ibmifachat

One key hypothesis we have is that asset-intensive industries will be among the frist

Industries that have low levels of IT penetration

starting with items like automotive, warehousing, and capital equipment

Industries that have not typically lent themselves well to digitization

We have lots of ideas about industries that are sensitive to the price of risk and credit as well, like insurance, banking, and consumer credit

Industries like agriculture, transportation and logistics etc

@pbrody I vote for this! Huge infrastructures (like oilfields) need a lot of control.

Big infrastructure is a key target because so much of it is poorly utilized.

We use cars only 9% of the day.

We are building an economic model to understand industry transformation by the IoT. Stay tuned for this next phase of our study!

Another candidate - intelligent transportation systems - where really "real time" decision making is necessary.

We only use offices about 50 hours a week - but there are 168 hours every week

We think that 50 hours = 100% utilization of offices, it doesn't. It's under 33%.

in the newly released study ibm.biz/devicedemocr... we identify the key vectors of industry disruption...give it a read and share!

Health Care must learn to apply #IOT with appropriate alerts and analytics

Energy and Utility is another one. One can check on Gartner report "Hype Cycle for the Internet of Things, 2014"

Hoping #IOT can have social impact to ensure and respond for food, water and safety ...and not just cool useless information.

Sure, but can you do all the programming needed? IFTTT is great, but I need more than If and then

I think I need if then else and or...

Agree. I wouldn't be comfortable not knowing who is doing what with information gleaned from my devices and behavioral patterns.

Our mobile phones and mobile apps are in the #IOT today...and they provide lots information... we provide that for free services

In our new paper ibm.biz/devicedemocr... users and devices are in control of their own privacy

@pbrody I can't do all of the programming but there needs to be a continuum of services from self service to full services. No one person can define all of the innovations possible in the #IOT. Think #IFTTT and #Zapier, etc..for self service...

Software cannot "eat the world" unless it becomes essentially invisible to consumer and easier to developers.

Our piles of e-waste are coming from short device life cycles, as we go into #iot, we're headed for much longer lived items.

Perhaps software changes will allow new features instead of having to replace whole items

Devices that are good at servicing themselves may live on longer

cradle-to-cradle - efficient life cycle management of devices. Why not make them own their recycling?

And recycling laws are getting tougher too, so companies are doing a better job of making recyclable products

The problem will come, for sure. Can be resolved by proper whole system informational flow design: to decide which information has to sent and when.

Yep mart products that recycle themselves

*smart

#IoT layers value on top of physical devices.

Also hierarchical design can help. some information shall be processed at lover levels, not by distributing everything and everywhere.

Do you see recycling driven by consumer pull or regulatory push?

With an IoT barter economy, the possibility of bartering my used electronic products for my neighbor's. My old connected lawn mower for some storage in the neighbor's bicycle

well not necessarily electronics products, but things!

These same IoT devices can help us optimize and utilize energy much more effectively

A class of #IOT devices could have reusable designs like SIM cards or memory cards today... pull it out and reuse.

It's very high value, but it's not yet a reason to trade in.

Flexibility and personalization. Services need to be easily adjustable to the personal needs.

It's the largest incremental value case, but many devices are so reliable today, it's not going to drive the take-off

IMO, some of this is already happening: Emergence of alternative support centers – communities of users – working in tandem or separately from manufacturers. overall a good thing for consumers

Devices are reliable, but they can not change so quickly as customer wants. Adjusting software is easier, and we can invent new ways of processing information coming from devices.

@psanjay13 It is important that the end user gets to decide how much of 'support' he requires. The decision should rest with him, rather that someone choosing what support, when and how; and what is the tradeoff.

Devices will be largely capable of servicing themselves

Tying in to the e-waste question: print the part you want rather than go out and buy a new device. Your device can tell you what needs replacing and point you to the specs. Maybe even talk to your 3d printer and get it printed!

I firmly believe it will be about the better device not the cloud UI.

Great devices create value on their own.

@pbrody And would become better, more effective players in the bigger IoT ecosystem.

from my experience - it should be rather "turn key solution" - combination of great devices + real time analytic placed on cloud + business model which creates a value for customers

Its about the knitting across devices. The cloud is an equal citizen in the IoT ecosystem. #IFA2014 @IBMCloud

...the knitting for user experience.

IoT success will be about building products with functional value, enable new markets and value, and are secure, low cost and scalable.

Check out the characteristics of winners and losers in the IoT at ibm.biz/devicedemocr... #devicedemocracy

@guriahluwalia I agree that it will be about my value from these #IOT devices...and how one devices allows an appropriate reaction/action