Using Design Thinking to make your employees ready for the Internet-of-Things

InnovationManagement

Recent advances in technology put Internet-of-things (IoT)-innovation on top of the management agenda across industries. It is predicted to increase economic value by $11.1 trillion in 2025 (McKinsey 2015).

10 Emerging Technologies That Will Drive The Next Economy

Game-Changer

There are many that in combination will drive massive change across enterprises and all size of business. We will see them both in the consumer and enterprise domain; specifically in how we get stuff done, how we hire and how we collaborate.

Gartner’s Lewis Farran Explains Technology Trends And Managing For The Future

Game-Changer

In his role he works with senior business leaders on their journey to utilize technology as a strategic asset instead of a cost center. Professionally, Lewis collaborates with Gartner’s subject matter experts across a wide spectrum of areas (from ERP to augmented reality).

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Connectivity and IoT Disruption: Optimizing Logistics and Enabling Smart Trade

Rocketspace

But the Internet of Things (IoT) also has big things to offer to enterprises, particularly in logistics and trade. Here are some of the IoT and connectivity trends from RocketSpace's 2017 Disruption Report. Trends Logistics Internet of Things (IoT

The Inversion Factor, How to Thrive in the IOT Economy

Linda Bernardi

Had a great time speaking at this fireside chat at MIT Enterprise Forum with my co-author Sanjay Sarma and talking about The Inversion Factor. Internet of Things Technology Disruption Innovation internet of things iot the inversion factor

Being Digital : Innovating For a Smarter, Faster, Lighter Enterprise

Tata Consultancy

I see an enterprise’s move to ‘Being Digital’ as an inflexion point in its evolution. This is especially true of enterprises that were ready to innovate early and began their computing journey decades ago, like we did. What does a ‘thinking’ digital enterprise look like?

Why Is IoT Hot Now?

Linda Bernardi

My first white paper on this topic was called “IoD, Internet of Devices.” Immersion of Things is only possible via AI given the complexity and sheer number ofthings’ (billions) that will be connected and inter-operating at any moment in time- FLAWLESSLY!

The Immersion of Things

Linda Bernardi

Following my blog post of last week about why IoT is hot now and the link between IoT and AI, as promised, here is further discussion. In The Inversion Factor , we see a clear progress in IoT from Things, to IoT , to The Intelligence of Things, followed by The Immersion of Things.

Disaster: CEO’s Ignoring Digital Innovation

Gregg Fraley

Turnover of CEOs is already high, about 14.9 % a year as of 2016*. The demands of digital leadership and the enterprises of the future could dramatically accelerate that rate in the next few years. A big part of the conversation is going to be about How.

The Reality Of IoT vs. The World of Connected Things: The Same Or Different?

Linda Bernardi

This week I had the pleasure to speak at the MIT Enterprise Forum annual conference on Connected Things. The MIT Media Center was buzzing with vibrant conversations about Connected Things, IoT, RFID, AR/VR, and more. Connected World’ implies ‘things’ that […]. Internet of Things Technology connected world internet of things iot

Leveraging Networks in the Era of the Intelligent Enterprise

Leveraging Networks

Additionally, making sure that you not only understand all of these opportunities but are in regular communication with other networks, will keep you ahead of the game in an invaluable way. The Era of Intelligent Enterprise. In intelligent enterprises, intelligence feeds innovation through data. These enterprises use streamlined processes that can quickly and effectively adapt to changing conditions within the market. Importance of Leveraging Networks.

Why Containers Will Eat the IoT World

Tata Consultancy

Container technology, with its ability to package and deploy an application and its dependencies in an isolated, secure, and lightweight virtualized runtime environment, is one of the most exciting technologies of our times.

Why is Enterprise AI so HOT Now?

Linda Bernardi

It is due to the confluence of six factors: 1. Culture of Agility There has never been a more exciting time for artificial intelligence in enterprises. We are past Big Data (which occurred with the advent of mobile, apps and social media), and are in the Hyper-Data stage.

Survey: Global Enterprises Are Not Reay for IIoT

BPI Thought Leadership Media Coverage

Most companies are unprepared for the Industrial Internet of Things (IIoT), even though they acknowledge the future of their business depends on it, according to a new report

Managing IOT Services the DevOps Way

Tata Consultancy

The Internet of Things (IoT) is now all pervasive and disrupting every industry, right from travel, transportation and hospitality to manufacturing. The business case for any IoT project starts with optimization, personalization and quality of experience.

Create Personalized Customer Experiences And New Business Models That Generate New Revenue Streams

Leveraging Networks

By introducing combinations of intelligent technologies, services, and industry expertise, it’s possible to unlock product and service innovation through the incorporation of intelligent technologies like artificial intelligence , machine learning , the Internet of Things , and blockchain. The implementation of global patent management has answered the question of “how can a global development team act as a singular unit?”

Femi Stevens Oluwafemi

Innovation 360 Group

Area of expertise: Strategy and Innovation Management. Technology Management and Enterprise Architecture. Yale University, School of Management, New Haven, CT 06520, United States – Certificate in The Global Financial Crisis. Based in Lagos, Nigeria.

The Week In Review: IoT

BPI Thought Leadership Media Coverage

The Business Performance Innovation Network reports that a worldwide survey of about 350 executives and interviews with innovation leaders at large enterprises shows that many companies realize the importance of Industrial Internet of Things technology in their future, yet few are prepared to implement IIoT

Machine to Machine (M2M): what it is and how it works

mjvinnovation

It is also the basis of the Internet of Things. In this article, we’ve decided to show you in detail what Machine to Machine is, how this phenomenon is transforming business, and how you can make use of it in your company. The roots of M2M are firmly planted in the manufacturing industry, where technologies and services based on this concept help remotely manage and control equipment data. M2M and the Internet of Things.

Three Flavours of Open Innovation: breaking down institutional boundaries through the X-Factor, Speed Dating, and iOT

Imaginatik

A great deal of activity has been happening under the topic of ‘open innovation’, however we have found very different initiatives launched by our clients that challenge a common definition of the term. Let’s explore some of these.

Geok Chwee

Innovation 360 Group

Background: Geok Chwee is the VP of Emerging Businesses for a Singapore Listed Telecommunication company, Starhub Limited overseeing the business development of new businesses and emerging technologies. Area of expertise: Innovation Strategy. Geok Chwee based in Singapore.

Winners of Nokia’s 2016 Open Innovation Challenge Announced

IdeaConnection

A big round of applause is due to the winners of Nokia’s 2016 Open Innovation Challenge, a global search for the next big ideas in the Internet of Things (IoT). This was followed by a pitching event which resulted in the selection of three winners.

What’s New in Corporate Innovation – Dec 18, 2017

Imaginatik

Hello folks, and welcome to our first edition of “What’s New in Corporate Innovation.” Everyone’s talking about innovation these days – a profusion of content ranging from social posts on Medium and LinkedIn to the hallowed pages of HBR and the Economist – and everything in between. What’s new with the Internet of Things? In this piece, McKinsey consultants summarize the findings from a research study into corporate adoption of IoT technologies.

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Legacy is all around us. Innovation and insights suffer greatly

Paul Hobcraft

They make up vital business processes that were designed years ago but not for the technology onslaught of technology we are witnessing. Speed and awareness are critical for us to react and respond, to take full advantage of “breaking” market opportunities.

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Technology leads, innovation exploitation is lagging

Paul Hobcraft

The new combination is the new connections through people and things (IoT) that we can achieve a new innovation potential. It is still managed mainly through a linear process of stage-gates and investigation / validation to decide to move on or not.

Mapping the customer journey is the top driver for digital transformation

Paul Hobcraft

Organizations are struggling to understand the behaviors of the ‘connected’ customer. The lack of having a well mapped out customer journey means missing out on opportunities caused by not knowing this complete set of connections being made into you.

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In the blink of an eye, it gets something bigger

Paul Hobcraft

This joining forces is one of those ‘intriguing” moments for me. Capgemini have been leading much within the transformation process around technology with all things digital, they have been pioneering and offering some significant advice around transitions. Marriage of shared intent.

Platform models are the new order of our innovating business need

Paul Hobcraft

We have seen the incredible rise of platforms that have become part of our everyday lives. Be these Apple, Google, eBay, Amazon, Android, Facebook, Microsoft, Alibaba, Salesforce, Uber, Airbnb, PayPal and many more, all becoming some of the hottest companies in value.

Blockchain Demystified

etventure

Blockchain is receiving a lot of attention, and is making inroads into the enterprise space. In brief, Blockchain is the technical foundation of Bitcoin – the well-known crypto-currency with shadowy origins. Email a PDF of your annual report to your shareholders.

Jumping to a fresh cycle of innovation design

Paul Hobcraft

In my opinion, it needs to be based on the thinking around the shift from products to solutions, from transactions to building far more value-adding ongoing relationships, from a supplier of product services into highly valued network partnerships, exploring innovation across all options.

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Applying the Three Horizon Thinking to a Fresh Perspective of Innovation Design

Paul Hobcraft

Thinking in different horizons prompts you to go beyond the usual focus of fixing innovation just in the present it provides the connections of the present with the desired future. Innovation today conflicts with much of our existing organizational designs.

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Case Study: Uncovering Hidden Market Opportunity

Taivara

 A World of Opportunity. The client’s initial assumption was to sell to enterprise customers. The cost of entry was high and established competitors could be dangerous. Taivara suggested the client should be wary of focusing all their attention in this space.

Why Your Company Needs Data Analytics

Daniel Burrus

Data analytics is the science of extracting patterns, trends, and actionable information from large sets of data. Think of business intelligence as the ways in which companies use data to improve their management and operations. What are the wider trends of the day?

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Vision: the superpowers of Machine Learning

mjvinnovation

Created by Tony Stark, the android is such an advanced artificial intelligence that it has awakened self-consciousness in the events of Avengers: the Age of Ultron. Machine learning is nothing more than a model of data analysis. Vision is one of the most powerful Avengers in the MCU. Telepathy; technopathy; Super strength; bursts of energy; flight… we could continue this list until the end of the post, but you did not come here for that, right?

12 Technology Categories That Will Transform Careers

Daniel Burrus

The problem is, we live in an uncertain world, and because of the high levels of uncertainty we all face, people of all ages and careers are finding it difficult to know what new skills to learn, what courses to take, and what degrees to get that will provide them with the most opportunity going forward. Certainty, on the other hand, gives us the confidence to make a bold decision, to move forward with confidence, and to invest time and money to learn new things.