|By Kevin Benedict||
|June 23, 2014 09:00 AM EDT||
Last week I attended and spoke at the Internet of @ThingsExpo, in NYC. I was very excited to learn all about the latest developments in this space, and to share our research from the Center for the Future of Work at Cognizant. If you consider all the mobile devices and IoT sensors that are collecting and feeding data (Code Halos) into giant databases that can be analyzed around the world, then you can image the plethora of new business models and business services that will ultimately spin out of it.
My colleague, Peter Abatan, Program Manager, Mobility Services at Cognizant, has spent some time pondering connected smart cars and shares his predictions and insights with us today.
Google leads the way in terms of autonomous driverless cars. Their vehicles have altogether logged over 700,000 autonomous miles, and there is still a lot more to do in terms of development. The latest developments are of a model without a brake, gas pedal, or steering wheel making it a 100% autonomous vehicle.
Tesla has achieved a great deal to overcome the barriers of running electric cars over long distances (the current Tesla Model S can do over 250 miles on a single charge). They are also leading the way in making cars that are more software driven. With all these rapid developments in the automobile industry, it is quickly becoming apparent there will be a significant social impact on all of our lives.
Parking: When you commute into work you will never need to worry about parking. Your driverless car will drop you off at your office, and go back to pick the children up for school, or better still earn you some income by running as a taxi for fare. The implication of this is that local council authorities would have to find new sources of revenue as income from parking drops, it may be that in countries like the UK where the road tax goes to central government it may have to be redirected to local government. Airports and other businesses that derive income from parking are likely to need to find alternative revenue streams.
Car Ownership: Expect the car ownership model to change significantly. In this case a group rather than the individual would own the driverless smart car. In other words 2 or more people would leave their street in the morning all heading in the same direction for the next 20 miles, but passenger "A" gets off at a driverless smart car terminal to join another smart car that is heading in his direction of work, which is another 15 miles from the current terminal. The journey home at the end of the day heads in the reverse direction, where Passenger "A" joins his neighbours at the smart car terminal to make his way back home. This model results in a situation where you never need to own a car again, instead you rent what you use. Also if you have to work late, the driverless smart car can leave your street to pick you up at the office. Expect companies like Zipcar to be at the forefront of this new business model
Change in Work Patterns: The smart driverless car would become a workstation where you can work normally as you would in the office, so instead of starting work as soon as you step into the office, the driverless smart car is your office or a part of your office. Hence, if you have to travel 2 hours to work, and 2 hours back, you only need to spend 4 hours in the office if you are contracted to do 8 hours on a daily basis. Expect, the driverless smart car to have all the gadgets like superfast broadband, video conferencing, electronic wipe boards, telephones, etc. to make work seamless. Expect the configuration of the seating arrangement in the smart car to be flexible enough to host meetings, and at the same time allow for privacy if needed.
Connected Smart Cars: Smart cars can be connected to each other in every way. For example, if you have to take 2 or more cars to arrive at your destination you can program your journey such that you are not left waiting between connections. Smart cars would enable you to connect with your home, your office and other smart devices, this means there is never a time that you would not be reachable, unless you do not want to be contacted.
Car Insurance: With the Google car, so far having no accidents related to autonomous driving, it is hard to see how insurance companies can maintain their current economic model going forward. These cars are making millions of decisions per second that the possibility, and are likely to have a far better safety record than humans currently do. On the other hand, if the system is hacked it could be that Google or whoever owns the software is held responsible for any accidents. At the moment it is still too early to determine what the fate of motor insurance companies will ultimately be.
Less Time on the Road: Expect smart cars to do most of the running around for us. So on weekends when we usually visit Wal-Mart or Tesco to do our grocery shopping, we can simply send the driverless smart car and our shopping can be delivered from a conveyor belt into the car. Will this reduce the need for retail floor space as less people visit the shops? It seems likely as retailers are already trying to adjust to rapidly changing consumer behaviors as a result of online and mobile commerce. Other activities like dropping the children off at their weekend activities may not require a parent or guardian to be there, because they can be monitored via live video feeds. All this means means potentially more discretionary time.
More Accurate Travel Time Estimates: The driverless smart car through predictive analysis on road conditions would be able to let you know when to leave a location so you can arrive at a destination on time. By the time the driverless smart car becomes prevalent on our streets it would be able to communicate with other smart cars to make decisions on how to manage the traffic such that it always flows at a steady rate.
Predictive analysis used in smart cars also means these machines can predict the travel rate, the current weather conditions and use the information obtained to regulate speed in order to reduce the possibility of a congestion happening. The use of predictive analysis means you can forecast the probability of getting to work or reaching your travel destination on any particular day.
Connected Diagnostics: The driverless smart car would enable owners to see their car's performance and maintenance needs; the manufacturer or service provider could also alert the car owner of any maintenance issues. Any software anomalies or upgrades can be corrected through wireless technology. Fewer moving and vibrating parts mean that the total cost of ownership falls.
These are just a few ways that driverless smart car could impact our lives. While it is rumored that Google may not build their own car commercially, but sell its technology to other car companies, it will not be long before the driverless smart car becomes a commercial reality.
Kevin Benedict Writer, Speaker, Editor Senior Analyst, Digital Transformation, EBA, Center for the Future of Work Cognizant View my profile on LinkedIn Learn about mobile strategies at MobileEnterpriseStrategies.com Follow me on Twitter @krbenedict Browse the Mobile Solution Directory Join the Linkedin Group Strategic Enterprise Mobility Join the Google+ Community Mobile Enterprise Strategies Recommended Strategy Book Code Halos Recommended iPad App Code Halos for iPads
***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Jun. 29, 2016 01:15 PM EDT Reads: 247
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jun. 29, 2016 01:08 PM EDT Reads: 151
"We work in the area of Big Data analytics and Big Data analytics is a very crowded space - you have Hadoop, ETL, warehousing, visualization and there's a lot of effort trying to get these tools to talk to each other," explained Mukund Deshpande, head of the Analytics practice at Accelerite, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jun. 29, 2016 12:37 PM EDT Reads: 214
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jun. 29, 2016 12:00 PM EDT Reads: 1,188
Digital Initiatives create new ways of conducting business, which drive the need for increasingly advanced security and regulatory compliance challenges with exponentially more damaging consequences. In the BMC and Forbes Insights Survey in 2016, 97% of executives said they expect a rise in data breach attempts in the next 12 months. Sixty percent said operations and security teams have only a general understanding of each other’s requirements, resulting in a “SecOps gap” leaving organizations u...
Jun. 29, 2016 12:00 PM EDT Reads: 1,174
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
Jun. 29, 2016 11:58 AM EDT Reads: 245
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 29, 2016 11:22 AM EDT Reads: 215
Apixio Inc. has raised $19.3 million in Series D venture capital funding led by SSM Partners with participation from First Analysis, Bain Capital Ventures and Apixio’s largest angel investor. Apixio will dedicate the proceeds toward advancing and scaling products powered by its cognitive computing platform, further enabling insights for optimal patient care. The Series D funding comes as Apixio experiences strong momentum and increasing demand for its HCC Profiler solution, which mines unstruc...
Jun. 29, 2016 11:00 AM EDT Reads: 476
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Jun. 29, 2016 11:00 AM EDT Reads: 506
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
Jun. 29, 2016 11:00 AM EDT Reads: 420
Presidio Receives @EMCcorp Partner Services Quality Award | @ThingsExpo @Presidio #IoT #DigitalTransformation
Presidio has received the 2015 EMC Partner Services Quality Award from EMC Corporation for achieving outstanding service excellence and customer satisfaction as measured by the EMC Partner Services Quality (PSQ) program. Presidio was also honored as the 2015 EMC Americas Marketing Excellence Partner of the Year and 2015 Mid-Market East Partner of the Year. The EMC PSQ program is a project-specific survey program designed for partners with Service Partner designations to solicit customer feedbac...
Jun. 29, 2016 11:00 AM EDT Reads: 549
[session] The Factory of the Future, Today By @Cisco | @ThingsExpo #IoT #BigData #DigitalTransformation
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
Jun. 29, 2016 10:45 AM EDT Reads: 535
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Jun. 29, 2016 10:00 AM EDT Reads: 1,272
University of Colorado Athletics has selected FORTRUST, Colorado’s only Tier III Gold certified data center, as their official data center and colocation services provider, FORTRUST announced today. A nationally recognized and prominent collegiate athletics program, CU provides a high quality and comprehensive student-athlete experience. The program sponsors 17 varsity teams and in their history, the Colorado Buffaloes have collected an impressive 28 national championships. Maintaining uptime...
Jun. 29, 2016 10:00 AM EDT Reads: 700
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
Jun. 29, 2016 09:45 AM EDT Reads: 904
The idea of comparing data in motion (at the sensor level) to data at rest (in a Big Data server warehouse) with predictive analytics in the cloud is very appealing to the industrial IoT sector. The problem Big Data vendors have, however, is access to that data in motion at the sensor location. In his session at @ThingsExpo, Scott Allen, CMO of FreeWave, discussed how as IoT is increasingly adopted by industrial markets, there is going to be an increased demand for sensor data from the outermos...
Jun. 29, 2016 09:25 AM EDT Reads: 217
"SpeedyCloud's specialty lies in providing cloud services - we provide IaaS for Internet and enterprises companies," explained Hao Yu, CEO and co-founder of SpeedyCloud, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jun. 29, 2016 09:15 AM EDT Reads: 959
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection. In his session at 18th Cloud Expo, Bradley Holt, a Developer Advocate with IBM Cloud Data Services, discussed...
Jun. 29, 2016 09:15 AM EDT Reads: 972
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
Jun. 29, 2016 09:15 AM EDT Reads: 473
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Jun. 29, 2016 09:15 AM EDT Reads: 1,424