The Internet of Things (IoT) Show with Bruce Sinclair

The IoT Business Show is brought to you by: www.iot-inc.com.


Okay, our blockchain discussion isn’t quite over yet. Let me ask the question again, is blockchain ready to transact IoT business? The answer is still a resounding “no” but let me caveat it by saying, there are newer technologies that address blockchain’s bottlenecks and deployment weaknesses. Introducing alternative DLTs – distributed ledger technologies. In this episode of the IoT business show I speak with Ashish Mehta about the options available for those who want to incorporate blockchain-like functionality into IoT today.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast96notes


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Direct download: internet_of_things_business_podcast_96.mp3
Category:general -- posted at: 4:30am PST

The IoT Business Show is brought to you by: www.iot-inc.com.


Is blockchain ready to transact IoT business? That’s the question I’ve been trying to answer during this mini-series. While the quest has been intellectually interesting and frustrating at the same time, the answer is a resounding “no.” Although the tech is cool, blockchain is nowhere near ready to be used for business within the budgetable future. In this episode of the IoT business show I speak with Rhian Lewis about the promise and challenges of transacting with blockchain, Ethereum, and cryptocurrencies in IoT.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast95notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_95.mp3
Category:general -- posted at: 7:02am PST

The IoT Business Show is brought to you by: www.iot-inc.com.


There’s an evangelical tone surrounding blockchain and if you believe some of its biggest preachers, blockchain will completely change how the internet, and by association, the Internet of Things, will work, and in the process, will change the world. When I find myself slipping into this worldview I shake myself back into reality by looking at it from a business perspective. In this episode of the IoT business show I speak with David Snyder to better understand the tech in order to better understand the business opportunity blockchain represents.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast94notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_94.mp3
Category:general -- posted at: 6:19am PST

The IoT Business Show is brought to you by: www.iot-inc.com.


Want to incorporate blockchain into IoT? Well, that’s a pretty tall order but you have two ways to go about it. Go it alone to build the world’s best IoT blockchain protocol and hope it’s adopted or join others that have similar goals to build the world’s best IoT blockchain protocol in hopes that it’s adopted. In this episode of the IoT Business Show, I speak with Zaki Manian about the technology and business advantages of blockchain in IoT and the approach the Trusted IoT Alliance is taking to make them a reality.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast93notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_93.mp3
Category:general -- posted at: 4:39am PST

The IoT Business Show is brought to you by: www.iot-inc.com.


Blockchain. One of the few technologies more hyped than IoT. Put them together and it’s a hypefest. But is it warranted? Honestly, I don’t know but I can tell you, for me, the decision is not going to be based on if it’s cool tech, it’s going to be based on, if that cool tech contributes to making more money. In this episode of the IoT Business Show, I speak with Jessica Groopman about what blockchain is and how it fits into the Internet of Things.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast92notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


And lastly, don't forget to subscribe to the podcast to get automatic updates every time a new episode goes live.

 

Direct download: internet_of_things_business_podcast_92.mp3
Category:general -- posted at: 8:00am PST

The IoT Business Show is brought to you by: www.iot-inc.com.


The thing about the GDPR, whether we like it or not, is that it’s forcing us to do the right things when it comes to sensitive data in IoT. While there’s certainly a burden to bear, following its regulations on subject’s rights is a guide book on the right way to handle consumer privacy. So use its introduction as a reason to catapult this part of your business forward. In this episode of the IoT Business Show, I speak with Chris Perram about the first steps to compliance and how to take them.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast91notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


And lastly, don't forget to subscribe to the podcast to get automatic updates every time a new episode goes live.

 

Direct download: internet_of_things_business_podcast_91.mp3
Category:general -- posted at: 7:50am PST

The IoT Business Show is brought to you by: www.controlcenter7.com and www.iot-inc.com.


The GDPR, or General Data Protection Regulation, is coming – whether we like it or not. Before you dismiss it as a European thing, take a second look, because on May 25, 2018, data privacy is going to change worldwide and forever. The EU is stepping up and leading the world in defining the future of data privacy. In this episode of the IoT Business Show, I speak with Rosie Burbidge about the GDPR, why it’s consequential and why it’s going to affect you.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast90notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


And lastly, don't forget to subscribe to the podcast to get automatic updates every time a new episode goes live.

 

Direct download: internet_of_things_business_podcast_90.mp3
Category:general -- posted at: 9:44pm PST

The IoT Business Show is brought to you by: www.controlcenter7.com and www.iot-inc.com.


The digital twin can be hierarchical – representing environments, systems, products and even parts. When digitizing supply networks with digital twins, the network can be a digital twin of its systems, which can be digital twins of their assets, which can be digital twins of their parts which themselves can be digital twins. Sound complicated? It doesn’t need to be. Start at the level of the hierarchy that returns the most value and proceed from there. In this episode of the IoT Business Show I speak with Dr. Lane Warshaw and Aaron Parrott about the digital twin and its profound use in digital supply networks.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast89notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_89.mp3
Category:general -- posted at: 10:04am PST

The IoT Business Show is brought to you by: www.controlcenter7.com and www.iot-inc.com.


We’ve discussed the digital twin at length but what is the cognitive digital twin? Is it possible to develop cognitive computing models with our data to endow our digital twin with artificial intelligence? The answer is yes, and in this episode of the IoT Business show I speak with Dr. Ahmed El Adl about how this is done and the situations where an AI approach to reaching insights may be better than an analytics approach.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast88notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


And lastly, don't forget to subscribe to the podcast to get automatic updates every time a new episode goes live.

 

Direct download: internet_of_things_business_podcast_88.mp3
Category:general -- posted at: 4:00am PST

The IoT Business Show is brought to you by: www.controlcenter7.com and www.iot-inc.com.


The digital twin is a federation of data and models that can be analyzed or put into a simulation to create useful information about the past, present or future of the DTs physical twin. The type of model and the level of model can make or break the analysis or simulation. In this episode of the IoT Business Show I get down and dirty with Jim Tung, breaking the digital twin down in order to understand this most important tech at both the atomic and system level.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast87notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_87.mp3
Category:general -- posted at: 6:09am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


The IoT platform is generally thought of as networking tech – middleware to connect all the IoT components together – and often it is, but a certain class of platforms, the so-called, application enablement platforms, or AEPs, also provide the development and execution environment for the digital twin. In this episode of the IoT Business Show, the third in a series on the digital twin, I speak with Jason Schern and Jeff Miller about the dt and its relationship to the AEP.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast86notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_86.mp3
Category:general -- posted at: 1:35am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


The reason the digital twin, or software-defined product, as I prefer to call it, is the most important IoT tech, is because it’s the basis for the unique functionality possible from using the Internet of Things. Going beyond smarts or connectivity, it is this unique functionality that creates value, enough value that results in a profitable IoT product. In this episode of the IoT Business Show, the second in a series on the digital twin, I speak with Arnulf Hagen about the underlying models of the digital twin, and the high-level ways you can use them to create value.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast85notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


And lastly, don't forget to subscribe to the podcast to get automatic updates every time a new episode goes live.

 

Direct download: internet_of_things_business_podcast_85.mp3
Category:general -- posted at: 12:09am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


The digital twin, or software-defined product as I prefer to call it, is the most important tech in IoT, yet you hardly hear anything about it, when compared to other IoT tech such as sensing, networking and analytics. Maybe it’s because it’s such a new and abstract concept for most people. Well, that’s about to change. In this episode of the IoT Business Show I speak with Dimitri Volkmann about producing the digital twin for the Industrial Internet of Things.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast84notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_84.mp3
Category:general -- posted at: 8:05am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


Bruce Sinclair narrates the introduction chapter of his book, IoT Inc: How Your Company Can Use the Internet of Things to Win in the Outcome Economy. The book has 16 chapters plus a preface, the introduction chapter I read here and a conclusion chapter. If you want an overview of the 16 chapters, listen to the bonus episode two podcast episodes back.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast83notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_83.mp3
Category:general -- posted at: 4:37am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


Listen to this episode with Bruce Sinclair which is a recording of his opening keynote address at Insurance Nexus 2017 in Chicago. This speech, entitled, The Internet of Things and Insurance, discusses the opportunities and threats that IoT tech presents to the Insurance industry and uses an example from Bruce’s family for illustrative purposes.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast82notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


And lastly, don't forget to subscribe to the podcast to get automatic updates every time a new episode goes live.

 

Direct download: internet_of_things_business_podcast_82.mp3
Category:general -- posted at: 1:23am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


In this bonus episode, Bruce will provide a short, high-level summary of each chapter of his book, IoT Inc: How Your Company Can Use the Internet of Things to Win in the Outcome Economy. The goal is to help you get to know it better. It’s not a reading from the book, but it will give you an overview of the topics covered in its 300 pages.


The book is divided into three parts and 16 chapters:


Part One: The Business End of IoT

  • Chapter 1: IoT Tech Defined from a Value Perspective
  • Chapter 2: Creating Value with IoT
  • Chapter 3: Monetizing IoT Value
  • Chapter 4: The Changing Customer Relationship

Part Two: Analyzing Your Business Through the IoT Lens

  • Chapter 5: Your Industry and The Changes Coming
  • Chapter 6: IoT Competition and IoT Competitive Advantages
  • Chapter 7: The Outcome Economy
  • Chapter 8: Your IoT Company – Department by Department
  • Chapter 9: Defining Your IoT Product’s Requirements
  • Chapter 10: Getting Started

Part Three: A Tech Deep Dive on IoT

  • Chapter 11: The Software-Defined Product
  • Chapter 12: The Hardware-Defined Product
  • Chapter 13: The Network Fabric
  • Chapter 14: External Systems Including Other IoT Products
  • Chapter 15: IoT Analytics on Big Data
  • Chapter 16: IoT Cyber Security and Risk Management


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.

And lastly, don't forget to subscribe to the podcast to get automatic updates every time a new episode goes live.

 

Direct download: iot_inc_book_overview_podcast.mp3
Category:general -- posted at: 3:08am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


There’s no denying it, robots are cool, even more cool when you call them cyber-physical systems, which is what they are, but they’re also IoT systems. And applying the thinking of IoT to robots makes them even cooler and more valuable because instead of being discrete systems, they can be integrated as a component of an IoT environment, working together with other components, to deliver outcomes. In this episode of the IoT Business Show I speak with Chris Jones of iRobot about the Roomba and its place in the IoT world.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast81notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_81.mp3
Category:general -- posted at: 3:07am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


We’ve all heard it before: garbage in – garbage out. This is especially problematic with IoT data where dirty data, data that is well-formed but wrong, can cause a butterfly effect chain reaction, polluting the data lake, resulting in bad decisions and bad business. In this episode of the IoT Business Show I speak with James Branigan about what bad data is, how to identify it, stop it and then deal with the aftermath.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast80notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_80.mp3
Category:general -- posted at: 3:26am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


There are two types of manufacturing: discrete manufacturing where the output is physical, countable things, and process manufacturing, where the output is chemistry – think oil & gas. Process manufacturing has been consistently instrumented for over two decades so it is not surprising that they’re a little ahead of their discrete counterparts on their path to IoT. In this episode of the IoT business show I speak with Peter Zornio about IoT analytics in process manufacturing, and his advice is applicable to all industries.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast79notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_79.mp3
Category:general -- posted at: 8:40am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


There’s all kinds of opinions about where the value is in IoT. Well, a group that put their money where their mouths are, are investors. This is a panel discussion where I interview two VCs with similar goals but different approaches. In this episode of the IoT Business Sow I speak with Upal Basu and Jesse DeMesa about what they look for when making an Internet of Things investment.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast78notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


And lastly, don't forget to subscribe to the podcast to get automatic updates every time a new episode goes live.

 

Direct download: internet_of_things_business_podcast_78.mp3
Category:general -- posted at: 5:57am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


Lose five pounds of belly fat in five days! Sound too good to be true? Yeah, it probably is and because of that you would expect the FTC to be all over it. But instead of weight loss products, what about IoT products? What’s fair? What’s deceptive? In this episode of the IoT show I speak with Jared Ho about the FTC’s role in IoT and some guidelines to help your company navigate through the gray.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast77notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_77.mp3
Category:general -- posted at: 4:17am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


Security and privacy are uttered together so often that many believe they’re the same thing. They’re not. Security is a technical issue and privacy is a business issue, and furthermore, privacy is only one type of liability that should be considered when talking IoT security. In this episode of the IoT Business Show I add a bit of sharpness to the security and privacy narrative.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast76notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_76.mp3
Category:general -- posted at: 2:24am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


What’s the legal definition of a product? Does it cover IoT and is IoT classified a product or a service? Given our laws were never designed for the types of products being sold today, it’s not surprising that there are different interpretations of our current laws and regulations when it comes to IoT. In this episode of the IoT Business Show I speak with Ron Quirk and Alex Schneider about the legal limbo we’re in and how the legal landscape is evolving to catch up with the times.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast75notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


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Direct download: internet_of_things_business_podcast_75.mp3
Category:general -- posted at: 1:38am PST

The IoT Business Show is brought to you by: http://www.iot-inc.com


Let’s face it, deploying IoT within a company, especially a large one, is an exercise in change management. To be successful on this multi-year journey takes a lot of planning, getting your priorities straight, some politicking and a bit of luck. There’s no need to reinvent the wheel, learn from your peers. In this episode of the IoT Business Show I speak with Maciej Kranz who shares his experience in what works and what fails miserably.


Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast74notes


Consider taking 60 seconds to leave an honest review and rating for the podcast on iTunes. They are extremely helpful when it comes to ranking the show and you can be sure I read every one.


And lastly, don't forget to subscribe to the podcast to get automatic updates every time a new episode goes live.

 

Direct download: internet_of_things_business_podcast_74.mp3
Category:general -- posted at: 2:02am PST

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