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Round the world of an Internet of Things world. #IOT

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The current report does not include Big Data as a separate technology. Mr. Chui explained that the Big Data tools are coming to be a foundation technology for several of the 12 categories, including automation of knowledge work, advanced robotics, next-generation genomics, and Internet of Things, which involves embedding sensors, smart software and communications capability into machines and other physical objects. (via McKinsey: The $33 Trillion Technology Payoff - NYTimes.com)

The current report does not include Big Data as a separate technology. Mr. Chui explained that the Big Data tools are coming to be a foundation technology for several of the 12 categories, including automation of knowledge work, advanced robotics, next-generation genomics, and Internet of Things, which involves embedding sensors, smart software and communications capability into machines and other physical objects. (via McKinsey: The $33 Trillion Technology Payoff - NYTimes.com)

Posted on Thursday, May 23rd 2013

 Source The New York Times

Advertising and the Internet of Things

“What’s new is how this example reframes the definition of advertising. It does this in at least five ways: First, it places advertising messaging — where the product is the media platform — into the social flow of everyday life. Second, it calls upon the giver to create what is, in effect, the advertising message to augment the product, making this an example of participative (and, at scale, crowdsourced) creative (to which Diageo has unlimited access). Third, it enables users to personalize products, by definition, in unique ways. Fourth, it converts existing, even generic, products into functionally intelligent ones, which (with the addition of smart phones) can deliver dynamic ad messaging linked to specific physical objects. Fifth, it creates a rationale for the consumer to have an on-going relationship with the brand — by linking continuing online interactions to real world product-based experiences.”

Full Article can be found here.

Posted on Wednesday, May 1st 2013

 Source blogs.hbr.org