Subscribe to our Newsletter | To Post On IoT Central, Click here


iot (211)

With so many companies and people on the search for the "IoT killer app” for a decade, and nobody has found it yet ☹. You can be sure that I do not either, otherwise I would not be writing this article and I will be furiously developing it.

Most companies are anxiously looking for the killer IoT app/solution, which their IoT reps could sell in volume to their enterprise customers. The bad news for them: “ there’s no true “killer app” for IoT and that any company can create the right killer app to solves a business need of a customer or a whole industry.

Nevertheles we can not avoid that some people think pet care or fitness could be the "killer app" for IoT, while others instead think that the killer IoT app winners will be in Verticals like predictive maintenance in manufacturing, smart home or smart city solutions and also I had read funny opinions that considers measuring Temperature and Humidity seem the killer application for most of the IoT industry. The comment is comical but at the same time ironic. In the absence of bright or innovative ideas it seems that we would have discovered the fire when we install sensors and we are able to visualize temperature and humidity in real time on the screen of our smartphone.

Instead of continuing to dream of finding the Holy Grail of the IoT, I think it will be more productive to analyse by categories what are the possible IoT applications that exist and if I am enlightened try to guess which application would be the milk to launch myself to develop it without fearThese are the 5 categories to search for the IoT horizontal Killer app:

  1. IoT-Search
  2. IoT-Messaging
  3. IoT-Security
  4. IoT-Commerce
  5. IoT-Social

Summary

Search for the killer IoT horizontal application is a chimera given the definition of the IoT. However, the challenges that the IoT has to achieve that 50 billion machines can be found, communicate safely through various networks, socialize and favour the monetization of its services, open great opportunities for hardware and software engineers to develop different killer applications. And I'm sure some will find it. I wish I could be part of one of them.

Thanks for your Likes, Comments and Shares

Read more…

5 IIoT Use Cases from Global Leaders

“I talk to a dozen or more companies involved in IoT every week. One thing they all have in common is their desire for the projected IoT volumes and revenues to come to fruition...the sooner the better”.

Mike Krell

Analyst at Moor Insights & Strategy covering the Internet of Things, Forbes.

 

Internet of things has always been functioning in a context of business transformation.

If you’re in business, just read on, as we are to have several working IIoT solutions to consider right now.

 

To be successful today you need to:

  1. really love what you do;
  2. move with the times;
  3. make the IIoT technology a part of your business development plan;
  4. and find an Industrial IoT company for you to cooperate with.

Here I gathered 5 IIoT solutions implemented by global industry leaders and the key examples of their efficient cooperation with IoT developers:

 

#1 Predictive Maintenance for Wind Energy

 

The IIoT solution is projected to be implemented into the maintenance of wind energy. The smart wind turbines will be applied to reveal how employees can get additional insights by using ML about the equipment performance in different conditions. Thus, smart sensors are supposed to give the information in a real-life regime.

The system can give reliable statistics for the future planning and help to replace vital parts of the engines during the less windy periods:

Source: Schaeffler Group & IBM

 

#2 Health Detectors for Caterpillar Equipments

 

Recently, the American machinery and equipment giant, Caterpillar implemented a new IIoT solution to help its customers better understand the workability and health of the equipment. It should also be said that the company uses IoT solutions for tracking fuel efficiency, idle times, location, and many more. The new project lets clients directly address the company maintenance service and timely repair the sensitive spots by using the IoT platform.

The end-to-end platform for predictive diagnostics allows for better monitoring and timely replacement of the interchangeable parts. The Caterpillar CEO, Doug Oberhelman supposes the IIoT, which is primarily applied to the fleet and fuel monitoring, will take the clients offering to the next level.

 

#3 Airbus Smart Manufacturing

 

You know the biggest European aircraft manufacturer has already applied the IoT solutions to its products. Today Airbus is working at implementing the IIoT to the tools its workers use during the manufacturing process.

For this reason, Airbus opts to involve its employees and the factory floor. The workers will manage to use smart tablets or glasses to evaluate a task and then send the data to a robotic tool that will finish it.

Jean-Bernard Henz, the head of PLM R&T Innovation at Airbus ICT, says the IoT platform manufacturing will speed up the processes and improve the reliability of the production.

 

#4 Siemens -- a 75% automated plant

 

You know the Siemens AG plant is a part of a concerted effort by the German government to develop fully automated factories. Guess what? Siemens is claimed to be 75% automated with 1,150+ employees on board.

All the employees are mainly operating computers and monitoring the process of manufacturing by using the IIoT solutions. Sinalytics, which is a critical component of the IIoT Platform was implemented in 2015. Today Siemens continues developing the Web of System, which directly connects devices to the open Internet and with each other. Besides, Siemens launched a new company in 2016 that is named Innovations AG. The company is dedicated to the search and support of the emerging start-ups that can be a good technological investment for Siemens. This has influenced the factory efficiency, opened the new technological opportunities and reduced costs.

https://twitter.com/Siemens/status/935795639472021506

 

#5 ThyssenKrupp Elevates IIoT Implementation

 

The CGI global tech firm claims ‘that thing is an elevator’ for the company. Well, let’s see it. Having joined forces with Microsoft and CGI, the ThyssenKrupp Elevator company has now obtained a predictive maintenance for elevators manufacturing.

The IIoT solution securely connects tens of thousands of sensors and elevators systems across the plant. The technology allows for monitoring every stage of production starting from motor temperature and finishing with shaft alignment. The real-life IIoT gathered data lets the company identify vulnerabilities and repair them before an actual breakdown occurs:

https://twitter.com/thyssenkrupp_en/status/964787252629946368

 

What’s the bottom line?

IIoT solutions undoubtedly contribute to production efficiency. The predictive maintenance and pre-emptive repair, manufacturing automation and further spending cuts are just a tiny bit of what I recorded here.

I am almost done here...

Feel like you have something to tell about your IIoT use case?

Drop me a line below!

Read more…

 

The Internet of Things — or IoT — is taking the IT sector by storm. Although it only boasted two billion systems in 2006, it's set to reach 200 billion connected devices by 2020 — and even more beyond that.

As companies and consumers all continue to explore the benefits of the IoT, one thing has become clear: the IoT needs proper encryption.

Given the sheer amount of online and network-oriented threats today — including everything from traditional viruses to advanced malware and malicious computer coding — data encryption is necessary to ensure the long-term success of the IoT.

Establishing these protocols while the IoT is still in its infancy will provide additional integrity to IoT-fueled projects and generate increased interest in the platform as a whole.

Overcoming the Roadblocks to Success

Modern society is well on its way to embracing the IoT for everything from industrial automation to in-home convenience, but there are two significant roadblocks to the platform's success.

1. Power Consumption

Today's IoT networks, which contain servers, access points and peripheral devices, consume enormous amounts of power altogether, but some tools require more power than others. 

While traditional network-level encryption tools are optimized for larger systems and infrastructure, they don't always scale down to smaller formats in an efficient or viable manner.

Developing a chip with higher energy efficiency and the ability to scale down minimizes the strain on current and local power grids and makes it easier to secure individual devices via existing encryption methods. 

2. Data Security

Consumers have received an enormous dose of reality in the 21st century. Those who haven't fallen victim to a cyber attack or hack probably know someone who has. The number of data breaches involving consumer information is troubling.

There are even rumors of foreign entities interfering with U.S. elections, including the 2016 election of President Donald Trump. Data security is in the spotlight now more than ever before, and it's a tremendous obstacle for the IoT to overcome.

However, a new chip manufactured by the team at MIT solves both of these problems. Not only does it focus specifically on public-key encryption — a straightforward and user-friendly method of modern encryption — but it also consumes 1/400 of the power of comparable chips.

It also uses 90% less memory than current chips, which lets researchers execute commands and complete processes up to 500 times faster.

Encrypting Consumer Data via Mathematics

The newest chip utilizes elliptic-curve encryption. It's a highly sophisticated, dominant form of data security often used in HTTPS connections. MIT's latest advancement efficiently breaks this system down for use on the individual devices that comprise the IoT.

As noted by the team at MIT, "cryptographers are coming up with curves with different properties."

The new chip is flexible enough to support all the known curves in use today, giving it maximum compatibility with different organizational and governmental standards. The team hopes to implement additional support for any future curves, as well.

Making Advancements in Artificial Intelligence

The team at MIT is also making headlines in the area of artificial intelligence (AI). Between self-driving cars and increased automation both in the factory and the home, AI is a hotbed of debate. Whether consumers are in favor of automation or against the idea altogether, one thing is for sure: AI-driven robots must operate by an acceptable set of ethical standards.

Just like encryption, it's a subject that invites multiple interpretation and solutions.

To spur development into the future of AI ethics and programming, MIT recently took a poll of the online public. By seeking the input of the average consumer, the school hopes to play an essential role in how next-gen robotics make decisions, prioritize tasks and interact with their human counterparts on a daily basis.

How MIT Is Safeguarding Our Future

Between the increased need for data security and sophisticated AI, IT experts have their work cut out for them.

The work of individuals and groups like the team at MIT is already making headway into these areas, but society is only at the beginning of what will likely become a long-term, complicated relationship with technology.

Image by Kevin Ku

Read more…

 

 

IoT security challenges

 

IoT is a complex network of billions of Internet-connected devices that collect and transmit huge amounts of data across of a wide range of devices (sensors, robots, machinery, mobile apps, digital assistants, etc.) and integrated systems. Also, the data have to pass different administrative boundaries with different policies. Certainly, all of it creates challenges for protecting the IoT ecosystem.

First, companies and organizations have to ensure privacy and confidentiality of user data. Second, data communications should be protected at all levels. So, when building an IoT solution, take care of the “right” data delivery including the right place, time, and form. Third, make all interactions traced and monitored so that suspicious activities will be instantly detected.

There are many IoT security risks and challenges you should know and prevent when developing an IoT project. In terms of increased worry about cyber attacks and data privacy, companies have to establish new security models and integrate innovative technologies. In the IoT world, the use of Blockchain is an emerging trend promising to solve most or even all of IoT security issues.

 

What is Blockchain

 

Blockchain is a technology of the distributed ledger that maintains a continuously increasing number of transactions. Representing an immutable and inconvertible record and being based on cryptographic algorithms, Blockchain provides data security and protects data.

As Blockchain is decentralized, there is no central authority or regulatory body required for transaction approval and management. A distributed technology nature makes computer servers to come to a consensus, allowing transactions to be carried out anonymously and without intermediaries.

Blockchain is also about trust: cryptography is used to prevent technical data forge and distortion. In the chain of blocks, each block contains a hash serving as a link to the previous one. Thus, it’s impossible to substitute an intermediate block in the finished chain.

So, Blockchain provides a high-security level. While the tool is the same, it has many successful applications in a variety of business industries. Mika Lammi, Kinno’s Head of IoT Business Development, Kouvola Innovation Ltd, said: “I believe Blockchain to be one of the truly disruptive and innovative application areas in the world now, and that it will create huge waves across all imaginable business sectors”.

 

Blockchain and IoT

 

Coming up with decentralized, autonomous, and data protection capabilities, Blockchain has a great potential to secure the IoT ecosystem. In the Internet of Things, Blockchain can keep an immutable record of connected devices’ activities and automatically maintain the history of their communications.

What’s more, by integrating the technology, companies and organizations can allow trustless safe message exchanges between IoT devices. In this case, Blockchain will work like in financial transactions: data is transmitted between multiple devices and delivered to the places required. To enable peer-to-peer messaging, businesses can integrate Ethereum smart contracts serving as the agreement between two parties.

For example, let’s take Blockchain and IoT linked together to improve manufacturing operations. Here the use of Blockchain can enable smart devices to not only exchange data, but even automatically execute financial transactions. IoT devices monitor machinery and equipment health, alert managers about problems, and order repairs when required.

In the agriculture industry, farmers can place IoT devices to collect data about crops in order to ensure an efficient functioning of the irrigation system. Smart contracts describe how the solution parts (analytics system, sensors, etc.) should behave based on the conditions defined. This approach helps provide automatic water management.

 

Blockchain advantages for IoT security:

 

  1. Immutable record of all data communications
  2. Monitoring of suspicious activities
  3. Prevention of data forge and distortion
  4. Peer-to-peer messaging between IoT devices
  5. Autonomous functioning of smart devices

 

Today, Blockchain is one of the most promising trends in IoT security field. Decentralized and data protection capabilities make Blockchain a perfect part of IoT solutions. Understanding the technology prospects, many companies have already integrated Blockchain to solve IoT security challenges.

Read more…

Be careful of the Walking Dead of IoT

Those who follow my articles know that I like to make comparisons between the IoT and TV shows and movies. For this article, I have selected the famous show "The Walking Dead" (TWD).

When preparing this article, I read this piece “The Real Walking Dead: Surviving the Software-Defined Zombie Apocalypse” by Scott Noteboom and I thought, well, I am not alone. As Scott, I see a lot of similarities between IoT technology and biology.

Many companies are thinking about their survival after the apocalypse that will be produced by the mix of IoT, AI and Blockchain. CEOs, must make decisions that prevent their companies from disappearing or worse becoming walking dead. And one of the most important will be choose their travel companions well, in order to build a strong ecosystem capable of resist the most adverse scenarios one might think.

IoT solutions that companies need to implement to survive the apocalypse are composed of many apparently simple blocks (devices, protocols, edge computing, fog computing, communication networks, platforms, cloud, analytics, AI, Machine Learning, blockchain, security, applications). But the selection of the vendors and the integration of all of them in the business processes, systems and organizations of companies is complex and there are few companies who can boast of having achieved it.

You probably are tired of hearing that the IoT is very complicated and the ecosystem is very fragmented. You feel that many will become walking dead. But, no one has the crystal ball to know who will be the IoT companies are going to continue within 10 years, not even within 1, 2 or 3 years. Some of them are perhaps in the phase of becoming, when just a couple of years ago they were in good health and of they enjoyed the sympathy of the analysts.

If you have been living in a sanctuary, isolated, it will not last for a long time. You will receive soon the visit of survivors and walking dead. You have to decide to accept or fight the survivors and you must protect your community against the zombies.

The good news is that you are not alone. During the last 5 years I have lived 24x7 by and for the IoT. I have been monitoring and analyzing the IoT landscape. I have seen many IoT start-ups appear and some disappear. We have seen large companies make absurd purchases, or sell IoT businesses when they have not been able to obtain the expected return.

That´s why I am able to provide wise advice and recommendation to avoid from being trapped by partnerships with potentials Walking Dead of the IoT and help you build robust and scalable IoT solutions.

Do not walk blind alone among The Walking Dead of IoT

Read more…

 

The Internet of Things plays an important role in today’s life, affecting a plenty of businesses and changing the way we work, live, and entertain. Coming up with workflow automation, remote equipment monitoring, inventory tracking, and real-time data collection, IoT promises to bring innovation in various industries.

Understanding high IoT potential, companies and corporations invest in IoT projects, startups, and initiatives. According to New IDC Spending Guide, the worldwide IoT spending is predicted to reach nearly $1.4 trillion in 2021. What’s more, Gartner research expects the number of IoT-enabled devices will be about 21 billion by 2020.

Though IoT provides many advantages and opportunities, there remain IoT security risks and challenges, that now are of the highest concern. Since today almost everything can be hacked, businesses have to look for and integrate new security mechanisms allowing to ensure data and device protection.

 

The main IoT security risks

 

1. Data Leaks

Smart devices collect and transmit various data that may involve such important information as credit card numbers, zip codes, customer locations, camera images, IP addresses, and much more. A leakage of private/personal/business/financial data can lead a company to money and reputation losses, and harm people’s lives.

2. User verification

Misconfiguration and default passwords use are common reasons for the appearance of device/data vulnerabilities. That’s why engineers should implement the ability for customers to create their own passwords while establishing the highest level of password reliability that all users have to follow.

3. Lack of regulations

Unfortunately, there are often no regulations for IoT devices. The creation of a standards-based approach to security should be a top-priority task for companies, organizations, and even governments.

4. Unknown surveillance

Often unprotected IoT devices can be accessed by any remote user or at least can be easily hacked. The consequences can be poor: for instance, streaming and selling private videos and images (including those from stores, shopping centers, etc.).

 

IoT security recommendations

 

1. Focus on data traffic monitoring. Imagine a cloud IoT solution, that monitors both inbound and outbound traffic, traces all suspicious activities, blocks unsafe communications, instantly alerts users and the central system about potential problems, and prevents data leaks.

2. Implement end-to-end encryption in your application, the most reliable way to protect user data. Famous mobile messengers WhatsApp and Viber added the support of e2e encryption long ago. If your project implies many data/user communications, you can use this approach too.

3. Use reliable tools that help ensure data confidentiality and privacy as well as build a secure and scalable data storage. Integrate a feature of suspicious activity and malicious code monitoring. For example, today we can see an increasing use of AI technology for real-time security monitoring.

4. Focus on testing activities. When developing an IoT solution, pay a lot of attention to the testing/QA process. It’s much better to prevent any security issues at the pre-release stage than waste time for bug fixing after.

5. Integrate a Blockchain decentralized approach. Since Blockchain is based on cryptographic algorithms, it helps protect and manage data. Blockchain has all transactions (interactions) recorded, so the history of smart devices will be also recorded. At the moment, the use of Blockchain for securing the Internet of Things is one of the emerging and most promising trends.

 

As you see, there are really good ways to minimize IoT security vulnerabilities. Here I should note that one of the best recommendations for developing a successful IoT project is to apply to a reliable IT company that would focus on security and data privacy issues. Also, when choosing the company, pay attention whether it meets the GDPR requirements, which will be especially important from the regulation enforcement on May 25, 2018.

 

Read more…

The Invisible Threat to Your Health - IOT

Consider the normal hospital or home care scenario today. A patient—your patient—is receiving different therapy intravenously. That IV fluid is being administered using a pump known as an infusion pump.

Today those infusion pumps are connected to a network of devices on a hospital’s internet network.

Now consider the ramifications of an outsider hacking into the network and controlling all of the devices on that network, as well as being able to access all of the medical records on the network and to create a serious danger to the hospital and all of the connected patients. It’s a threat that is invisible and one that you don’t really think about but the potential is there.

It’s a scenario that is more than plausible, it’s actually taken place. There have been insulin pumps hacked multiple times.  Johnson & Johnson became the first company to warn their users about the potential for hacks in their insulin pumps.

Billy Rios wrote about it for Bloomberg and even the FDA has taken notice, very recently stating that they knew that there were problems with medical devices and that sufficient security in those devices was probably not in place. They said that the current regulations and the current controls were not enough.

Recently the FDA released a set of guidelines that were designed to assist in this conundrum. They are encouraging all medical device manufacturers to make their cyber-security stronger and to ensure that clients and patients could not be damaged by hacks to products.

This was in response to Executive Order 13636 and Presidential Policy Directive 21,but it was also a response to the many cyber-security experts who have written directives and voiced their concerns about the problems inherent in connected medical devices.

There are dozens of problems with IoT medical devices and their ability to be hacked, but it isn’t just medical devices that are used directly for patient treatment. Other problems have been found in devices such as x-ray machines and MRI machines that allow them to be breached and require a fix in order to ensure patient safety.

Despite actual white hat hacks and security concerns voiced by experts, many legal experts say that the harm caused or the potential to harm is pure speculation. Reed Smith partner Steven Bornian believes that no medical device will ever be completely secure and that no IoT or medical device risk may be completely eradicated. That means legislating the security for them simple is not feasible, but still that seems to be the way that governments are heading.

The FDA has, for now, focused their approach to this problem on encouraging companies to offer workarounds for the user and temporary fixes if there is a breach. They believe this may be better than trying to regulate or legislate companies to prevent the breaches entirely, which many experts say may be impossible.

That isn’t going to be a long lasting solution because even as we discuss it, things are changing. Countries are seeking the right legislation for use in protecting the data and the patients who use medical devices. Having an on-board cybersecurity specialist is going to be imperative for any company offering connected devices in the near future. Is your company ready?

Read more…

Healthcare is undeniably one of the most important industries. The quality of medical treatment and patient care directly impact the quality of life. The integration of innovative technological solutions in the domain brings workflow automation, patient treatment, operation, and service improvement.

IoT plays a huge role in the healthcare. By 2020 the global IoT healthcare market is predicted to reach $163.24 billion. At the moment, 60% of healthcare providers have already adopted IoT applications and successfully use them in their work.

According to Aruba Networks research, healthcare organizations implement IoT applications mainly for patient monitoring and maintenance (73%) and remote operation and control (50%).

There is a wide range of IoT medical solutions effectively used by healthcare providers: wearables, smart pills, smart beds, biosensors, robots, glucose measurement devices, equipment monitoring devices, remote monitoring systems, RTHS (Real-time Health Systems), and more.

The connected hospital

There is a variety of IoT use cases for hospitals to integrate and make the environment totally connected. RFID and IoT-enabled devices, IoT-enabled assets and traditional IoT cross-industry applications including predictive maintenance of hospital assets, connected equipment, gathering real-time data, and tracking of healthcare devices. Going deeper there is robotics for routine tasks and complex operations.

Concerning examples, monitoring of medical equipment allows to track its “health”, predict, when some part will need replacement, alert about breaks, and automatically order repairs when required.

Beacons and motion sensors enable healthcare providers to track medical equipment, employees, and even patients in real-time, resulting in the improvement of patient care, right estimations of staff work efficiency and patient health status, and a lot more.

Speaking of connected patients, IoT technology can be successfully used for sending them automatic reminders about taking medication, health check-ups, and appointments with mobile applications. Thus, connected IoT hospitals result in more advanced data, enhanced patient treatment, cost savings, and workflow automation.

Read more…

Securing our Future Energy - with IOT

 Is our Oil Production Too Reliant on Big Data? Are “Digital Oil Fields” Vulnerable in a Big Way?

The ‘digital oil field” is growing dramatically. In 2011 the market was about 18.7 billion. By 2014 it had grown to 24.6 billion dollars and at this rate of growth it is projected to be at 33 billion by 2022.

There are myriad benefits to the digital oil fields. Speed, efficiency and lower cost are but a few. Today, control rooms, devices used to manage the production plants, refineries, pipelines and even oil producing substations as well as the wells themselves are digital. They are using high speed data links, video technology and even digitally managed drilling rigs to bring us the energy that we need.

Still further upstream, we’re seeing drilling resources, computer assisted well fracturing and preventive maintenance seen on the wells. Each of these areas has the capacity to be hacked or breached in some way and untold damage done to our energy supply as well as many other things.

According to the Journal of Petroleum Technology, the offshore oil fields can create more than ¾ of a terabyte of data every single day. Oil fields and reserves are becoming much more rare. Companies are literally scrambling in order to keep ahead of their competition.

IHS CERA says that digital oilfield implementation means that companies may achieve more than 25 percent savings in the cost of operation using digital technology and they may see about 8-10 percent higher production. As oil fields become much rarer, the production boost will make the difference between having enough energy and an energy shortage.

The National Grid and the utilities that we depend on every day are dependent on computers. It’s a given that anything that is reliant upon computers can be vulnerable to very significant threats from hackers and other nefarious creatures.

The oil and gas companies around the world are increasingly dependent on computers and that means they are a big target. The oil and gas fields today are so reliant that it’s become a source of great concern for regulatory bodies as well as those who rely heavily on the production.

Multiple attacks against oil and gas have already taken place.In July of 2014, A Russian hacker group targeted energy companies with Energetic Bear Virus. Physical systems were disabled and energy consumption monitoring took place.

Other attacks include DDoS attacks and even ransomware. ABI Research did a study that predicted that by 2018, just a year from now that attacks against the oil and gas sector will drive nearly 2 billion dollars in security spending.

What other kinds of attacks could take place using the oil and gas sector? How can we halt this and what will it take to prevent problems from taking place. It is imperative that gas and oil develop the capacity to protect against cyber attacks and to prevent major risks?

Do you believe legislating cybersecurity -forcing companies to secure their devices is the right answer or or is there a better way to accomplish that?

 

Read more…

Blockchain and IIoT

 

Blockchain and IoT both are present in the Gartner’s Hype Cycle 2017.

Clubbing Blockchain and IoT bring the Intelligent Digital Mesh

The Intelligent Digital Mesh

Gartner calls the entwining of people, devices, content, and services the intelligent digital mesh. It’s enabled by digital models, business platforms and a rich, intelligent set of services to support digital business.

Intelligent: How AI is seeping into virtually every technology and with a defined, well-scoped focus can allow more dynamic, flexible and potentially autonomous systems.

Digital: Blending the virtual and real worlds to create an immersive digitally enhanced and connected environment.

Mesh: The connections between an expanding set of people, business, devices, content and services to deliver digital outcomes [2]

 

What is Industrial IoT? 

The term industrial Internet of things (IIoT) is often encountered in the manufacturing industries, referring to the industrial subset of the IoT.

Uses cases of Industrial IoT

Industrial Internet of Things brings a lot of advantages some of them are listed below:

  • Predictive & Proactive maintenance
  • Real-Time Monitoring
  • Asset/Resource Optimization
  • Remote Diagnosis

but all these are under the security threat. Blockchain has begun to have a significant influence on the Internet of Things by enhancing security, empowering the incorporation of an increasing number of devices into the ecosystem. The enhancements in IoT device security facilitate faster adoption of this revolutionary innovation and will open up a wide range of possibilities for enterprises in the days to come.

 

Blockchain and IIoT

IIoT solutions using blockchain can be built to maintain a continuously growing list of cryptographically secured data records protected against alteration and modification. It can set up trust, accountability, and transparency while streamlining business processes.

 

1. Blockchain reducing the cost of IIoT Solution 

It is important for IoT edge devices to reduce processing overhead and eliminate the 'middle man' (IoT gateways) from the procedure. Communication, data exchanges, and device information are conducted on a peer-to-peer basis, removing any additional traditional protocol, hardware, or communication overhead costs.

 

 2. Blockchain confirm and enable the trust

Blockchain empowering Industrial IoT solution with trust. It empowers devices to engage in transactions and communications with trusted parties. While device A may not know device B, and may not believe it verifiably, a permanent record of exchanges and information from devices stored on the blockchain confirm and enable the vital trust for organizations, individuals, and devices to cooperate.

 

3. Accelerate Data Exchanges 

Blockchain eliminates the role of “ IoT gateway” or an intermediate device, which helps in improving data exchange in the process of data transfer. Peer-to-peer device based contracts and ledgers (blockchain) decrease time required to complete device information exchange and processing time.

 

4. Blockchain scaled security in  IIoT Solution 

Decentralized technologies hold great promise for a system that needs to handle storing and retrieving information of millions—if not billions—of connected devices. These future systems have to provide low latency, high throughput, querying, permissions, and decentralized control

 

 

Conclusion

Blockchain and IoT Solution in the Framework - 

Ease of Implementation and Business Impact

High Business Impact and Ease of Implementation put this in the Quick win quadrant.

For Industrial Implementation- Lot of Frameworks, options are available from Ethereum to Hyperledger. IBM Hyperledger Fabric development in the past few months is noticeable.

Ease of Blockchain Implementation is a business challenge rather than a test of technology implementation as it involves connecting multiple parties across multiple processes.  

 

 

References:

  1. https://www.gartner.com/smarterwithgartner/top-trends-in-the-gartner-hype-cycle-for-emerging-technologies-2017/
  2. https://www.gartner.com/smarterwithgartner/gartner-top-10-strategic-technology-trends-for-2018/
Read more…

The past decade witnessed the emergence of two of the most significant technologies- virtual reality and Internet of Things.

Virtual reality refers to the use of technology to counterfeit an environment where the digital world seems real. It aims to place the user inside an experience, consequently enabling them to interact with the 3D worlds. On the other hand, Internet of Things is all about making real-world objects connect and manipulate in the digital world.

While both these technologies work to bring augmented ease to our lives, it's the convergence of the two that offer the most promising opportunities. Becoming quickly enmeshed in the prevailing times, the two disruptive technologies have largely revolutionized the industrial platform.

The meeting point of the two technologies boasts of immense potential. Let’s understand this with some examples.

1) Telepresence

The encroachment of telepresence depicts the colossal potential of the confluence of IoT and VR. If we talk about a typical video conference, the system includes a monitor screen, sound system, and codec. You can add additional speakers or a projector screen to improve the video conference experience. However, with telepresence, it is not the same.

With an aim to extend near lifelike audio and video quality, telepresence leverages compound multi-codec, multi-monitor, and multi-speakers. It has successfully transformed the way we can communicate with others over long distances. It offers the ability to look and move freely within a real-world environment, giving the illusion of actually being present there.

Telepresence has efficaciously eliminated the time and financial constraints related to travel. Offering all the benefits of a face-to-face interaction, it has made long-distance meetings exceedingly convenient.

2) Virtual Smart Cities

An increasing number of cities around the world are looking to become “smart” in order to improve comfort, reduce costs and consumption of resources and augment the quality of life of its citizens. Consequently, for the concept to materialize, it is significant that Internet of Things along with its accessibility to public grows. This will enable adequate accurate data to be amassed in cities for analysis and forecasting.

Moving ahead, these cities need to be integrated into a well-controlled virtual environment. This will allow an accurate analysis of the prevailing city conditions as well as help in making predictions of the impending future scenario. Thus, any kind of risk or disaster can be effectively monitored to simulate its effects.

3) Healthcare

The union of VR and IoT technologies has greatly assisted the healthcare field by bringing improved ease to patients as well as doctors. A competent example of this is robotic-assisted surgery, which has been in use for quite some time now. Also known as da Vinci Surgical System, it allows the surgeons to perform a least invasive surgery. A camera along with a few tools is inserted into the body through a relatively small opening that allows the surgeon to get a full view of the operating area without exposing the patient to the ordeal of a large incision.

The system includes a 3D HD vision system and small wristed devices that revolve and bend much better than the human hand, thus enabling improved vision, control, and accuracy.

But, this is just the beginning. It is anticipated that VR surgeries will soon control real da Vinci systems, permitting surgeons to operate on patients while sitting in their offices.

Final Thoughts

Considering the potential of the two technologies, more and more companies are investing into the development of new applications of both virtual reality and internet of things and because of that, in past several years so many IoT App development companies has been evolved in the market. In the following year, it is predicted to see a growing number of integration of smart objects within virtual simulations, for purposes such as leisure, training, or damage prevention.

 

Read more…

The Meltdown and Spectre microprocessor bugs not only compromise billions of desktops, laptops, servers, clouds, tablets and smartphones, they also put tens of billions more embedded, IoT, and control systems at risk.

Read more…

The IoT is one of those amazing bits of technology that will give us a remarkable edge. It will also cut both ways. It is automating many jobs and making them much easier to do and offering very lucrative jobs for those who are in possession of the right skill set.

Still, its unavoidable that IoT is going to kill many jobs. In manufacturing alone the IoT is going to eliminate millions of jobs as they are replaced by what machines can do.

Add to that the fact that IoT and cognitive computing combined are going to threaten many top level and very prestigious positions as our advancing computers learn how to do jobs that require thought as opposed to just mechanical tasks.

Make AI and IoT Work Harder to Your Benefit. 

The intelligent employee is going to try to find the best way to leverage the changes in AI and the rapidly growing power of IoT. Thomas Davenport, professor at Babson College recommends that employees who are concerned about losing their jobs look for ways to use the power of AI and IoT as opposed to allowing it to automate jobs alone.

Tap Into Crowd Powe . 

According to Tripp Braden who recruits for Strategic Performance Partner ” “Most businesses are built on the idea of an ideal worker being like an eagle, strong, self-motivated, and independent worker.” The typical model is becoming a lot more team powered and companies and individuals need to take advantage of that in order to future proof their jobs.

Tamara McCleary agreed with that assessment. “As we head into a new age, we are disrupting the notion of one job being completely distinct from another. IoT is also leading to shifts in collaboration between fields,” McCleary continued to state that . “It is breaking down barriers between different fields such as big data, security, energy and utilities, smart buildings, and industrial manufacturing. And for many companies, IoT is enabling a transition from product to services. This shift demands more skill versatility from workers.”

Be an Expert in Your Field and Constantly Learn.

Its not enough to become an expert, but you must also learn consistently and continue to grow in your chosen career field. If some area of that field is being automated, becoming an expert in the automation and how it can benefit your company is going to future proof your job and keep you ahead of the game.

Build Your Own Brand. 

Become what is known as a thought leader in your area. Even if you don’t know all that there is to know about Iot or AI, get great professional head shots. Build your brand on LinkedIn and also on social media such as Facebook and Twitter. If you’re visible only on LinkedIn, with just 184 million users and you are conspicuously absent on Facebook (1.5 billion users) then you’re not doing as much as you could be to build that brand and surpass the other thought leaders in your arena.

Make Smart Choices.

Whatever business you are in, make smart choices and decisions that will future proof your job. Gather as much data as you can and use it to make better business decisions that will show you up as a leader in thought and in action.

Be Creative and Be Forward Thinking.

What works today in IoT and your job isn’t going to work tomorrow. Be willing to adapt in order to overcome obstacles and problems in your job. In order to future proof your position, you’re going to have to be willing to change as rapidly and as dramatically as IoT is changing.

Read more…

The Internet of Things is now widely used in a wide array of business verticals like manufacturing, healthcare, logistics, and more. According to the latest research data, the number of IoT connected devices, which made up ~4,9 million things in 2015, reached the point of ~3,9 billion in 2016.

Concerning AR, Statista predicts at least three various scenarios of AR/VR growth, but they all forecast the economic impact amounting ~$29,5 billion in 2020. Having reached the decision of developing your own IoT or AR software, you need to get heads up about the pitfalls of starting this new business solution development.

Major AR and IoT solutions’ programming challenges.

Challenges may be divided into several categories: high-level business obstacles and application development problems along with the solution’s further maintenance and enhancement. The first group may include the following issues:

  • Unclear business benefits;
  • Insufficient funding;
  • A poor go-to-market strategy, and more;

While it’s quite clear how to avoid business-level problems, it’s also worth taking into account the challenges which arise during the software development process itself. The average IoT obstacles may include:

  • Infrastructure problems (devices, gateways, platforms);
  • Security concern;
  • Cross-platform compatibility;
  • Lack of support, and more.

AR development challenges encompass:

  • AR hardware;
  • Generated content;
  • Security issues, and more;

With reference to the latest Cisco’s survey, only 26% of IoT projects considered as successful by their developers, whereas more than 50% reach the jumping-off place at the strategy crafting stage. One of the key AR challenges is to correlate virtual data with the real environment, which can bring even a leading vendor to a screwjob. For this very reason, it’s critically important to have an idea of technology development nuances.

Nevertheless, the latest statistics on the number of the internet connected devices and the AR technology in various spheres shows that a business owner is a targeted consumer for the outputs. This gives extra room for the IoT and AR initiatives:

Statistics reveals the amount of investment made worldwide in IoT by sectors during 2015-2020.


Statistics shows AR technology’s market share by business spheres.

2 notable IoT/AR use cases

In the context of solving the task, below are the two living examples of successful solutions to take into account while initiating your own development project.

E.g.: IoT mobile app for smart buildings and yachts management:

The idea was to develop a highly customizable system allowing to manage numerous connected devices in smart buildings/yachts.

Challenge:

A necessity to run a proprietary protocol in remoteness from real devices.

Solution:

Multiple devices installed within a building/yacht were united into a single smart system. A proprietary text protocol which provided smooth communication between the user interface and the backend was applied for infrastructure visualization configuration, gateways, and IR-gateways communication. This permitted cutting down on customizing the part of UI for each client.

The developed IoT application allowed for managing a chain of devices, including surveillance cameras (change the angles, zoom in/out), lighting, media systems, smart locks, and more via an Android-based mobile app. This led to essential energy and budget economy. The product is now being enhanced by integrating more smart devices into the system. A similar solution may be implemented in any smart home, hotel, or yacht to introduce automation and analysis to the existing infrastructure.

E.g.: Equipment maintenance and service mobile app with augmented reality

The idea was to develop a mobile app compatible with numerous platforms, which would give a possibility to maintain complex industrial equipment single-handedly.

Challenge:

A necessity to ensure image recognition with absolute accuracy.

Solution:

To create a repair or service guide, a user takes a photo of the equipment as a first step. Then the image is processed by Metaio SDK, which is a basis for its further recognition by the app. The built-in image recognition helps to save on painstaking programming and therefore additional investments on the part of the user.

Afterward, each of the required equipment part scenes is supplied with a step-by-step guide by means of animated, drag-and-drop 3D objects, such as a nut, a screwdriver, etc. The system allows to include text information, as well as images and videos in the instructions. Finally, the app’s user gets the complete instructions by simply pointing the device’s camera at the equipment that needs repair. A similar solution may be applicable to any industrial enterprise, healthcare organization, or any other vertical which requires urgent fixes and updates.

The bottom line

Any AR and IoT application development challenges may be addressed with a well-thought-out plan for development, implementation, and further maintenance and enhancement. The quantity of IoT and AR applications is skyrocketing and the above examples are a living proof of the system’s effectiveness in different business spheres.

Read more…

The Human touch of IoT´s CEOs

A few days before Christmas holidays, I received an email from a customer that said “... I want to tell you that I have really appreciated your help, your professional approach and your “human touch”: they are as important as knowledge is …”.

Moved by the Christmas spirit that surround us these days, made me change my priorities of publishing the next articles and I decided to dedicate a few lines to what I consider a very important issue: What is the human touch value of the CEOs in the IoT?

I do not intend to convert this article into an analysis of the types of CEOs, or a list of the best CEOs of IoT companies (for that there will be time). 

My objective today is in making IoT´s CEOs aware, especially those of large multinationals, of their responsibility to print a human touch on their actions and decisions. Not only will the stability and quality of work of millions of people depend on them, but also the conservation of our planet in favourable conditions for future generations.

The Human touch of IoT´s CEOs to save the World

Global Warming is very real.  Even if greenhouse gas concentrations stabilized today, the planet would continue to warm by about 0.6°C over the next century because of greenhouses gases already in the atmosphere. Its effects are already so visible that no one doubts its catastrophic consequences.

We know that the IoT can help in many ways to monitor and control Global Warning, and there are many great stories of how companies are making use of IoT technology to help save water, money … and the planet. 

In  the article “3 ways businesses can use the internet of things to save the environment“, Jayraj Nair - Global Head of IoT, Vice President Wipro-, suggest  a few steps that business leaders could take to lessen the effects of these barriers and set their companies on the right path to become champions of a more sustainable and connected future.

1.       Emphasize digital citizenship and individual responsibility

2.       Share knowledge and resources across departments

3.       Collaborate to create guidelines for tech development

We should reward those IoT´s CEOs who follow the slogan “ We develop the IoT that Save the World!..

The Human touch of IoT´s CEOs to build ethic AI

When I wrote  “Internet of Things – Kings and Servants” I gave great importance to the CEOs visionaries of the companies that were destined to change the world of the 21st century. CEOs like Sundar Pichai (Google) or Satya Nadella (Microsoft) have been responsible from conceptual shift for their companies, moving from “mobile strategy” to “cloud and artificial intelligence”.

Could we avoid psychopath and sociopath robots? CEOs of the Tech Giants companies need to influence in developers of AI the human touch. We do not want to live with fear surrounding by not ethic AI machines and robots. 

IoT´s CEOs involved in Artificial Intelligence must believe that machines and robots will help us to be better people. They need to boost the challenge in our future society and make sure that their Robots and Artificial Intelligence not only pursue productivity and profit but also other values eg justice, opportunity, freedom, compassion.

The Human touch of IoT´s CEOs to ensure democracy

We cannot conceive democracy today without the free use of technology. Technology, on the other hand, that is more difficult to control by citizens. Is it possible to democratize the technology, not only the Internet of Things? Could we avoid that a handful of companies come to dominate the Technology? and therefore our Democracies.

The temptation of the power is great in the IoT´s CEOs of the companies that manipulate huge amount of data of the people, of the intelligent devices at their whim.

I thought at some point that the Countries could prevent the creation of these monsters, but their powers already transcend the States. I fear that the fight of egos, in the heights in which these CEOs live, give priority to the Highlander philosophy "Only one can be left!" And drag the dormant democracies for their technology into the vacuum of complacency.

Today more than ever, we need CEOs with a human touch that ensures the health of our democracies.

The Human touch of IoT´s CEOs to ensure equality of job opportunities

Which IoT companies have a culture that allow dissent between the CEOs and the employees? IoT´s CEOs need to understand that people are not going to do what they want them to do unless I engender equal commitment and passion on their part.

I have worked for many years in different technology companies, and I have regrettably proved that their business cultures, far from differentiating themselves, are more and more similar.

We all know cases of companies, including those of IoT, that abuse salaries of interns or inexperienced employees, but the problem of overqualification when applying to a new job is no less true. Many of us have heard numerous times: Sorry, you are overqualified. Not sure I can manage you.

I am convinced that a human touch on the part of the CEOs would help to correct these endemic problems of the current business culture. What are you waiting for?

The Human touch of CEOs to ensure a dignified life for the elderly

I was wondering a few years ago with the Smart Cities hype, How will be our life as retired workers in the Smart Cities we are building?.

In light of what I'm seeing, there are currently not many IoT´s CEOs that are worrying about the elderly. Of course, because, they consume less, they produce less, they do not understand the technology created for millennials or the digital native, the generations that is going to change the world.

Considering that all IoT´s CEOs, or at least that's what I want, will also be older people, a human touch in the investment of technology for the elderly will now make their lives more dignified in a few years.

Summary

In a time where digital premium on the physical, where business results are required not every quarter, but every day, in a time of robots, cryptocurrencies, virtual reality it is not easy to be a CEO with human touch. But to save the World, to make sure we build ethical AI, to ensure democracy in the technology, to ensure equality of job opportunities, to ensure a dignified life for the elderly, we need their human touch.

 

Thanks for your Likes, Comments and Shares

Read more…

With Internet of Things (IoT) progressively taking its strong hold in the industrial sector, let us find out how companies are making the most of it.  

Back in 2014, a report issued by the top management consultant company, Accenture predicted that by 2020 investment in the Industrial IoT would reach around $500 billion.  A combination of powerful data processing, cheap sensors, and machine learning has allowed the companies the leverage the Internet of Things (IoT) in industrial sector to make their industrial processes more efficient and significantly smarter than ever. 

Nowhere is IoT leveraged more so than in the rail industry, which is one of the most lucrative and profit-driven industries all over the world.  Previously rail operators would only be able to fix any problem that had visibly broken, however with the advent of IoT in industrial sector, the province of predictive maintenance has enabled operators to identify and fix any issue before services need to be stopped for the time being.  Today, it is increasingly common for all the other industries allowing companies to monitor and analyze data generated from the IoT devices, and if any changes found in data, companies can accurately predict future performance issues.  

Smarter Transportation 

It comes as no surprise that capturing, monitoring and analyzing of big data can provide industrial companies with a host of advantages. You might know that French rail provider SNCF is the biggest company that is trying to leverage big data in industrial IoT. They have started working on several projects that aim to capitalize on big data to achieve a number of things, including:  

• Predict maintenance requirements more accurately

• Integrate data from across the organization

• Improving visibility of asset health

• Reduce instances of unscheduled maintenance 

Smart Maintenance  

Smart maintenance has already shown itself in various early case studies on how to use data to make management of networks more efficient and smarter. For example, a Finnish company Sharper Shape has been using drones to map utility networks. They are leveraging big data, IoT and machine learning to identify those trees that are at high risk of falling onto the power lines. In an interview, the CEO of Finnish company Sharper Shape, Tero Heinonen said that using drones instead of humans to identify the trees that are at high risk of falling onto the power lines can cut costs by up to 30%. Moreover, drones can perform this task faster than humans.  

With the kind of predictive maintenance and monitoring programs discussed in this blog post, we can say that network faults will become a thing of the past. Don’t you think so? However, if you also want to be a part industrial IoT, learn IoT Training and Analytics online from a reputed institute. 

With Internet of Things (IoT) progressively taking its strong hold in the industrial sector, let us find out how companies are making the most of it.  

 

Back in 2014, a report issued by the top management consultant company, Accenture predicted that by 2020 investment in the Industrial IoT would reach around $500 billion.  A combination of powerful data processing, cheap sensors, and machine learning has allowed the companies the leverage the Internet of Things (IoT) in industrial sector to make their industrial processes more efficient and significantly smarter than ever.

Nowhere is IoT leveraged more so than in the rail industry, which is one of the most lucrative and profit-driven industries all over the world.  Previously rail operators would only be able to fix any problem that had visibly broken, however with the advent of IoT in industrial sector, the province of predictive maintenance has enabled operators to identify and fix any issue before services need to be stopped for the time being.  Today, it is increasingly common for all the other industries allowing companies to monitor and analyze data generated from the IoT devices, and if any changes found in data, companies can accurately predict future performance issues.  

Smarter Transportation

It comes as no surprise that capturing, monitoring and analyzing of big data can provide industrial companies with a host of advantages. You might know that French rail provider SNCF is the biggest company that is trying to leverage big data in industrial IoT. They have started working on several projects that aim to capitalize on big data to achieve a number of things, including:  

·         Predict maintenance requirements more accurately

·         Integrate data from across the organization

·         Improving visibility of asset health

·         Reduce instances of unscheduled maintenance

Smart Maintenance  

 

Smart maintenance has already shown itself in various early case studies on how to use data to make management of networks more efficient and smarter. For example, a Finnish company Sharper Shape has been using drones to map utility networks. They are leveraging big data, IoT and machine learning to identify those trees that are at high risk of falling onto the power lines. In an interview, the CEO of Finnish company Sharper Shape, Tero Heinonen said that using drones instead of humans to identify the trees that are at high risk of falling onto the power lines can cut costs by up to 30%. Moreover, drones can perform this task faster than humans.  

 

With the kind of predictive maintenance and monitoring programs discussed in this blog post, we can say that network faults will become a thing of the past. Don’t you think so? However, if you also want to be a part industrial IoT, learn IoT Training and Analytics online from a reputed institute. 

Bottom of Form

Read more…

It’s no secret that data breaches are on the rise. In fact, there have been more data breaches than ever before. Medical data breaches are proven to cost more than any other type of breach, costing about 400 dollars per record.

Data breaches are rising dramatically putting them on the agenda for most C-suite and corporate boards. Customer information is being lost, trade secrets are being sold and confidential assets being breached can significantly lower customer loyalty and trust as well as definitely lower the reputation of those companies which were breached. They can also give the competition a significant advantage.

These aren’t the only things that companies have at stake. The many different types of cyber-security risks make cyber-security a vastly complicated problem. In fact attempting to protect the many different frameworks and CMS and private networks is fraught with other complications to layer on top of the complexities.

Today, governments are seeking ways to stem the tide of breaches and break-ins by creating new legislation that provides for specific levels of security and best practices for companies.

This tidal wave of governments and new cybersecurity regs and recommendations make additional problems in and of themselves. The United States government alone has proposed more than 200 bills (actually 240 at last count.) This includes legislative proposals for ways to deal with cyber-security. This number of mandates and proposals have taken place in just the past three years alone and the number continues to rise.

The proposals fall into a wide range of categories. In some cases the proposals are that companies implement direct requirements for protection. One example of this is that companies in the critical infrastructure arena are going to be facing requirements for security in the US and in the UK and EU as well. They will have specific requirements for risk assessment, control and for personnel training. The question is how can a country legislate a level of security when that level cannot be guaranteed by any company. There are even “trade secret” protection laws in the works that require companies to take “reasonable steps” in order to keep information about the programs and devices safe from cyber threats—though what those steps are is another unknown.

In addition to legislating the devices and services that are being legislated, share holders are becoming more demanding that companies safeguard medical and technical information. That means that securities laws as they relate to new IoT devices and services are also being legislated. In the United States, some measure of shareholder litigation as well as SEC proposals and enforcement are already launched and seeing some effect.

With all of the changes and the advances in technology, it’s no surprise that legislation will follow. Is your company ready for the changes that are being made in IoT and internet services?

According to Brink News, “The rising tide of cybersecurity regulation and recommendations complicates the landscape for companies.”

The National Institute of Standards or NIST, offers one of the most comprehensive tools for managing the risks involved in information security. Even the federal government agencies of the US are embracing it wholeheartedly. In a survey undertaken by Dell, more than 80 percent of professionals in the security arena are using the NIST framework for improving their own security, which makes it a great place to start for companies which are trying to come into line and ensure their compliance to the expected new regulations.

According to the experts, the NIST method and framework may well be the guideline that the courts and legislators will use to determine whether companies in the IoT and IT business are doing their best to secure devices and provide for data security.

There are other standards that are entering into play such as the ISO 27001 which is being used by many companies. The standard is different structurally than the NIST Framework though NIST makes reference to the ISO requirements in their own framework.

What is your company doing to secure their data and IoT devices? How are you set up to come into line with the regulations and legislation that is sure to be just around the corner?

Every company should be taking steps now to implement some type of protection to meet the ever changing threats as well as the ever changing cyber-security regulations.

Read more…

Once a shepherd had two horses. One was strong and fast, another one was slow and weak. The shepherd instead of looking after the weak one and trying to make him fit, he preferred riding the healthy one and taking him almost everywhere. He also fed him better which in long-term led the healthy horse to become heavy and feel lethargic all the time. Later the healthy one became sick and the shepherd then instead of having healthy horse has to deal with two sick and weak horses.

What does this story have to do with digitalization? Well, this is our approach to the whole idea of digitalization and its implementation worldwide. Instead of investing time and resources and bringing the idea of digitalization to the underdeveloped nation or the “weak horse”, we are feeding the already “healthy horse” or the developed nation with fascinating ideas and projects which might result into sickness in the long term. The early symptoms of this sickness can already be witnessed. A World Economic Forum (ref:weforum.org) report says that labour markets will witness a net loss of over 5 million jobs in 15 major developed and emerging economies. Is this in line with the idea of digitalization? 

The World witnessed more than 4.000 ransomware attacks per day in 2016 (ref:Justice.gov) which approx. 300% more than that in 2015. This since we made the whole IT infrastructure more vulnerable to such attacks by simply connecting every electronic device to the internet. Are we just simply neglecting the side effects of digitalization? 

Being not able to read your power meter values on your smartphone is not a problem as compared to not having access to water and electricity due to scarcity. Being not able to sit in a self-driven car is not a problem as compared to be stuck in traffic jam in peak summer for hours and breathing exhaust gases all the time. These are some of the typical problems of the underdeveloped or developing nations. The question which the Gurus of digitalization should address is that if the idea of digitalization/IoT for industry/IT giants are about to create business and thus pushing up the turn over, then why not boosting digitalization across such nations by diverting the resources there. This is far better than making own factories intelligent and then laying down hundreds or thousands of hardworking and loyal employees.  

Here are some of the typical problems of the under-developed or emerging nations, the answer to which could be well-implemented digitalization. 

Corruption: According to an IMF report more than $ 1 trillion dollars is paid in bribes each year around the world with underdeveloped and developing countries topping the list of being the most corrupt nations. People in these nations pay up to 13 percent of their income to bribes which later discourages them from services made available by the government. Corruption is the root cause of crime in many countries and acts like a fuel to poverty and social inequality. Institutes worldwide are trying their best to strictly monitor and thus eliminate corruption worldwide, unfortunately without much success until now. This, however, might change in future. Experts nowadays are betting on the invention of blockchain to fight corruption. The blockchain is a centralized technology which offers full transaction transparency, thus providing no room for fraud or capital manipulation. Blockchain implementation, however, demands a solid digital infrastructure which in my opinion is an area where IT communication network provider should look into.

Image courtesy: Wikicommons

 

Commodity wastage or theft: Water and electricity to two important needs of every society. Their scarcity or theft leads to a major human rights problem. The figures about water scarcity worldwide are very alarming with some 780 million (ref: Water.org) people having no access to clean and safe water. One of the major reason for water scarcity is wastage or theft in emerging/underdeveloped nations. The electricity theft worldwide touched $89 billion (ref: Northeast Group LLC) annually in 2015 with India, Brazil and Russia being the top 3 nations with highest losses. With an introduction of smart water and electric meters along with in-built sensors, certain startups are trying to monitor the overall water and electricity supply and consumption. Based on which a customer profile can be generated so that any irregularities can be immediately reputed to the consumer as well as the respective authorities. This again needs support from government and the industry without which it will take ages to tackle the mentioned problem.

Image courtesy: Wikicommons

 

Landfills: Seems like the never-ending problem of nations with poor or insufficient infrastructure People in some of these nations spend their lives in an area surrounded by a heap of waste or landfills. This is there exist no proper waste management plan due to lack of manpower or resources. This bottleneck can, however, be eliminated by daily tracking and monitoring of location (webcams) with landfills and adjusting the waste management plan accordingly. Here, for instance, the resources can be diverted to a location with a frequent buildup of waste. This, however, demands a strong digital infrastructure which can only be established if government and industry work together.

 Image courtesy: Wikicommons

Street crimes are on the rise in nations with higher social inequality. Authorities in these nations feel helpless due to the degree and frequency of crime happening every day versus the available manpower. Interestingly, the biggest problem is that many of these crimes go unreported since people in these nations have lost their faith in government/authorities/police. The legal structure in these countries needs a face-lift which can be achieved by digitalization the complete process of monitoring, documenting of crime and its prosecution. The street light camera or public surveillance camera project in the US is a good example of crime monitoring here. The public surveillance camera installed in Baltimore and Chicago (ref: Urban.org) region not only resulted in reduced crime but also proven to be cost-effective than the conventional way. A cloud-based complain lodging system can be established allowing the verified victim to lodge complain straight via smartphone. A digital platform managing all these complains based on degree or severity of the crime as well as the date of occurrence can be created.

Healthcare: Proper healthcare is still considered as a luxury in many of underdeveloped/developing nations. Approximately 80 percent (ref: facts and details.com) of people in these nations rely on public hospitals for treatment. These hospitals are often running over-capacity and are ill-equipped.  A healthcare digital platform which integrates the existing database of all the hospitals in the region along with a list of their respective treatment capabilities, services could ensure the even distribution of patient load in these hospitals. Thus allowing treatment to each and very needy individual without any delay. Access to a healthcare App coupled with the platform can allow the patient to see which hospital nearby has an available bed and a doctor and can provide him/her with an option of online booking. 

Uncontrolled traffic: Interestingly an ongoing problem of developing countries. With four-wheeler getting cheaper and infrastructure narrower day by day, the traffic condition in these countries is on the verge of a breakdown. Traffic jams and road accidents are on increase with pollution level due to an increased number of vehicles on road, reaching new peaks. Equipping traffic lights with infrared sensors or webcams can help the authorities to divert the traffic in case of traffic congestion. Moreover, long-term monitoring (analytics) can be beneficial in planning infrastructural change, road buildups in regions where traffic jams are frequent. Car sharing/renting/hiring apps should be promoted. By combing the complete transportation system along with consumer profile, one can monitor the user segment preferring public transportation over own. This segment can then be rewarded in form of discounted bus/train/metro tickets or by means of an annual grant.

Image courtesy: Wikicommons

The list of problems of these nations is long but properly implemented digitalization along with the synergy between government and industry could be the answer to all of these problems. We should not repeat the mistake of the shepherd and should help the weak horse to be as fit as the healthy horse. Only this way we can achieve social and economic balance across the world. 

Read more…