article thumbnail

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. All Posts Technology Innovation Internet of ThingsVisit my website for full links, other content, and more! ]].

article thumbnail

The Unintended Consequences of IoT (Internet of Things) Deployment

Innovation Excellence

Three of the most hyped technologies in recent years include Blockchain, Artificial Intelligence (AI), and Internet of Thing (IoT). Because in August 2018, Gartner published its latest hype cycle report for emerging technologies, putting IoT barely past the “peak of inflated expectations” (that’s when we believe. Innovation Technology Internet of Things IoT

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Internet of Things brings fresh Innovation Opportunities

Destination Innovation

The Internet of Things (IOT) will have a dramatic impact on product and service innovation. Gartner group forecast that the number of wirelessly connected products will increase from 5 billion today to 21 billion by 2020 (not including smartphones or computers). Stephen Hoover, CEO of the Xerox Palo Alto Research Center (PARC) puts it this way, ‘I can instrument and understand what my customers are doing with my products across the world.

article thumbnail

Applications and innovations in the Internet of Things (IoT)

Hacker Earth Developers Blog

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. IHS Technology predicts that there will be over 30 billion IoT devices in use by 2020 and over 75 billion by 2025.

article thumbnail

The Internet of Things Is Creating Smart Airports

Daniel Burrus

For these individuals, massive crowds, endless delays and a rash of other headaches hardly add up to an intelligent environment. One exponential technology—a technology that is growing at an exponential rate—that’s helping to create smarter, more efficient airports is the Internet of Things (IoT). Thanks to new technology, many other aspects of airline travel have definitely improved. That’s the promise of IoT.

article thumbnail

Jobs-to-be-Done and the Internet of Things

Strategyn

The Internet of Things, according to Wikipedia , allows objects to be sensed and/or controlled remotely across existing network infrastructure, creating opportunities for more direct integration of the physical world into computer-based systems, and resulting in improved efficiency, accuracy and economic benefit. By 2020, there will be 50 billion devices connected to the Internet. This is the essence of innovation.

article thumbnail

How the Internet of Things (IoT) is Helping our Environment

Collectivecamp

When it comes to the issue of technology and its impact on our environment, people tend to have different standpoints on its effects and mostly, the tradeoff of its benefits

article thumbnail

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. Continue reading → Innovation Strategy connected devices Internet of Everything Internet of Things IoT Kalypso smart connected products smart products

article thumbnail

How the Internet of Things Drives Innovation

Wellspring

Within the innovation space, one of the key points of expansion is the application of leaps in information technology to the physical world. Just as the internet revolution brought about change by networking computers, another similar revolution seeks to bring about change by networking and digitizing the physical world.

article thumbnail

The Industrial Internet of Things and its Role in the Manufacturing Industry

Lead Innovation

The Industrial Internet of Things (IIoT) opens up a wide range of opportunities for the manufacturing industry in particular. Comprehensive networking is no longer a vision of the future, and the 5G mobile communications standard will presumably increase the dynamic from 2020. You can read an overview of IIoT technology and its application in production in this article.

article thumbnail

Breakthrough Internet of Things Technology Wins 2019 Nokia Open Innovation Challenge

IdeaConnection

A novel technology for drastically reducing energy consumption for Internet of Things devices

article thumbnail

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. The Service Science Factory and Noventum collaborated on this article to present a state-of-the art view on the Internet of Things and how to implement this vision within organizations. It is predicted to increase economic value by $11.1 trillion in 2025 (McKinsey 2015).

article thumbnail

The Industrial Internet of Things and its Role in the Manufacturing Industry

Lead Innovation

The Industrial Internet of Things (IIoT) opens up a wide range of opportunities for the manufacturing industry in particular. Comprehensive networking is no longer a vision of the future, and the 5G mobile communications standard will presumably increase the dynamic from 2020. You can read an overview of IIoT technology and its application in production in this article.

article thumbnail

Florida Hospital Exec on ‘Internet of Things’ Learnings

Innovation Leader

Florida Hospital has been deploying “Internet of Thingstechnologies — including RFID locator tags attached to equipment and worn by employees — since 2010

article thumbnail

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

article thumbnail

What Jake and Flo Aren’t Telling Us: Disruptions Constantly Change the Insurance Industry

Daniel Burrus

Auto and home insurance bundles, umbrella policies, constant arguments about paying for healthcare (especially during a pandemic), and thousands of streaming and social commercial advertisements pushing different providers as being the best option for the average Joe and Jane. .

article thumbnail

How Artificial Intelligence Can Create Real Value for your Business

Daniel Burrus

In past articles, I have identified the implementation of artificial intelligence (A.I.) as being “helpfully cool”; however, its application in industries of all sorts is exponentially revolutionizing how we both think and work. Because of the versatility of A.I.

article thumbnail

Open Innovation Challenge and the Internet of Things

IdeaConnection

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). The Internet of Things is a concept of embedding digital behavior into everyday objects. There is plenty of hype around IoT with many believing it to be the next technological game changer.

article thumbnail

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. Innovation ai Artificial Intelligence Industrial Internet of Things Information Technology Internet of Things IoT machine learning operational technology Siemens

article thumbnail

Human Creativity: The Critical Survival Skill of the 4th Industrial Revolution that Cannot be Automated

InnovationManagement

While 4th Industrial Revolution technologies are fast becoming the way to go in the world of the "new normal," they are driven by something far superior to robots: human creativity. Let's have a look at the importance of creativity in this article.

Industry 106
article thumbnail

Do You Agree or Disagree with Samsung’s Vision of the Future?

Braden Kelley

Samsung recently posted a video highlighting their vision of the future and the evolution of the Internet of Things (IoT). The movie highlights their tagline ‘In Sync with Life’ While certain of the benefits highlighted in Samsung’s IOT video might … Continue reading → Technology Internet of Things IOT mobile Samsung sensors Trends videos

article thumbnail

Data And Technology Don’t Change Your Culture, They Reveal it

Digital Tonto

All Posts Management Technology Big Data Internet of ThingsWe shouldn’t be so quick to blame algorithms. When we don’t like what we see, it is possible that we are looking at the culture we have created. Related posts: If Big Data Is To Live Up To Its. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Data 84
article thumbnail

The Future of Retail

Daniel Burrus

All of the goods and services we purchase as individual consumers come to us in a variety of different ways. As an important side note, in 1993, I gave a speech to the annual convention of bookstore owners as I was launching my book Technotrends.

article thumbnail

5G Is Far Bigger Than Faster Smartphones

Daniel Burrus

In order to see the magnitude of the opportunity I’m about to cover, it’s important to start by adjusting our mindset. . It’s easy to look at game-changing new technologies such as 5G and decide it’s safer to wait and see what will happen and how others might use them.

article thumbnail

Exponential Change in 2022: Five Industries to Watch

Daniel Burrus

With all of this transformation, innovative business opportunities are ripe for the picking, and those with an Anticipatory mindset are sure to benefit from them in some of the most exponential ways. In this new year, there are great transformations taking place in many industries.

article thumbnail

IoT-based Predictive Maintenance in Industry 4.0: The Way Forward

Acuvate

This blog deep dives into all of it. Your business runs on the equipment, plant, fleet, and devices you use to build and ship things for your customers. When one of them fails, you can expect a delay at best and a shutdown at worst. A vital element of the industry 4.0

article thumbnail

From Trend Watching to Idea Wrangling: How To Turn Cycles Into Action Plans

Daniel Burrus

We’ve seen cycles come and go—everything from music trends that emulate days gone by to past decades of fashion making a comeback. Hard Trends and Soft Trends sound similar to the concept of cycles, don’t they?

Trends 75
article thumbnail

The Internet of YOU

Technology Created

The Internet. When you think of the changes its brought into our lives, it really does give one pause. The definition of “oeuvre”? Symptoms of meningitis? The web is a first class citizen in your toolbox to do these and many more amazing things. But perhaps the aspect of the Internet that holds the most promise is that it’s an amazing platform. And you can say the same of Twitter, LinkedIn and a myriad of other prominent companies.

article thumbnail

IoT-based fleet and equipment management solution: The future of logistics and supply chain

Acuvate

Efficient operations and supply chains are at the heart of modern businesses. IoT telematics solutions help gather, store, and assess vehicle and route status data from AI-based technologies and connected GPS tracking devices for on-time diagnostics.

Data 52
article thumbnail

Digital Technology MoshPit

Gregg Fraley

New Service Offering for Digital Technology Innovation. 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. The new service is called Digital Technology MoshPit. . The MoshPit system seeks to find combinations of concepts that lead to innovation.

article thumbnail

IoT-based Asset Management 101

Acuvate

Collecting real production and inventory data, reducing waste, and shortening cycle times are examples of sophisticated IoT usage in asset management. High performance, consistent quality, and constant availability of assets.

article thumbnail

IoT Could Soon Be As Common As Your Daily Commute

Daniel Burrus

Undoubtedly, you have heard of smartphones. Additionally, smart homes and smart home features are likely part of your vocabulary in today’s world, including the likes of Ring Doorbells, Nest to remotely handle things like your thermostat, or any number of artificial intelligence (A.I.)-based

article thumbnail

Building the future of innovation through tech

Board of Innovation

We're using the most cutting-edge technology to innovate innovation. The post Building the future of innovation through tech appeared first on Board of Innovation. Culture Artificial intelligence innovation managers Internet of Things (IoT) machine learning tech lab technology virtual realityHere's how we're embracing machine learning, one digital tool at a time.

article thumbnail

Over The Next 5 Years, IBM Sees Atoms Fusing With Bits To Create New Insights

Digital Tonto

All Posts Technology Analytics Big Data Future Internet of ThingsIBM Research sees a new era emerging in which software and instrumentation will combine to give us unprecedented insights into the physical world Related posts: How to Create Insights. Why Atoms Are. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

How the Innovation in the IoT Will Boost Our Economy

Innovation Excellence

When people think about the Internet of Things (IoT) in relation to the economy, they generally fall into one of two camps. One side of things looks the IoT and sees money, to the tune of $11.1 Innovation Technology economy Internet of Thingstrillion annually, if you look at McKinsey’s evaluation. Others focus on more dire aspects. Ars Technica reports that.

Report 69
article thumbnail

The 3 Pillars of Manufacturing: Anticipation, Innovation, Collaboration

Daniel Burrus

Disruptive digital technology will transform every industry in one way or another. In the last decade, manufacturing in the United States faced intense international competition, increasing market volatility and complexity, a declining workforce, and a host of other challenges.

article thumbnail

Asset Management in CPG using Digital Twins

Acuvate

The demographics and dynamics of CPG consumers’ aspirations are changing and becoming increasingly personalized, environmentally conscious, and available immediately. This also eliminates the long cycles of cross functional teams set up for decision making which is more people dependent.

Data 52
article thumbnail

3 Ways Technology Will Change The Way We Live In The Future

InnovationManagement

Strategies Internet of things IoT technologyWhat we know as a home today is nothing remotely like what homes looked like just 100 years ago. We have central air, natural gas heating, and many other modern amenities that our ancestors could never imagine. Therefore, there is no reason to believe that in another century, houses won't look foreign to us, as well.

article thumbnail

Do You Agree or Disagree with Samsung’s Vision of the Future?

Innovation Excellence

Samsung recently posted a video highlighting their vision of the future and the evolution of the Internet of Things (IoT). Samsung recently posted a video highlighting their vision of the future and the evolution of the Internet of Things (IoT).

article thumbnail

How IoT Opens Up Opportunities for Limitless Growth in Manufacturing

Acuvate

Industries are adopting this state-of-the-art technology to understand and make use of the available data sets. organizations are adopting disruptive technologies to stay ahead of competitors and position themselves as industry leaders.

article thumbnail

Building a Smarter Workplace

Innovation Excellence

I had the opportunity recently to interview Dave Hopping, President of Siemens Building Technologies for the Americas about technology advancements in the areas of construction and building management and their impact for both employers and employees.

article thumbnail

What the Future Holds for IoT and the Wearables Industry

Rocketspace

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.".

Industry 110
article thumbnail

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. Continue reading → Feature Of The Week Governments history Internet of Things IoT Kevin Coleman technology