One can look at the Internet of Things in a way where sensors are embedded in the physical world, e.g. plant sites, offices, homes or humans. Sensors embedded in the physical world of humans are also known as wearables. Wearables such as fitness trackers and the like are an important component of the Quantified Self . But wearables are more; they also include items like smart watches and smart eyewear. Gartner expects a strong growth in the wearable market in 2015, rising 38% from 2014.
Industry 4.0, Internet of Things, Digitalization – those are all hot topics in today’s world. But what significance do they have for future added value in the automotive industry? In today’s post, I would like to concentrate on the topic „Digitalization“.
Digitalization of assets in Critical Public Infrastructure (CPI) such as energy, rail, roads and water supply is increasing at an ever increasing pace, with hundreds of millions of additional sensors and intelligent components being installed additionally every year around the globe. In the next years the proliferation of digital components in physical assets will create an amount of “IT elements and networks” that goes well beyond the currently installed private and business IT. Looking at this development in those infrastructure areas that are crucial for…
The website “Answers.com” defines the word “smart” as “characterized by sharp, quick thought”. From the standpoint of those executives like the Chief Operations Officer, this definition means that all the required data to make a sharp, quick decision is at hand and organized to enable them to reach the right decision quickly.
Cameras are everywhere. Someone wearing Google Glasses might be videoing you at any time. Facebook has conducted secret psychological tests on its users. Today’s internet giants are developing multi-dimensional virtual profiles for all of us – tracking where we have been, what we do, who we know, and more. Paparazzi drones, anyone?