Stay up on IoT trends, business opportunities and the future of streaming data
.@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
Streaming analytics is a red hot topic in many industries. As the Internet of Things continues to grow, the ability to process and analyze data from new sources like sensors, mobile phones, and web clickstreams will set you apart from your competition. Event stream processing is a popular way to
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
In a recent blog I wrote about how big data is a game changer for the insurance industry. But the question that is often asked “What is big data”? Many people associate big data with the 4 V’s: Volume – The sheer size of data that is produced. Velocity –
In transportation, when an asset is standing still, it is losing money. The same can be said for your business strategy: when you are standing still, you are not innovating or taking advantage of new ways to enhance efficiency or drive profitability. This is true in all industries. In the
Das Internet der Dinge (IoT-Internet of things) ist derzeit das Hype-Thema der IT-Branche. Angefacht durch Miniaturisierung und Kostendegression bei Sensoren (z.B. MEMS), Connectivity (Funksender – und Empfänger) und immer mehr Rechenleistung (in-memory-computing) der Computer-Hardware können Unternehmen Services anbieten, die so vor 10 und mehr Jahren undenkbar gewesen wären.
I recently read an article about the major challenges electric utilities are facing in 2016, and I thought: "Wow, those challenges can be answered in so many ways..." Utilities are dealing with an onslaught of issues which can no longer be ignored or put off because they're all high priority and interrelated. But
The Internet of Things (IoT), sensors and connected devices are all the buzz leading up to DistribuTECH (Feb 9-11), so I sat down with one of our IoT specialists, Lorry Hardt to learn more. Lorry will be at DistribuTECH to support our joint demonstration with Intel and gave me the
Health care is undergoing exponential change, and this year we’ll continue to see the industry launch bold missions to improve the patient experience. With new types of data and technologies, the vision of making health care more personalized and proactive is becoming closer to reality. In my new book “The
What if a reckless driver adopted a more responsible approach because the car insurance pricing was based on driving habits? What if the senior from next door had the insurance payments based on kilometres driven, resulting in significant savings? This may be reality sooner than you think. The Internet of Things will revolutionise
When I walk into my local chicken shop I always feel that Mary, the owner, has roasted chickens, prepared salads and put on extra rice pudding for my family’s Friday night meal. Mary welcomes me with open arms, greets me and my son by first name and always has an
Has analytics become just a buzzword, the hype du jour? It’s great that analytics are now cool, but few people have taken then time to understand what analytics really are and how they can help solve their business problems. Last month at the the 30th Annual International Maintenance Conference, I
Am Jahresende Dinge noch einmal Revue passieren lassen und sich melancholisch an frühere Jahre zurückerinnern, ist sicherlich nicht nur meine Passion. Wie in jedem Jahr haben mich auch in diesem wieder einige Buzzwords verfolgt, die ich das eine oder andere Mal durchaus “einfach so” hingenommen habe. Aber im rethorischen Dickicht von Big
You’d better watch YouTube, you’d better not cry You’d better not post, I’m telling you why Big data is coming to town He’s making many lists (and selling them too), he’s writing it twice (for redundancy’s sake), He’s gonna find out whose naughty or nice Big data is coming to town
When we talk about the Internet of Things and “analytics at the edge,” we’re talking about modeling data as close as possible to the device – not far away in some warehouse or data storage appliance. So, generally, the edge is anything with a sensor that is transmitting data: an
Recently I toured a manufacturing plant floor for a company that builds construction materials related to energy. I find a number issues people face in production of which the most common are around asset efficiency, product quality, and safety. This manufacturer like most had similar concerns on all those areas
I brushed aside some sawdust on the workbench and set my laptop down. It wasn’t really mine. SAS Library Services had kindly lent me a new laptop for the “Making Sense of Sensor Data” workshop at UNC’s BEaM Makerspace. I had just set the laptop down…in sawdust. Like any normal
The Internet of Things, event stream processing and wearable devices such as Apple Watch and FitBit, just to name a few, all have massive potential to meaningfully contribute to the broader health care world. They accomplish this by transmitting personal health data in near-real time in support of potential diagnosis
Like retailers, Communications Service Providers (CSPs) interact with customers in multiple ways during the buy, use and share journey. These interactions take place at stores and on websites, Facebook pages, call centers, and other channels. However, unlike retailers, CSPs are having a harder time providing a seamless experience across their many channels.
The Internet of Things (IoT) is a revolutionary approach that will radically change our lives, our way of integrating with technology, and the way we do business and marketing. Companies have already defined a strategic plan for collecting and organizing data coming from the IoT. The next step is to
Why are so many companies across a diverse set of industries investing in and around the Internet of Things? Everywhere I go, every blog I read … I sound like my favorite band from the 80s: the Internet of Things is watching me. In reality, it’s the reverse: I'm seeing
Big Data has become a technology buzzword. But how is Big Data changing insurance? Historically, insurance companies have used SMALL data to make BIG decisions. Today, insurers are using BIG data for SMALL decisions. What does this mean? Traditionally, insurance companies have aggregated data to group risks into broad categories
Will the Internet of Things (IoT) create a web of connected devices that make our lives better or an infinite infestation of annoying devices invading our privacy for no good reason? I don't know. I do know that the answer is going to depend less on the technology and more
