The Private Equity Digital Transformation Show (general)

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

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Category:general -- posted at: 12:00am PDT

Big Data is big! It’s another entire industry that’s subsumed by the Internet of Things. There’s a lot to consider but it all starts with your business information requirements – what you get by transforming the raw sensor data you collect into business value you can use. In this episode of the IoT Business Show, I speak with Big Data expert Mark van Rijmenam to conclude our seven-part miniseries on analytics by covering the entire array of what’s available.

Read the rest of the show analysis notes including the transcripts at: https://www.iot-inc.com/full-array-of-big-data-applied-to-iot-podcast/

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Direct download: new_internet_of_things_business_podcast_order32.mp3
Category:general -- posted at: 12:00am PDT

Using external data in addition to your internal data is strategic. Besides public microservices, business systems, and IoT products, an emerging source of external data is the datamart, otherwise known as the data marketplace or data exchange – places where you can buy and sell data on the open market. But should you sell your data and are there any other options to do so? In this episode of the IoT Business Show, I speak with Tim Panagos about setting up your own datamart and the inherent value in doing so - even if you don’t plan on selling anything at all.

Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast118note

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Direct download: new_internet_of_things_business_podcast_order31.mp3
Category:general -- posted at: 12:00am PDT

Opensource software is mainstream. But opensource data? Yeah, and it can be found in a datamart near you. The thinking is, if you make your data freely available for all to use; all will improve it. It will be made more consumable, you will get feedback on how to use it and perhaps counterintuitively, you will learn how to value it. In this episode of the IoT Inc Business Show, I speak with Nicolas Terpolilli about applying the opensource ethos to data within the data exchange.

Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast116notes

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Category:general -- posted at: 12:00am PDT

One of data science’s dirty little secrets is the time spent data wrangling, that is accessing the data and then transforming it into a form compatible with your data tools and chosen analytical and learning models. Most agree this can take a full 75-80% of data science time. In this episode of the IoT Inc Business Show, I speak with Adam Mayer about data access and form when shopping at your local datamart.

Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast115notes

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Category:general -- posted at: 12:00am PDT

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

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Category:general -- posted at: 12:00am PDT

They say data is the new oil. Well if that’s the case, then like oil, crude data must be refined and packaged to make it useful and consumable. If you believe, like I believe, that all incremental value from an Internet product comes from transforming its data into useful information, then external sources of data, when combined with internal data, can become very valuable, indeed. In this episode of the IoT Business Show, I speak with David Knight about third-party data markets and syndicates.

Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast67notes

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Category:general -- posted at: 12:00am PDT

Business is all about creating value and then monetizing it, and it’s no different in IoT. For companies to succeed in IoT, both value creation and value monetization must be mastered. In this episode of the IoT Business Show, I share with you three lessons from the ICIP Business course. The first, an overview of the value creation framework, that walks through the four types of value creation in IoT. The next lesson is on one of the five classes of business models used in IoT – the Service business model. And the third lesson is an overview of risk management – the business counterpart to cybersecurity. This episode is a lot shorter than last week’s but packs a big punch.

Read the rest of the show analysis notes including the transcripts at http://bit.ly/IoTPodcast98notes

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Category:general -- posted at: 12:00am PDT

Every IoT product, system or environment I’ve worked on has pivoted. And I don’t mean slight pivots, I’m talking 180 degrees or more. Why? Because the Internet of Things is new. New to the product builder and new to their customers. Because of this newness and the planning fallacy, it’s important to take a highly iterative approach to development. In this episode of the IoT Business Show, I speak with Jeff McGehee about agile development and how to use it most effectively when building a new IoT product.

Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast121notes

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Direct download: internet_of_things_business_podcast_episode121.mp3
Category:general -- posted at: 3:31am PDT

It takes a lot, and I mean a lot, to get me to download yet another app on my phone, especially one that’s going to try to sell me something… but, I’m open to Retail-IoT tech. I’m not much of a physical shopper, probably because I find the whole shopping experience so dreary, but this so-called offline-online convergence within retail has piqued my interest. In this episode of the IoT Business Show, I speak with Oleg Puzanov about proximity marketing and where it’s headed with IoT.

Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast66notes

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Category:general -- posted at: 12:00am PDT

If you’ve been listening to my show for a while you know I’m a lover of IoT platforms. It just doesn’t make sense to create your own plumbing from scratch – especially since there are so many beauties to choose from that sport business models that are so agreeable early on. But what about open source platforms – are they ready yet for primetime? In this episode of the IoT Business Show, I speak with Hans Scharler about where open source platforms are today, and when it makes most sense to use them.

Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast65notes

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It’s a heck of a lot easier than it used to be but most IoT projects still involve custom system integration – the question now is how much. Although the definition of an IoT platform, or AEP, is not always clear, what is clear is that using a platform saves a lot of time and a lot of system integration work. There may be legitimate reasons to develop your own platform in house but by definition, this means you become a software company – big time. In this episode of the IoT Business show, I speak with Bryan Kester to get his take on what an IoT platform is, the technologies involved and a candid view on the strengths and weaknesses of IoT platforms today.

Read the rest of the show analysis notes including the transcripts at: https://www.iot-inc.com/evolving-internet-of-things-platform-podcast/

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Direct download: new_internet_of_things_business_podcast_order21.mp3
Category:general -- posted at: 12:00am PDT

On the surface, building your own IoT cloud seems pretty straightforward, but brush away some of the fluff and you’ll find the non-trivial issues of data velocity, message processing, scalability, redundancy and robustness. In this episode of the IoT Business Show, I discuss the IoT cloud with Dan Collins, its differences with the IT cloud and the issues to consider when building or buying.

Read the rest of the show analysis notes including the transcripts at: https://www.iot-inc.com/true-nature-iot-cloud-service-podcast/

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Direct download: new_internet_of_things_business_podcast_order18.mp3
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What’s the IQ of your city? There are a few ways to raise it to become a smart city. The bottom-up approach starts with a few IoT pilots to see what sticks and what the operational implications are. The top-down approach looks at the city as a platform providing interconnectivity. In this episode of the IoT Business Show I speak with Miguel Gamiño, San Francisco’s CIO, about his approach to make his city the smartest of them all.

Read the rest of the show analysis notes including the transcripts at: http://bit.ly/IoTPodcast60notes

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I’m sold. In fact, I’ve been sold since early 2014 when I first started digging into the emerging Low Power Wide Area (LPWA) market. I’m sold not because it’s cool tech – I’m sold because it's affordable. The price makes business sense for a wide range of IoT use cases – some we’re familiar with and others we haven’t even considered yet due to current cost structures. In this episode of the IoT Business Show, I speak with Hardy Schmidbauer of the LoRa Alliance and Thomas Nicholls of Sigfox about what LPWA is and the different ways it’s sold.

Read the rest of the show analysis notes at: http://bit.ly/IoTpodcast34notes

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Direct download: new_internet_of_things_business_podcast_order15.mp3
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Listen to this analysis episode with Bruce Sinclair where he analyses the latest IoT news or practices or unanswered IoT questions from a business perspective. In this episode, Bruce discusses what it actually means when discussing standards in IoT and how they are related to protocols and why we can’t standardize everything in the Internet of Things.

Read the rest of the show analysis notes at: http://www.iot-inc.com/what-do-you-mean-by-iot-standards-podcast/

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There’s a symbiotic partnership between standards organizations, like the IETF and IEEE, and the non-profit alliances, groups, and IoT consortia. The IoT industry needs standards but sometimes the standards organizations, when left to their own devices, can be guilty of satisfying only the vendors’ needs who are on the committees or being too broad, satisfying everyone but producing nothing of value. The non-profit IoT consortia play a major role in driving requirements for these standards and their subsequent testing, certification, and marketing. The grey zone is when the consortia get into the standards game. There’s value in making “standards” of standards but it can also be detrimental to the industry at large when they are not made open to the public.

Read the rest of the show analysis notes including the transcripts at: https://www.iot-inc.com/internet-of-things-standards-bodies-consortia-podcast/

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Direct download: new_internet_of_things_business_podcast_order13.mp3
Category:general -- posted at: 12:00am PDT

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 at: http://bit.ly/IoTPodcast91notes

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Direct download: new_internet_of_things_business_podcast_order82.mp3
Category:general -- posted at: 12:00am PDT

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

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Direct download: new_internet_of_things_business_podcast_order81.mp3
Category:general -- posted at: 12:00am PDT