Finding “reliable” data about the installed base of Internet of Things (IoT) devices, market size and forecasts is not easy and can be expensive if you have to buy a commercial market report. However, there is quite a bit of free data out there which I have collated here. Creating IoT stats is notoriously difficult depending on accuracy of models, assumptions and definitions. … [Read more...]
Subscription models and the IoT – HP Instant Ink
HP’s Instant Ink service offers some lessons for companies exploring what the IoT might mean for their business models. The key benefits which HP is getting from Instant Ink are: • Direct relationships with customers, bypassing retailers and getting customer names, addresses and billing details; • Monthly recurring revenue streams allowing more predictable and stable … [Read more...]
Terbine – an IoT data exchange to watch
The IoT Inc. podcast has an interesting interview with David Knight, the founder and CTO/CEO of Terbine. Terbine describes itself as: the first commercial-grade system for curating sensor data on a global scale. Terbine is designed to act as the trusted sensor data exchange for and between sectors, including both commercial and governmental entities. Terbine is a highly … [Read more...]
Toothbrushes in an IoT world
Key Points toothbrushes are becoming data generators; new business models for toothbrush makers based on data acquisition are possible; opportunity for toothbrush makers to build direct relationships with users; established players experimenting with data sharing with dentists but still a work in progress; new entrants using connectivity and AI to differentiate … [Read more...]
Internet of Things (IoT): definitions
Defining the IoT Many analysts and journalists talk casually about the Internet of Things (IoT) as if it is a commonly understood term with a single definition. However, defining the IoT is not so straightforward as it covers a wide range of technologies, processes and applications. This post brings together a range of definitions from experts across the technology sector, … [Read more...]
The Internet of Things and Business – new book
My book, The Internet of Things and Business, has just been published by Routledge. In the book I explain the core business drivers behind the IoT and, through the use of short case studies, highlight the different business models firms are adopting in this area. Its primary audience is an academic one and it would make a good textbook for any business or computing course which … [Read more...]
