Apps

Organizations that use the Internet of things

The businesses and other organizations that use IoT systems are faced with a multitude of opportunities—and maybe just as many challenges. Depending on the industry, IoT applications can have far-reaching effects on how companies operate and may even force changes in business models. Some businesses (automobile manufacturers, for example) need to master both use of …

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The evolving science of managing for sustainability

For individuals, businesses, and public-sector organizations, managing energy, greenhouse gas emissions, and social responsibility have important implications. First, there is the moral and regulatory imperative to operate in an environmentally responsible manner. Second, dramatic cost savings can be gained by reducing resource consumption and waste. Finally, there is pressure from suppliers, customers, communities, and other …

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Enabling Sustainable Digital Highways

Julius Genachowski, chairman of the US Federal Communications Commission, aptly described the relevance of broadband as a vital asset with an impact that extends far beyond the telecommunications sector: “Broadband is the great infrastructure challenge of our generation. It is to us what railroads, electricity, highways, and telephones were to previous generations—a platform for commerce, …

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The business roadmap to sustainability: The role of information technology

Doing the work associated with the next loop of the sustainability roadmap helps organizations expose weaknesses in their data quality and processes and establish a strong foundation for sustainability performance moving forward. Analyze and Benchmark Once the sustainability initiative has been modeled, analyzed, and vetted, the current state of the company’s execution must be benchmarked …

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ICT Supporting the Smart Economy: The Case of Ireland

This case study examines the contribution of information and communication technologies (ICT) to national economic development in the context of Ireland’s National Knowledge Society Strategy. It charts the evolution of the national industrial development strategy from early-stage, low value-added manufacturing to higher value-added innovation-driven approach and identifies essential steps relating to public investment in education …

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Interoperability is a critical source of value in IoT systems

One of the central findings from our sizing exercise is the importance of interoperability in generating maximum value from IoT applications. We estimate that situations in which two or more IoT systems must work together can account for about 40 percent of the total value that can be unlocked by the Internet of Things.8 In our …

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OPTIMIZE people, processes, and technology to get faster results

Just how much will videoconferencing, telecommuting, or hybrid vehicles in the company fleet reduce the output of greenhouse gases? To what degree will a change in materials or methods affect other processes and the bottom line? How does one factor supply chain practices into one’s own carbon footprint? Which initiatives will have the best impact …

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THE INTERNET OF THINGS: MAPPING THE VALUE BEYOND THE HYPE

By blending physical and digital realms, the Internet of Things (IoT) vastly expands the reach of information technology. The myriad possibilities that arise from the ability to monitor and control things in the physical world electronically have inspired a surge of innovation and enthusiasm. The sweeping changes that IoT can bring to how companies manage …

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Users of IoT technologies will capture most of the potential value over time

As in other technology markets, the end customer ultimately captures the most value, we find. Eventually, we estimate that customers (such as factory owners using machines guided by IoT technology, operators of transportation fleets, and consumers) will capture upwards of 90 percent of the value opportunities IoT applications generate. In many settings, customers will capture value …

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