In the near future, you may hear about the appointment of a Chief Internet of Things (IoT) Officer. Before you roll your eyes and chortle at the thought of another chief-of-something, consider the problem.
First, companies are beginning to make and implement smart, connected, data-producing products. That can be anything—automobiles, assembly line robots, washing machines and even coffee makers. This data can be used in predictive analytics to avoid product failures, as well as to schedule maintenance around when a product actually needs it. These products, mechanical and electronic, will likely get ongoing software updates.
Second, connected products are now part of a broader system. Or as Michael Porter, a Harvard economist, pointed out at this week's ThingWorx conference, you aren't just selling a tractor, you are selling a tractor that is becoming part of a smart farm, a system. Things have to be able to work together.
(Score: 1, Funny) by Anonymous Coward on Saturday May 09 2015, @11:31PM
Obama the Greatest, Chief Czar of Czars, Emperor of Things.
(Score: 1, Funny) by Anonymous Coward on Sunday May 10 2015, @09:59AM
I just knew that Obama was responsible somehow.