Building the Smart Region: an opportunity for electric utility companies

Posted on Leave a commentPosted in Business Models, Digital Transformation, Innovation Management, Internet of Things, Smart City, Smart Communities, Strategy

While smart cities represent a major business opportunity for utility companies, they are better suited to co-lead the building of the “smart region”. Utility companies have the regional focus, infrastructure, resources, operational and execution capabilities to support the largest metropolitan areas to the smaller cities and regions.

This article discusses some entry level smart region opportunities for utility companies, as well as some of the key gaps they must address.

Industrial IoT vs IoT - know the difference

Industrial IoT versus IoT – do you know the difference?

Posted on 2 CommentsPosted in FAQs, Industrial IoT, Internet of Things, Product Management

Industrial IoT (IIoT) is not the same as IoT. Industrial IoT, a subset of the larger IoT, focuses on the specialized requirements of industrial applications, such as manufacturing, oil and gas, and utilities. Although IoT and IIoT share common technologies (sensors, cloud platforms, connectivity, and analytics), the similarities end there.

This article highlights key differences that product managers and buyers must know when planning industrial IoT solutions.