The qualities that separate good performers from those who are future-proof high-impact leaders who have long, successful careers are not always evident. Although strong performers demonstrate some common traits they communicate effectively, rely on trusted instincts for decision making, and leverage the people and resources around them to solve problems its the less-obvious intangibles that often mark the difference between productive and invaluable.
Theres no question that artificial intelligence, self-driving cars, chatbots, devices connected to the Internet of Things, and other rapidly advancing technologies all pose threats to the jobs that make up a large chunk of the global economy and to the livelihood of the men and women who hold those jobs.
How far along are we on the IoT maturity curve? Is anyone seeing value yet?
Thats the question addressed in a recent study out of MIT Sloan Management Reviews research arm. The survey report, co-written by Stephanie L. Woerner, of the MIT Sloan Center for Information Systems Research and Sukamal Banerjee of HCL Technologies, is based on input from 263 executives, and cautions realizing IoT value is a step-by-step evolution that starts with smaller projects and, if successful, eventually leads to an overhaul of the entire business model.
The fourth annual Internet of Things World Forum (this year in London) is upon us, and we made the final edits to this article from another huge IoT conference-IoT World-in the heart of Silicon Valley. The Internet of Things (IoT) is literally everywhere, and one cant help but marvel at how far the technology has come in the last few years.
As it wags its finger at the NSA for amassing a toolbox for breaking cybersecurity defenses in products built by technology companies, Microsoft at the same time is calling on the government to regulate privacy and security in the Internet of Things market, a huge growth area for the companys cloud business.
The Internet of Things (IoT) has changed the way we view and use technology. As consumers, we have come to expect connectivity and access to information wherever we go. This has spread into many industries. As the Industrial Internet of Things (IIoT) rises, it is driving connectivity for all assets in an enterprise network. This is even true for the access layer or the outermost edge of the enterprise network that we often see in remote, geographically dispersed locations where mission-critical sensors or devices reside.
When it comes to predicting the future, Kevin Ashton is not a fan of what he calls vague handwaving. He prefers laying all his cards on the table, even at the risk of being completely wrong.
Heres one: 25 years from now, he believes, youll be able to live in Edinburgh and commute in your self-driving car to London each day via a trunk road designed especially for the purpose, at speeds in excess of 250mph. (Formula 1 racers, he points out, can already drive at 220mph, and the processing speed of a human brain is a lot slower than that of the average microchip.)
The field service industry is huge, encompassing 20 million field technicians in vans spread across the world, maintaining everything from hospital equipment to office elevators, heavy manufacturing machines and wind farm turbines, and there are a lot of efficiencies which can be made.
The Industrial Internet of Things (IIoT) is dramatically shifting how businesses operate. IoT capitalizes on using software, sensors and devices to predict equipment failures along the supply chain, track performance in real time, and help refine designs and processes to prevent failures in the future. CIOs are now turning to digital innovation strategies and IoT to reduce costs and increase productivity. In large-scale extraction industries like petroleum and gas operations, IoT has been proven to provide tangible financial benefits including greater uptime while delivering superior products to their customers at the same time.
For the Oil & Gas professional interested in digital innovation and IoT, this eBook walks through the five stages of IoT progression and describes the value each can bring to this industry.
Early in the internet of things (IOT) adoption cycle, it's often assumed the technologies will permeate industries in roughly the same way.
But there will be differences across major sectors of the economy -- and it's helpful to understand how those differences will influence IOT adoption.