1. Internet of things: Early adopters share 4 key takeaways

    Internet of things: Early adopters share 4 key takeaways

    ARI Fleet Management manages 1.2 million things with wheels across North America and Europe, from telephone company trucks to corporate vehicles to railroad maintenance trucks.

    The telematics sensors on its rolling stock of vehicles capture data between every three and 30 seconds. "Every two weeks, we get the equivalent of all the data we've accumulated in the last twenty years," says Bill Powell, director of enterprise architecture for the Mt. Laurel, N.J.-based firm.

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    1. Every two weeks, we get the equivalent of all the data we've accumulated in the last twenty years.
    2. It was not economically viable to do these kinds of calculations and analysis not so long ago.
    3. In the past, operations technology was done by someone else. Today, every piece of production equipment is designed by our engineering group -- it's not something you buy off-the-shelf. With IoT, to get the data from the equipment, you have to work shoulder-to-shoulder with engineering.
    4. I need to know where people are flowing through the cityscape. I need to know where concentrations of people are located dynamically, so I can react with police resources or utility resources.
    5. It'll be a while before it all settles out.
    6. There is much opportunity to change the industrial space. There are areas we thought were already optimized, but now they're going through the same revolutionary changes that banks went through when they shifted from paper checks to electronic money transfers.
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