The internet of medical things, spurred by the advent of wearable sensors, has dramatic consequences in industry, healthcare, and analytics, just as the advent of the internet of things and analytics has consequences in education. When I began my internship at SAS in May, I knew little about the internet of
It’s nearly impossible to avoid the debate. From politicians and pundit commentary, to dinner table discussions across the United States, the hot topic for the last several years has been the rising cost of health care. Consider that health care expenditures in the US were $3 trillion in 2014 and are
Yesterday I opened up the Wall Street Journal and found the usual mix of ads from major technology vendors touting their IoT (Internet of Things) prowess, and claiming they all have the secret sauce to make all of our IoT dreams come true. Where do I sign up?! Meanwhile, back
It's the age of big data and the internet of things (IoT), but how will that change things for insurance companies? Do insurers still need to consider classic data warehouse concepts based on a relational data model? Or will all relevant data be stored in big data structures and thus
You could say we've been working toward the internet of things (IoT) since computers were first invented. Look at how airplanes have changed from flying by wire to now, quite literally, flying by IoT (or connected plane). The connected car is another example of how big data analytics is the
Applying analytics to IoT data provides opportunities for cities to use information from sensors, citizens and connected infrastructure in unprecedented ways.
The Internet of Things (or IoT, as some like to call it) holds a number of benefits for many organizations: revenue growth, smarter decision making and efficiency. Experts are predicting anywhere from 20 to 50 billion devices will be connected to the internet by 2020. That’s almost here! Are you
Design thinking is, broadly speaking, allowing user experience, or even users, to drive design. It’s a profoundly human-centered process, with commentators using words like ‘collaborate’, ‘experience’, and even ‘empathy’ in their descriptions. Steve Jobs is said to have used it in creating the iPod and iPhone, because it brings together
We all find change easier when it starts with something we’re familiar with. That’s why I think sports analytics examples are popular – most of us are sports fans, so we get it more easily. It’s also why automotive examples that illustrate the potential reach of the Internet of Things
Under-utilized technology creates a drag on an organization. The ability to get more out of the tools you already use can increase the value of an existing investment, and that value grows as processes become more efficient and decisions are based on firmer foundations. Consider the facilities engineer at an
It’s clear from the minute you step into Accenture’s Digital Innovation Center (Future Camp) in Kronberg, Germany, that you're stepping into the future of innovation. The writing is literally on the walls, and everything you need to inspire big ideas – from brightly colored furniture to racks and racks of gadgets
Data scientists are familiar with prototyping - we do this as part of a well-understood process to arrive at the optimum solution. But prototyping is more than about perfecting the math; it should also be about testing interpretability of the results. This need comes into stark prominence when you start
Over the last ten years, utilities around the world have have invested billions of dollars in the Internet of Things (IoT). Better known as smart grid and smart meter initiatives, this massive intelligent infrastructure is moving utilities into a future that’s beginning to look radically different from the century-old business model
Some estimates suggest that the number of connected objects will be more than 50 billion by 2020. Each of us will own between six and 10 connected objects. But what exactly is the Internet of Things (IoT)? Wikipedia describes it as “the network of physical objects — devices, vehicles, buildings
“Good afternoon, Mr. Yakamoto. How did you like that three-pack of tank tops you bought last time you were in?” Washington D.C. Year 2054. Chief of PreCrime John Anderton is running from the law for a crime he has not committed yet. After a risky eye transplant in order to
“And the weather yesterday was a sunny 18oC with warm spells in the south and showers in the north. This is similar to the pattern we saw last Thursday.” Imagine if the weather forecast only restated what happened in the past -- would we bother waiting until the end of
The numbers are daunting. More than 40 million Americans have their identities stolen each year. Credit card companies lose more than $200 billion annually due to fraud. Cybercrime-related losses exceed $3 million per claim for large companies. If you’re like me, those stats are enough to give pause. To fuel the concern,
The buzz about the Internet of Things (IoT) combined with the insights derived from analytics appears to be hotter than ever. What's interesting to me is how many people go about their lives without knowing what the IoT is and how they're already benefitting from it (or how their jobs
I've spent much of my career managing the quality of data after it was moved from its sources to a central location, such as an enterprise data warehouse. Nowadays not only do we have a lot more data – but a lot of it is in motion. One of the
Research indicates that IoT and Machine Learning are more valuable to utilities when used in combination but there are hurdles to overcome first. Machine learning and IoT will enable utilities to better realize the next generation of the power grid: a distributed system with power flows among millions of things
We had just completed a four-week data quality assessment of an inside plant installation. It wasn't looking good. There were huge gaps in the data, particularly when we cross-referenced systems together. In theory, each system was meant to hold identical information of the plant equipment. But when we consolidated the
.@philsimon says that it's never too early to think about the IoT and data management.
The expletive leapt from the lips of the orthopedic surgeon as he entered my hospital room. He was swathed in a green gown, purple gloves, and a white surgical mask – for his protection, not mine. He was clearly upset. “What, exactly, does $#@! mean?” I asked. “It means you’re
In my last post we started to look at two different Internet of Things (IoT) paradigms. The first only involved streaming automatically generated data from machines (such as sensor data). The second combined human-generated and machine-generated data, such as social media updates that are automatically augmented with geo-tag data by
When something comes between you and your customers – like not having product in-stock or providing offers that aren't relevant to the customer – it causes delays and makes it harder to complete transactions in a satisfying way. But, an inexpensive sensor, beacon or Radio Frequency Identification (RFID) tag placed
The concept of the internet of things (IoT) is used broadly to cover any organization of communication devices and methods, messages streaming from the device pool, data collected at a centralized point, and analysis used to exploit the combined data for business value. But this description hides the richness of
The digital revolution has affected all aspects of business, including supply chains. The Internet of Things (IoT), with its network of devices embedded with sensors is now connecting the consumer to the factory. Technologies such as RFID, GPS, event stream processing (ESP) and analytics are combining to help companies to transform their existing
Some people think motorcycle racing is a sport for thrill seekers and adrenaline junkies. So you might be surprised to hear that after many years of racing, I’ve found it to be a contemplative activity more related to precision and prediction than reckless abandon. In motorcycle racing, the driver has
In 2012, the value of big data equity in the UK was estimated at £12 billion a year or 0.7 percent of the annual Gross Domestic Product (GDP). Four years flew by and the second report by the Centre for Economics and Business Research (Cebr) puts the opportunity at £46
Companies in nearly every industry – from retailers and manufacturers to commercial airlines and health care providers – are all waking up to the opportunities in the Internet of Things. If you're still trying to understand how analyzing IoT data could benefit your business, read a few of the articles
