The Internet of Things will connect everyone and everything in a seamless network. But the more important question is: "How will it connect with you?"
The Internet of Things meets Big Data. Ok, what the heck does this intersection of jargon possibly mean to me? This video interview with PWC’s Chief Technologist, Chris Curran, gives a great perspective on the evolution of smart products and open connectivity, while providing a few hints as to where the next generational wave is moving. The concept of small devices talking to each other independently (without human interaction), and then providing predictive insights, testing/validating such insights, and ultimately “learning” from patterns of outcomes – puts us literally at the doorstep of a science fiction novel. Yet this is where we have arrived indeed. In our executive recruiting business, we have been working with IoT clients whose “smart” device applications will impact how we experience travel, dine in our homes, purchase items from vending machines, protect our offices, and even how and when we buy coffee and bagels! The common thread with all of these is that everything seems to run quietly in the background – with our subconscious consent and expectation of a high deliverable – while our personal activities and lives are measured, monitored, and metered 24/7 without us really thinking too much about it. Of course, therein lies the rub! Big Data, provided by smart device collections and crunched through some very innovative software, is yet again changing the game. If you don’t know too much about this; no need to worry. It’s happening whether you are aware or not. But next time you find yourself on a cold rainy day relishing at the variety of warm muffins and delicious new caffeinated brews at your local coffee shop; take a momentary pause. That indiscriminate thermostat with a Wi-Fi connection could be behind it all!