The extension of the Internet to the physical world is a huge step forward and in this video Michael Mandel, chief economic strategist at the Progressive Policy Institute, talks about what this will mean for us. During the Washington Post Live's All Things Connected forum he explains that "the Internet has transformed digital industries, while the Internet of Things will … [Read more...] about What The Internet of Things Means For Physical Industries
sensors
How Your Sensor Data and The Internet of Things Can Save You A Lot Of Money
The Internet of Things, Industrial Internet, Internet of Everything, no matter how you name it, the future connected world will change everything and create massive amounts of sensor data. According to Cisco, it is going to be a $ 19 trillion market within the coming decade. This includes a projected $ 2.9 trillion for the Industrial Internet. For manufacturers, the Internet of … [Read more...] about How Your Sensor Data and The Internet of Things Can Save You A Lot Of Money
“The Internet of Everything” means Nothing
Possibly the most vague, all encompassing phrase is The Internet of Everything. Its ridiculous. This ambiguous term which literally harbours everything from email data capture forms to complicated algorithms which analyse and scrutinise the financial markets, has come as a result of our lack of comprehension around Big Data (another completely abstract term which frivolously … [Read more...] about “The Internet of Everything” means Nothing
How The Internet of Things Can Create Disruptive Business Models
More and more companies are turning to a recurring revenue business model from online companies to unexpected companies such as Adobe and Audi. These new, unexpected, subscription-based business models are disruptive but when they are connected to the Internet of Things very interesting models can appear. Aria Co-founder Brendan O'Brien sat down with eCornell at Dreamforce '13 … [Read more...] about How The Internet of Things Can Create Disruptive Business Models
Big Data Will Drive The Fourth Industrial Revolution
The Fourth Industrial Revolution will really take off in the coming year as more and more factories are becoming smart factories. Although a complete global adoption of the Industrial Internet could still be a decade away, the Industrial Internet has massive potential. The vision of tomorrow's manufacturing combines intelligent factories, machines, raw materials, and products … [Read more...] about Big Data Will Drive The Fourth Industrial Revolution