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Weekly Digest on Internet of Things

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Kavitha Gopalan

Are IoT Investments Finally Paying Off?
According to the fourth annual “2016 Vodafone IoT Barometer report,” companies are seeing their IoT activities fuel revenue growth, and, as a result, they are increasing their IoT spend. “We’ve moved from simply adopting internet of things technologies to realizing the true business value that IoT can bring to organizations,” said Andrew Morawski, Vodafone’s head of IoT for the Americas. “Whether it’s connected supply chains for manufacturers, smart office capabilities for employees, or a connected home for consumers, businesses are seeing significant results from their IoT deployments, changing the way they do business and even facilitating new partnerships to serve customers in new ways.”
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Fog Computing the Path Ahead for IOT
If the reliance on cloud computing, as the foundation for IOT is continued, then this massive volume of data could throw new challenges like latency, bandwidth consumption, security and so on… The whole purpose of IOT could be defeated if there are latencies in delivering data. A connected smoke alarm sending a few seconds delayed message of smoke detection is of no use, the computing and decisions should be real time. This becomes more critical to Industrial scenario where several sensors attached to devices need to send data to cloud for processing and storage. Real time feedback and action is important if an impeding failure needs to be detected. Any latency or bandwidth issue could lead to huge impact.
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What is the Industrial Internet, and What Does it Mean for You?
The industrial Internet is so powerful that an estimated 50 billion devices will be connected by 2020 and have a huge impact on the global economy and international GDP. One example of the industrial Internet in action comes from GE’s connection to nearly $12 billion of large assets around the world. Using a central data center, GE representatives can monitor the machines, input their actions, and then use that information to make the process more efficient. Using collected data, the industrial Internet can run a series of analytics to predict future failures in the equipment and alert companies to issues before they arise.
Find out more on this postfrom Inc

Why On Earth Is Google Building A New Operating System From Scratch?
Last week, a group of Googlers did something strange: They quietly revealed a new operating system that theoretically competes with Google’s own Android OS.
Dubbed Fuchsia, the open-source OS-in-progress could run on everything from lightweight, single-purpose devices (think ATMs and GPS units) all the way up to desktop computers. But unlike Android, Fuchsia isn’t based on Linux, nor is it derived from any of the other software that underpins nearly all personal computing and communications today. Instead, it’s an attempt to start from scratch.
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10 Steps To Implementing A Successful Enterprise IoT Strategy
Designing a successful IoT strategy could be very challenging for an enterprise. Unlike other software initiatives, which IT owns and controls, IoT deployments span multiple business units and operational teams.Some of the factors that negatively impact IoT projects include lack of collaboration among IT teams and OT teams, confusing choice of technologies, lack of interoperability with existing business applications, and more importantly, lack of alignment with the overall business goals.
Find out more on this post from Forbes

How To Manage Risk In An Interconnected World
When everyone — and everything — becomes interconnected, how will that change risk? Will new risks emerge and old ones disappear? And what do both insurers and insurance customers need to do about it?Many companies are woefully unprepared for the digital future as we enter the cognitive computing era of business. Not only do they struggle with risk management, but their employees’ digital skills are inadequate. Within the next decade, only 44 percent of our respondents believe their workforce will have the adequate skills to cope with digital interconnectedness and associated risks, up from just 27 percent today.
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Intel Joule is a high performance Atom-powered IoT module targeted at hardware developers
Intel’s Developer Forum (IDF) is underway at San Francisco, and Intel has some good news for hardware developers working in the IoT space. It has unveiled Joule, which is a high performance Atom powered IoT kit. Intel Joule is the successor to the Intel’s Galileo, Edison and Curie line of IoT kits which were based on the Intel Quark SoC

Intel is hoping the Joule module to be used in applications as varied as drones, robotics and with support from Intel’s RealSense technology to be used in VR and AR applications as well.
Find out more on this post from Firstpost

Beyond the Jargon: The Future of IoT and Retail
In a 2015 survey conducted by Boston-based Retail Systems Research, retailers were asked which challenges would persuade them to consider IoT solutions for their stores.Given cost-, margin- and growth-based challenges, retailers chose growth. They gave top value to IoT data analytics to help them manage growth-related challenges. Differentiating their brands and monitoring consumer price sensitivity were their top-rated uses for IoT.Modern technology gives us several ways to slice, dice and analyse retail data. The differences lie in data volume, speed of analysis and where the data comes from.
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