Digital disruption, adopted by several agile institutions has serious impacts on their customers. They have been successful in creating winners and losers.

According to the author, six things to be kept in mind for disruption are:

1. Thing 1 and Thing 2 - The Internet of Things will get modified in the upcoming years thereby benefiting the customers.
2. You are what you wear - Nowadays, humans are becoming technological. Wearables benefit customers and brands with better products. 
3. Don't show me the money - Apple Pay helps the customers, banks and brands with better security and convenience.
4. Growing importance of phone - With the rising importance of mobile phones, brands are required to embrace a real-time mindset.
5. We're all publishers now - Social media directs the market forces.
6. Self -driving cars- Self-driving cars would reorganize roadway security.

Read more at: https://channels.theinnovationenterprise.com/articles/7830-let-s-get-disruptive-a-cmo-s-view-of-the-future

Data is the most crucial component of every organization but lately some businesses have started to deal in data. Therefore we need to focus on some basic steps before we begin to trade data and they are as follows:

1. Selling and Accumulating data - Companies that are engaged in selling data have suffered from serious adverse criticisms. If an organization has more data, then it has to bear higher risks and management costs.

2. Making Sense - Big data improves business efficiency and has assisted in the Internet of Things but management costs have to compensate against the money made.

3. Making Money - Organizations search for suitable techniques to create money from data.

4. Risks and Returns - Data helps to improve the quality despite of the risk aspects associated with it.

Read more at: http://www.business2community.com/big-data/can-businesses-profit-data-quality-01275752

Delivering added business value to existing product and services can be done through the Internet of Things (IoT). IoT can help organizations improve relation with customers without much physical interaction. Using IoT, personalized services can be delivered in a less personal way. The key to launching IoT is to think big. Organizations should be able to identify the limitations yet be able to offer integrated services including IoT and other services and applications. After creating an understanding of IoT, companies should communicate its values, potential, risks and ecosystem roadmap implications. An example of how IoT can be used to deliver personalized services can of the car insurer who, in the event of an accident of his customer, is informed immediately through the car's on-board systems. Read more at:https://channels.theinnovationenterprise.com/articles/7726-why-a-customer-is-never-a-thing

Uncontrolled urbanization is posing as a great threat as it puts immense pressure on the resources available. Some of the issues that will be faced in this scenario are clean water, clean air, power, waste management and living space.
Big Data and Internet of Things (IoT) are some of the technological forces which are pushing towards smart cities. With the help of Big Data a range of applications are being made available with the help of which smart cities can be made more livable. Applications like smart street lights are already being used in smart cities like Birmingham. Street lights are attached with sensors which monitor footfall and noise levels and based on this data, the light turns on or off. Cities like Bristol, England are installing an infrastructural network that will support the data generated through Big Data and IoT.
These examples are minor steps in building of Smart cities which can sustain growing population without hampering the quality of life. Read more at: https://icrunchdatanews.com/big-data-building-smart-cities/

Make way, its drone landing on your terrace with your favorite pizza. That’s how your favorite pizza outlet might advertise in a few years down the line. IoT based drones for pizza delivery is going to be the buzz for both pizza vendors and consumers. You get your pizza faster, it’s not soggy and sizzling hot direct from oven to your home. Scott Andreson, Director of consulting Services at CGI, in a post on Cloud Tweaks give us fascinating insights about this new possibility, the challenges which are likely to occur and of course there will be a few solutions too.  All you pizza lovers and technology aficionados hit the link to know more http://cloudtweaks.com/2015/06/hot-emerging-trends-the-pizza-delivery-drone/

Organizations along with their partners needs to participate in the supply chain - from suppliers to customers in order to fully exploit their business relationships. The route for management of supply chains is high speed communication and cooperation. The digital supply chain helps to build trust and improves transparency and efficiency. The Internet of Things (IOT) is crucial for facilitating supply chains in future. It uses sensor-embedded equipment in order to convey data about the parameters and this boosts performance and safety. Predictive analytics is also a blessing for the supply chains. However the most significant aspect of a digital supply chain is social media. Some businesses integrate social technology with business transactions thereby leading to an increase in transparency.

For further details on this study, please follow the link: https://channels.theinnovationenterprise.com/articles/the-development-of-the-digital-supply-chain

The Internet Of Things (IOT) ) affects the way in which the enterprises interact with their customers. With the sole motive of customer satisfaction, it is crucial to note how the future would appear for the customers and the best ways of satisfying them and they are as follows:

• It is recommended to go for smooth transformation of customer experience and provide the customer with maximum profit. Focus groups and customer feedback helps to maintain it.
• Usually customers take time to embrace new technology and hence provision of information would facilitate easy usage.
• The platform is also important because a big platform can destroy a customer experience and relationship.
• It is necessary to get initials and continuous stakeholders as they will generate speed into the project.                                                                   

Read more at: https://channels.theinnovationenterprise.com/articles/7667-planning-for-a-future-state

It's technology on the rocks for whisky lovers. Diageo using new technology to improve its customer experience. They have created a label (read sensor) that will create smart bottles for their whisky. Laura Denham, International Events Director at Innovation enterprise, enlightens us with the smartness of smart bottles. 

• Well, it gives specific information about the whisky helping the customer to select their best fit.

• It helps detect any kind of tampering with the bottle. Fake products will be a history.

• These sensors can’t be cloned. 

• Help track the journey of the bottles and reduce supply chain wastage. 

For more, follow the link http://channels.theinnovationenterprise.com/articles/whiskey-the-internet-of-things

The dynamic interaction between human and artificial intelligence, is going to revolutionize the way, people perceive their IOT (Internet of Things) environment. IoT has numerous applications in businesses, from products like intelligent refrigerator and self-driven cars, to impacting a company’s costs and earnings. Artificial intelligence can help in understanding, say the time required to service a product, the cost incurred in the process and also the substitutes of the product. This knowledge helps in reducing production cost, generates new revenue opportunities, and also aids in diversification of the company in terms of new products. Read more at: 

http://venturebeat.com/2015/06/24/the-internet-of-everything-how-iot-and-machine-learning-will-revolutionize-your-business-webinar/

With the advent of Internet of Things (IoT), businesses can now avail additional ways of communicating with their customers. Sensors can be embedded in household appliances allowing consumers to control those which simplify household chores. Doctors nowadays can use apps to link patient statistics and provide personalized advice. Thus healthcare market makes ample use of IoT to provide better services. Security concern should be kept in mind as organizations are now deploying IoT in their enterprise. Organizations should also encourage application developers to maintain a certain standard to prevent poor codes from being deployed. Cloud technology, big data and analytics, mobile computing and social networking along with IoT makes a complete package. Read more at: https://channels.theinnovationenterprise.com/articles/deploying-iot-in-the-enterprise

The future of analytics seems to be brighter with IoT data, it's near real speed analysis and complex event processing systems. But, where exactly is IoT analytics going. Michael Hummel, co-founder and CTO of ParStream, talks future of IoT analytics. Daniel Gutierrez has summarized his talks in an article on Inside BigData highlighting the 4 predictions Michael made:

• Big data, fast data and more analytics

• Horizontal integration and vertical application 

• Decentralization

• Integration of advanced analytics and Machine learning

For more on this piece, follow the link http://insidebigdata.com/2015/05/28/and-this-is-the-future-of-iot-analytics/

At Paris Air Show 2015, Bombardier plans to bring its CSeries jetliner that carries Pratt & Whitney’s Geared Turbo Fan (GTF) engine which uses great swathes of data. But data created by industrial equipment such as jet engines, gas turbines and MRI machines has more potential business value on a size-adjusted basis which makes it valuable than other types of big data being generated from the social web, consumer Internet and other sources. Finally, the Internet of Things is helping manufacturers manage their Pay by Hour engagement models and long term maintenance contracts at lower costs. With rapid advancements in the Internet of Things in aircrafts combined with data analytics, it’s truly exciting to work in the aerospace industry. Read more about this interesting article at:  http://channels.theinnovationenterprise.com/articles/7319-analytics-and-the-internet-of-things-in-aerospace

According to Bart Schouw, Director of IBO Solutions for Germany-based Software AG:

“The Internet of Things is a revolution. There will be serious threats to those who are not prepared and profitable opportunities for those who are issues such as security and governance will need to be addressed as IoT begins to impact more and more of our daily lives.”

In his report, eight insights on IoT are listed, that must be taken into consideration. Some of them are:

• Don’t Gamble
• Tap Analytics
• Pay-As-You-Go
• Expect More Regulation

To know more, please read this interesting article by David Roe, at cmswire.com:

http://www.cmswire.com/internet-of-things/the-iot-challenge-make-use-of-the-data/

Internet of Things has taken the world with a storm. It has delivered opportunities to almost every industry and function. Supply chain is not an exception to this. With the increasing number of online businesses, the importance of this function of management has increased multifold. Combining internet of things with this has introduced us to a vast expanse of opportunities and made the supply chain smarter.

Maha Muzumdar, in his article at Industry Week has shared a list of supply chain opportunities that companies can exploit by leveraging IoT technology. They are:

• Better Predictability of Demand & Inventory Visibility
• Better Tracking & Efficiency
• Accelerated Innovation & Product Support
• Improved Alignment & Collaboration
• Sustainability & Quality

He has also stressed upon the fact that supply chain executives must adapt IoT in their processes as soon as possible to gain its maximum benefits.

To know more, please visit the following link:

http://www.industryweek.com/supply-chain/internet-things-iot-opportunities-smarter-supply-chains?page=1

In coming years, Data generated by IOT devices are predicted to increase more than the available capacity to store, and all data that's generated is not useful for analysis. Only limited part of it is useful. 

According to Computer Business Review(CBR) magazine, there are some data generating areas. It is important to know what data from which area is precious and what is not. Following are the ten of the biggest data generating areas. To know more about these areas, read: 

http://www.cbronline.com/news/internet-of-things/10-of-the-biggest-iot-data-generators-4586937

In the present scenario, the retailers who are combining customer analytics, internet of things (IOT) and data innovation to retrieve and analyze data of consumer preferences, are generating the maximum sales. Others are losing out. Customers now-a-days are well aware of their personal data being collected online by firms and hence expect better retail experience in return. That will only be possible when customers are segmented and served, which is done by analyzing their personal data, using data analytics. Big data can also be used in framing a product's optimal price system and inventory management, according to the prevailing or to be prevailed customer preference trends. Read more at:

http://channels.theinnovationenterprise.com/articles/grasping-the-value-of-data-analytics-in-retail

Web-Connected devices that can talk to each other, transfer data, and carry out tasks without human interaction, are what make up the Internet of Things (IoT). These devices/ things are becoming popular among any firm looking for an edge. Generally IoT refers to devices in Consumer products such as Smart Phones, Smart cars etc. In Industrial sector these devices are used to build smart factories by integrating sensors and software to complex machinery. Growth of these devices will be very high as suggested by a report from Deloitte and there are only few firms working in IoT/Industrial Internet implying that there will be enormous opportunities for entrepreneurs in this sector.

As is the case with any budding technology, this area also faces challenges. Some of which are data security, addressing potential customers’ concerns about privacy, the lack of common standards between companies developing software for these devices; and the need to build physical infrastructure to support the collection and analysis of the data.Read more at: 

http://www.wamda.com/memakersge/2015/05/5-minute-guide-internet-of-things

According to Mary Shacklett (president of Transworld Data), organizations need big data and analytics capabilities for immediately transferring big data into actionable decisions. According to a Gartner September 2014 report, there is an increase in investment in big data by 64% from 2013. Jeff Kelley (Big data analytics analyst from Wikibon), says that “customers expect personalization when they visit websites, so companies need to develop analytical capabilities and in the long term apply real-time will grow as Internet of Things.” Preventive maintenance analytics can be developed, if data on the Internet to thing can be analyzed. To know more about real time analytics and Internet of Things read on:  http://www.techrepublic.com/article/surge-in-real-time-big-data-and-iot-analytics-is-changing-corporate-thinking/

The Internet of Things is a new way of collecting data which are then stored in the cloud, interpreted that users will interact with through their phones, and then shared socially. It will allow businesses to know more about their customers that will help them to market products in new ways through completely new channels. The Internet of Things is changing the internet from a thing that people use sometimes into a thing that exists. Read more at: http://digitalmarketingmagazine.co.uk/articles/internet-of-things-101-2/1597

Smart technology is part of the Internet of Things (IoT), and it is referred as the high-tech products equipped with an Internet connection which enables to communicate data to the owner. Now kitchen appliances, thermostats etc. are being created with sensors that can communicate information via an app or through email. These are meant to improve the quality of life for consumers, but it also opens up new marketing opportunities. These technologies are giving marketers an opportunity to know what people are buying, how satisfied they are with their purchases, and what they may be interested in buying in the future. Read more at: http://www.socialmediatoday.com/content/understanding-internet-things-and-mobile-marketing