Nearly half of IT budgets will be dedicated to IoT development and implementation by 2020 as IoT services adoption continues to grow.
IT budgets are in for a significant transformation as Internet of Things (IoT) services become a top priority for businesses. By 2020, IoT should...
Forget IIoT standards, at least for now. Focus instead on interoperability and business models. An exclusive interview with Dr. Richard Soley, chairman and CEO of OMG and executive director of the Industrial Internet Consortium.
Interoperability, or lack thereof, is a major challenge when businesses set...
Many businesses lack clear IIoT implementation strategies, despite a majority viewing it as critical to future success.
Understanding the potential of the industrial "internet of things" is one thing, implementing an IIoT strategy clearly another. There is indeed a disconnect between enterprises’ IIoT goals and their...
With this newly deployed sensor network, Netherlands Railways will get data on passenger flows, which can be used to improve traveler experience and optimize the stations’ operations.
Passengers are no longer simply passing through railway stations; they work, hold meetings, shop and eat there. At...
IoT security spending is set to increase by nearly 30% this year. Cybersecurity startups to benefit from surge in investment as funding is expected to soar.
"Internet of Things" security spending is currently a relatively small market, but analyst firm Gartner estimates worldwide spending on...
VR for IIoT is coming: Hiab is planning to launch a crane operation system that uses real-time virtual reality video technology. The innovation offers safety and productivity gains.
VR for IIoT has the potential to transform many industries by enabling remote operations. Thanks to virtual reality...
IoT projects face a number of technical and business challenges. Connectivity and proving ROI are ranked as the biggest challenges by European IT professionals.
Enterprises face a number of technical and business challenges when it comes to planning and deploying "Internet of Things" projects. A survey...
IoT-centric usage-based insurance is finally coming of age and it is turning the traditional car insurance sector upside down.
Internet of Things (IoT) adoption in various vertical markets is set to disrupt traditional industries by introducing new business models. IoT-centric usage-based insurance (UBI), which...
Within the telecoms industry, views differ widely on the scale of the IoT investment opportunity
Asked at a recent conference when the Internet of Things (IoT) will make a material difference to his company’s financial performance, the CEO of one major telecoms operator replied: “Not in my...
Increase productivity with enterprise asset management cloud and data analytics tools
Companies of all sorts, particularly those working in physical plant-intensive markets, need to keep up with their equipment to understand maintenance needs, optimize process efficiency and, ideally, get more productivity for less money.
The practice...
Essentially since the advent of health care, diagnosis has been dependent on a direct, face-to-face interaction between the patient and the doctor. But now, as robust, high-capacity mobile networks transmit insightful data generated by sensors and other remote monitors comprising the "Internet of Things,"...
Enterprise and businesses are at the cusp of a major transformation, a new wave of industrialization based on IoT
IoT will involve the intersection of powerful supply and demand factors that will cause a tremendous amount of change and value creation. Beyond the economic benefits of business use-cases...
Complexities associated with IoT 'severely limits' enterprise adoption
The majority of enterprises are in the process of deploying "Internet of Things" solutions, according to recent research, but are getting caught up balancing global scalability with security, interoperability and other challenges.
San Antonio-based research firm James Brehm...
MachNation provides enterprise IoT ecosystem tips for wading through evolving market
As evident from the recent CES 2016 event, the “Internet of Things” is a booming industry directly linked to the mobile telecommunications markets ability to enable connectivity to what many are predicting will be...