GE CEO Jeff Immelt’s Big Data Bet: “We’re betting on the industrial Internet”

“Take the jet engine. It has about 20 sensors that capture real-time continuous data — temperature, engine performance, etc. If I can take that data and use it to model a consumer outcome — say, more time on the wing or less fuel burn — that’s worth an awful lot of money to my customers. A 1 percent change in fuel burn for an airline is worth hundreds of millions of dollars.”

Immelt. All Things Digital

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These 12 technologies will drive our economic future

“Most of the writing you see about the economy speaks to narrow questions: What will growth be this year? When will the unemployment rate get back to normal? And so on. But the things that will determine standards of living a generation from now have almost nothing to do with this month’s jobs report or the Federal Reserve’s latest policy meeting. Those determinants, instead, depend on companies’ innovations — in particular, whether those innovations turn out to have major economic consequences.”

-Neil Irwin

Source: McKinsey Global Institute
Source: McKinsey Global Institute

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Infographic – How the Internet of Things is Raising Your IQ

These days, it’s hard to escape the Internet. It seems like everything from your espresso maker to your eyeglasses are connected to the Web. While there’s been a lot of discussion about the Internet’s impact on our IQ, a new infographic explores how companies and municipalities deploying smart technologies can improve our lives.

Infographic - PCMag.com
Infographic – PCMag.com

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This week in the Internet of Things

The Internet of Things is developing and buzzing all around us. Throughout the week we come across some cool technologies and posts. Here’s our list of favorites from our journey through the Web.

NYT: Find my Car
NYT: Find my Car

nytimes.com/2013/03/14/garden/in-your-pocket-a-lost-and-found.html

http://gigaom.com/2013/03/23/the-real-breakthrough-of-google-glass-controlling-the-internet-of-things/

http://gcn.com/Articles/2013/03/22/M2M-future-of-code.aspx?Page=1

http://arstechnica.com/information-technology/2013/03/your-robot-army-controlled-by-arduino-and-bluetooth/

This Week in the Internet of Things

The Internet of Things is developing and buzzing all around us. Throughout the week we come across some cool technologies and posts. Here’s our list of favorites from our journey through the Web.

http://gigaom.com/2013/02/28/using-arduinos-to-make-conferences-better/

p.txt

http://techcrunch.com/2013/02/27/be-the-life-of-the-cubicle-farm-with-a-diy-sound-sensing-tie/

http://www.nbcnews.com/business/are-connected-cars-dangerous-or-safety-feature-1C8639940

http://gigaom.com/2013/02/27/how-to-stop-adding-to-the-hype-and-make-the-internet-of-things-a-reality/

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