The ‘Internet of Things’ Is Here to Stay – Intel

InteIntel expects 50 billion connected devices to be in use globally by 2020, that breaks down to roughly six internet connected devices for each person on the planet and that’s one reason why Intel’s Managing Director of the Internet of Things Group Bridget Karlin says, ‘IoT is not just a futuristic trend, it’s here to stay.’ For Intel, IoT is about connecting devices, sharing data and enabling analytics that can help users make decisions in real time. In healthcare, Karlin said medical professiona

Source: www.thestreet.com

Video interview with Intel Managing Director of IoT explains Intel’s pov about the IoT works.  “Our approach at Intel is to build security in at the silicon level and move that all the way up through the device to the software. Because, if you think about it, it’s a lot harder if you have a thermostat at home to put in a security patch as opposed to having it built in at the beginning.”

See on Scoop.it – Internet of Things – Company and Research Focus

Ex-Lucasfilm Veterans Join with Jaunt VR to Form ‘Jaunt Studios’ to Create Cinematic VR Content

Jaunt VR have today announced they’re launching ‘Jaunt Studios’, a venture dedicated to producing immersive cinematic experiences for virtual reality. The new

Source: www.roadtovr.com

Jaunt VR is a company formed on the belief that not only that virtual reality had finally arrived, but that it would fundamentally change the entertainment industry. Last year, the company received funding totaling over $35M to build an end-to-end pipeline for producing 360 degree, stereoscopic cinematic content designed to be viewed via a VR headset. Since then, Jaunt have been prodigious in their production of cinematic VR content, releasing numerous 360 3D experiences, each aimed at a particular form or genre of entertainment.   – However, the team of people Jaunt CEO Jens Christensen has brought together to run the new venture is undoubtedly impressive.  –  Heading up the new studio is Cliff Plumer, former CEO of effects house Digital Domain, CTO of Lucasfilm and the legendary Industrial Light & Magic. Joining Plumer as Chief Business Officer is former COO and General Counsel of Lucasfilm, David Anderman. Finally, Miles Perkins joins as VP of Marketing Communications – another Lucasfilm and ILM veteran with over 20 years service at the firm.

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Seeking answers to getting recalled cars fixed quickly

Robo calls, social media ads, personal letters from the CEO and even a smartphone app are among ways auto companies are trying to convince more customers to get repairs done on cars recalled for serious safety defects.

Source: www.washingtonpost.com

Robo calls, social media ads, personal letters from the CEO and even a smartphone app are among ways auto companies are trying to convince more customers to get repairs done on cars recalled for serious safety defects.  –  The unusual steps were discussed at a forum Tuesday held by government safety regulators who are frustrated over what they say is an unacceptably low rate of recall repairs

See on Scoop.it – Internet of Things – Technology focus

How Big Data Has Changed Finance

The vast proliferation of data and increasing technological complexities continues to transform the way industries operate and compete.

Source: www.investopedia.com

Within financial services specifically, the majority of criticism falls onto data analysis. The sheer volume of data requires greater sophistication of statistical techniques in order to obtain accurate results. In particular, critics overrate signal to noise as patterns of spurious correlations, representing statistically robust results purely by chance. Likewise, algorithms based off of economic theory typically point to long-term investments opportunities due to trends in historical data. Efficiently producing results supporting a short-term investment strategy are inherent challenges in predictive models.

The Bottom Line  –  Big data continues to transform the landscape of various industries, particularly financial services. Many financial institutions are adopting big data analytics in order to maintain a competitive edge. Through structure and unstructured data, complex algorithms can execute trades using a number of data sources. Human emotion and bias can be minimized through automation; however, trading with big data analysis has its own specific set of challenges The statistical results produced so far have not been fully embraced due to the field’s relative novelty. However, as financial services trend towards big data and automation, sophistication of statistical techniques will increase accuracy.

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How Big Data Has Changed Sports

Big data is transforming sports analytics by helping managers measure individual performance and the most effective game plans.

Source: www.investopedia.com

The NBA equivalent of Moneyball has been primarily associated with Houston Rockets General Manager Daryl Morey. As a staunch supporter of sports analytics, Morey has commercialized analytics in the NBA and founded the MIT Sloan Sports Analytics Conference. The goal of the annual MIT conferences is to provide a forum for the discussion and promotion of the increasing role of analytics in the sports industry. In the NBA, data analysis has provided teams with better ways to measure player efficiency and defensive effectiveness. A player’s value can be measured by a number of metrics, including player efficiency rating, win shares and wins above replacement player.  –  Morey’s findings have largely transformed the game of basketball by promoting an up-tempo system in favor of fast breaks and threes over midrange shots. As a result, Morey’s Rockets have attempted the fewest midrange shots over the past two seasons. Likewise, three-point field goal attempts have become a strong indicator of team success.

See on Scoop.it – Internet of Things – Technology focus

Tech Leaders See Wearables Working in the Workplace

Source: voiceoftoronto.com

Robert Half Technology offers three questions for IT leaders to consider when evaluating whether to support wearables for the business:

1. Will this implementation enhance our business and/or productivity? Consider whether or not a new technology benefits your company and how it will add value to the business. Beyond hopping on a new trend, it’s vital to measure the long-term benefits of additional devices and how they could positively impact the workplace. Effectively answering this question will help communicate the potential value to leaders in the organization.
2. Am I aware of security risks and is the company equipped to handle them? New technologies have the potential to introduce security vulnerabilities. Technology leaders must understand – and communicate to other business leaders – the difference in security risk levels with enterprise-provided wearables versus employees’ personal devices and develop plans and policies to match.
3. Have I prepared a sound policy, communications plan and training strategy around wearable technology at the office? It’s crucial to have a preemptive communications approach that will address any new

See on Scoop.it – Wearable Tech and the Internet of Things (Iot)

Sprint touts single-SIM strategy for global IoT service

Source: siliconangle.com

Sprint Corp. is expanding its Command Center device monitoring and control service to span more than 200 countries and supporting a wide variety of communications protocols using a single SIM card. –  Users get new flexibility in deployment and monitoring with features that, for example, can schedule when a device should incur network charges or that notify administrators when devices are out-of-policy. Users can define their own alerts based upon availability and network activity and can monitor traffic at levels ranging from a single device to a constellation of thousands of devices.  –  “It’s a single portal; customers won’t realize what carrier or partner they’re using,” said Mohamad Nasser, senior director for MtoM products and marketing. “Whether your devices are deployed in North America, South America, Europe or Asia you’ll have end-to-end connectivity and management.”

See on Scoop.it – Internet of Things – Company and Research Focus

Nest CEO Tony Fadell on the Future of the Internet

Tomorrow’s Internet will be everywhere and in everything, he says, and it will help us make better decisions.

Source: www.wsj.com

So what does this have to do with the future of the Internet?

Today, the Internet is like a library. It contains a vast amount of information accessible if we know where to look. In most cases, getting the right answer requires your asking the right questions.

Tomorrow’s Internet will be everywhere and in everything. It will draw on massive amounts of data to augment our own intelligence. And it will help us make better decisions—from avoiding dangerous drug interactions to diagnosing illnesses to deciding when water skiing might not be the best idea.

See on Scoop.it – Internet of Things – Technology focus