IoT

IoT is squarely about two things

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Internet of Things (IoT) is one of the hottest topics today. Everyone is talking about it and how their products and services fit in with IoT. With so much discussion around the subject, a healthy amount of confusion will follow. In a nutshell, IoT presents a significant opportunity for both companies and consumers.

The purpose of this post is to break down the subject into two core areas. From there, one can delve deeper into how companies are engaging within the two categories. Within those, there are opportunities and challenges that both companies and consumer need to consider.

The two categories of of IoT:

MECHANICS

The first category of IoT solutions are what I call the mechanics. These are the solutions that connect the different devices together. It involves the end-device, data collection and transfer. Management and security layers provide governance of both the devices themselves and the data they collect and transfer.

ANALYTICS

The second category of IoT solutions move to working with the data itself. A fundamental opportunity for IoT is to gain greater insights from the data itself through analytics. Consider the sources of data and how they can provide greater insights on customers, their services and the ‘Market of One’. More data sources can lead to better decision making.

 

Granted, IoT is a complex subject with many facets. Not all tools (mechanics or analytics) are the same. There are a huge number of very specialized solutions on the market today. Before delving into IoT, understand what components are most useful for your ultimate objective. For most this will lead to a clearer path of execution and better decision making.

Tim Crawford is ranked as one of the Top 100 Most Influential Chief Information Technology Officers (#4), Top 100 Most Social CIOs (#7), Top 20 People Most Retweeted by IT Leaders (#5) and Top 100 Cloud Experts and Influencers. Tim is a strategic CIO & advisor that works with large global enterprise organizations across a number of industries including financial services, healthcare, major airlines and high-tech. Tim’s work differentiates and catapults organizations in transformative ways through the use of technology as a strategic lever. Tim takes a provocative, but pragmatic approach to the intersection of business and technology. Tim is an internationally renowned CIO thought leader including Digital Transformation, Cloud Computing, Data Analytics and Internet of Things (IoT). Tim has served as CIO and other senior IT roles with global organizations such as Konica Minolta/ All Covered, Stanford University, Knight-Ridder, Philips Electronics and National Semiconductor. Tim is also the host of the CIO In The Know (CIOitk) podcast. CIOitk is a weekly podcast that interviews CIOs on the top issues facing CIOs today. Tim holds an MBA in International Business with Honors from Golden Gate University Ageno School of Business and a Bachelor of Science degree in Computer Information Systems from Golden Gate University.

1 comment on “IoT is squarely about two things

  1. Pingback: Intel playing a key role with Cloud, Mobile, IoT & Analytics | AVOA

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