What drives the profit or loss for an IoT service? People seem to be very confused about which line item is most important here.
Ubisense Group plc, a market provider in enterprise location intelligence solutions, announced a new partnership with Quuppa as part of Ubisense’s strategy to integrate location and
The first half of this two-part series looked at the concept of digital twins and explored how it can help manufacturers with visualisation. Now, says Sukamal Banerjee of HCL Technologies, let’s explore the second big advantage digital twins can bring,
Why is it that some solution vendors ‘get’ the Internet of Things (IoT) and others don’t? Is it an understanding of what customers want? Jeremy Cowan is hearing conflicting messages as network operators admit IoT is failing to meet their expectations, while solution vendors say it works well.
We have seen the benefits of IoT and many companies moving from lab projects to commercial deployments. But some companies are still reluctant to adopt IoT.
According to IDC the key barriers for pursuing IoT are: unclear ROI, Security and privacy issues. No one wants to invest in a project with risky financial return and long-term security risks.
Frost & Sullivan’s recent analysis, Global Pumps Market in the Oil and Gas Industry, Forecast to 2024, finds that there has been a concentrated focus on operational expenditure (OPEX) in the oil & gas industry following the oil price plunge in 2016.
Many enterprises have IoT devices scattered across dozens, hundreds and thousands of sites—everything from stores to branch offices to remote oil wellheads. The more sites there are, the less likely it is that a single network technology or service provider can connect them all.
IoT has the potential to transform companies from simply being product manufacturers, to becoming service providers but a sizeable investment in a new way of working needs to be cost effective and proven to deliver results.
Relying on loose concepts won’t ensure success. Plus, every company will have different pain points and business needs for implementing IoT and different [...]
Jeff Miller is vice president of PTC’s IoT Transformation Advisory Practice. He and his team help companies maximise the value of their investments in IoT technologies and solutions through transformation strategy, business insight, monetisation and programme consulting services. Here, he tells George Malim, the managing editor of IoT Now, how organisations can construct attractive [...]
Syncsort, a global provider in Big Iron to Big Data solutions, announced the results from its fourth annual Big Data survey. Results revealed the top use cases and challenges faced by organisations as they progress their modern data architecture and data lake initiatives,