Gil Press of Forbes reports, “Gartner released last week its latest Hype Cycle for Emerging Technologies. Last year, big data reigned supreme, at what Gartner calls the ‘peak of inflated expectations.’ But now big data has moved down the ‘trough of disillusionment’ replaced by the Internet of Things at the top of the hype cycle. In 2012 and in 2013 Gartner’s analysts thought that the Internet of Things had more than 10 years to reach the ‘plateau of productivity’ but this year they give it five to ten years to reach this final stage of maturity. The Internet of Things, says Gartner, ‘is becoming a vibrant part of our, our customers’ and our partners’ business and IT landscape’.” Read more
Posts Tagged ‘internet of things’
Steve Ranger of ZDnet reports, “A group trying to make it easier for Internet of Things devices and services to work together has won £1.6m in funding from the UK government’s Technology Strategy Board. The group of 40 companies — including BT, ARM, and KPMG — is working on a standard for IoT interoperability called HyperCat. The new funding adds to the £6.4m the government has already spent on the project. The idea behind IoT is that everyday items such as thermostats or plant pots can be networked to create new types of services — at a trivial level, for example, a plant pot could tell a thermostat to turn off the heating because the plants were drying out. However, IoT has great potential to enable smart cities and other forms of automation too.” Read more
Daniel Newman of Forbes recently wrote, “Over the last month there has been an unfathomable amount of content published about the massive privacy intrusion that is Facebook Messenger. With the ability to intrude into the lives of its users in ways that the NSA would never think to, it isn’t a surprise that the new download brought such strong opinions; many of which served as recommendations to not download the application. The good news about the widespread dialogue on messenger is that it brought to light the issues that surround privacy of data. Further implicating what some of us have always known. “When the service is free, the user is the product.” Make sense? In other words, when companies like Facebook create applications that we use in our everyday lives, for free, the real price is in what we sacrifice for the right to use the application for free, our data.” Read more
Sarah Austin, founder of Peak Energies recently wrote for Forbes, “The Valley bubble seems obsessed with the Internet of Things. Things are getting smarter. Devices talk to each other and people are now starting to talk to them. Things are evolving to make decisions, gather information and just take care of stuff for us. For a lot of people, it sounds too crazy. But we already benefit from the start of this shift. Take a Thai restaurant for example. You ask your phone to find you nearby Thai food, and it gives you a list of options. But why doesn’t it filter out obviously bad ones? Or determine that it only need show the closest location of the restaurant chain, and that if two places have a nearly identical menu, but one is 20 percent more expensive and a mile further away, it shouldn’t come up in your immediate results? This is the future of tech. As humans, we want choices, but we don’t want 100 choices. Read more
Daniel Newman of Forbes recently wrote, “Businesses today are largely online and they have in droves taken their web presence from where it was a few years ago which was likely an “Online Brochure” to some type of second generation website that considers trends such as social media, content marketing, and of course search engine optimization. The reason we as business owners do all of this isn’t because we love technology (not all of us, at least), but rather because we know that people are doing more and more of their research about what they want to buy, and who from, online.” Read more
Like the oil and gas itself, data from oil and gas operations associated with the Norwegian Continental Shelf (NCS) is also flowing. Through a number of semantically enabled hubs, it is getting integrated, refined, and distributed to different parties. EPIM, the Exploration & Production Information Management Association, is implementing its vision of a shared suite of knowledge based-applications for the Norwegian Oil & Gas industry built using semantic web standards and the domain concepts from ISO 15926 [Wikipedia].
In this brief article, we give an overview of the three applications EPIM currently in deployment (shown in the graphic below).
In building and deploying these applications, some key features and insights applicable to other applications that involve data integration across diverse systems emerge:
- A semantic ecosystem needs to accommodate flexible co-existence with other technologies, notably XML and JSON. All applications in EPIM’s vision of integration involve interoperability with these and other technologies;
- ISO 15926 has been effective for supporting EPIM’s reporting needs, but can present a challenge, in terms of its complexity, for efficiently harnessing it within evolvable, model-driven solutions. The successful work with these models demonstrates that semantic web standards are sufficiently mature, rich and powerful to handle very complex models;
- Model-driven approaches using semantic technologies, especially SPARQL and technologies that build on it, are highly effective for extensible applications. Development and deployment responsiveness to changing requirements proved to be very rapid.
Bruce Rogers of Forbes recently wrote, “There is a wave of digital disruption coming at CMOs from all fronts. The world has shifted over the past five years, mostly because of the emergence of the ‘internet of things’–a world where nearly everyone and everything is interconnected in a web enabled network. But according to Alex Dayon, former co-founder of Business Objects and now president of Salesforce.com’s applications and platform products, ‘we could call ourselves the ‘internet of customers’ because we’ve always connected devices and apps. It means there’s a customer behind it. By 2020 there will be 50 billion connected devices. And behind every device, whether it’s a smartphone, a car, a toothbrush, or a light bulb, there is a customer’.” Read more
Data-Intensive Businesses Turn to Infobright to Transform Machine-Generated Data into Business Improvements
TORONTO–(BUSINESS WIRE)–Infobright, the database analytics platform for the Internet of Things (IoT), today announced that Rez-1, Smart 421, and PayPoint, three data-heavy businesses in the financial services, logistics and transportation industries, selected Infobright’s Enterprise Edition to transform their machine-generated data into business insights. The Infobright analytic database platform enables customers to interrogate machine and IoT generated data to quickly identify the patterns that drive smarter business decisions. Read more
Kevin Casey of Information Week recently wrote, “Old-school organizations will fuel the next swell of data-driven initiatives in IT. So what’s in store for the early movers and, specifically, their big-data professionals? How will the data scientist and similar roles evolve? ‘The role is becoming bigger,’ said Olly Downs, chief scientist at big-data analytics firm Globys, in a recent interview. By bigger, he means in every way — what was once a niche is now, at least in some companies, a driving force.” Read more
M2M World News reports, “A consortium of more than 40 UK-based technology companies funded by the UK’s innovation agency, Technology Strategy Board, has delivered on the first phase of its initiative to accelerate the widespread move to the Internet of Things (IoT). HyperCat is a new open IoT specification that allows machines to work together over the Internet and for applications to discover and make sense of data automatically without human intervention. In just 12 months and with £6.4 million funding from the Technology Strategy Board, development teams from major companies including ARM, BT and IBM have worked alongside UK start-ups and UK University Departments to break down vertical data silos and find a foundation for connected products and applications to interoperate.” Read more
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