Internet of Things Creates Excitement and Possibilities

Internet of Things Creates Excitement and Possibilities

John Papageorge 04/12/2017 7

The International Consumer Electronics Show is the King Kong of trade shows. Held in Las Vegas, this consumer electronics gathering attracts more than 150,000 visitors. It occupies 35 football fields of exhibition space where more than 3,500 companies come to proudly showcase their goods.






Despite the event’s high profile status, for the last few years, the trendy show has lacked some pizzazz. What’s even worse — it’s lacked substance. But this year, CES was buzzing with possibilities of the “Internet of Things” (IoT).


If you’ve been confused what exactly the term “Internet of Things” means and why you should care, you’re hardly alone. Nearly half (43%) of the manufacturing executives polled recently by LNS Research said they don’t know anything about the IoT. What’s more, only 10% say they’ve started to invest in IoT technologies.


Basically, IoT refers to the concept of a world full of connected devices controlled through a consumer-friendly hub, like a smartphone app.


“Things”, in the IoT, can also refer to a wide variety of electronic devices, such as heart monitoring implants, biochip transponders on farm animals, automobiles with built-in sensors or field operation devices that assist fire-fighters in search and rescue. Current market examples include smart thermostat systems and washer/dryers that utilize Wifi for remote monitoring. (Click here to read more about what IT users should be aware of with regards to IoT.)


According to a forecast by Gartner, the “Internet of Things” is expected to swell to as many as 26 billion devices by 2020. Security experts agree that the IoT could become the year’s biggest security concern: All the new connected devices give hackers potential entry points to break into home products such as security systems, monitoring cameras, smart TVs and even connected baby monitors.


Perhaps the spookiest example of a security breach of a personal nature was last year when a Russian website posted live streams of unsecured web cams in more than 100 countries online for anyone to watch. The site showed everything from babies sleeping and people relaxing in their living rooms to closed circuit cameras of the houses.


Read more about this in my new horror book titled, “When Strangers Skype.”


Manufacturers roaming the floor of CES may feel overwhelmed by the fascinating disruptive change happening in the consumer technology space — certainly more so this year than in the past decade. Many innovative product companies may question how they will be able to speed their “next big thing” fast enough to market.



The secret?



Innovative product companies need smart manufacturing and supply chain tools to corral change and shift directions quickly. It’s an open secret that many of the top companies at CES, ranging from Fitbit to GoPro to Jawbone, rely on Arena to respond to disruptive technology changes, reduce ECO cycles and accelerate time to market.


Arena’s family of PLM solutions includes Arena BOMControl — a way to manage your bill of materials and change management processes. With BOMControl, you can dramatically reduce engineering change order cycle time with a multi-stage voting scheme that shows changes to approved supply chain team members.


Arena Change Management
allows suppliers anywhere in the world to approve engineering change requests (ECR) and engineering change orders (ECO). Revisions that include swapping in new parts and components are quick and easy when everyone is on the same page.


To deliver new disruptive products and ensure first mover advantage in the highly competitive industry, more and more consumer electronics companies depend on Arena’s cloud-based product lifecycle management (PLM) solution to innovate. Request a demo today and see how Arena PLM can help you reach your 2017 NPI goals.


I am looking for new opportunities and offer a full complement of strategic, creative and interactive marketing content creation services designed to help your business grow. I'm available for consulting gigs and look forward to helping your company maximize marketing results. Contact me at ukulelekid@aol.com or call 415-699-6910.

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  • Johny Bänger

    Hackers dreamland

  • Alex S

    This is creepy……

  • Pavel Lesovski

    When your fridge tells you what to eat, maybe even what you subconsciously want to eat, you lose your freedom. You loose creativity.

  • Christian

    Pretty soon we won't have to bother being born, the "internet of things" will be doing all our thinking and living for us.

  • John Smith

    In the future, a hacker can order your car to kill you.

  • Shishir Mishra

    My concern with the Internet of Things, along the obvious related to network security is: will people like myself have the option to opt out?

  • Alisa

    The big problem, I think, with the internet of things is that companies want to use their skills in technology to draw people towards more of their technology, which makes it unlikely for companies to want to cooperate with other companies to create compatible protocols.

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John Papageorge

Tech Expert

John is a Senior Content Marketing Manager at Omnicell. He is a results-driven consultant who has worked with some of the biggest names in technology, including Oracle, Cisco, Hewlett Packard, and IBM, to improve their marketing and lead generation strategies. John holds a Bachelor of Science in Engineering and Journalism from the University of Wisconsin-Madison. 

   

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