The world as we know it is continually changing, and one of the fundamental drivers is digital transformation. At its core, digital transformation is about using the latest technology to do what you already do – but better. Based on it, what is Digital Economy? Digital Economy Digital Economy is the economic activity that results from billions of everyday online connections among business – … Continue reading Digital Transformation – What is Digital Economy?
Companies are digitally transforming through actionable intelligence. Data and information have become core business assets, sources of revenue and critical enablers in the digital information age. In order to reap the benefits in the digital information age and transformation economy, organizations need to be ready for accelerating progress, higher business agility, and actionable intelligence (translate the ocean of data and information collected on something meaningful). … Continue reading How Companies Are Digitally Transforming – Strategy
HR organizations in the digital economy need to transform. HR transformation is now about improving the overall people experience. This requires adopting a mindset to drive a competitive advantage where employees have different experiences in: Recruiting Onboarding Employee Management Health and Wellness HR organizations should rethink their business processes in order to use the data generated by automated transactions to create value in the relationship with … Continue reading HR Organizations in the Digital Economy
The supply chain in the digital economy has been moving slow. Traditional tools still deployed in many organizations, are simply not built for supply chain planning and execution in the digital age. Often business processes are built around sequential planning steps and batch based processes that negate the benefits of the tools themselves. Most organizations have worked hard to get where they are today using … Continue reading Supply Chain in the Digital Economy
What is the difference between the internet of things and digital transformation? The internet of things (IoT) is a component of digital transformation (DT). IoT is considered the most important component of DT because it enables, drives and accelerates business creation/change opportunities and improvements in the ways we work, live, entertain ourselves and connect. The Digital Age has brought with it a new way of thinking … Continue reading The Internet of Things and Digital Transformation
Two years ago, digital transformation was a new trend, and the awareness was low. Today, companies and government agencies are thinking through how to transform the way they deliver existing products and services and create new ones in shortest cycles. Companies that act with urgency will win. Productivity growth over the past few years has gone close to zero. Organizations need a change … Continue reading IoT SAP – Digital Transformation from SAP CEO Bill McDermott Perspective
SAP Leonardo is an innovative internet of things portfolio. SAP sees in this portfolio tremendous opportunity to provide innovative solutions enabling companies not only to realize digital transformation of existing end-2-end business processes, but also enable companies to develop new business models to run digitally. The evolution of connectivity, big data, analytics and cloud technologies is enabling companies to intersect these operational and information technologies … Continue reading IoT SAP SE: What is SAP Leonardo?
This post will explain what are some of the Internet of Things Agriculture-Farming vendors solutions used for agriculture / farming. Smart farm technology exposes farmers to a wealth of new possibilities that could increase their production. The information available to them through wireless sensors could contain data on livestock, crops, soil, environmental conditions, machinery and many more factors. These elements constitute very critical components of production … Continue reading IoT Agriculture: Agriculture-Farming Vendors Solutions
The progression from agriculture – farming to smart agriculture – perfect farming has three stages: Stage 1 Preindustrial agriculture, dating from before Christ to about 1920, consisted of labor intense, essentially subsistence farming on small farms, which took two acres to feed one person. Stage 2 Industrial agriculture, from 1920 to about 2010, tractors and combine harvesters, chemical fertilizers and seed science opened the way … Continue reading IoT Agriculture: Smart Agriculture – Perfect Farming
Climate Smart Agriculture (CSA) is defined by the FAO (Food and Agriculture Organization) of the United States as an approach that helps to guide actions needed to transform and reorient agricultural systems to effectively support development and ensure food security in a changing climate. Background The global food system has overcome great challenges before. But in the coming 50 years, we need to … Continue reading IoT Agriculture – What is Climate Smart Agriculture?
Sports big data analytics is set to become a driving force in the sports industry. Analytics is helping industry experts to take better decisions on a variety of issues ranging from selection of players during team formation to tactical plays during a game to increasing fan engagement. Sports has always been about measuring, monitoring and analyzing, but these activities are being completely revolutionized by the … Continue reading Internet of Things Sports – IoT Sports Big Data Analytics
What is IBM Watson IoT? It is an IoT Platform easy-to-use, secure and scalable. Designed to simplify cognitive IoT development so companies can harness the full potential of the Internet of Things. Players Performance Using sensors combined with advance analytics, coaches now know if a player took a wrong step and needs to rest their ankle, or, if they suffered an injury in a … Continue reading Internet of Things Sports – IBM Watson IoT in Sports
The history of IoT in sports dates from the 1950s when Charles Reep, accountant and a Royal Air Force officer, pioneered the idea of data capture in the sport of soccer. While watching soccer matches, he created a system of paper notation to record players’ moves. It took him three months to wade through the data produced by the 1958 World Cup final. Reep had … Continue reading IoT Sports – History of IoT in Sports
The IoT Integrator ThingWorx background view: developers, organizations, and end-users alike will encounter challenges when it comes to integrating new IoT-enabled technologies and solutions into day-to-day life. The road to IoT success is an unpaved one due to: Lack of IoT knowledge and skills amongst decision makers and business users Disparate technology frameworks Poor coordination across business efforts Unprecedented influx of new data Know … Continue reading IoT Medical Devices – IoT Integrator ThingWorx in the Medical Device Industry
The transformation and capabilities of MD have exceeded the expectation of doctors and patients with the Internet of Things (IoT). Sensors, connectivity, system applications, mobile devices and analytics have opened an array of possibilities on how medical devices can contribute to the health of people, cost and type of services. Medical device companies are transforming themselves from devices/consumables providers to disease/care management organizations. … Continue reading IoT Medical Devices (MD) – Transformation and Capabilities of MD