Most of the ‘things’ in IoT will be heavily reliant on software – both embedded and external – and by adopting the right software licensing regimes, ‘thing’ manufacturers can generate significant new revenue streams, says Gartner. In a report Market Trends: Move Beyond Homegrown Licensing and Entitlement as the IoT Creates New Revenue for Software […]
Insurance industry ripe but unready for IoT led disruption
A survey of insurance executives finds them anticipating significant, imminent IoT led disruption, but rating their industry as being ill-prepared for it. The survey was undertaken by UK based FC Business Intelligence in conjunction with the organisers of the upcoming Insurance IoT USA conference, scheduled for December in Miami. Sixty four percent of respondents expected […]
From the Internet of Things to the Economy of Things
IBM’s Institute for Business Value has produced an insightful and thought-provoking white paper. It argues that, just as the Internet disrupted information-based industries by making information indexable, searchable and easily tradeable, so too will IoT make many types of physical assets indexable, searchable and easily tradeable, with profoundly disruptive consequences. The white paper, The Economy […]
IoT opportunities for insurers
IoT will undoubtedly affect every industry profoundly, some sooner and more profoundly than others. A study from FC Business Intelligence looks at the IoT opportunities for insurers and suggests that insurance could be one of the IoT pioneers. Insurance is based on assessment of risk, which requires information: the more accurate, timely, granular and relevant […]
Low awareness of commercial and industrial uses for IoT
The seems to be low awareness of commercial and industrial uses for IoT: over half the respondents to a survey on IoT think it is primarily a technology for consumers. The finding was reported in Telecoms.com Intelligence’s IoT Outlook 2015 report — sponsored by Gemalto, F5, IBM and Wind — that claims to “provide in-depth […]
Operators see IoT as a key driver for 5G
Mobile operator executives surveyed by Heavy Reading for the US based Telecommunications Industry Association have flagged IoT as a key driver for 5G mobile technologies, second only to boosting mobile broadband capacity. Asked “Which use cases will be the most important drivers for 5G?” 76 percent of respondents flagged increased broadband capacity, and 74 percent […]
McKinsey maps the future of IoT
The McKinsey Global Institute (MGI) has published what must surely be one of the most comprehensive assessments to date of the potential for IoT, putting an upper limit on its potential economic impact by 2025 of $US11.1 trillion, or about 11 percent of the World Bank’s estimate of value of the world economy by that […]
ForgeRock puts the case for an Identity of Things
ForgeRock, the developer of a platform for federated identity, has published a white paper setting out the case of an Identity of Things (IDoT) in which it argues that early adopters of IoT have largely left behind identity and access management and that, as a result, many organisations are scrambling to deal with the consequences. […]
Cloud Security Alliance offers IoT security advice
The Cloud Security Alliance (CSA) has produced a report New Security Guidance for Early Adopters of the IoT to help early adopters of IoT understand the security challenges. It says there has been insufficient research into the vulnerabilities associated with IoT or into best practices for securely developing, deploying, trusting and maintaining IoT components. The […]
How LTE will evolve to meet the demands of IoT
Nokia has released a white paper LTE M2M Optimizing LTE for the Internet of Things detailing how Rel-12 and Rel-13 of the 3GPP’s LTE standards will cater for the specific requirements of IoT and M2M: large numbers of devices, increased coverage, low cost devices, long battery life and high reliability. It looks at the changes […]
