Category

Internet of Things (IoT)

Mar 19
The Most Proximate Cause (Heidi Taillefer, 2008)

From Technology Adoption To Enterprise Adaptation

By Business Strategy, Internet of Things (IoT) No Comments

Technology Adoption Isn’t the Same as Adaptation.

Product companies are always highly optimistic about the rate in which customers will rush to adopt new innovation.  And they are often disappointed.

They are often disappointed and frustrated when the marketing campaigns, press releases and early-adopters sales campaigns yield just that—early adopters that appear to be perfect candidates to exploit the benefits of the new product, yet wide adoption seems to always be in the distant future.

There is always a time lag between innovation adoption and organizational adaptation. Vendors often mistake early small volume buyers and mere tire-kickers for their organization’s willingness and ability to adapt to the changes imposed by the technology and must be heeded before realizing its benefits.

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Mar 11
La Reproduction Interdite (Rene Magritte, 1937)

Industrial IoT – A Five-Year Perspective

By Internet of Things (IoT), Manufacturing No Comments

Yes, I know, one should not predict the future from history. But I recently came across a Forbes article from five years ago and thought that as we take stock of the last decade and starting a new one, it is worth visiting.

In 7 Lessons from the Internet of Things Frontier, an Oracle marketer claims that 90% of the companies looking to launch an Internet of Things initiative want their system delivered via cloud software and infrastructure. The author offers seven insights, presumably based on actual customer implementations, which are summarized below along with my comment.

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Dec 17
Detroit Industry (Diego Rivera, 1933)

Collaboration is the New Competition: Industry Consortia and Why You Should Join One!

By Business Strategy, Internet of Things (IoT) No Comments

The Hype Will Let You Down!

No business executive can escape the onslaught of breathless headlines advertising new technologies and promising a sunny future for early adopters.

Nowadays, the Internet of Things and artificial intelligence, often wrapped together in an enterprise digital transformation initiative, dominate the headlines.

Vendors, industry analysts and business experts predict a bright future and a quick return on investment in these promising technologies if you only follow a small number of seemingly simple steps. And it seems that many businesses rely on optimistic analyses and are lured by lofty promises and jump on the bandwagon for fear of missing out.

And most of them will fail.

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Nov 28
Intosite Automotive Factory Twin

Siemens Intosite – Go Digital, Go Visual

By Internet of Things (IoT), Manufacturing No Comments

The Allure of Radical Digitalization

Fueled by ubiquitous connectivity, cloud-stored data lakes and artificial intelligence-based analytics, Industry 4.0 promises to create smart factories in which interconnected manufacturing systems communicate, in real time, with production machinery, robots and human operators throughout the entire value chain.

The digitalization and automation of factory floors and supply chains give manufacturing organizations an unprecedented insight into their manufacturing operations and product performance. Rich information from plant floor equipment and advanced analytic tools help manufacturers optimize manufacturing operations and improve manufacturing capacity, yield and quality. And as manufacturing companies in the industrial world continue to battle a growing shortage of skilled workforce, pervasive digitalization and advanced optimization help streamline operations and maximize efficiency and resource utilization.

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Jul 02
Death of Socrates

Will the Internet of Things Accelerate the Development of Artificial Intelligence?

By Artificial Intelligence and Machine Learning, Internet of Things (IoT) No Comments

Artificial Intelligence and Machine Learning

Like the Internet of Things that shed its drab machine-to-machine image of a decade ago to become the cornerstone of the digital transformation movement, artificial intelligence technology is sprouting a new life from its 50-plus years old roots. (Yes, we’ve been doing artificial intelligence, admittedly with limited success, since the late 50s.)

There’s no doubt that AI has achieved impressive success over the last decade, promising a growing field of practical use of AI technology.

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