According to data from McKinsey, about 75% of IoT-based businesses don’t make it off the ground. That’s very significant indeed, especially considering all the hype that the technology has received over the past decade.
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If data is indeed the new oil, then we’re still a long way off from mastering the science of extracting, refining and deploying it as a strategic enterprise asset. That, in short, seems to be the conclusion that emerges from...
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As AI enters virtually every industry, the opportunities for change will increase even more, simply because we learn faster. The competition between competitors has become a battle to see who can learn the fastest. Will the winners be those with...
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IoT, the new attack vector IoT attacks increased by over 217% in 2018. But a report with the provocative title of IoT CyberattacksAre The Norm, The Security Mindset Isn’t found that only 7% of organizations consider themselves equipped to tackle IoT security challenges. If...
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The first robot entered the workplace in 1959, at an automotive die casting plant in Trenton New Jersey. Since then, many other industries such as electrical/electronics, rubber and plastics, pharma, cosmetics, food and beverage, and the metal and machinery industry...
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For the IT industry, the Gartner Hype Curve provides a graphical representation of the maturity and adoption of various technologies and applications. The analysis accompanying Gartner Hype Cycles also gives an indication of how potentially relevant these solutions are to...
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A McKinsey analysis of over 150 use cases estimated that IoT could have an annual economic impact in the $3.9 trillion to $11.1 trillion range by 2025. At the top end, that’s a value equivalent to 11% of the global...
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The use of 5G IoT radio network services spans communication, entertainment, smart technology, manufacturing, health, and utilities provision.
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