2016: A year of advancing Internet of things (IoT) applications

By Hemnabh Varia and Monika Mahto

It’s been 15 years since the term “Internet of things” was coined by Kevin Ashton, a technologist specializing in sensors and RFID.1 Since then, various applications of IoT have evolved in industries such as automotive, healthcare and consumer goods, among others. The various technological developments in the IoT space can be explained through the information value loop (IVL), which serves as a linchpin for evaluating these advancements, and linking them in order to create value for companies as well as customers. Refer to the paper, “The more things change: Value creation, value capture, and the Internet of Things” for detailed discussion of the value loop.

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When the ordinary becomes extraordinary: The ‘enchanted’ objects of David Rose

When the ordinary becomes extraordinary: The ‘enchanted’ objects of David Rose Posted by Jonathan Holdowsky

A while ago, I came across a quote from Khalil Gibran—“Forgetfulness is a form of freedom.”

I was reminded of this notion when I recently attended a talk given by David Rose, technology entrepreneur and lecturer at the MIT Media Lab. There, Rose spoke about “GlowCaps”, a pill bottle he developed that is designed to send sound, light, and text reminders when the patient fails to take the medication at the prescribed time. GlowCaps is but one example of what Rose calls an “enchanted” object—everyday items endowed with the ability to serve human needs thanks to the connectivity technologies made possible by the Internet of Things (IoT).
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