Here's How Big Business Will Use the Internet of Things (But Your Home Thermostat Is Cute)

It's how the big kids use the Internet of things that can really affect global trends like machine efficiency standards, corporate profits, and the advance of computer technology.

What's the Latest?


Internet-connected consumer devices are cute and come in a variety of colors but it's how the big kids use the Internet of things that can really affect global trends like machine efficiency standards, corporate profits, and the advance of computer technology. General Electric, for example, has invested $400 million to build what it calls a "brilliant factor" in Greenville, S.C. In San Ramon, Calif, the company had pledged at least $1 billion toward developing an industrial Internet, harnessing the power of the Internet of things to benefit its research and development wing. 

What's the Big Idea?

By creating sensors to measure everything from the moisture level on factory floors to the sensitivity of certain machine parts at different points in the production line, large industrial companies like GE, Honeywell, and Roper plan to create big value from aggregating little data points. As GE's chief executive Jeff Immelt said: 

"If we can take an aircraft engine, and if we can get 10 percent more time on wing for that engine, that’s worth billions of dollars to our customers. ... And the way you do that is through material science, where we’re really good. But you have to be able to do a better job on analytics and modeling failure, and things like that."

Read more at the Washington Post

Photo credit: Shutterstock

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

Getty Images
Sponsored
Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

Keep reading Show less

Think you’re bad at math? You may suffer from ‘math trauma’

Even some teachers suffer from anxiety about math.

Image credit: Getty Images
Mind & Brain

I teach people how to teach math, and I've been working in this field for 30 years. Across those decades, I've met many people who suffer from varying degrees of math trauma – a form of debilitating mental shutdown when it comes to doing mathematics.

Keep reading Show less

A world map of Virgin Mary apparitions

She met mere mortals with and without the Vatican's approval.

Strange Maps
  • For centuries, the Virgin Mary has appeared to the faithful, requesting devotion and promising comfort.
  • These maps show the geography of Marian apparitions – the handful approved by the Vatican, and many others.
  • Historically, Europe is where most apparitions have been reported, but the U.S. is pretty fertile ground too.
Keep reading Show less

How KGB founder Iron Felix justified terror and mass executions

The legacy of Felix Dzerzhinsky, who led Soviet secret police in the "Red Terror," still confounds Russia.

Getty Images
Politics & Current Affairs
  • Felix Dzerzhinsky led the Cheka, Soviet Union's first secret police.
  • The Cheka was infamous for executing thousands during the Red Terror of 1918.
  • The Cheka later became the KGB, the spy organization where Russia's President Putin served for years.
Keep reading Show less