Three key trends to watch: Nick Jones
October 8, 2013
On the emergence of the new "digital industrial economy," Gartner VP and Distinguished Analyst Nick Jones was blunt: "Accept it. Excel at it. Be the best technology company you can be." Of the litany of trends CIOs must follow and - possibly - invest in to help their organizations, he was equally clear:
Internet of Things: the dynamic and digital connections among and between machines and systems.
- When the cost to instrument an everyday object is now so low, why would you not? Jones sees a day coming when every consumer good that costs more than $100 will come with a chip or sensor embedded in it. "We won't do it just because we can," said Jones. " We do it because it generates a new source of value." Take, for example, the 94Fifty, a bluetooth-enabled basketball complete with sensors that capture data on they way you dribble, pass and shoot. Or the idea of "Furniture as a Service," whereby sensors embedded in your office chair relay not only sales information, but usage information, wear and tear data and can be repaired via 3D printing.
3D Printing: The ability to design and fabricate products in shapes and forms not possible by any other method. It's not just for toys anymore.
- It's not just for toys anymore. the U.S. Army uses 3D printing to modify and repair equipment in the field, in real time.
- D-Shape can manufacture 3D shapes in concrete at sizes up to 19 feet on each axis. They can conceivably print an entire house.
- Companies selling products in long tail markets can eliminate physical inventory and the entire manufacturing processes altogether simply by transforming product schematics into digital files that let customers print on-demand.
Automated Judgement: The increasing necessity to let machines to more of the thinking
- the volume and velocity of data generated by the Internet of Things surpasses human ability to make sens of it all. For example: one of Google's self-driving cars generates 750 MB per second.
- Computers are already smarter than people for a wide range of tasks. Take Google's self-driving cars, or IBM's own Watson.
- Computers can already make judgements and communicate them to you. "You will have to allow them to do so," said Jones.
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