Posts Tagged 'IoT'

Oct 262016
 
IoT-based DDOS Attacks

Last week’s DDoS attack against Dyn Inc. had an impact on many organizations beyond the reported hits to PayPal, Twitter, Amazon, Spotify, and others. Even Cutter’s website search function was out of commission for a short while! Experts have warned that at some point, smart versions of devices such as refrigerators, televisions and thermostats could be manipulated to alter their basic functions, but did anyone foresee that these devices would be used to launch a third-party attack? This isn’t the first time it’s happened, and it’s not likely to be the last. In the July 2016 Cutter article Securing the IoT: It Takes the Global Village, author David Tayouri discusses the threats Internet of Things Read more

May 312016
 
Will Wearables Disrupt the Financial Sector?

Digital transformation continues to change the financial sector. The increasing use of smartphones and tablets has changed customers’ behaviors and fueled adoption of mobile banking. Wearables capable of storing and processing data allow us to integrate better with the technology and incorporate electronics into every domain of our lives. The question arises whether the wearables can follow that success and become a new disruption for the financial sector. And if so, will they replace or supplement the mobile devices that are currently in use? Current Wearables Banking Market Assessment Wearable technology has exploded in popularity in recent years as the devices have grown smaller and their communication and integration capabilities have grown significantly. The global wearables market was valued Read more

Apr 192016
 
Preparing for the Disruption of the IoT

The Internet of Things (IoT) promises to cause disruption in almost every industry. Companies need to examine how they can take advantage of connected products and services and plan for the significantly increased data workloads that will likely come with the deployment of sensor-enabled products. However, an expected surge in product innovation also means that companies should carefully consider how they will deal with the potential rise of new, more agile competitors whose business models will be based primarily on IoT products and services. Here are some points about the IoT I’ve been discussing with colleagues that organizations may want to consider. Bigger, Faster, Varied Data and New Data Management Practices The expected myriad of Read more

Apr 052016
 

The Internet of Things. Location-based services. Automated reasoning. Social media. Wearables. Analytics. I could extend this list of “game-changing” technologies, and so could you. What’s a CEO, CIO, CTO, CFO, or business unit president to do? Especially when they go to an investor conference and they’re asked to explain “the game-changing technology plan”? Those who work in the C-suite need smart people, budgets, and technology solutions to impact their business processes and overall business model. In other words, game changers need context; otherwise, C-suite(rs) end up chasing “the next great things,” which is what many companies have done for decades. Remember business process reengineering, Six Sigma, matrix ­management, and management by objectives? Who ­created Six Read more

Oct 202015
 
The Gamification of Ordinary Life

At the annual Consumer Electronics Show (CES), attention turned once again to the Internet of Things (IoT) and personal devices. Wearables showed up in great profusion, focused upon watches, wristbands, and other personal sensors used to monitor activity rate, pulse, temperature, and whatever else can be determined from movement or simple surface sensors. For the home, measuring and control devices are emerging for temperature, humidity, intruder detection, and so forth — all attached, to personal networks, to the Web, and generally streaming data to external monitors. This all constitutes an escalation of device communications, which ultimately can lead to something like gamification of personal life and the home (Figure 1). Figure 1 — The gamification Read more

Aug 282014
 
Call for Papers: The IoT -- Technologies, Opportunities and Solutions

The Internet of Things in its basic form is the interconnected network of uniquely identifiable sensors, devices, and computers. The ability to connect all these “things” together creates the opportunity to develop a limitless set of solutions applicable to every domain. Manufacturing plants can track the status of products being created as they cross the manufacturing floor. Building management companies can track the health of lighting or heating/cooling systems remotely. Governments can track water flow through water systems, crossers of their borders, traffic in their cities, and medicines to address pandemics. Consumers can manage their homes or vehicles from a distance. All these possible solutions are not technologically alike. Some require real-time capabilities, others require Read more

Dec 082013
 
Things That Go Bump in the Night

By the end of the decade, self-driving cars will be on the roads in many developed countries. The electric grid will tell our heaters when it is more economical to run, “learning thermostats” will be in many homes, and we will track the movements of people, pets, packages, and many other things. By some estimates, the number of devices connected to this “Internet of Things” (IoT) will pass the number of connected human users by 2016. The question is: will serious accidents be necessary before people take the risks seriously and harden this infrastructure? Because the IoT senses and controls physical objects, serious harm can happen — either accidentally or intentionally. We need devices to Read more

Sep 062013
 

  Let me start with full disclosure: A) I am a fellow of the Lean Systems Society; and, B) I will be attending the conference. Obviously, I am a little biased. This very natural bias notwithstanding, if you find my blog posts (click here and here) of interest, I am fairly certain you will have a ball in the conference. Moreover, I believe you will step out of the conference with a few actionable insights that might surprise you. The #1 problem most of my clients are struggling with these days is complexity; #2 is that they are expected to solve the complexity problem through best practices: #3 is that I tell them something like Read more