Things to the Rescue in Combating Waste
Nov 18, 2013
Business enthusiasm for connected Things is related to new opportunities to combat waste in the broadest sense of the term. Lost time and attention, lost energy and money, machines that are shut down for maintenance too quickly, etc. This waste occurs among all parties: clients, suppliers, governmental bodies, service providers and the manufacturing industry. New ecosystems of connected Things, aimed at collaboration in the fight to reduce waste, make Things unique. You should direct your efforts at the triad of combating waste, building autonomous systems, and intensive client interaction.
SMACT
We would not have come this far without the boost of Social, Mobile, Analytics and Cloud. SMAC has revolutionized the information society and made many more aspects of society ready for the extra T of connected Things so the development now continues as SMACT. In just a few yearsโ time, Facebook acquired more than a billion users, and more than 100 billion apps have been downloaded worldwide onto the 1.4 billion smartphones that, thanks to the built-in accelerometer, magnetometer, gyroscope etc. have initiated the sensification of information technology. At the same time, the cost of sensors is decreasing at a startling rate, and we have computers such as Watson that can not only speak but also give smarter and quicker answers than people can.
Tipping Point
The revival of attention in this topic is nourished by the idea of multi-billion sums of money. Of course, we still have to see whether or not they can be realized, at least on this scale. But the cards have been dealt more favorably than in 1999 when the first hype around this topic arose. In the meantime, we seem to be approaching an important tipping point, so that the application and successful market introductions of connected Things will take place much more quickly than was the case twelve years ago.
Download our new report called Things โ Internet of Business Opportunities [PDF] in English or Dutch.