© 2019 by BRIDGING VALUE LLC

IoT: the importance of "I"

November 17, 2019

Raise you hand if you have not heard the acronym "IoT" or its spread-out definition "Internet of Things"

 

 

 

 

 

 

 

If your answer is NO, just go back to the Food 4 Thought page.

 

 

 

 

 

If your answer is YES, allow me to ask few more questions;

 

 

 

 

 

 

 

 

  • When was the last time you heard about it?

  • Did you take it for granted or asked yourself what does it really mean?

  • Have you pondered about the direct consequences of the definition?

 

IoT is one of the most used acronyms of the past few years and was introduced in the book "the 4th Industrial Revolution" by K. Schwab. 

 

 

Every since, any conference any major corporation, any tech-savvy person somehow finds a way to push it into conversations, presentation, product launches and so on.

 

As most of us involved in innovation projects, my professional career brought me to bathe in designing, managing and launching products enabled by new communication technologies interacting within a defined ecosystem.

 

It is so engaging that back in 2014 one specific project earned to my team and I 9 patents prior to the acronym to even being created.

 

Developing something before it becomes mainstream pushes us into a deeper reflection. 

 

 

 

Particularly, we consider that the definition of "I" should be regarded differently than generally taken for granted.

 

If I stands for Internet, then the entire focus in on:

  • the connecting infrastructure

  • the reliability of the connection

  • the speed of connectivity

  • the structure of the shared information

The natural consequence of this approach is that we could compare the internet to a pipeline. By definition a pipeline is efficient when it at full capacity, hence Big Data.

 

However, Big Data does not make us smarter, nor allows for more educated decision-makIng, it grows our liabilities and is only a good business driver for Cloud-managing companies.

 

 

What if I stands for Intelligence the focus would be such that:

  • Smart Data will be more relevant than Big Data;

  • Simpler Sensors can be implemented generating significant economies in every project;

  • More objects can be "smarted-up" and open for new business opportunities;

  • Simpler analytical models ( can be applied and effectively drive decision-taking;

  • Preemptive strategies would be necessary instead on relying upon ML to "fish" for something;

 

In line with our natural "Own-your-Actions" philosophy, we strongly prefer this latter interpretation of the first letter of the acronym.

 

 

 

Intelligence associated with creativity and emotions are the key features of us Humans: one more reason to prefer I as Intelligence.

 

 

 

Pushing our conversation and building upon the same approach, we as Humans should take ownership of AI. 

 

 

 

We have initiated a LinkedIn hashtag #IntelligenceofThings to share more and more about the value of "Intelligence".

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