Tag: Blockchain

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“Blockchain”

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Welcome to IoT Coffee Talk🎙️16 to chat about Digital #Tech #Analytics #Automation #IoT #DigitalTwins #Edge #Cloud #DigitalTransformation #5G #AI #Data #Industry40 & #Sustainability over a cup of coffee.

Grab a cup and settle-in with some of the industry’s leading business minds and technology thought leaders for a lively, irreverent, and informative discussion about IoT in a totally unscripted, organic format.

On this week’s episode, David Vasquez (Verizon), Leonard Lee (neXt Curve), Marc Pous (balena.io) and Rob Tiffany (Ericsson) dwell on the highway of IoT hell, blockchain. What does it really mean for IoT?  Will it ever be all that it has been hyped up to be for so many years?

Click below to check out IoT Coffee Talk wherever you get your podcasts:

Thanks for listening to us! Watch episodes at http://iotcoffeetalk.com/. Your hosts include Leonard Lee, Stephanie Atkinson, Marc Pous, David Vasquez, Rob Tiffany, Bill Pugh, Rick Bullotta and special guests.

We support Elevate Our Kids to bridge the digital divide by bringing K-12 computing devices and connectivity to support kids’ education in under-resourced communities. Please donate.

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“Blockchain Strikes Back”

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Welcome to IoT Coffee Talk🎙️19 to chat about Digital #Tech #Analytics #Automation #IoT #DigitalTwins #Edge #Cloud #DigitalTransformation #5G #AI #Data #Industry40 & #Sustainability over a cup of coffee.

Grab a cup and settle-in with some of the industry’s leading business minds and technology thought leaders for a lively, irreverent, and informative discussion about IoT in a totally unscripted, organic format.

On this week’s episode, Rick Bullotta (Twin Thread) and Stephanie Atkinson (Compass Intelligence) are back joining Marc Pous (Balena.io), David Vasquez (Verizon), Leonard Lee (neXt Curve), and Rob Tiffany (Ericsson) to discuss a bunch of stuff including innovation, AI and TinyML, Ericsson’s acquisition of Cradlepoint, Nvidia’s acquisition of Arm and many more tangents, but not before Rick drops Bandini Mountain on blockchain.

Click below to check out IoT Coffee Talk wherever you get your podcasts:

Thanks for listening to us! Watch episodes at http://iotcoffeetalk.com/. Your hosts include Leonard Lee, Stephanie Atkinson, Marc Pous, David Vasquez, Rob Tiffany, Bill Pugh, Rick Bullotta and special guests.

We support Elevate Our Kids to bridge the digital divide by bringing K-12 computing devices and connectivity to support kids’ education in under-resourced communities. Please donate.

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Generating New Revenue with the Internet of Things

Most assets are massively underutilized. This fact is often discovered once assets are made smart & connected to the world of the Internet of Things. #IoT #IIoT

Finding ways to increase the utilization of these often-idle assets is one of the biggest payoffs for an organization embarking on the IoT journey.

Underutilized assets like cars, offices, MRI machines, assembly lines, dishwashers, partially empty trucks on the road, conference rooms, & thousands of others must have their utilization optimized so they can earn their keep.

You wouldn’t let employees spend 75% of their working time taking smoke breaks. Your machines & supply chains should be no different. These underutilized assets & processes must be put to work in a full-time capacity.

This phenomenon is reminiscent of previously-idle servers in data centers that had their utilization boosted via operating system virtualization. They were put to work so they could earn their keep.

Connecting assets to IoT systems & analytics in order to reduce unplanned downtime & increase their remaining useful life are important first steps on your IoT journey to reduce operating expenses.

The next step is to increase the incremental utilization of these assets by connecting them to IoT & Blockchain facilitated digital marketplaces where their spare utilization can be rented to others in order to boost revenues.

As Machine Learning gets better at forecasting the level of asset utilization, a futures market can be created where counter-parties can trade upcoming free utilization.

Share idle assembly lines in factories w/ partners. Share free hours of MRI machine time w/ patients at other hospitals & medical plans. Know where trucks are going & how full they are so we can fill them. Know where unused food & idle commercial kitchens are & feed the hungry.

To sum up: Connect your assets to keep them healthy, know their utilization, & reduce operating costs. Offer up the underutilized portions of your assets to digital marketplaces or other matchmaking engines to earn additional revenue & help others who need what you have.