Teaching People about IoT for Business

Whether you call it the industrial Internet of Things, Industry 4.0 or BtoB IoT, many will argue IoT for business is the next big thing. Here are some examples of people that might benefit from learning more about what PrecisionStory has to offer.

As a management consultant, you’ll already be familiar with buzzwords such as the Internet of Things (IoT), Industrial Internet and Industry 4.0. But what staff resources do businesses need to implement an IoT solution? How do you deal with the client’s security fears? And, maybe more fundamentally, who in the organization actually owns IoT?

Check out the article “IoT for the Management Consultant” from the first issue of a new magazine D/sruption entitled IoT for the Management Consultant. It answers three questions we think every management consulting firm might have about IoT. The article is also available online here.

And if you’d like to spend a morning and learn more about the fundamentals of IoT join well over 1,000 other people in enrolling in the new, free online Precision IoT class.

And if you’re more accustom to learning through a physical or eBook, consider joining thousands of others who are reading the book: Precision: Principles, Practices and Solutions for the Internet of Things.

"In the future every business will be a digital business. William Gibson’s quote “The future is here – it’s just not evenly distributed” is very apropos to the current state of affairs. It is important for businesses to begin their journey to being digital. This book provides both the crystal ball into the future as well as a roadmap to get started.”

>–– Bill Ruh, CEO, GE Digital and Chief Digital Officer, GE

If you’re selling or marketing IoT software your client is either an enterprise that builds machines (e.g., gene sequencer, wind turbine or combine-harvestor) or an enterprise that uses machines (e.g. hospital, utility or farm). IoT applications require many products to work together. So whether it’s the software on the machine itself, or software on the edge or in the cloud it’s useful to understand the other parts of the puzzle.

And of course if you’re selling or marketing it’s important to have use cases and the business logic for making these investments. For instance, in Precision IoT (both as a book and an online course) you might start with lecture 9 to see both the three business cases for companies that build machines and the four business cases for companies that use machines. Then go through lectures 10-24 to see current IoT applications in a variety of industries. And if you’re more technical, consider taking a deeper dive by looking at lectures 1-9.

“A glimpse into how modern technology will affect methods of doing business today, tomorrow and for future generations. This is a must read informative guide for anyone who is truly connected. Read it. Read all of it.”

–– Martin Richenhagen, Chairman, President and CEO, AGCO

If you’re selling or marketing next generation connected, instrumented machines it’s useful to understand both the four generic business cases (that’s lecture 10). As well as check out the lectures that show cases of companies that use machines e.g., Precision Farming, etc.

“IoT represents a real opportunity for new enterprise applications. Precision does an excellent job of identifying the key attributes of the technologies that will be required to connect and collect data from Things and turn them into game-changing insights and business models.”

–– Rob Bearden, CEO, Hortonworks

As is the case with many recent college graduates, some of you aren’t interested in working on ads, dating websites or more social media. You’ve probably heard about IoT, but like many of us wondered why on the consumer side your toaster should talk to your coffee maker. However, if you take a look at the business side, you quickly come to realize that IoT software promises to reshape the fundamental industries for the planet – such as power, water, agriculture or healthcare. This translates into enormous opportunity.

While this Precision IoT is not a deep dive into machine learning or mesh networks it does promise to give you a framework to think about other components you’ll need in delivering a precision application. In lectures 1-10, we’ll cover both principles and current practices as well as highlight new opportunities. Finally the fourteen case, studies which cross ten industries, should give you a much better idea of the current use cases, as well as many current approaches.

The machine of the future is likely to employ many more sensors connected to a computer with lots of software, which will control, manage and optimize the machine. Think of a Tesla as the most advanced form of this idea, where new features are being introduced thru software upgrades. If machines of the future will be powered by software then is the current crop of mechanical engineers being educated on software engineering?

A not so exhaustive sample of mechanical engineering curriculum suggests the only answer today is to send mechanical students over to the CS department. At Stanford, if they had the time, that would mean taking CS106A and B. While certainly worthwhile, these students would never understand fundamental concepts such as:

  • The range of sensors (e.g., optical, proximity, acceleration, magnetic, acoustic, flow, gas level, humidity, force, strain, etc.) and how they are interfaced to the computer.
  • The variety of ways of connecting machines to modern cloud computing infrastructures (e.g. SigFox, LoRa, Wifi, 5G, Satellite, Zigbee)
  • The stack, the operating system environments, development environments and open source to use to create a modern machine application.

While not necessarily providing you detailed depth, Precision IoT will teach you a basic framework you can utilize to make sense and extend your knowledge of IoT solutions.

Ultimately, a business will deploy the IoT solution, whether that business is in agriculture, buildings, mining, healthcare, power, water, etc... That business will deploy an IoT solutions because it will better the business either by enhancing the overall product and/or by lowering the costs. Read this article It’s Time to Learn the Fundamentals of IoT to get an overview of how IoT can possibly enhance your business.

And of course, if you want to go one level deeper, then consider reading the bookPrecision IoT or taking the free online class.

Precision IoT: The Book
Precision IoT: The Class
Precision IoT: The IoT Company Directory