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IoT early adopters are reaping rewards in more timely, accurate, detailed, and reliable data.
Stephanie Jernigan and Sam Ransbotham
Many organizations are finding success with IoT projects with thoughtful planning.
Daniel Gettens et al.
For the IoT revolution to progress, data collection and data quality both must be greatly improved.
September 8, 2016 | Stephanie Jernigan, Sam Ransbotham, and David Kiron
We found that obtaining business value using the connections the IoT creates between an organization and its customers, suppliers, and competitors depends on companies’ willingness to share data with other organizations
Thomas H. Davenport et al.
In this webinar, Thomas H. Davenport and Stephan Kudyba discuss the process of developing a new generation of data products.
Marshall Van Alstyne and Steven Paul
In this webinar, Professor Marshall Van Alstyne discusses how platform strategy and IoT combine to produce value for all players in the ecosystem.
John Buccola et al.
In this webinar, authors and participants of MIT SMR‘s new research report on the IoT discuss how companies are deriving value from the Internet of Things.
February 27, 2017 | Executive Scholar Exchange: Sukamal Banerjee and Stephanie L. Woerner
Most businesses have embarked on their IoT journey or plan to, according to a recent study. To move beyond simple goals and realize the transformative benefits of IoT, it’s essential for these organizations to identify key market opportunities, encourage innovative thinking, invest in the IT foundation, disrupt business-as-usual, and incorporate a well-designed, centralized IoT platform into their strategy.
The Internet Revolution has so far not produced the kind of long-term productivity growth seen during the Industrial Revolution. Digital technology drove U.S. productivity growth above 3% annually only between 1996 and 2004. Since then, productivity has fallen to about 1.6% a year. General Electric argues that productivity growth will jump again as the industrial Internet emerges, connecting machines like turbines and jet engines to factories, and using analytics to make better decisions about maintenance and production.
This new blog from MIT Sloan Management Review explores ideas from different corners of the MIT community that are relevant to business executives. We will introduce you to research, people and events you might not otherwise encounter — things we hope you find useful and perhaps provocative. This week we look at gaping security holes in the Internet of Things and revisit the analytical revelations of Michael Lewis’s Moneyball.
March 15, 2016 | Suketu Gandhi and Eric Gervet
Products connected to the Internet of Things are providing unprecedented levels of information that can be used to improve both products and customer experience. For instance, a company does not have to wait until a customer calls with a complaint to know that a product connected to the Internet of Things is not working correctly. Instead, the product could already communicate the information, giving the company the ability to provide proactive service. Result: more loyal customers.
William Ruh (General Electric), interviewed by Michael Fitzgerald
GE global software chief William Ruh discusses the combined power of analytics and sensors.
Vince Campisi (General Electric), interviewed by Michael Fitzgerald
When it comes to big data, GE avoids warehousing and instead turns to the data lake approach.
Benn Konsynski (Emory University), interviewed by Gerald C. Kane
Companies and individuals will need to embrace impermanence and continual reconfiguring in “the remix era.”
Ben Waber (Humanyze), interviewed by Gerald C. Kane
Humanyze helps interpret social data so that businesses can identify the best collaborative practices of the most effective people.