You may not think of your organization as a sports team, but when it comes to data and analytics, there are more similarities than you might think. Those similarities can reveal how analytics, if effectively deployed, can lead to better decisions and more successful organizations.
When most people think about the adoption of the IoT, they think about smart cities, autonomous vehicles, or the latest consumer tech and wearables. However, some of the most amazing technology applications are taking place within industrial verticals such as manufacturing, oil and gas (O&G), and transportation.
The BAS industry is being disrupted by the IoT. While all BAS providers are scrambling to understand how the IoT impacts their business, only the market leaders are looking to leverage the IoT to empower a broad spectrum of stakeholders. These stakeholders include building owners, energy managers, service technicians, building occupants and even utilities as Smart Grid applications become more prevalent. We need to realize that the IoT is much more than simply billions of connected devices and sensors. Its an entire ecosystem that achieves this empowerment through simple smarts, giving us greater insight into our buildings and the ability to take action through web-based control and automation.
The Internet of Things (IoT) can be summed up in one word: opportunity. By connecting devices and data, IoT presents opportunities for organizations to transform themselves, gain entry into new markets, and harness data to drive more timely and powerful business decisions. At the same time, it gives consumers new opportunities to enjoy exciting new user experiences and conveniences. This paper looks at IoT opportunities in the commercial aviation industry, exploring what vendors can do to exploit the opportunitiesand how Wind River® can help transform opportunity into reality.
The Internet of Things (IoT) is making every industry a technology industry. Just look at todays automobile. With hundreds of sensors, cameras, computers, wireless communications, and standards-based high-speed deterministic networks, cars are now essentially mobile data centers and smartphones on wheels. That means the old-line auto industry is chasing the same pool of tech-savvy workers as any Silicon Valley startup.
dentifying the talent that will take the organization to the next level is often an ambiguous process. What skills will the future require? How can current capabilities be built upon and expanded? High-potential talent must succeed in more complex situations, with increased situational and strategic agility. The ability to drive business results amid shifting markets requires purposeful development and clarity of overall organizational strategy and goals.
Saying that organizations need to be serious about digital transformation is like saying that people need to be serious about breathing. Digital transformation is not a matter of choice, no matter the industry, geography, size or structure of your organization. However, you do have a choice in how you go about ensuring your organizations success or, frankly, survival, as technology continues to influence and often define how business is done.
How do we thrive in a period of profound digital transformation? How do we ensure financial security and stability for more people? How do we increase internet and technology access, regardless of age, location, education, or ability? These are some of the pressing questions the MIT Initiative on the Digital Economy (IDE) seeks to answer.
Tackling tough problems requires innovation and a diverse range of talent, along with the desire to take an unconventional approach. According to Deborah Ancona and Hal Gregersen of the MIT Leadership Center, these talents and traits are intrinsic to challenge-driven leaders. In a recent article published to strategy+business, Ancona and Gregersen explain that challenge-driven leaders also tend to be experts in their fields and entrepreneurial in spirit.
Initially viewed with suspicion by financial institutions,
blockchain is now beginning to be taken seriously and has
applications far beyond finance.