Predictive maintenance is one of the most compelling use cases for the industrial Internet of Things (IIoT). In fact, according to IBM, predictive maintenance can prevent up to 70% of equipment breakdowns, and reduce downtime by as much as 50%. In the IEEE Technology Report on Wake-Up Radio (IEEE, 2017), this use case is highlighted […]
Analyst firm Gartner predicts that there will be 8.4 billion connected “things” in 2017, which will then expand to 20.4 billion Internet of Things (IOT) devices by 2020. That number is staggering. And it is reasonable to expect that a great many of these devices will run on batteries. Yet battery life can be limited. […]
The Internet of Things (IoT) can produce massive amounts of data. This data has to be transmitted, processed in some way, and then potentially stored somewhere, hopefully securely. (Pollmann, 2017) Much of this data is personal data, and some can be quite sensitive. This brings data privacy questions to the forefront. How secure is the […]
Millennials are concerned, and rightly so, about connected devices and security. Nearly 75% of Millennials surveyed by KPMG indicated they would be likely to “use more IoT devices if they had more confidence that the devices were secure.” (Strother 2017) As developers of IoT devices consider the market viability of their devices, this creates a […]
No one wants to imagine that their pacemaker or insulin pump can be hacked when their life depends on the proper functioning of these medical devices. However, a recent Ponemon Institute survey discovered that 67 percent of medical device manufacturers and 56% percent of Healthcare Delivery Organizations (HDOs) think an attack on a medical device […]
The insurance industry has always tried to assess risk: how likely is it that something bad will happen? This assessment is based on a number of demographic and other factors that help insurers decide how much risk is involved, and how much premiums will cost. With the evolution of the Internet of Things (IoT), however, […]
A recent report from consulting firm Accenture found that the Internet of Things has the potential to offer both healthcare providers and payers significant savings over the next three years. However, only 49 percent of top leadership in healthcare organizations say that they understand what the Internet of Things could mean to their organization, according […]
