Will banks catch the curve of the machine-to-machine economy?
We are now at the tipping point. Technologies like IoT, autonomous vehicles, drones, robots or 3D printers will “people” this brave new machine-to-machine (M2M) economy.Core information and communication devices, which have been traditionally confined to boxes (PCs, smart phones, tablets etc) are increasingly embedded in all types of artefacts making our homes, offices, cars, trains, public spaces and cities “smarter”.Today we have two types of customers, individuals and corporates. Now with the rise of the machine-to-machine economy, a new customer segment of machines is arising.”
“Our assumption is that these M2M economies will be orchestrated as transactions on the blockchain. And the prerequisite to be part of the machine-to-machine economy is to have an integrated IoT and blockchain strategy and a footprint in both, IoT and blockchain space.”
Find out more on this post from IBT
How the Cloud Fosters Smart, Connected Manufacturing
Industry 4.0, Industries 4.0, or the fourth industrial revolution, is the automation and data exchange in manufacturing technologies, creating what many refer to as a “smart factory.” Although analysts claim that less than one percent of all production data is ever used, the promise of the Industrial Internet of Things (IIoT) is the ability to analyze huge amounts of data to identify patterns like tool wear or equipment fatigue. This insight gives manufacturers the predictive capability that can improve quality, productivity, and downtime. The key here is connecting data throughout the enterprise to provide insights for improving business processes.
Connected manufacturing is the foundation and the cloud is the key requirement, connecting not only your plant floor, but also connecting the plant floor to the top floor. You can run your entire manufacturing business via the cloud: plant floor production control intertwined with end-to-end inventory traceability, closed-loop quality connected with product lifecycle management, planning, finance, human resources, and supply chain management.
Find out more on this post from CIO.
The Platform of Things: The Mega IoT Platforms Land Grab
Platforms are important for IoT market growth because they standardize key functions such as application development, connectivity and device management. The typical PaaS package includes freemium access to APIs, SDKs, templates, libraries and tools, built on cloud resources for scalability and public cloud for testing and development. Platforms are a cost-effective route to advanced services such as connectors to back-office ERP, analytics, security and even blockchain pay-as-you-go. SaaS applications then inject the vertical specific capabilities on top. However, with a plethora of platforms out there, is there danger they will become commodities?
Find out more on this post from Forbes.
Complementary Technologies Enabling Effective IoT solutions
Internet of Things (IoT) is a path breaking new technology wave that is affecting our daily lives in ways unimaginable before. With Sensors, Cloud and Analytics, we are now able to provide solutions which were otherwise impossible. We are also able to give customers, strategic insights into their lives like never before.
For example IoT deployments can bring disruptive changes to retail industry. Retailers are exploring ways to use intelligent, connected devices to offer new services, enhance customer experiences, enter new markets and improve supply chain by creating digital ecosystems.
Find out more on this post from PAASMER
Big Money in The Internet of Things: A Mid-Year Report
While the numbers and percentages involving the Internet of Things are large, they are nothing compared to the dollars involved. $348 million will be Security spending on the Internet of Things this year (Gartner) and $547 million will be Security spending on the Internet of Things in 2018 (Gartner)
Find out more onresearch around the IoT moneythis post from MediaPost
GE is bringing its Internet of Things platform to Microsoft’s cloud
Jeff Immelt, GE’s chief executive, appeared on the stage of Microsoft Corp.’s annual partner event in Torontowith Satya Nadella to announce that their firms are joining forces to help organizations analyze the vast volumes of data coming off the connected universe.The collaboration will see GE’s Predix platform-as-a-service stack, a Cloud Foundry distribution specifically optimized for handling machine-generated logs, made available on Microsoft Azure by the end of the year. The vendors then plan to test the port with a limited number of users for another six months or so before making it generally availability in the second quarter of 2017.
Find out more on this post from Silicon angle
Arm Holdings confirms Softbank is buying the chip designer for £24.3B in bold IoT move
Arm Holdings confirmed that Japan’s Softbank Group has offered to pay £24.3 billion ($32 billion) to acquire the company — known for its chip designs for mobile handsets (Apple is a customer) as well as for processors that will power hardware in Internet of Things networks. It’s the IoT piece that interests Softbank the most, the company said.
Find out more on this post from Techcrunch