Interview: Sensing business opportunities with IoT

This is according to Dale Kutnick, senior vice president, emeritus, and distinguished analyst at Gartner.

“When we wanted to manage physical things, whether in the industrial world or the consumer world, we did something called ‘predictive maintenance’. We would look at past history and know that an engine needs to be serviced every 15,000 miles. What happens if a spec of dust gets in it and starts playing havoc with the engine? With the Internet of Things, a sensor would be able to detect that happened. So it might not be due for an oil change or a overhaul for awhile, but you need to do it now. That’s really important in industrial equipment airplane engines, cars, boats, and generators in cruise ships.”

In the below interview Kutnick discusses the business opportunities of IoT.