It may seem like the IoT happened overnight. The truth is it has taken a full decade for pricing trends to become attractive enough for its broad implementation. This in turn allows all devices to cost effectively be connected. So let me set the stage. The Cost of Sensors Has Dropped over 60% They are now being deployed everywhere, in our houses, cars, and factories, … [Read more...] about Why Now? The Internet of Things
internet of things
Internet of Things (IoT): More than Smart ‘Things’
By 2020, experts forecast that up to 28 billion devices will be connected to the Internet with only one third of them being computers, smartphones and tablets. The remaining two thirds will be other devices sensors, terminals, household appliances, thermostats, televisions, automobiles, production machinery, urban infrastructure and many other things, which traditionally have … [Read more...] about Internet of Things (IoT): More than Smart ‘Things’
Is the Internet of Things changing Manufacturing?
Manufacturing industry has been using sensors and devices in industrial automation for a long time already. It may or may not be over the Internet and it may not be every device on a machine, but in general, industrial automation was ahead of consumer technology adoption. Whatever the Internet of Things (IoT) buzz is now, the goal for IoT in manufacturing is … [Read more...] about Is the Internet of Things changing Manufacturing?
The Internet of Things (IoT): 8 Myths and Facts
Any new technology involves a certain amount of uncertainty and business risk. In the case of the Internet of Things, however, many of the risks have been exaggerated or misrepresented. While the IoT vision will take years to mature fully, the building blocks to begin this process are already in place. Key hardware and software are either available today or under development; … [Read more...] about The Internet of Things (IoT): 8 Myths and Facts
How the Industrial Internet Will Create an Economy of Services
The consumer Internet connects 5 billion devices. The Industrial Internet, however, will connect 50 billion devices. That will have a dramatic effect on how we do business and how we should organize our factories and companies. The connected devices will range from energy plants to health care systems to transportation systems. These 50 billion devices will also drive a major … [Read more...] about How the Industrial Internet Will Create an Economy of Services
