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Are Wearable Payments the Next Disruption for Banks?

Are Wearable Payments the Next Disruption for Banks? | Internet of Things - Technology focus | Scoop.it
Wearable payments will be one of the ways bank customers do transactions in the future.
Richard Platt's insight:

Payments are an ecosystem with three major components: the merchant, the buyer and a method of payment.  The ecosystem that brings these three components together varies in different parts of the world which will result in different solutions to wearable payments.

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How Smart, Connected Products Are Transforming Competition

How Smart, Connected Products Are Transforming Competition | Internet of Things - Technology focus | Scoop.it
Information technology is revolutionizing products. Once composed solely of mechanical and electrical parts, products have become complex systems that combine hardware, sensors, data storage, microprocessors, software, and connectivity in myriad ways. These “smart, connected products”—made possible by vast improvements in processing power and device miniaturization and by the network benefits of ubiquitous wireless connectivity—have unleashed […]
Richard Platt's insight:

Another leap in productivity in the economy will be unleashed by these new and better products. In addition, producing them will reshape the value chain yet again, by changing product design, marketing, manufacturing, and after-sale service and by creating the need for new activities such as product data analytics and security. This will drive yet another wave of value-chain-based productivity improvement. The third wave of IT-driven transformation thus has the potential to be the biggest yet, triggering even more innovation, productivity gains, and economic growth than the previous two.  -  Some have suggested that the internet of things “changes everything,” but that is a dangerous oversimplification. As with the internet itself, smart, connected products reflect a whole new set of technological possibilities that have emerged. But the rules of competition and competitive advantage remain the same. Navigating the world of smart, connected products requires that companies understand these rules better than ever.

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4 Factors to Consider when Designing UX for a beacon-enabled app

4 Factors to Consider when Designing UX for a beacon-enabled app | Internet of Things - Technology focus | Scoop.it
Tips on designing UX for a beacon app that will help make the user experience smooth, frictionless and engaging. Also contains examples of apps with great UX.
Richard Platt's insight:

Good suggestions

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Google and Johnson & Johnson to make surgical robots, challenging Intuitive Surgical

Google and Johnson & Johnson to make surgical robots, challenging Intuitive Surgical | Internet of Things - Technology focus | Scoop.it
Today: Google strikes deal with Johnson & Johnson to make robots that can assist surgeons, launching a new challenge to Sunnyvale's Intuitive Surgical. Also: Intel, Altera soar after reports of merger.
Richard Platt's insight:

Google and a Johnson & Johnson unit announced Friday that they will be working together to make robots that can assist in surgeries, a strategic collaboration with no price tag announced. The aim of the project appears to be similar to the da Vinci robots manufactured and sold by Sunnyvale's Intuitive Surgical, the third largest public Silicon Valley company in the biotech/health care sector.   -  Google stressed that the life sciences team at Google X will only be providing software and sensors for the proposed systems, with J&J's Ethicon unit handling the rest of work. 


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Securing the Identity of Things (IDoT) for the Internet of Things

Securing the Identity of Things (IDoT) for the Internet of Things | Internet of Things - Technology focus | Scoop.it
In its recent report, The Identity of Things (IDoT) for the Internet of Things, Gartner lays out how it believes the Internet of Things (IoT), or what is o
Richard Platt's insight:

"A strikingly common misconception I come across in the industry, says Neil Chapman of ForgeRock, is that IoT is just about introducing different types of devices into business scenarios. It’s not.  -  Businesses looking to harness IoT in fact require a completely different approach to viewing and implementing processing, analytics, storage, and communications. Certainly, identifying ‘who’s who, what’s what, and who gets access to what’ is one aspect. But how this is processed, managed, protected, stored, and communicated is a whole new kettle of fish for businesses.

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12 Things We Can 3D Print in Medicine - 3D Printing Industry

12 Things We Can 3D Print in Medicine - 3D Printing Industry | Internet of Things - Technology focus | Scoop.it
Dr. Bertalan Meskó gives a list of twelve phenomenal things that can already be 3D printed in medicine, with exciting implications for the future of medicine

Via amleto picerno
Richard Platt's insight:

Very cool

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Facebook’s Aquila Drone Will Beam Down Internet Access With Lasers

Facebook’s Aquila Drone Will Beam Down Internet Access With Lasers | Internet of Things - Technology focus | Scoop.it
As the second day of its F8 conference began here at Fort Mason in San Francisco, Facebook announced the first hardware it plans to use to beam the Internet..
Richard Platt's insight:

Codenamed Aquila, the drone has a wingspan comparable to a Boeing 767 yet uses lightweight materials that allow it to weigh less than a car.  - Aquila has to be incredibly light, because it’s going to be kept aloft for as long as three months at a time using solar power. Just staying in the air for that long is a challenge, but Facebook’s also going to be pushing Internet access down to people 60,000-90,000 feet below using lasers, as well as maintaining communications between drones to maintain coverage across wider regions.

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The $69 fridge for rural India

The $69 fridge for rural India | Internet of Things - Technology focus | Scoop.it
Is this the world’s cheapest refrigerator? Launched by Indian conglomerate Godrej and Boyce, ChotuKool's $69 price tag is not the only reason it can be called super economical.
Richard Platt's insight:

Is this the world’s cheapest refrigerator? Launched by Indian conglomerate Godrej and Boyce, ChotuKool's $69 price tag is not the only reason it can be called super economical. The portable, top-opening unit weighs only 7.8kg, uses high-end insulation to stay cool for hours without power and consumes 1/2  the energy used by regular refrigerators. - To achieve its efficiency the ChotuKool doesn't use a compressor, instead running on a cooling chip and a fan similar to those used in computers, so like computers it can run on batteries. It's engineering credentials are further boosted by the fact that it has only 20 parts, as opposed to more than 200 parts in a normal refrigerator.  -  The ChotuKool was co-designed with village women to assure its acceptability, and is distributed by members of a micro-finance group.  - "It’s a reverse engineering of sorts,” says G. Sunderraman, Vice President of Corporate Development at Godrej & Boyce. 

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Industry Sells Congress on Internet of Things

Industry Sells Congress on Internet of Things | Internet of Things - Technology focus | Scoop.it
During a House Subcommittee on Energy and Commerce meeting, lawmakers considered how the Internet of Things could move beyond consumer products.
Richard Platt's insight:

As part of a question-and-answer session, Rep. Tony Cardenas, D-Calif., asked what the United States could learn from other nations’ approach to the Internet of Things -- especially against the backdrop of public crises like California's ongoing drought.


Rose Schooler, vice president of Intel Corp.’s Internet of Things business group, noted that the U.S. is behind other nations, including Germany, Brazil and China, which already have national plans on the topic. India has used smarter technology to rebuild its decaying water-pipe infrastructure, reducing waste, said Daniel Castro, director of the Center for Data Innovation, a Washington think tank.


“In the U.S., there’s still some hesitancy because that’s not how we are used to doing it," Schooler said. "We have to start embracing technology in a much more aggressive fashion than we have in the past."

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A Cautionary Open Source Tale, Apple Buys And Shutters FoundationDB

A Cautionary Open Source Tale, Apple Buys And Shutters FoundationDB | Internet of Things - Technology focus | Scoop.it
On Tuesday, it was announced that Apple has snapped up FoundationDB, maker of the eponymously named database technology. Apple acquired the company and technology in order to help it crunch the ever-increasing quantities of data that it holds. Apple, in its own inimitable way, confirmed the deal but refused to discuss [...]
Richard Platt's insight:

Apple is essentially saying that everything that FoudnationDB, and its community, created during the lifetime of the project is now wrapped up and for the sole benefit of Cupertino. Ouch.  Developer community is not happy, guess they won't be buying any of those new Apple Watches as a result.

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Wearable Technology: A Quick Guide

Wearable Technology: A Quick Guide | Internet of Things - Technology focus | Scoop.it
Love them or loathe them, everyone's talking about wearables. But where's the money for the channel?
Richard Platt's insight:

Information for Channel Resellers and what they need to start understanding re; wearables

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Tom Bryon's curator insight, March 25, 6:28 PM

This new area of technology may see the smartwatch replace what is now viewed as an essential. But are people actually willing to give up their phone and talk into their wrist like a scene out of a sci-fi film?  "35 percent of respondents said they would feel “embarrassed” if they wore it". There is undoubtedly money to be made as this technology can enhance people's lives, but how practical is it right now?

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Britons still not convinced by wearable tech

Britons still not convinced by wearable tech | Internet of Things - Technology focus | Scoop.it
Britons are yet to be convinced that wearable tech will change their lives for the better, with one-in-10 people thinking that it will make their day-to-day existence more difficult
Richard Platt's insight:

Survey of 2000 UK adults by Hive for British Gas  "Just 25% people believe that wearable technology will improve their day-to-day life, a new survey shows, while 10% of Britons thinks that wearable technology will actually make their lives harder. - By contrast, 56% of respondents are looking forward to the benefits of connected home devices, 43% expect artificial intelligence to make life easier, and 33% people think driverless cars and 3D printers will improve their everyday experiences. - I wonder how the US population and the ROW (Rest Of the World) see these technologies, may illustrate a path forward for firms.

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Modern life's devices under China's grip?

Modern life's devices under China's grip? | Internet of Things - Technology focus | Scoop.it
From smartphones to cars and defense missiles, modern U.S. life depends on rare earth elements but China dominates the industry
Richard Platt's insight:

Most modern devices, laptops, cell phones, touch rely upon Rare Earth Minerals, (REM) China overtook the US around 2008 as the major producer, refiner and manufacturer of REM.  Here is 60 Minutes investigation into what happened and how it impacts now and in the future.

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Looks Promising! New Alzheimer’s treatment fully restores memory function

Looks Promising! New Alzheimer’s treatment fully restores memory function | Internet of Things - Technology focus | Scoop.it

Australian researchers have come up with a non-invasive ultrasound technology that clears the brain of neurotoxic amyloid plaques responsible for memory loss in Alzheimer’s patients.

    

The research team reports fully restoring the memories of 75 percent of the mice they tested it on, with zero damage to the surrounding brain tissue. They found that the treated mice displayed improved performance in three memory tasks - a maze, a test to get them to recognize new objects, and one to get them to remember the places they should avoid.
     

Alzheimer’s affects 50 million worldwide. A team from the Queensland Brain Institute (QBI) have come up with a promising solution for removing the defective brain beta-amyloid and tau proteins.
     

Publishing in Science Translational Medicine, the team describes the technique as using a particular type of ultrasound called a focused therapeutic ultrasound, which non-invasively beams sound waves into the brain tissue. By oscillating super-fast, these sound waves are able to gently open up the blood-brain barrier, which is a layer that protects the brain against bacteria, and stimulate the brain’s microglial cells to move in. Microglila cells are basically waste-removal cells, so once they get past the blood-brain barrier, they’re able to clear out the toxic beta-amyloid clumps before the blood-brain barrier is restored within a few hours.


Via Deb Nystrom, REVELN
Richard Platt's insight:

Very promising trials, now it will need to pass FDA testing, given that ultrasound has typically been shown to be non-invasive and generally harmless this does seem like something that is worth investigating.

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Deb Nystrom, REVELN's curator insight, March 23, 9:59 AM

I and the friends and families of those who know someone with Alzheimer's, estimated 50 million, hope this is true.  It could be the breakthrough we need with implications for huge change in the world.  ~  Deb

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New flash storage tech promises tenfold capacity increase

New flash storage tech promises tenfold capacity increase | Internet of Things - Technology focus | Scoop.it

A new breakthrough promises much better solid state disk (SSD) storage capacity. Could future a MacBook sport multiple terabytes of storage?


Via Waseem Jabasini
Richard Platt's insight:

The big problem with SSDs is that the $ / GB is still dramatically higher than a conventional hard disk, but consumers really love the better performance, durability and size of flash storage.  - 3D NAND doesn't promise to make SSD storage cheaper, but having more capacity is certainly welcome news to anyone who has hit the limit of the storage on their current SSD equipped Mac, or high end PC or laptop.  - It'll be a while before 3D NAND drives hit the market: Wired says that you won't see 3D NAND in the wild until late this year or perhaps early 2016.

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The hyper-collapsed data centre: Vapor IO's all-in-one info chamber

The hyper-collapsed data centre: Vapor IO's all-in-one info chamber | Internet of Things - Technology focus | Scoop.it
Contain your data in a micro-embedded tube of smartness
Richard Platt's insight:

What is a hyper-collapsed data center?  

First, there’s Vapor IO CORE (Core Operating Runtime Environment). This is designed to provide an open interface that applications and operating systems can query to make decisions about scale, efficiency and power consumption. Vapor IO has also announced the Open Data Center Runtime Environment (Open DCRE) as an open-source infrastructure management and analytics platform that it’s contributed to the Open Compute Project (OCP). Open DCRE includes sensors and firmware to track metrics like power usage effectiveness (PUE) and environmental data such as humidity and airflow. You can help use this to allocate workloads.


The second part of Vapor's vision is the Vapor Chamber. Instead of using a traditional server rack line with a hot side and a cold side, the Vapor Chamber assembles server blades in a 9-foot diameter cylinder, so that a single fan system can rationalise airflow to control temperature as required.


Claiming to be able to lower both data centre capex and opex, the suggestion is the hardware could be tied more closely to increasingly complex workloads.

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How The Sydney Harbour Bridge Benefits From The Internet Of Things

How The Sydney Harbour Bridge Benefits From The Internet Of Things | Internet of Things - Technology focus | Scoop.it
Looking for a practical example of the internet of things actually being useful? The Sydney Harbour Bridge is here to answer your call.
Picture: Hai L...
Richard Platt's insight:

Those joints are designed to move, allowing the bridge to cope with both winds and the pressures of traffic. It can rise and fall 18cm, and expand and contract by 42cm. To make that process work, however, the joints have to be monitored and maintained. “If the two joints move in harmony and unison, that’s OK,” Gambrill said. “If they move in a different order, it’s a problem.”


The previous approach has been maintenance when a problem is identified, but being able to fix and replace joints that are about to break would be far more efficient and less costly. Gambrill said the current reactive system was 10 times more expensive.


To achieve that, NICTA plans to deploy 2400 sensors across the bridge — 1500 are already in place. These are designed purely to monitor the condition of the bridge. “Instead of the asset manager having to deploy his maintenance staff, he gets a dashboard for all monitored joints showing their status as green, amber or red.”

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Apple just invented an incredible technology that would help the iPhone further distance itself from every other smartphone

Apple just invented an incredible technology that would help the iPhone further distance itself from every other smartphone | Internet of Things - Technology focus | Scoop.it
This is a major engineering feat.
Richard Platt's insight:

In the iPhone's current camera system, individual pixels can capture red, green and blue lights, which are scattered all over a single image sensor. But that means each color only gets one-third of the space on the sensor. By splitting the light with this proposed cube, each color can have an entire sensor to itself, which would allow for more accurate colors, and much better images in low-light scenarios.  Yep this would very likely be disruptive and it would meet our definition of what innovation is, an incremental improvement in value (that someone is willing to pay for)

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Amazon holds contest to build humanity’s robot replacements

Amazon holds contest to build humanity’s robot replacements | Internet of Things - Technology focus | Scoop.it
The Amazon orders of the future won’t be fulfilled by humans in warehouses, they’ll be carried out by fleets of robots. And our duty is clear: to build and maintain those robots. Fortunately, [...]
Richard Platt's insight:

The Amazon orders of the future won’t be fulfilled by humans in warehouses, they’ll be carried out by fleets of robots. And our duty is clear: to build and maintain those robots. Fortunately, if workers must be tasked with manufacturing the very machines putting them all out of work, at least it’ll be entertaining to watch.  The online retail giant is holding a contest to find the next-generation of robots capable of doing the company’s bidding faster than you ever could.

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Innovating at the Bottom of the Pyramid

Innovating at the Bottom of the Pyramid | Internet of Things - Technology focus | Scoop.it
Richard Platt's insight:

More on the Chotukull story - very detailed

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Senate Passes Resolution for National Strategy on Internet of Things

Senate Passes Resolution for National Strategy on Internet of Things | Internet of Things - Technology focus | Scoop.it
The resolution commits the nation to incentivizing the development of the Internet of Things.
Richard Platt's insight:

The resolution is an “important first step in ushering new ideas and innovations for years to come,” Sen. Deb Fischer, R-Neb.,said in a statement after the measure was passed.  - Still, lawmakers are searching for a balance between developing adequate policy safeguards and stifling technological advances.  “Innovation and free-market principles must drive our hands-off regulatory approach, not overregulation,” Kelly Ayotte, R-N.H., said in a statement.

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Internet of Everything: A quick guide

Internet of Everything: A quick guide | Internet of Things - Technology focus | Scoop.it
How much of the Internet of Everything is a reality in 2015?
Richard Platt's insight:

While the Internet of Everything has huge a potential to transform our daily lives, it is still very much in its infancy. Existing technology and internet infrastructure have a long way to before we can truly begin to realise the true capabilities of IoE and it achieves mainstream adoption. - 


Lynn Collier, COO at HDS UK gives her input:

“While the development of IoT solutions is still in its infancy, the challenge for both vendors and channel partners is to clearly demonstrate the underlying business benefits. Most importantly, how will the promise of IoT help to deliver a better customer experience?  - “Bringing together people, process, data and connected devices will undoubtedly have a significant impact on a number of industries. With Gartner predicting it will take five to ten years before IoT reaches mainstream adoption, vendors and partners need to prioritise educating customers now on the what the promise holds to increase awareness and adoption, but also on solutions available today which will deliver value and that all important stepping stone to the future. Through developing business-driven use cases, vendors and partners will help to demonstrate how IoT solutions can improve the bottom line whilst also benefitting customers.”

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FTC Launches Investigative Arm to Tackle Internet of Things, Big Data

FTC Launches Investigative Arm to Tackle Internet of Things, Big Data | Internet of Things - Technology focus | Scoop.it
The new office aims to address all consumer technological risks, according to Chief Technologist Ashkan Soltani.
Richard Platt's insight:

A little more on the recent FTC decision to create a new Office of Technology Research and Investigation The office evolved from the agency's mobile technology unit, an entity the commission created a few years ago to address mobile technology’s own unique consumer protection challenges associated with smartphones and other mobile devices, according to Ashkan Soltani, FTC's chief technologist.  - “The hope is to bring all of these individuals together, with a few more additional hires to form this more broad office of technology research that’s not just mobile specific but is looking at other issues,” Soltani told Nextgov.

Kristin Cohen, the current chief of the mobile unit, will lead the new unit.  - The mobile unit currently has about 15 lawyers and technologists who are expected to shift over to the new office. The commission also plans to hire two new staff members and a handful of technology interns, Soltani said. - The office is also expected to work closely with the agency's "Internet Lab," which uses digital tools to protect consumers.

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Machine consciousness: Big data analytics and the Internet of Things

Machine consciousness: Big data analytics and the Internet of Things | Internet of Things - Technology focus | Scoop.it
Companies aim to squeeze more efficiency from operations by cloud-connecting everything.
Richard Platt's insight:

It's when data from networked sensors is fused with other sources (like the tree survey) that it becomes valuable. On the lower end of the analytics space, there are tools like Wolfram's Data Drop, which can take in data from anything that can send it via HTTP and add semantic structure to it for analysis. For larger systems, like GE's Predix, it all goes into a "data lake"—a giant cloud storage pool of structured and unstructured data that can be programmatically accessed by analytics tools.  - But all that data is useless without good analytics, and simply matching raw sensor numbers by timestamps isn't enough to understand what's going on historically or in realtime. That's where data science comes in. "Data science is all about building models on any kind of data that represents physical phenomena," Christina Brasco, a data scientist at GE Software in San Ramon, told Ars. "We're building analytic engines that might be working on numbers a mathematical model produced, and not on raw data."

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Power(ed bikes) assist the people

Power(ed bikes) assist the people | Internet of Things - Technology focus | Scoop.it
Oregon News Coverage, Sports, Politics, Interviews. 26 newspapers all covering what is important for you locally.
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The e-bike’s 36-volt electric motor gives extra oomph on hills and eases pedal power on the flat. The McDowells plan to use their new Mahindra GenZe e-bikes as supplemental transportation on a long adventure around the United States later this year; Bekegrede is using his to ride 10 miles to work. - The Mahindra GenZe, a company based in India with new roots in the San Francisco Bay area. The company opened their shop in bike-happy Portland in November.

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CURRENCIES OF CHANGE | Trend Briefing

CURRENCIES OF CHANGE |  Trend Briefing | Internet of Things - Technology focus | Scoop.it
Why customers will expect good behavior to be more than just its own reward.
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Additive manufacturing yields world's first printed jet engine

Additive manufacturing yields world's first printed jet engine | Internet of Things - Technology focus | Scoop.it
A team of researchers has printed two jet engines using additive manufacturing.

Via Jan Feather
Richard Platt's insight:

"Xinhua and her Monash University team have demonstrated their mastery of additive manufacturing in metal. The partnership with Microturbo (Safran) is a success story that was recognized last year when Safran gave the team its Prize 'Innovation for Product and Technology' for the excellent work carried out in partnership with Microturbo and the University of Birmingham.  - "The project is a spectacular proof of concept that's leading to significant contracts with aerospace companies. It was a challenge for the team and pushed the technology to new heights of success—no one has printed an entire engine commercially yet," says Ben Batagol, of Amaero Engineering, the company created by Monash University to make the technology available to Australian industry.

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