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The clairvoyance of the Internet of Things

Worldwide Industry Marketing Manager for Insurance, IBM

Would you want to know about a potential problem before it becomes a real problem? Especially if it saves time and money? I can embrace having that kind of knowledge, but just how does that happen?

There is no doubt that our world is highly instrumented, interconnected and intelligent. Those capitalizing on this new smarter world are transforming how we interact, and what we expect is far higher than ever before. But how is seeing into the future possible?

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The Internet of Things (IoT) is driving this transformation, allowing for our things to speak the same language and make it relevant to each one of us. Personally, I like the idea of my car telling my home when I will arrive so that it can prepare for my return—maybe adjusting the heat or air conditioning and turning on entryway lights. Now, I do want to make sure security isn’t a concern, but today’s security solutions (along with cloud, analytics and mobility solutions) are making the Internet of Things possible.

I also like the idea of manufacturers inventing new products and services fueled by the Internet of Things. How great is it to know in advance if my car may need service or, as I drive in poor weather, that there is ice ahead, that advance knowledge allowing me to change my driving behavior before I hit the dangerous patch of ice?

Now extend these predictive capabilities a bit further: if I’m on an airplane, for example, I certainly care a whole lot about predictive maintenance, as well as air and ground conditions. Or, if I run a mining operation, I would depend on continuous monitoring to alert me of possible issues that I can’t physically see. I fully embrace smarter enterprises continually optimizing how they do business. After all, innovation never ends. Read about how some of these smarter organizations have transformed operations based on this ongoing Internet of Things journey.

The Internet of Things is relevant to many industries around the world. Organizations that care about ground composition, equipment monitoring, smart grids, transportation flows, health care delivery, insurance and more all want to know how well things are working, and working together. The Internet of Things is not about magic, it’s about the technology behind it.

Of course, this interconnectivity and instrumentation relies on powerful analytics to add context and meaning. We need all of this to work in real time. After all, what good is real-time insight if you can’t take action in real time? I can’t wait to expand on just how big data and analytics can bring deeper insight and intelligence to our instrumented, interconnected and intelligent world. Analytics is creating systems of action for the Internet of Things. Be bold on your journey. How well can you predict the future? You can hear more at IBM Insight 2014—join us!