10 Industries The Internet of Things Will Change Forever


In other words: The Internet of Things is a technology that will drive the next economy. As Nico Adams of CSIRO points out , with IoT companies can evolve from product businesses to service businesses that are capable of affecting real economic and social change.

The Internet Of Things Is Transforming Industries You Would Never Think Of

Digital Tonto

As digital connectivity begins to transform physical machines, it’s likely that we’re now in the early days of a new productivity boom. Related posts: The 5 Powerhouse Industries of the 21st Century. [[ This is a content summary only.

Applications and innovations in the Internet of Things (IoT)


The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. IoT ecosystems consist of internet-enabled smart devices that have integrated sensors, processors, and communication hardware to capture, analyze, and send data from their immediate environments. Real-world applications of IoT can be found in several sectors: 1. Industrial IoT.

How the Internet of Things Drives Innovation


Within the innovation space, one of the key points of expansion is the application of leaps in information technology to the physical world.

The Internet of Things Needs Innovators With These Three Traits: Sound Like You?

Innovation Excellence

The Internet of Things poses an industrial disruption potentially unmatched in history. Every business needs to reevaluate their identity and position, innovate to take advantage of new technologies, and decide to move with a sense of urgency.

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


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).

Internet of Things will make you live longer!

Board of Innovation

The healthcare industry, just like the manufacturing, agriculture, transportation, and many other industries, has not been spared by the IOT revolution. If IOT can fasten this process, the future of healthcare. The post Internet of Things will make you live longer!

AI Will Create Many More Jobs Than It Kills

Innovation Excellence

As I was listening to Dr. Norbert Gaus, an EVP at Siemens and Head of R&D in Digitalization and Automation at Siemens ConneCTs 2018, I was struck by something that he said: “Artificial Intelligence (AI) will create many more jobs than it kills.

Entrepreneurship and Innovation in the Auto Industry

Innovation Excellence

As automobiles move into the next phase, there will be a window of opportunity for entrepreneurs to gain a foothold into this re-invented industry. Entrepreneurship Industry Innovation Automobile Industry Internet of Things

Open Innovation Challenge and the Internet of Things


Communications and information technology giant Nokia has launched its Nokia Open Innovation Challenge for the fourth year running, and this time round is focused on the Internet of Things (IoT). For more details of what Nokia is after, and to register to take part, click here.

IoT Is Rewiring Established Industries: Here’s How


The Internet of Things (IoT) has been called the next Industrial Revolution. In a recent report, BI Intelligence found that there will be 34 billion devices connected to the Internet by 2020, which represents an increase from 10 billion in 2015. It’s a rewriting of society into one global entity. Open Innovation Intrapreneurship Internet of Things (IoT) Innovation Models

Few firms have coherent plans for the Industrial Internet of Things, survey finds

BPI Thought Leadership Media Coverage

Over half of executives at 350 industrial companies said they expect the Industrial Internet of Things to have a significant or major impact on their industry within three years, but barely 2 percent have a clear vision for adoption or large-scale implementations underway, according to a new study

What the Future Holds for IoT and the Wearables Industry


At this year's Consumer Electronics Show (CES) in Las Vegas, one thing was abundantly clear: Despite security concerns, the Internet of Things (IoT) is taking off. According to Sukamal Banerjee, executive vice president and global head at IoT Works and HCL Technologies, “ 38 percent of organizations have already started their IoT journey, and 57 percent are planning to , making 2017 an inflection year for Industrial IoT adoption.".

Global Executives’ Perspective: Key Benefits of the Industrial Internet of Things Technologies

BPI Thought Leadership Media Coverage

The Industrial Internet of Things (IIoT) is already changing how companies operate.& & In 2015, Control Engineering published an article about the benefits of IIoT, mentioning that Industrial IoT technologies used in monitoring valves in a refinery saved more than $3 million annually due to timely detection and repair of faulty valves

How IoT is Transforming Unexpected Industries

Innovation Excellence

By the late 1990’s computers became truly transformative, followed by Internet and email as conduits to a continuous flow of information that could be processed, analyzed and turned into action.

Penton's IoT Emerge Chicago Event to Showcase the Internet of Things Journey

BPI Thought Leadership Media Coverage

We've tapped respected leaders in the industry to offer our attendees new ideas and even inspiration to leverage this information in their day-to-day work. Karen Field, Executive Content Director, IoT, Penton said, "Applying IoT to real world business practices can be difficult. By attending IoT Emerge, attendees will gain critical insights that will help them dramatically improve their busines

10 Emerging Technologies That Will Drive The Next Economy


What technologies will drive the biggest changes in industries over the next 10 to 20 years and create the next economy ? There are many that in combination will drive massive change across enterprises and all size of business. Thus, cyber-security is a growing industry.

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


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).

Trends 151

The Evolving World Of The Digital Insurance Industry

Linda Bernardi

For decades, the insurance industry has been highly profitable and operated in the same manner. You buy insurance for everything of value you own, rates increase each year, and if something happens you get remunerated.

Five IoT Startups to Watch in 2017


The Internet of Things (IoT) industry is widely expected to become a multi-trillion dollar industry within the next decade, so it's no surprise that many of the world's top aspiring entrepreneurs are looking to make their mark in the world of IoT, and that corporates are keeping an eye out for promising partners that can help them take ad advantage of IoT innovations. Trends Internet of Things (IoT

Regional Highlights: Exploring the UK's Innovation Ecosystem


Even in light of rising uncertainties due the Brexit, the UK is likely to remain a hotbed of innovation and disruption in fintech and the tech and communication industries. Trends London FinTech Internet of Things (IoT) Big DataWith high-quality support systems and thriving communities for entrepreneurs, the UK, and London in particular, has long been home to startups from all over the European Union.

The Age of Innovation

Innovation Excellence

While as impactful as the Industrial Revolution and the Internet Age were, they will pale in comparison to what lays just over the horizon. Innovation will be the key to success in this era of rapid technological advancement and adoption.

The Industry 4.0 Advantage

Daniel Burrus

This visceral image ofindustry” being gritty and exclusively blue-collar is true to some degree, but when “4.0” advanced automation and robotics, 3D printing, and other industrial Internet of Things (IoT) advancements often replace mundane tasks in manufacturing, Industry 4.0 Industry 1.0 Manufacturing in every industry has evolved as four distinct industrial revolutions since the 1800s. Industry 4.0 Industry 4.0

“Faux Innovation” and Other Discontents

Innovation Excellence

Over the course of this year, I’ve had the good fortune of working with three Global 50 companies – two U.S. Despite being in different industries (high-tech, financial services and industrial), one common theme emerged: senior leaders in each of. value of creating innovation cultures what is business innovation what is corporate innovation what is faux innovation What’s now agenda

Digital Technology MoshPit

Gregg Fraley

It’s designed to uncover unlikely, but useful, combinations of technologies, products, services, trends, and insights that lead to breakthrough innovation. GFi is now offering a new version of MoshPit to discover ideas that exploit new digital technologies. IoT (Internet of Things).

The Evolution of Digital Transformation and the CIO


Our elementary vision of it is of fish growing legs, crawling out of the muck as alligators turning into rodents then monkeys then apes and finally something resembling people. Of course, this is not how it works. Digital Transformation Internet of Things Technology

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. Digital leaders like GE are already transforming industries.

IoT Consortium Insiders Newsletter: 3 Perspectives on the Intel – Mobileye Deal

Linda Bernardi

acquisition of Mobileye mean for the IoT industry at large? The recent acquisition of Mobileye by Intel is definitely a spark in the momentum of the […]. Blog Internet of Things driverless cars intel internet of things iot mobileye self driving carsRead my take on the Intel – Mobileye deal from the IoT Consortium’s Newsletter. Click HERE to read two additional perspectives from my respected colleagues.

IoT Consortium Insiders Newsletter: 3 Perspectives on the Intel – Mobileye Deal

Linda Bernardi

acquisition of Mobileye mean for the IoT industry at large? The recent acquisition of Mobileye by Intel is definitely a spark in the momentum of the IoT Industry. Intel as a chip manufacturer (the ‘thing’ that goes into all other things) is a natural player in IoT, but for the last few years has taken a back seat in this space. With a price tag of $15B (not a normal spend by Intel) one might say this is significant.

Companies Unprepared for Industrial Internet

BPI Thought Leadership Media Coverage

Executives realize that the Industrial Internet of Things (IIoT) represents significant business growth opportunities, yet their businesses are unprepared for it, according to recent research

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.

What Companies Seek From the Industrial IoT

BPI Thought Leadership Media Coverage

A clear majority of organizations have a growing or high interest in the industrial internet of things (IIoT), according to a recent survey from the Business Performance Innovation (BPI) Network.

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

Tata Consultancy

This is especially true of enterprises that were ready to innovate early and began their computing journey decades ago, like we did. To me, any enterprise that wants to meet the demands of its digital native consumers, should start ‘thinking’ digitally, not just ‘adopt’ digital.

We are transcending traditional industry and product boundaries

Paul Hobcraft

It seems this is the era of the digitally savvy entrepreneur. With the dizzy array of choices, combined with technology prowess and ‘plugging’ these into ‘seen’ customer needs, they are setting about disrupting existing businesses and establishing new ones, on an ever-increasing global scale.

Businesses are unprepared for the Industrial IoT

BPI Thought Leadership Media Coverage

Many companies are unprepared for the Industrial Internet of Things (IIoT), even though most executives at those companies realize that the future of their business could depend on it