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Saturday, October 28, 2017

SAS Blog on the Internet of Things

The Internet of Things is happening now    By Randy Guard 

If you’ve been waiting for the buzz to settle around the Internet of Things before deciding how to invest in this new technology space, now’s the time to stop waiting. I’ve been working in the technology sector for a few decades, and the innovation and excitement I’m seeing around IoT is unlike anything else I’ve seen.

The nature of the market around IoT is in an exciting state of frenzy. There’s so much potential across so many industries – and so many players bringing truly innovative ideas to the market. And it was all on display at the recent IoT Solutions World Congress in Barcelona.

Randy Guard on stage at IoT World Congress

My presentation featured a discussion with Garret Fitzgerald of GE Transportation, who explained how his company is using the power of IoT analytics to completely reshape its business.
Attending the presentations and walking through the showcase floor (including the testbed displays), it’s clear that we’re not in a silly gadget phase of IoT anymore but well into a productive phase of practical ideas for commercial use. IoT use cases on display included:

- Predictive maintenance for connected elevators.
- Condition based monitoring for high value assets in the field, like locomotives, delivery trucks, and even the cargo/parcels being shipped.
- Hacker detection and prevention for digital substations.
- Early detection of crop-damaging weather events.
- Augmented reality for maintenance and service of sensitive assets.
- Smart city applications all around the world.  .... "

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