A British company that has been investing in internet and information businesses is having its best day on record. On-line Plc jumped as much as 394 percent on Friday after announcing plans to change its name to On-line Blockchain Plc, following an initial climb of 19 percent on Thursday when it first announced the news. It’s the biggest one-day gain for the small-cap company since its December 1996 listing. The trading volume that reached 2.9 million shares by early afternoon in London is equal to more than 16 times the entire…
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Internet of things examples: 14 best uses of IoT in the enterprise
With some analysts suggesting there will be as many as 25 billion internet-connected things by 2020, and with more and more companies investing and making an impact in smart technology, here is how to use IoT in business. (See also: what is the Internet of Things… really? and what is a graph database?) From insurance companies and local authorities, to gyms and beverage companies, here are the best uses of the internet of things in the enterprise… 1. Ericsson Maritime ICT Swedish communications company Ericsson houses ‘Ericsson Maritime ICT’ which provides infrastructure for ships,…
Read MoreIDC MarketScape Names GE Digital a Leader in IoT Platform Software
Several years ago, we embarked on a journey to transform the industrial sector by introducing the potential of the Industrial Internet. From the start, looking first across GE and then the market at large, we saw a gap. The technology to power digital transformation was taking shape, but there was a critical need for something purpose-built for the distinct needs of industry. That led us to create Predix, an application development platform specifically designed to help companies at every stage of digital transformation benefit from the Industrial Internet. GE Digital…
Read More10 Recommendations for Creating a Smart City
Broadband internet, sensor networks, and Internet of Things (IoT) platforms are key components of any smart city implementation. However, making a city smart requires more than just rolling out technology. Below is a list of 10 best practices-based recommendations for creating smarter cities — helping (local) governments initiate, optimize, and evaluate smart city initiatives. Start with a realistic vision on where and how you want to go. There are many drivers and many different definitions of a smart city, and no 2 implementations are the same. Clearly state your urbanism,…
Read More3 Ways The Internet Of Things Will Change Every Business
Have you entered the Internet of Things yet? If you have a FitBit or other activity tracker that talks to your smartphone, you have. If you have a thermostat, alarm system, or lights in your home that you can control with your computer or phone, you have. But even if you haven’t got one of those devices yet, I’m betting you will within the next 3–5 years. And I’m not making that prediction based on how useful or cool the current Internet of Things products are right now, but rather…
Read MoreIoT In The USA: 3,000 Companies, $125B In Funding, $613B In Valuation, 342,000 Employees
2,888 businesses building the Internet of Things employ 342,000 workers, have raised $125 billion in funding, and have created $613 billion in value. 95 of them are now unicorns: billion-dollar startups. Spoke Intelligence and ReadWrite, an IoT-focused publication and accelerator, just released their inaugural IoT Revolution handbook, and the numbers are very, very significant. 2,748 companies in the U.S. alone, plus another 140 in Canada, make the IoT scene in North America. (Disclosure: I am an unpaid advisor with a small equity stake in ReadWrite Labs. I did not participate in this research.) Smart matter…
Read MoreIntel looks at new $7 trillion ‘passenger economy’ through autonomous driving
One of the key questions surrounding connected cars and autonomous driving is around efficiency: will users be able to do more with their free time normally spent behind the wheel? Intel has had a look into the crystal ball, and argues the ‘passenger economy’ opportunity could hit $7 trillion (£5.4tn) as the technology becomes mainstream. “Companies should start thinking about their autonomous strategy now – less than a decade ago, no one was talking about the potential of a soon-to-emerge app or sharing economy because no one saw it coming,”…
Read MoreMonetizing an Ecosystem to Drive IoT Revenue
Despite forecasts from GE of over 10 trillion dollars by 2020, many organizations who have invested in an “IoT” project have yet to derive any significant revenue from their solution. Business models are changing from transactional to collaborative, transactions are evolving from simple one-off payments to complex variants of usage-based billing. Organizations need to have a clear vision as to how they are going to generate revenue from their devices, services, data and more importantly their ecosystem. My experience to date has shown IoT projects rely on 4 main monetization…
Read MoreA Guide to IoT and the opportunities it presents to succeed in the 4th Industrial Revolution
The Internet of Things (IoT) refers networked or internet connected devices which have embedded electronics such as sensors or actuators that can exchange data, be controlled and monitored remotely. There are multiple types of IoT devices that are available for consumers or organisations to purchase or design, to perform specific functions that serve a purpose in various industries. The Internet of Things is a key driver in the Fourth Industrial Revolution (4IR). Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum says that 4IR is marked by…
Read MoreThe Internet of Things Revolution is Underway: How companies, consumers & industries are about to feel the IoT
50 billion connected Internet of Things (IoT) devices by 2020. $6 trillion spend on IoT over the next five years. A global IoT market valued at $14.4 trillion by 2022. The statistics surrounding the internet of things have always been impressive. However, for those who’ve been caught up in the hype of technologies past, these immense figures are losing their significance without a range widely publicized, industry-defining IoT use cases to back them up. Hence why 2017 received a particularly warm welcome from those working in IoT. After plenty of…
Read MoreIkea wants to know how you’d feel about a robot running your home
If you put an AI in charge of your house — letting it control the lights, the alarms, the temperature, and so on — how would you want it to act? Should it be “autonomous and challenging” or “obedient and assisting”? Would you prefer if it sounded male, female, or if it was gender neutral? Should it be religious? These are just some of the questions Ikea is asking its customers in a new survey titled “Do you speak human?” The questionnaire was launched late last month by SPACE10, Ikea’s…
Read MoreBlockchain: Overhyped buzzword or real-deal enterprise solution?
IT vendors are rolling out blockchain-based capabilities, often in response to high levels of customer interest While blockchain is among the hottest technologies in the enterprise security, data storage and file-sharing arenas, many experts question its use or even whether it’s really as secure as billed. As marketplaces struggle with how best to deploy the distributed ledger technology, IT vendors are beginning to test it in their products — in some cases, as a reaction to customer inquiries rather than a proactive move. “It’s a very hot topic right now,”…
Read MoreOpen Source IoT on Steady Enterprise March
Enterprise IT decision makers have been exploring the potential of Internet of Things technologies, but they are not rushing IoT projects into development and are showing caution in their adoption commitments, according to survey results Red Hat released Wednesday. Of the 215 participants in the company’s survey, “Enterprise IoT in 2017: Steady as she goes,” 55 percent indicated that IoT was important to their organization. However, only a quarter of those organizations actually were writing project code and deploying IoT technologies. Enterprise interest in IoT has been deliberate and careful,…
Read MoreSmart Manufacturing for Smart Materials
The Industrial Internet of Things (IIoT) and smart manufacturing initiatives are accelerating the creation of new technologies, transforming global manufacturing. Like most innovation, competitive advantage and measurable, improved economics will be the biggest drivers of adoption. Enhanced sensors, data collection, analysis, visualization and interpretation will drive accelerated learning from existing processes and inform the design of new ones. This closed loop will have the power to link the entire value chain from raw material to end user and will eventually lead to continuously optimized manufacturing driven by artificial intelligence. Specifically,…
Read MoreLooking ahead at 2017
2017 is poised to be a year of incredible opportunity and excitement for developers. As we look to build upon the successes and momentum seen in the past year – with mass consumer adoption of new technologies, proliferation of connected and intelligent devices that are ‘always on’, and breakthroughs in fields such as machine learning, speech and visual recognition and autonomous vehicles – in many ways it feels like it’s 2007 at the dawn of the smartphone, but with numerous game-changing technologies instead of one. Part of what makes this…
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