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IoT Central Digest, August 15, 2016

Articles on wireless standards, finance, and medical devices are just some of the stories highlighted in this issue IoT Central Digest. If you're interested in being featured, we always welcome your contributions on all things IoT Infrastructure, IoT Application Development, IoT Data and IoT Security, and more. All members can post on IoT Central. Consider contributing today. Our guidelines are here.

How IoT Will Transform The Automotive Industry

Posted by Luke Ryan

Here’s a glimpse of how IoT connectivity, smart sensors and gadgets, edge computing, mobile apps and cloud services will revolutionize how you interact with and use your car.

Behold the great possibilities of the Internet of Medical Things (IoMT)

By Rick Blaisdell

Unlike other industries, healthcare has been relatively conservative and slow in embracing innovations like cloud computing and the IoT, but that is starting to change, especially if we think about the past years. Innovative tech products and services are more and more part of our daily lives, making it harder for healthcare providers to ignore the potential advantages of connected medical devices.

Realizing the Elusive Value promised by the Internet of Things – An Economic Perspective

By Anirban Kundu

Much has been said about the value at stake and new growth opportunities presented by the Internet of Things trend. A Cisco estimates puts this at $ 14.4 Trillion opportunity where as a new McKinsey survey values this around $ 6.2 Trillion by 2025. One thing which comes undisputed from various reports across analyst’s community is the significant addition to the global GDP, trade volumes and new opportunities which would be created across sectors and industries.  Most reports in unison claim the benefits of the Internet of Things and the far reaching consequences this would have for the city we live in, the buildings we work and live in to the vehicles we drive. Every aspect of our experience with the physical world would be re-imagined from the way we work, our shopping experience, our medical services to the purchase of the insurance and banking services.

Global IoT Market Grows Again Says Machina Research

Posted by David Oro

UK-based Machina Research is adding to the mix of predictions for IOT with a new Global IoT Market research report. Their headline today: Global Internet of Things market to grow to 27 billion devices, generating USD3 trillion revenue in 2025.

Does IoT Need Wireless?

By Wade Sarver

Hell yeah! Don’t get me wrong, you could use CAT 5 to connect most of this stuff, but the idea is to have the equipment everywhere and talking all the time, or at least when we need to. They need to be wireless controlled for it to work properly and to be autonomous. What fun would a drone be if you needed to have a copper line connected to it. The FCC laid out their plan to sunset copper lines. I did a lot of work on them but I won’t miss them because wireless is so cool! If you like copper so much, then put that smartphone down and use a landline, if you can find one.

Thoughts on IoT and Finance

By Javier Saade

IoT, smart devices, wearables, mobile technology and nanotech - yes, nanotech - are forcing financial services incumbents and challengers to rethink every aspect of their value chains.  Those value chains are getting to be exponentially more distributed and automated.   Increased digitization means more data being generated, from all kinds of places at an accelerating rate.   IoT, regardless of your perspective, promises to enable the development of new value-added services to improve and automate user engagement, customer acquisition and service delivery - everywhere at all times.  

Data Analysis for Running the Business the Intelligent Way

Posted by Marcus Jensen 

Our very own selves from so little as a decade ago could not even comprehend the amount of information we are exposed to on a daily basis. Everything from planners to weather information is nowadays absorbed through technology. The amount of data that circulates our daily lives can turn out overwhelming; however, if used intelligently, it can bring upon a world of help when running a business.

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