• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Printed Electronics
    • Raw Materials
    • Equipment
    • Services
    • Suppliers Guide
    • Resources
    • More
  • Magazine
  • News
  • Printed Electronics
  • Raw Materials
  • Equipment
  • Services
  • Suppliers Guide
  • Resources
  • Current & Past Issues
    Features
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Breaking News
    Experts Opinion
    Financial News
    Manufacturers News
    Mergers and Acquisitions
    Online Exclusives
    Personnel
    Product Releases
    Suppliers News
    Live From Shows
    Displays and Lighting
    Photovoltaics
    Printed Batteries
    Printed Circuit Boards/Membrane Switches/In Mold Electronics
    Flexible and Printed Electronics
    RFID and NFC
    Sensors and Wearables
    Smart Cards and Packaging
    Touch Screens
    Adhesives, Barriers and Encapsulants
    Chemicals, Metals and Powders
    Conductive Inks and Coatings
    Electronic Materials
    Film, Paper, Glass and Substrates
    Graphene, Perovskites and Carbon Nanotubes
    Nanomaterials
    Printed Electronic Components
    Research Reports
    Semiconductors and Quantum Dots
    Energy Curing Equipment
    Lab and Testing Equipment
    Manufacturing Equipment
    Printing Equipment
    3D Printing
    Contract Manufacturing Services
    Product Design and Testing
    Research and Consulting
    Research Institutions
    Research Reports
    Universities
    Equipment
    All Companies
    Materials
    Categories
    Converting
    Printed Electronics Systems
    Associations
    Research and Services
    Used Machinery
    Add New Company
    Industry Events
    Live from show events
    Podcasts
    Videos
    Blogs
    Slideshows
    Infographics
    Webinars
    Whitepapers
    Equipment and Services
    Glossary
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Suppliers Guide
      • Add Your Company
    • Printed Electronics
      • Photovoltaics
      • Printed Batteries
      • Printed Circuit Boards/Membrane Switches/In Mold Electronics
      • Flexible and Printed Electronics
      • RFID and NFC
      • Sensors and Wearables
      • Smart Cards and Packaging
      • Touch Screens
    • Raw Materials
      • Adhesives, Barriers and Encapsulants
      • Chemicals, Metals and Powders
      • Conductive Inks and Coatings
      • Electronic Materials
      • Film, Paper, Glass and Substrates
      • Graphene, Perovskites and Carbon Nanotubes
      • Nanomaterials
      • Semiconductors and Quantum Dots
    • Equipment
      • Energy Curing Equipment
      • Lab and Testing Equipment
      • Manufacturing Equipment
      • Printing Equipment
      • 3D Printing
    • Services
      • Contract Manufacturing Services
      • Product Design and Testing
      • Research and Consulting
      • Research Institutions
      • Research Reports
      • Universities
    • Online Exclusives
    • Slideshows
    • Blog
    • Videos
    • Podcasts
    • Infographics
    • Events
      • Industry Events
      • Live from show events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Recipe for Success on the IoT: Learnings from Cisco’s IoT World Forum 2017

    Confidex EVP believes that 2017 is the year for action on the IoT.

    Related CONTENT
    • SMARTRAC Enables SPYDER’S First Foray into Wearable Technology
    • Internet of Things Spending Forecast to Grow 17.9% to $737 Billion in 2016
    • Zebra SmartSense for Retail Helps Retailers Execute Omnichannel Fulfillment
    • Tyco Retail Solutions Expands Systems Integration Capabilities with Zebra Readers
    • Zebra Technologies Delivers ‘Visibility That’s Visionary’ at NRF 2017
    06.19.17
    The human side of the Internet of Things was one of the key topics of the Internet of Things World Forum 2017, a leading international industry event hosted by the ICT giant Cisco. Top executives from hundreds of companies were invited to attend the three-day event in London on May 22 to 24
     
    “Simplification of systems and human side. The practical significance of the Internet of Things will be centered around these two themes,” says Timo Inkinen, EVP, Smart Industries at Confidex.
     
    “The event has previously focused mainly on visions and strategies. In 2017, however, the message was that this is the year of action. This was delightful, as it felt like we have reached the stage of adoption where IoT is creating tangible value for our new and long term business partners.”
     
    With billions of devices connecting to the Internet, it is easy for people to despair – even more so when they are told that if they can describe their job, it can be automated. The Internet of Things will change our daily lives in unprecedented ways. The darkest voices of doom are only seeing increased unemployment in the future. Inkinen, however, is seeing opportunities:
     
    “For companies, of course, ability to perform is a key success factor, but the event reinforced my view that technology is a servant, not the master. The cost savings can be invested in retraining employees and freeing up time for creative work that requires thinking – work that cannot be replaced with bits or algorithms.”
     
    At the IoT World Forum, Cisco published a study indicating that only 26% of all IoT projects are successfully implemented. While the percentage varies slightly by sector, it is surprisingly low percentage, considering how long there has been for example successful RFID implementations and how much enthusiasm IoT discussion has created.
     
    “At the event, the audience voted for the main reasons that have prevented IoT from making its big breakthrough. Based on the vote, the most significant reason is lack of expertise, followed by lack of integration expertise and budget constraints. Information security frequently makes the news, but it was considered to be only the fourth most significant reason.”
     
    The final breakthrough of IoT also depends on the customer experience. To Inkinen, the customer experience is opposite to lots of engineers implementing complex digital systems with fancy new technologies – it’s ease of use even when taking into account the demanding characters of industrial environment.
     
    The core consideration is the simplicity of the services and products. Companies often make the mistake of trying to take maximum out of technologies, instead of designing solutions that serve the purpose. Confidex focuses on offering wireless connectivity solutions, linking assets with quantifiable data to enterprise systems. Confidex collaborates with hundreds of international clients from automotive, logistics and manufacturing industries.
     
    “We have always collaborated closely with our clients. We co-operate to develop together solutions that are robust, easy to install and maintain and at the same meeting the application requirements,” says Inkinen.
     
    Four things Inkinen would highlight based on the discussions at Cisco’s IoT World Forum 2017.
     
    1. Simplification of systems: IoT solutions will not succeed until end customers want to implement them with clearly defined benefits and ease of use. Users will not commit to IoT until it is sufficiently simple to use. IoT has made our world even more complicated than before and this is making the adoption of technology slower than expected. This means that companies should ensure the high quality and ease-of-use of their products and services by focusing on what they do best.
     
    2. Human side of IoT: How can we ensure that digital transformation does not mean neglecting people? IoT frees up time from routine tasks and nurtures creativity, which generates new jobs.
     
    3. Talent acquisition: Companies must also focus on ensuring that people have relevant knowledge and skills in the new world. Companies should not try to manage everything by themselves. Instead, they should focus boldly on their core expertise and partner with the best to solve challenges related the full solution and related talent gap.
     
    4. Security: Imagine the WannaCry ransomware attack. Then imagine IoT. Today, we carry IT infrastructure in our smartphones in our pockets. Information security is even more important than before, particularly for devices that communicate with one another.
    Related Searches
    • devices
    • rfid
    • iot
    • confidex
    Suggested For You
    Confidex, Sasken Develop Spare Parts Authentication Solution for Automotive Companies Confidex, Sasken Develop Spare Parts Authentication Solution for Automotive Companies
    Optomec CEO Presents at LiveWorx Technology Conference Optomec CEO Presents at LiveWorx Technology Conference
    Confidex Releases Confidex Flex Component Tracking Label Confidex Releases Confidex Flex Component Tracking Label
    Gemalto to Demonstrate Capabilities at IoT World 2017 Gemalto to Demonstrate Capabilities at IoT World 2017
    RRD Shows CustomWave RFID Solutions Powered by Printed Electronics RRD Shows CustomWave RFID Solutions Powered by Printed Electronics
    Confidex Links Everything at RFID Journal Live! 2017 Confidex Links Everything at RFID Journal Live! 2017
    STMicroelectronics Showcases IoT Development Ecosystem at TECHNO-FRONTIER 2017 STMicroelectronics Showcases IoT Development Ecosystem at TECHNO-FRONTIER 2017
    NXP, GCL Technologies Deliver IoT and NFC Solution for Wine and Spirits Closures NXP, GCL Technologies Deliver IoT and NFC Solution for Wine and Spirits Closures
    HD Global Examines Internet of Trusted Things HD Global Examines Internet of Trusted Things
    Zebra Technologies Presents ‘Intelligent Enterprise’ at 2017 World Retail Congress Zebra Technologies Presents ‘Intelligent Enterprise’ at 2017 World Retail Congress
    The Flexible Battery Market The Flexible Battery Market
    The Conductive Ink Market The Conductive Ink Market
    Confidex Introduces Crosswave RFID labels for Logistics 4.0 Confidex Introduces Crosswave RFID labels for Logistics 4.0
    STMicroelectronics, Prove & Run Provide Scalable Security Platform for IoT Devices STMicroelectronics, Prove & Run Provide Scalable Security Platform for IoT Devices
    Smartrac, LAB ID and Temera Join Forces Smartrac, LAB ID and Temera Join Forces

    Related Breaking News

    • Breaking News | Flexible and Printed Electronics | Research Institutions
      CPI Supports Smart Food-labeling Project Set to Reduce Food Waste in 2020

      CPI Supports Smart Food-labeling Project Set to Reduce Food Waste in 2020

      CPI helped to develop wet media formulations and timing mechanisms for the new Oli-Tec Time Temperature Indicator label (TTI) technology.
      12.11.19

    • Breaking News | Displays and Lighting | Flexible and Printed Electronics | Sensors and Wearables
      Isorg’s Showcasing Full-screen Fingerprint-on-Display Module at CES 2020

      Isorg’s Showcasing Full-screen Fingerprint-on-Display Module at CES 2020

      It supports up to four fingers simultaneously touching a smartphone display.
      12.11.19

    • Breaking News | Flexible and Printed Electronics | Manufacturing | Printing | Smart Cards and Packaging
      MGI Receives 2019 Oscar de l

      MGI Receives 2019 Oscar de l'Emballage Award

      In the "Printing and Digital Technologies" category for its "Enhance your Brand" interactive “smart packaging” application model.
      12.11.19


    • Breaking News | Displays and Lighting | Flexible and Printed Electronics | RFID and NFC | Smart Cards and Packaging
      Ynvisible, Identiv Partner on Temperature Tracker Products

      Ynvisible, Identiv Partner on Temperature Tracker Products

      Companies combining Ynvisible’s EC display technology-based visual indicators with Identiv’s range of uTrust Sense Temperature Tracker products.
      12.10.19

    • Breaking News | Displays and Lighting | Flexible and Printed Electronics | Personnel
      Tom Peregoodoff Appointed CEO of TF Massif Technologies

      Tom Peregoodoff Appointed CEO of TF Massif Technologies

      Will succeed Judith Stewart who remains with the organization in the role of president.
      12.10.19

    • Breaking News | Displays and Lighting | Mergers and Acquisitions | Semiconductors and Quantum Dots
      Osram’s Managing Board Invites ams to Talks About Future

      Osram’s Managing Board Invites ams to Talks About Future

      Osram management begins talks on way to becoming a joint photonics champion.
      12.10.19


    • Breaking News | Displays and Lighting | Flexible and Printed Electronics | Printed Circuit Boards/Membrane Switches/In Mold Electronics | Research Reports | Semiconductors and Quantum Dots | Sensors and Wearables
      Yole: Emerging Printing Fills Gap for Rising Electronics Applications

      Yole: Emerging Printing Fills Gap for Rising Electronics Applications

      According to Yole’s analysts, the emerging printing equipment market is expected to grow at a 5.8% CAGR for the next five years, to reach $781 million in 2024.
      12.10.19

    • Breaking News | Flexible and Printed Electronics | Graphene, Perovskites and Carbon Nanotubes | Photovoltaics | Research Institutions | RFID and NFC | Sensors and Wearables
      European Industries Lead New Graphene Flagship Projects to Shape EU’s Environmental Future

      European Industries Lead New Graphene Flagship Projects to Shape EU’s Environmental Future

      Graphene Flagship has committed €45 million to invest in 11 commercialization projects.
      12.10.19

    • Breaking News | Research Institutions | Semiconductors and Quantum Dots
      Imec Shows Ultra-Scaled FETs with 2D-Material Channel

      Imec Shows Ultra-Scaled FETs with 2D-Material Channel

      2D materials paving way to extreme scaling for logic and memory transistors.
      12.09.19


    • Breaking News | Mergers and Acquisitions | RFID and NFC | Semiconductors and Quantum Dots | Sensors and Wearables
      NXP Completes Acquisition of Marvell’s Wi-Fi, Bluetooth Connectivity Assets

      NXP Completes Acquisition of Marvell’s Wi-Fi, Bluetooth Connectivity Assets

      The agreement was previously announced in May 2019.
      12.09.19

    • Breaking News | Film, Paper, Glass and Substrates | Manufacturing | Research Institutions
      Optoelectronic Systems on Thin Glass

      Optoelectronic Systems on Thin Glass

      Consortium aims to offer a modular system of functional materials, semi-finished products, tools, for the roll-to-roll production of optoelectronic systems.
      12.09.19

    • Breaking News | Graphene, Perovskites and Carbon Nanotubes | Sensors and Wearables
      IDTechEx Show! Announces Graphene Award Winner

      IDTechEx Show! Announces Graphene Award Winner

      Its application was on "Selective CNT Gas Sensors."
      12.09.19

    • Breaking News | Displays and Lighting | Energy Curing/Sintering | Flexible and Printed Electronics | Manufacturers News | Manufacturing | Photovoltaics | Printed Batteries | Printed Circuit Boards/Membrane Switches/In Mold Electronics | RFID and NFC | Sensors and Wearables | Smart Cards and Packaging | Suppliers News | Touch Screens
      OE-A Continues to Bring Future of Printed Electronics to CES 2020

      OE-A Continues to Bring Future of Printed Electronics to CES 2020

      Held annually in Las Vegas, it attracts more than 170,000 attendees from 160 countries.
      12.06.19

    • Breaking News | Flexible and Printed Electronics | Sensors and Wearables
      CES 2020:

      CES 2020: 'Where Tech Changes Business'

      CES 2020 will run Jan. 7-10 in Las Vegas.
      12.06.19

    • Breaking News | Photovoltaics | Research Institutions
      Avancis, Smit Thermal, HZB, CNRS, Solliace Team for Higher Efficiencies in CIGS

      Avancis, Smit Thermal, HZB, CNRS, Solliace Team for Higher Efficiencies in CIGS

      During the last three years, the conversion efficiency of CIGS record cells has been increased from 20.5% to 23.35%.
      12.06.19

    Breaking News
    • CPI Supports Smart Food-labeling Project Set to Reduce Food Waste in 2020
    • Isorg’s Showcasing Full-screen Fingerprint-on-Display Module at CES 2020
    • MGI Receives 2019 Oscar de l'Emballage Award
    • Ynvisible, Identiv Partner on Temperature Tracker Products
    • Tom Peregoodoff Appointed CEO of TF Massif Technologies
    View Breaking News >
    CURRENT ISSUE

    Fall 2019

    • Smart Packaging Continues to Find New Opportunities
    • In-Mold Electronics Makes Gains in Automotive, Appliances and More
    • Printed Electronics Now’s International Suppliers’ Directory
    • Wearables Market Trending Upward
    • Conductive Ink Conference Highlights Latest Trends
    • View More >
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Deerland Obtains Certification from Australia’s Therapeutic Goods Administration
    OptiMSM Shown to Improve Hair & Nail Appearance and Condition
    DCC Acquires Contract Manufacturer Ion Laboratories
    Coatings World

    Latest Breaking News From Coatings World

    Beckers Group Announces Global Price Increase on Coil, Industrial Coatings
    Evonik, Wynca Celebrate Groundbreaking of New Fumed Silica Plant in Zhenjiang
    Personnel Changes in Corporate Communications, Government Relations at BASF
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    15-Year Tele-Critical Care Collabration Yields Significant ICU Improvement Results
    Prellis Biologics' New Tool Simplifies Complex Tissue Engineering
    InspireMD's CEO Steps Down
    Contract Pharma

    Latest Breaking News From Contract Pharma

    CatSci Expands Capabilities with Lab Expansion
    Smart Tags on Pills Set to Improve Supply Chain Security and Patient Adherence
    PCI Pharma Services Invests in Tredegar, UK Site
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Time Features 5 Best Beauty Inventions
    CES 2020 Preview - Innovation Award Honorees in Health & Wellness
    Star of E!'s Botched Gets Line Leaping Bunny Certified
    Happi

    Latest Breaking News From Happi

    Birchbox Partners with Buzzfeed
    Coty Strengthens Its Leadership
    Jennifer Garner Joins Virtue Labs
    Ink World

    Latest Breaking News From Ink World

    Smurfit Kappa, Wings for Aid Create Disaster Relief Packaging Solution
    ePac Flexible Packaging Expands into Asia Pacific Market
    United Carton Industries Company Invests in EFI Nozomi Corrugated Printer
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Luminer promotes Heather Bookman to prepress manager
    Materials Exchange launches to solve excess inventory issue
    Mark Andy joins forces with UPM Raflatac
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Simavita Set to License Sensor Technology in EU
    NDC Appoints President
    AATC Adds Two Scholarships
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    TriMed Closes Out FDA Warning Letter
    FDA OKs Shoulder Innovations' Augmented Glenoids for Total Shoulder System
    OrthoGrid Systems Receives FDA 510(k) Clearance for New PhantomMSK Trauma Application
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    SEMI Releases Global Semiconductor Equipment Sales Forecast
    eMagin Corporation Announces Approximately $4.3 Million Order for Military Program
    CPI Supports Smart Food-labeling Project Set to Reduce Food Waste in 2020

    Copyright © 2019 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.