Tag Archives: internet of things

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IoT Implementation Lagging

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While the Internet of Things (IoT) offers many benefits to businesses, such as keeping track of inventory, ordering products and having them delivered when needed, installing smart street lamps that monitor traffic, and detecting moisture levels in soil for optimal irrigation, most companies have yet to optimize the technology, according to a study by Accenture.

“From Productivity to Outcomes: Using the Internet of Things to drive future business strategies,” found that the 87% of companies are aware of the benefits and the potential impact on their business, but only 38% believe their company’s executives understand the technology.

“Is it caution or complacency that is hindering the C-suite from harnessing the Internet of Things? This study shows that senior leaders cite multiple reasons why they have not made inroads—from constrained access to capital, to insufficient access to technology or poor information and telecommunications infrastructure,” Bruno Berthon, managing directure-Accenture Strategy commented in the report.

 

Berthon continued:

“I believe the conditions are ripe for the widespread adoption of the Internet of Things; a proliferation of data-rich sensors and devices that open up connectivity and a universal demand for faster, more efficient ways to work and live…The Internet of Things is game changing. Leaders should seek out the best outcomes—to benefit their businesses, their countries and the worldwide economy.”

Department of Transportation Orders Investment in V2V Communication for Cars

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Car Accident

In this month’s Risk Management magazine, Katherine Heires discussed the risks of the Internet of Things —the increasing interconnectedness facilitated by a vast array of products incorporating smart technology and the internet to customize the user experience.

Automation in cars can control just about every component of the driving experience, right down to music, speed and temperature. But so much assistance can also lead drivers to tune out behind the wheel. “Lost in the debate around autonomous technology is that these features pull workload away from the driver and can result in under-arousal,” Bryan Reimer, who researches driver efficiency issues at the Massachusetts Institute of Technology, told the New York Times.

So carmakers are now developing technology to help keep drivers alert. According to the New York Times:

Both versions analyze the way a driver acts behind the wheel, taking note of over 70 parameters in the first few minutes of a drive. As the drive continues, the system continuously compares driver activity—including steering movement, steering speed and control operation—to the baseline. It also considers factors like crosswinds and road condition, so as not to be misled by differences in driver response that are related to weather or terrain.

A display on the dashboard provides a continuously updated analysis of attention level and elapsed time since the last stop. If driver inattention approaches a critical level, an alert is issued and a rest stop encouraged.

The government is also now turning to the Internet of Things to try to keep drivers safer. On Monday, the Department of Transportation announced plans to move forward with V2V technology that allows vehicles to communicate with each other in order to prevent collisions. Operating on a dedicated radio spectrum similar to WiFi, V2V systems utilize transponders that can communicate a car’s location, direction and speed up to 10 times per second to surrounding cars. Vehicles equipped with this technology can alert their drivers to potential collisions and some could automatically slow down to avoid accidents.

According to the DOT, V2V could prevent up to 80% of accidents that don’t involve drunk drivers or mechanical failure. “Vehicle-to-vehicle technology represents the next generation of auto safety improvements, building on the life-saving achievements we’ve already seen with safety belts and air bags,” said U.S. Transportation Secretary Anthony Foxx. “By helping drivers avoid crashes, this technology will play a key role in improving the way people get where they need to go while ensuring that the U.S. remains the leader in the global automotive industry.”