WHY IT MATTERS: Digital Transformation

The post-pandemic workplace continues to shift and requires collaboration between remote workers and office workers. Digital transformation has accelerated across every organization and CIOs must maneuver to keep pace. Customer expectations have shifted, and spending habits are moving away from in-person activities to online. IT must improve its maturity in key capabilities to maintain relevance in the organization.

Performance engineering will be riskier than Moore’s Law ever was. Companies may not know the benefits of their efforts until after they’ve invested substantial programmer time. And speed-ups may be sporadic, uneven, and unpredictable. But as we reach the physical limits of microprocessors, focusing on software performance engineering seems like the best option for most programmers to get more out of their computers.

Every Western institution was unprepared for the coronavirus pandemic, despite many prior warnings. This monumental failure of institutional effectiveness will reverberate for the rest of the decade, but it's not too early to ask why, and what we need to do about it... Our nation and our civilization were built on production, on building. We built roads and trains, farms and factories, then the computer, the microchip, the smartphone, and uncounted thousands of other things that we now take for granted, that are all around us, that define our lives and provide for our well-being. There is only one way to create the future we want for our own children and grandchildren, and that's to build.

In the connected era, an increasing number of IoT solutions will make our homes, public areas and workplaces, smarter. Building managers will have access to real-time, cloud-based analytics, reporting and services, allowing for informed decision making. With the increasing market demands for cost-saving occupancy comfort solutions, connected technologies are well-positioned to meet the needs of the automated building industry. 
From fire detection to temperature control and energy management, these applications are a part of a growing market. In fact, Allied Market Research forecasts that by 2024, the global intelligent building market will be valued at over $42 billion. Additionally, a recent Research and Markets report estimates that over 483 million IoT-based building solutions will be installed by 2022. To support this growth, IoT-based building solutions require reliable technology that will enable full use of its connective capabilities in a complex environment. 

Whether it was here on Hackaday or elsewhere on the Internet, you’ve surely heard more than a few cautionary tales about the “Internet of Things” by now. As it turns out, giving every gadget you own access to your personal information and Internet connection can lead to unintended consequences. Who knew, right? But if you need yet another example of why trusting your home appliances with your secrets is potentially a bad idea, [Limited Results] is here to make sure you spend the next few hours doubting your recent tech purchases.

• Sales, Marketing and Operations are most active early adopters of IoT today.
• Early adopters most often initiate pilots to drive revenue and gain operational efficiencies faster than anticipated.
• 32% of enterprises are investing in IoT, and 48% are planning to in 2019.
• IoT early adopters lead their industries in advanced and predictive analytics adoption.

Here’s a look at how the forces of IoT tech and data collection are already shaking the retail world, even as consumer activity becomes folded into the overall smart city experience.

To support this process we have developed a comprehensive framework that combines four clusters of enablers for digital transformation (shown in the figure below). The “4E-Framework” gives companies a structured approach to analyze and build capabilities that position their business in a rapidly changing commercial environment. In practice, this framework enables companies to focus activities and resources on key strategic areas, and to measure the results.

Veronika Brandt is Head of IoT Business Consulting at Bosch Software Innovations. She focuses on developing and implementing best practices for the strategic planning of IoT solutions, both within the Bosch Group and with external customers. 

Our smart cushion VIKTOR© is a one-stop window to provide safety and social interactions to home-care users. It is connected with your TV wirelessly, able to link all the objects connected at home.

The world first fall detection eyewear that requests for help when you need it.

The analysis of Internet of Things (IoT) data is quickly becoming a mainstream activity. I’ve written about the Analytics of Things (AoT) before (some examples here, here, and here). For this blog, I’m going to focus on a few unique challenges that you’ll most likely encounter as you move to take IoT data into the AoT realm.

What is fog computing, and why is it necessary? This 2-minute video provides a quick overview and introduction.

The Fourth Industrial Revolution represents a fundamental change in the way we live, work and relate to one another. It is a new chapter in human development, enabled by extraordinary technology advances commensurate with those of the first, second and third industrial revolutions. These advances are merging the physical, digital and biological worlds in ways that create both huge promise and potential peril. The speed, breadth and depth of this revolution is forcing us to rethink how countries develop, how organisations create value and even what it means to be human. The Fourth Industrial Revolution is about more than just technology-driven change; it is an opportunity to help everyone, including leaders, policy-makers and people from all income groups and nations, to harness converging technologies in order to create an inclusive, human-centred future. The real opportunity is to look beyond technology, and find ways to give the greatest number of people the ability to positively impact their families, organisations and communities.

Think of the trends we’ve seen emerge in recent years:

• Sensors and actuators, including implantables and wearables, that let us capture more data and impressions from more objects in more places, and that affect the environment around them.
• Ubiquitous computing and hyperconnectivity, which exponentially increase the flow of data between people and devices and among devices themselves.
• Nanotechnology and nanomaterials, which let us build ever more complex devices at microscopic scale.
• Artificial intelligence, in which algorithms become increasingly capable of making decisions based on past performance and desired results.
• Vision as an interface to participate in and control augmented and virtual reality
• Blockchain technology, which makes all kinds of digital transactions secure, verifiable, and potentially automatic.

Upcoming trends in the field of the Internet of Things (IoT). A cognitive map which depicts popular phrases and subjects for IoT in the patents database.

This paper examines the essential eight technologies that matter and what business leaders now need to do about them, and emerging technologies in general.