. It has been available so far only for GE’s own internal use and select GE customers.
We find ourselves at a seminal moment in the evolution of information technology: The stuff around us, even attached physically to us, is getting its own brain, and voice. Thanks to the ever-steady progression of Moore’s Law, as applied not only to microprocessor power but also to memory, storage and bandwidth — specifically, wireless bandwidth — plus other key commercial factors, we’re seeing almost anything and everything now capable of telling its own story. Generally, this is being lumped together as the Internet of Things (IoT), and we’re clearly in love with it. Couple it with cloud computing, big data analytics and a few other already ubiquitous buzzwords, and you’re able to imagine the day when your healthcare provider conspires with your refrigerator and treadmill to adjust insurance premiums based upon your lifestyle. And don’t forget the coming of self-driving cars, all the rage.
A new app that can reportedly cut household energy use by 10% is being rolled out to 200,000 Swedish homes.The Energy Tree app analyses data from the smart power grid to discover households’ energy trends and encourages users to consume less energy through personalised feedback and guidance.“The Energy Tree combines behavioural science and gamification with data analytics to engage and motivate households,” said a statement from the app developers Greenely.
Application of big data analytics is showing exceptional results for enterprises by allowing them to uncover new insights to develop new services, increase competitiveness, and optimize their operational efficiency. Turning an eye outside of the enterprise though, there are number of mounting problems that exist today in large urban areas that will continue to grow as more than 2/3 of the world’s population will live in cities by mid-century. Could data analytics improve the quality of health-care through m
The business opportunities presented by the Internet of Things (IoT) are generating a lot of excitement in the IT community, and rightly so. Innovative devices and embedded smart capabilities can transform the customer experience, enhance functionality, improve product maintenance, and create new business propositions such as subscription models or new forms of data analytics.
However, the IoT presents important new security and privacy challenges. Security researchers and the media have recently been having a field day identifying IoT security weaknesses – not just in the lab, but in devices that are in widespread use.