WELCOME TO The THE INTERNET OF THINGS REPORT
Future of Internet of Things - Matt Hatton, Machina Research - IoT WORLD FORUM 2013, London.
MATT HATTON | March 1, 2016
As one of the first Internet companies to call Los Angeles home, over the past 15 years Boingo has grown from a tiny LA start-up into the world’s leading small cell company, publicly traded on NASDAQ (WIFI)...
Article | March 11, 2020
Most would agree that the adoption rate of the Internet of Things (IoT) has fallen well short of predictions. Given the proven benefits that the IoT can deliver, such as preventative maintenance and real-time asset management, it’s confounding that every company isn’t well on its way to leveraging IoT. There are far more attempts to adopt the IoT than successes, says Terri Foudray, founder and CEO of Rumble, as well as several reasons that the IoT is not meeting or exceeding adoption forecasts. The culprits behind adoption failures include the lack of available talent, the overwhelming and complex volume of prospective vendors, the lack of a solid business case to define success, and the derailing of initiatives caused by unanticipated political and cultural pitfalls that often accompany enterprise-wide technology adoption.
As the industrial IoT market continues to expand at rapid rates, companies across the world are reaping the benefits. Utilizing this growing network of tools and systems, businesses have been able to prevent costly downtime, decrease product development costs, enhance customer engagement and satisfaction and acquire and implement intelligent data for strategic planning purposes.The potential benefits are seemingly endless, and the list of organizations that are embracing this industrial revolution is continuing to grow, so let’s highlight some of the main IIoT companies you need to know for a number of the most common IIoT use cases.
WISeKey International Holding Ltd., cybersecurity delivering Integrated Security Platforms, announced that it has registered a total of 23 new strategic patents in US which are essential to the digital transformation applications that are fueling the growth in the IoT market.With a rich portfolio of more than 46 patent families, covering over 100 fundamental individual patents, and another 22 patents under review, WISeKey continues to expand its technology footprint in various domains including the design of secure chips, near field communication (NFC), the development of security firmware and backend software, the secure management of data, the improvement of security protocols between connected objects and advanced cryptography.
When people think of AI, it's easy to jump to the many possible uses seen in movies -- such as accessing secret areas with biometric data or robots completing human jobs -- but applying AI realistically requires architects and administrators to understand just how flexible AI is in a business setting. Tech leaders have rapidly increased the number of AI and IoT projects in many areas of their businesses, including customer experience, data analysis and security. When organizations apply AI into these different aspects, they can more effectively process the IoT data they create and further improve their operations and products. Popular movies have made customer experience AI one of the better-known examples of AI. Ads may not be as flashy as the personally tailored ones using customer biometrics as seen in The Minority Report, but it's easy to see how organizations will get there from the online ads that use AI to give consumers offers specific to their interests. Businesses use AI that learns from data analytics on customer behavior throughout the IoT customer journey.
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