Industry landscape of the emerging technologies
The digital technologies described ahead are key to transforming multiple industries. For instance, the IoT is the very basis of connected products and operations and helps to launch new business models. The connected products depend on multiple ways of connecting, especially when the product is operating in the field. The sensing technologies provide the measurement of the actual physical state of the product. In the following sections, we will look into the details of the key technologies. We will look at their origin, current state, and how they can be used for specific transformative outcomes.
Internet of Things
IoT is a powerful enabling technology for digital transformation. Three primary components are fundamental to IoT: connectivity, sensing, and computing (see Figure 3.1):
Figure 3.1 – Conceptual view
IoT enables multiple transformative outcomes, as shown on the right in Figure 3.1...
