Many experts believe that the development and incorporation of internet-connected sensors – constituting the Internet of Things (IoT) – will optimize the production, consumption and maintenance of all types of existing products and services. But the IoT, in conjunction with so-called artificial or augmented intelligence (AI), creates an emergent and convergent industry of “data-facturing”, forced by data analytics intermediaries, which will lead to a complete overhaul of global production and its economics. Continue reading “‘Data-Facturing’ in the IoT to lead to a complete overhaul of global production and its economics”
Although virtual reality (VR) and augmented reality (AR) have existed in some form for decades, only recently have they garnered mainstream attention.
VR is blowing up right now, and its content and hardware advances have been exciting to watch. Continue reading “The Battle between Augmented Reality and Virtual Reality Is Real”
CABA, the Continental Automated Buildings Association, held a Web conference this week to present top-level results and conclusions of its new landmark study, “The Connected Consumer Roadmap –Driven by the Internet of Things.” The report was created for CABA by IHS, a global analyst research firm. The research was driven from a consumer survey of 1,036 residents in Canada and the United States, conducted in January 2015. It also was based on interviews with suppliers, service providers and other ecosystem players within the connected-home market. Continue reading “Connected-Consumer Study Results Released by CABA”
Over 20 percent of enterprises will have digital security services devoted to protecting business initiatives using devices and services in the Internet of Things (IoT) by year end 2017, according to Gartner. Analysts explored cybersecurity trends at the recent Gartner Security & Risk Management Summit, September 1-2, held in Mumbai Continue reading “IoT to Reshape Cyber Security Landscape”
With Samsung losing momentum in areas like smartphones and tablets, the company announced today an ambitious bet on the Internet of Things as it seeks to regain momentum. Continue reading “Samsung Announces Launch of SmartThings Hub for Managing Home IoT Systems (Video)”
The Internet of things (IoT), the term used to describe the use of sensors and other Internet-connected devices to track and control physical objects, is opening up entirely new ways of doing business. However, the changing customer demands is challenging skill requirements and even the supplier landscape, thereby throwing up immense challenge to business leaders. Two recent studies detail why enterprises continue to struggle with IoT.
Researchers at the McKinsey Global Institute found that key IoT application – and they examined over 100 – could have a total economic impact of $3.9 trillion to $11.1 trillion per year in 2025. More than two-thirds of value will be generated in business-to-business settings and that business customers and consumers will likely capture more than 90% of the value created, they said. Continue reading “Reasons why companies continue to struggle with IoT”
The journey to digital business continues as the key theme of Gartner, Inc.’s “Hype Cycle for Emerging Technologies, 2015.” New to the Hype Cycle this year is the emergence of technologies that support what Gartner defines as digital humanism — the notion that people are the central focus in the manifestation of digital businesses and digital workplaces. Continue reading “Gartner’s 2015 Hype Cycle Special Report Reveals IoT Among Most Hyped Technologies”
Finland: Researchers have developed a miniature gas sensor that can be connected to mobile devices.
Scientists at the VTT Technical Research Centre of Finland say that gas measurements made with smartphones will make activities such as the detection of internal air problems easier. Continue reading “Researchers Develop Miniature Gas Sensor that Can Be Connected to Mobile Devices”
Global shipping giant DHL discovers that motion sensors used by Microsoft’s Kinect are great for scanning pallets — and relatively cheap to buy. Continue reading “Microsoft Kinect: Inexpensive Big Data Tool”
Today, Fairchild formally announced the acquisition of Xsens, a leading global supplier of 3D motion tracking products for the industrial, health, fitness and entertainment markets. Continue reading “Fairchild Establishes Strategic Footprint in Fast Growing 3D Motion Tracking Market with Acquisition of Xsens”