I'm reading a McKinsey report from May 2013 that talks about 12 disruptive
technologies, including cloud computing and the Internet of Things (IoT).
I'll focus on the IoT here.
The report estimates the IoT Internet to be worth between $2.7 and $6.2
trillion by the year 2025.(The world's combined GDP is about $72 trillion
today.) When it comes to the IoT, the report says there could be 50 billion
new devices connected to the Internet by 2025, or maybe a trillion. Give or
With all due respect, these numbers are nonsense, perhaps, and irrelvant,
doubtlessly. It does no one any good to estimate things within a few trillion
dollars or a factor of 20X.
We also have no idea what the world will look like politically more than a
decade from now. Will the year 2025 harken the beginning of Hillary Clinton's
third term as President of the United States? Or perhaps the Cr... (more)
It occurred to me, as I'm sure it's occurred to most of you, that driving a
car is a classic example of the IoT in action. In this case, my brain is the
CPU, and all of my car's gauges are the things.
I was making a routine 30-minute drive to raid a local vegetable stand. As I
processed all the information coming in, I realized there were several
dimensions to it. The same principle is at work with IoT projects, no matter
what their scale.
One of the classic charts/concepts widely used in information management is
determining urgency vs. importance. Urgent & important things are r... (more)
The agreement between IBM and Apple to collaborate on mobility and Big Data
will certainly rank as one of the big stories of the year in global
enterprise IT. In addition to Apple's devices and IBM's custom apps, an
absolute key to this deal will be telecommunications.
As we all know, what we call Information Technology (IT) in the US is
generally referred to as Information and Communications Technology (ICT)
throughout the world, demonstrating telco's importance to the whole
Thus, we were fortunate to speak about the IBM/Apple deal recently with
Robert Fox (pictured... (more)
We are formally announcing the IoT Project Framework at @ThingsExpo Nov 4-6
in Santa Clara, CA. it will feature four overriding goals for the IoT in the
1. To reduce poverty & disease
2. To eliminate violence as a way of settling disputes
3. To spur beneficial economic development in all corners of the world
4. To produce political and societal leaders who will maintain progress
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I had a fun conversation with Mark Van Rijmenam (@VanRijmenam) (pictured
below) a couple of weeks ago about cloud computing, Big Data, and the IoT.
Mark runs BigData-Startups.com in Den Haag, Netherlands. We were mutually
amused that he had chosen the name Think Bigger for his new book just as I
had chosen that name for a recent IoT piece.
His book is now out, and can be found on Amazon. Mark sees as I do, an
enormous opportunity for manufacturers with Big Data and IoT. He lives in a
region of Europe known as the Randstad, encompassing 7 million people within
3,200 square miles ... (more)