Where is the real money in IIoT? Industrial IoT (IIoT) is a huge business opportunity. According to IndustryARC research (June 2016), the IIoT market is estimated to reach $123.89 Billion by 2021 at a high CAGR. According to Accenture, the impact of IIoT on global GDP will be $14.3 Trillion by 2030. Up to 60% […]
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The IoT will give rise to the IoD – the Internet of (very Big) Data. The business opportunity is big too, but what about the costs? How Big is Big Data? Let’s start by discussing how big is Big Data. For example, Walmart customer transactions generate about 1 million data points per hour. Big, isn’t […]
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IoT = Internet of Connected Things? The idea of transmitting sensor data over the Internet is becoming quite popular – we call it the “Internet of Things”. But the quality of Internet connectivity is not the same across all locations. To have maximum impact on improving business processes, sensor data granularity is important to ensure […]
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