Tag: Transportation

Computer vision revolutionizes IoT

The convergence of computer vision with IoT is poised to disrupt

Posted on Frank Lee1 CommentPosted in Artificial Intelligence, Computer vision, Internet of Things

The Internet of Things is set to transform and disrupt what we do and how we do it. But there is a coming revolution – the integration of computer vision, machine intelligence, data analytics, with IoT that promises a whole new set of disruptions.

This post is Part One of a series of briefings on the convergence of computer vision and the Internet of Things (IoT). It discusses what computer vision is, the impact of advanced machine learning algorithms, examples of use cases, and current challenges.

Smart parking - the real innovation is not in the parking

Smart parking is innovative, but what it enables is even more innovative

Posted on Benson Chan2 CommentsPosted in Digital Transformation, Innovation Management, Internet of Things, Smart City

The real innovation of smart parking solutions is not in the technology. While smart parking solutions bring immediate value to drivers, parking enforcement agencies and cities, the real innovations and value will emerge once it is deployed and new beneficiaries emerge.

Smart parking is not all about parking. This article describes who the new beneficiaries are, shares examples of where new value is being created, and lists best practices to uncover real innovations.

IoT innovation is not in the solution, but in how it is used

IoT innovation is not in the technology, but in what it can do

Posted on Benson Chan4 CommentsPosted in Best Practices, Digital Transformation, Innovation Management, Internet of Things, Strategy

Don’t confuse IoT with innovation. The real IoT innovation is not in the technology, but in what it can do and what it allows organizations to become – intelligent, agile and adaptive, in creating new value for its customers.

This article describes five innovation paths with IoT solutions to consider when planning digital transformation projects, along with advice to get started on turning the Internet of Things into the Innovation of Things.