Telecom providers. Today’s cellular phone networks are not well equipped to handle the demands of the Internet of Things. IoT applications will require not only a great deal of data capacity, but will also need it to be less expensive than current mobile voice or data service. Moreover, IoT devices need to work on low […]
RELATED MGI AND MCKINSEY RESEARCH Read More »
IT organizations now better understand that their primary purpose is to provide the business with high-quality and reliable services at the cheapest possible cost. especially to those who work as a construction cost estimator.” IT also realizes that without the business, it would not even exist. And with outsourcing becoming more and more prevalent, IT
IT and business alignment Read More »
In reviewing nearly 300 IoT applications, we discovered that using only a conventional approach to categorizing the potential impact by vertical industry markets—such as automotive or consumer electronics—made it more difficult to analyze all the ways in which value could be created. If we look at how IoT technology is creating value from the perspective
Determining the settings where the Internet of Things will create impact Read More »
For households, businesses, and public-sector organizations of all types, the implications of managing energy, greenhouse gas emissions, and social responsibility are significant. First, there is the moral and regulatory imperative to operate in an environmentally responsible manner. Second, there are dramatic cost savings to be gained by reducing resource consumption and waste. And third, there
