The Internet of Things is rapidly becoming a reality. Increasingly, everyday items are connected to the Internet ranging from smart thermostats to smart toothbrushes. In the coming years, the number of smart devices in our household could grow drastically as Gartner predicts that a typical home could contain more than 500 smart devices by 2022. The falling costs of sensors and the upcoming domotica platforms such as Apple’s Homekit will contribute to this growth. However, this is just the beginning. IDC expects the market for the Internet of Things to grow to $ 3 trillion by 2020, with [...]
The Internet of Things, Industrial Internet, Internet of Everything, no matter how you name it, the future connected world will change everything and create massive amounts of sensor data. According to Cisco, it is going to be a $ 19 trillion market within the coming decade. This includes a projected $ 2.9 trillion for the Industrial Internet.
For manufacturers, the Internet of Things (IoT) will mean using sensor data to optimize manufacturing processes and improving products. According to Stefan Groschupf, CEO of Big Data Startup Datameer, manufacturers need to “investigate and [...]
An industry that is expected to add $ 19 trillion to the Global GDP will definitely have an impact on all aspects of an organization. As such the Internet of Things will revolutionize marketing. Within a few years, thanks to the Internet of Things, a marketer’s job will look totally different than today. When products are connected to the Internet, it means that we can start communicating with those products and that opens a whole new world of exciting possibilities for marketers:
Talk with Your Products
Think of the possibilities that are created when brands will track your engagement [...]
The Internet of Things is heading our way and it is heading here fast! In the past years we have seen that the Internet of Things (IoT) is really taking of and we can safely say that we are about to reach a tipping point. Any industry is currently working on connected devices. Ranging from connected cutlery (HAPIfork), smart locks for your door (August) or for your bike (SkyLock), connected toothbrush (Oral-B) to connected jewels (Wistiki).
The supply of connected devices is tremendous and the ones just mentioned are only those for consumers. Also the industries such as the mining industry [...]
The Internet of Things will offer organizations tremendous value and will provide consumers with fantastic benefits. However, the Internet of Things also comes with a wide variety of cyber risks that could harm organizations and consumers who work with the IoT.
In order to protect your organization from these cyber risks you should have the right data governance procedures in place to protect the data that is generated by IoT devices. However, which data governance measures you should take depends on the different cyber risks that could affect your IoT business. And there are quite a few [...]
It is the end of the year again and that means it is time for the Big Data trends for next year. I did that for 2014, I did it for 2015 and now it is time for 2016. What is awaiting us in 2016? Which Big Data trends will have an impact on the global Big Data domain? How will Big Data affect organizations in 2016? Let’s have a look at seven of the most important Big Data trends for the year 2016.
1. The Rise of the Algorithms
Big Data is out, Algorithms are in. Data has become a commodity and every organization is capable of collecting and storing vast amounts of data.[...]
In the past years I have seen a flood of information on data lakes and it looks like it is becoming as much of a buzzword as Big Data. I described data lakes as a growing trend in 2015 – stating that it was time for organizations to experiment with data lakes. But are we seeing much progress?
Sure, organizations like Facebook, Google and Yahoo have advanced considerably and their developers experience numerous benefits using data lakes. But what does it actually mean - a data lake - and what are the benefits of it? And are ‘offline’ organizations such as retailers and [...]
Siemens is a 168-years old engineering company that has prepared itself for the future. While most consumers might know Siemens from washing machines and electronic equipment, that image is largely out-dated. Today, Siemens manufactures trains, power plant equipment, healthcare equipment and offers a wide range of smart software solutions.
In the past decade, they have really moved forward and combined their engineering capability with great new analytical capabilities to really help their customers perform better. Let's look at three examples of how they are changing the game for the [...]
In 1952, when the NSA was founded, they quickly employed thousands of cryptologists to deal with the massive amounts of data that was flowing into the organization. Since then, governments from around the world have been analyzing large streams of data. Therefore, it does not come as a surprise, that the armed forces have also been using data, and more lately big data, to gather intelligence and optimize the organization.
There are a lot of opportunities for the armed forces when they start using Big Data analytics. These advantages can be found within organizational efficiencies, regarding[...]