Click here to view original web page at www.mckinsey.com

Creating a successful Internet of Things data marketplace Monetizing the flood of information generated by the Internet of Things requires a well-executed strategy that creates value. The Internet of Things (IoT) will turn the current rush of industrial data into a rogue wave of truly colossal proportions, threatening to overwhelm ...

IoT data will account for 10 percent of all the data registered globally in 2020, according to IDC market intelligence firm. Yet, adopters of IoT – companies and governments around the world – have just started taking the first steps to maximizing the benefits and capturing potential value of […] ...

The possibilities of the Internet of Things (IoT) are seemingly endless, and its applications extend beyond being used by homeowners and commercial businesses. Although there are many similarities in the way IoT protocols are implemented, there are some differences that set them apart when they are used in a […] ...

The Internet of Things (IoT) enables vendors to create an entirely new line of “smart” solutions for its existing and new markets. While the decision to go “smart” is straightforward, the decision of how to go “smart” is less obvious. Vendors are faced with three strategic options – build […] ...

In Part 1 we identified unmet needs in the marketplace — the things that people love and hate about the jobs they’re doing. Whether you’re creating an AR/VR product in an enterprise or as a startup, choosing the right market from the beginning is mission critical. Never forget Google […] ...

The buildings we work and live in are old. Most buildings remain energy inefficient, hard to maintain, and not comfortable for their occupants. Not to mention, the energy used to run our building infrastructure accounts for 40% of global GHG emissions. The facilities management industry is worth over $1.12 […] ...

With another major data breach hitting the headlines , it’s time to take action. “…the data was sitting in an Amazon Web Services storage “bucket,” left open to anyone with an account, which are free to obtain.” Threats are growing daily, from new IoT devices to employee and business […] ...

It’s their least favorite part of the job, yet it consumes most of their time. Data wrangling – or gathering and preparing dirty data so it can be used in critical business applications – is the biggest problem in data science today, according to a Kaggle survey . So […] ...

Blockchain has finally become the new darling of the tech world, with people, companies, governments and even secret rave parties leveraging it for all sorts of use. Since the beginning of 2018, a few reports and articles predicting the next boom in the tech world mentioned that the Blockchain […] ...