Articles by Bart Schouw
The full potential for companies that digitally transform is predicted to be $100 trillion by 2025. This astonishing value would be reached through the combination of digital technologies—mobile, cloud, AI, sensors, and analytics, among others. These are accelerating progress exponentially, said the World Economic Forum, but this growth can be realized only if there is collaboration between business, policymakers, and non-governmental organizations.
Posted April 05, 2021
While many companies are using IoT for reasons numbers one and two, few have embraced it for reason number three—disrupting with new business models. Despite top management stating that digital is important (20% of all top strategic initiatives in annual reports now include the word "digital")—and that IoT is one of the most disruptive and necessary technologies to shape their markets—in reality, they are mainly using it to manage costs by improving efficiencies and enhancing customer experience by augmenting existing products. This is severely limiting organizations' ability to gain new value.
Posted January 18, 2021
What do prison guards, dental hygienists, and barbers have in common? They all have jobs that rely on physical proximity and carry a high risk of exposure to diseases, according to the U.S. Department of Labor.
Posted September 14, 2020
Powering the next generation of renewable energy with IoT positively impacts running costs, while ensuring that wind power will continue to be both a viable economic solution for energy production for the future and a benefit to the environment.
Posted May 28, 2020
Competition these days is no longer just about cost or quality; it is about companies offering entirely new digital business models and better customer experiences that are based on insights. How do organizations compete on that basis? They do it by unlocking the various data sources that are imprisoned within IT and business departments, systems, and databases.
Posted March 24, 2020
The Age of the Contextualist
Posted December 16, 2019
Just as in the oil industry, exploitation of data comes down to how good your refinery capabilities are. Just as oil has to be refined to get valuable products out of it, such as gasoline and jet fuel, data has to be refined into insights. And, just as in the old days of the oil business, the rush is on.
Posted September 26, 2019
Becoming future-proof sounds similar to something you would need a fortune teller for. If anyone can teach me how to become a fortune teller, then I would like to sign up for that training class! But I don't believe that you have to be a fortune teller to be future-proof. Rather, it is more about acknowledging some hard facts about the pitfalls in your organization, and then trying to avoid stepping in them.
Posted May 16, 2019
Working Backward (Or: What IoT Can Learn From Steve Jobs)
Posted March 08, 2019
Fast and Furious Technology: From HFT to IoT
Posted December 11, 2018
In my last article, I discussed how the Internet of Things market is showing early signs of maturity, but that many projects still can stumble. I identified seven "habits" that successful projects have in common, which, when used together, are powerful enough to set your IoT project on the right path.
Posted September 27, 2018
In the past few years, IoT has been greatly overhyped; hence, many IoT vendors had to convince the market of their pedigrees by touting use cases and customer success stories. In reality, IoT was only getting traction in very few markets—manufacturing being one—with the rest trailing behind.
Posted May 11, 2018
In the IoT world, devices are moving from smart to intelligent due to the advent of artificial intelligence and machine learning. However, this is now hindered due to the natural limitations of the cloud. In order to progress, devices need lower latency, a higher level of independence, and better connectivity.
Posted March 26, 2018
A lot has been written about why IoT is going to be absolutely essential to your company. If you are convinced as to the why but wonder about the how, pay attention. Based on all the lessons learned from my engagements around the globe, I am going to tell you how. It basically comes down to three basic phases: preparation, the "real stuff," and embedding it in the organization.
Posted January 08, 2018
While Vic Damone and Jane Powell wanted their eggs with a kiss in the 1950s musical Rich, Young and Pretty, in the near future, your kitchen might well know exactly how you want them thanks to the Internet of Things (IoT).
Posted September 20, 2017
With the furor over fake news, where the truth is massaged for commercial or political gain, the focus has gone off fake data—which can have a lot more perilous consequences.
Posted May 15, 2017