Iot Based Quotes

Not futuristic enough? What about an interspecies Internet—one that links elephants, dolphins, and great apes for “the purposes of enrichment, research, and preservation”? Though it may sound crazy, it’s already here. In Australia, for example, there are over 300 sharks on Twitter (no, they did not sign up themselves). Researchers fitted 338 sharks, including many great whites, with acoustic tags that send an electronic signal to shore-based receivers when the animals come within half a mile of the beach. For a country that has suffered more fatal shark attacks than any other, this IoT development is saving human lives, and the sharks have attracted nearly forty thousand beach-going Twitter followers as a result.

If the technology platforms of the First and Second Industrial Revolutions aided in the severing and enclosing of the Earth’s myriad ecological interdependencies for market exchange and personal gain, the IoT platform of the Third Industrial Revolution reverses the process. What makes the IoT a disruptive technology in the way we organize economic life is that it helps humanity reintegrate itself into the complex choreography of the biosphere, and by doing so, dramatically increases productivity without compromising the ecological relationships that govern the planet. Using less of the Earth’s resources more efficiently and productively in a circular economy and making the transition from carbon-based fuels to renewable energies are defining features of the emerging economic paradigm. In the new era, we each become a node in the nervous system of the biosphere.

in IoT, there’s no such thing as a straightforward B-to-B or B-to-C market approach. You can have many different kinds of customers. The physical device is just an enabler. Your value lies in your IP, the usage data from your customer base, and your ability to trade information across multiple markets.

If there’s one thing I’ve learned from working with all these large manufacturing companies, it’s that this shift can truly drive growth. What happened to the technology sector is going to happen to the manufacturing sector—I’m sure of it. Why? Because IoT allows you to rediscover your customers. It lets you learn what they really want. In fact, I would argue that the only true competitive advantage is your relationship with and knowledge of your customers. Think about it—what’s the first thing your competitor does when you put out a new product? It buys that product on the open market and sends it to the R&D lab, which then proceeds to dismantle it, benchmark it, and reverse-engineer it in a thousand different ways. Your competitors can’t do that with the collective intelligence of your customer base. That’s something that you, and only you, can own. It’s an incredibly powerful advantage.

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