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Building the Internet of Things: Implement New Business Models, Disrupt Competitors, Transform Your Industry
Connect your organization to the Internet of Things with solid strategy and a proven implementation plan Building Internet of Things provides front-line business decision makers with a practical handbook for capitalizing on this latest transformation. Focusing on the business implications of Internet of Things (IoT), this book describes the sheer impact, spread, and opportunities arising every day, and how business leaders can implement IoT today to realize tangible business advantages. The discussion delves into IoT from a business, strategy and organizational standpoint, and includes use-cases that illustrate the ripple effect that this latest disruption brings; you'll learn how to fashion a viable IoT plan that works with your organization's strategy and direction, and how to implement that strategy successfully by integrating IoT into your organization tomorrow.
For business managers, the biggest question surrounding the Internet of Things is what to do with it. This book examines the way IoT is being used today—and will be used in the future—to help you craft a robust plan for your organization.
Grasp the depth and breadth of the Internet of Things Create a secure IoT recipe that aligns with your company's strategy Capitalize on advances while avoiding disruption from others Leverage the technical, organizational, and social impact of IoT In the past five years, the Internet of Things has become the new frontier of technology that has everyone talking. It seems that almost every week a major vendor announces a new IoT strategy or division; is your company missing the boat? Learn where IoT fits into your organization, and how to turn disruption into profit with the expert guidance in Building the Internet of Things.
For business managers, the biggest question surrounding the Internet of Things is what to do with it. This book examines the way IoT is being used today—and will be used in the future—to help you craft a robust plan for your organization.
Grasp the depth and breadth of the Internet of Things Create a secure IoT recipe that aligns with your company's strategy Capitalize on advances while avoiding disruption from others Leverage the technical, organizational, and social impact of IoT In the past five years, the Internet of Things has become the new frontier of technology that has everyone talking. It seems that almost every week a major vendor announces a new IoT strategy or division; is your company missing the boat? Learn where IoT fits into your organization, and how to turn disruption into profit with the expert guidance in Building the Internet of Things.
263 pages, Kindle Edition
Published November 9, 2016
67 people are currently reading
295 people want to read
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Displaying 1 - 17 of 17 reviews
December 5, 2016
Finally, we have a book that explains in clear language what the Internet of Things (IoT) is all about. We are bombarded with all sorts of hype around IoT, yet there is no practical guidelines for implementing IoT and explaining how to turn it into real, measurable value that saves dollars and delivers profits. Even those of us like me who work in the world of IoT-driven innovation can learn a lot from real examples, advice and insights from this book.
The book provides overview about IoT , as well as successful case studies and step-by-step implementation plans, so that anyone inside and outside the industry can gain valuable knowledge and tips on being prepared and ultimately benefiting from this massive disruption that is transforming the business..
What I found particularly useful is the book’s comprehensive approach on how to fully embrace IoT. The author has that rare capability to explain not only the technology, the integrated solutions and the business value, but also the cultural transformations that must accompany the IoT projects. He explains how to operationalize and internalize IoT in organizations.
My particular passion is around how to ignite disruptive innovation by transforming cultures into startup environments and employees into entrepreneurs. That’s why I found most fascinating the chapter and references to what the author calls, “Generation IoT.” He explains that while millennials have grown up in an environment of constant change that they expect their entire lives, Generation IoT really refers to anyone of any age who welcomes change to challenge themselves, focus on their passions, and embrace open standards, open collaboration with partners, open communication and team-based ways of innovating.
As the author states, IoT is not about the technology so much as it is about people who are willing to constantly adjust to change and re-learn over and over again. These are the trailblazers I try to help nurture by empowering them to tap into their passions, form teams and co-innovate game-changing solutions that can disrupt markets, my own company (Cisco) and ourselves.
I have had the distinct pleasure and honor of working alongside the author, Maciej Kranz, for a number of years. I can attest that he is an IoT pioneer who has implemented dozens of projects in many industries before IoT became a name. He is also an innovative thinker who knows how to get things done. It’s wonderful to read about the culmination of his career to date in this illuminating book that will accelerate the new ways to improve business performance and quality of life all around us
The book provides overview about IoT , as well as successful case studies and step-by-step implementation plans, so that anyone inside and outside the industry can gain valuable knowledge and tips on being prepared and ultimately benefiting from this massive disruption that is transforming the business..
What I found particularly useful is the book’s comprehensive approach on how to fully embrace IoT. The author has that rare capability to explain not only the technology, the integrated solutions and the business value, but also the cultural transformations that must accompany the IoT projects. He explains how to operationalize and internalize IoT in organizations.
My particular passion is around how to ignite disruptive innovation by transforming cultures into startup environments and employees into entrepreneurs. That’s why I found most fascinating the chapter and references to what the author calls, “Generation IoT.” He explains that while millennials have grown up in an environment of constant change that they expect their entire lives, Generation IoT really refers to anyone of any age who welcomes change to challenge themselves, focus on their passions, and embrace open standards, open collaboration with partners, open communication and team-based ways of innovating.
As the author states, IoT is not about the technology so much as it is about people who are willing to constantly adjust to change and re-learn over and over again. These are the trailblazers I try to help nurture by empowering them to tap into their passions, form teams and co-innovate game-changing solutions that can disrupt markets, my own company (Cisco) and ourselves.
I have had the distinct pleasure and honor of working alongside the author, Maciej Kranz, for a number of years. I can attest that he is an IoT pioneer who has implemented dozens of projects in many industries before IoT became a name. He is also an innovative thinker who knows how to get things done. It’s wonderful to read about the culmination of his career to date in this illuminating book that will accelerate the new ways to improve business performance and quality of life all around us
April 16, 2019
Finally I discovered myself with a book well-written on the business models and the transformations for IoT. Adequate information with a related view and the analysis of the very point made the book even more up to the mark.
Suggested.
Suggested.
July 20, 2017
Probably the quickest business read I've read in ages. It largely used manufacturing and tech company examples, but I could see the application to any industry and function in a business. I wrote a list of people to whom I will recommend this book as I think it could help drive better performance and innovation in their work. Sometimes the book is a bit technical, but not without landing the point in plain speak.
May 16, 2017
Pretty generic
An article's worth of info in book form, with generic off the shelf and obvious info. Skip this one, in favor of material that gives you a deeper dive.
An article's worth of info in book form, with generic off the shelf and obvious info. Skip this one, in favor of material that gives you a deeper dive.
March 20, 2017
Book #13: Building the Internet of Things: Implement New Business Models, Disrupt Competitors, Transform Your Industry by Maciej Kranz | Finished February 28th 2017 #100BooksChallenge
Favourite Take Aways
Today's reality is that in a world of more than 7 billion people, there are 70 million who are joining the middle class annually. This growing middle class generates $8 trillion in consumer spending, and their demands require manufacturing companies to be more productive, more sustainable, more flexible, and more cost competitive.
Cisco estimates there is $3.9 trillion of value in manufacturing alone for IoT, one of the largest sectors to benefit from this technology.
Internet of Everything (IoE), a term first coined by Cisco, or even to the digitization of smart assets. IoE brings together the people, processes, data, and things that make networked connections more relevant by turning information into actions.
According to the Cisco report cited earlier, by year 2020, there will be as many as 50 billion connected devices. 8 Whether the actual number ends up being 50 billion, 30 billion, or even 7 billion, these are still staggering figures.
The population of Earth is currently less than eight billion. In 2012, we had 12 billion connected devices and approximately three billion connected people. That means four devices per connected person. Moving forward, the number of connected devices per person analogy will lose its meaning as the role of connected devices evolves from enabling humans to connect to each other and to the data, to enabling machines to connect to each other and to the networks.
Recent estimate from IDC: The worldwide Internet of Things market spend will grow from $692.6 billion in 2015 to $1.46 trillion in 2020 with a compound annual growth rate (CAGR) of 16.1 percent.
Here are a few examples of new capabilities and technologies that, alongside IoT, can position your business for success in the new IoT economy:
Remote expertise
Augmented reality (AR).
Location awareness
Robots
Artificial Intelligence (AI)
Context-aware experiences.
Autonomous vehicles.
Addressable parts.
In the next 10 years many industries will morph, new industries will emerge, and the missions and scope of companies will expand or shift. Change is the new status quo.
Rules for Customers and Vendors
Don't develop custom solutions. The more standardized the solution, the lower the cost to you and the higher the chances that the vendor is committed to it long term.
Set the right expectations.
Be clear about what you're trying to accomplish, as well as why, when, and how. Understand the “care abouts” of all participants—both individuals and the organizations they represent.
Manage size, scope, and phases.
Like any project, you may split the challenge into several chunks, working on some in parallel and some in sequence. It's a proven way to speed progress.
Build the right team.
Assemble a diverse team with complementary skillsets. If you are co-developing with several organizations, they probably shouldn't be representing directly competing companies.
Pace the team.
Brand-new co-development teams may want to start small, using the first project as a way to build a cohesive team whose goal is to pick the low-hanging fruit. After an early success, the team may be ready to tackle a bigger challenge, take more risk.
Get coaching.
Ask for help from people who have real-world experience in running successful co-development initiatives.
Disruption
Horse and buggy versus automobiles —this pervasive and deep social change brought good and bad, and we continue to live with its benefits and consequences.
Plain old telephone service (POTS) versus digital telecom today —this change enables a wealth of options globally at low cost and provides models for automation.
Trains/ships versus airplanes in long-distance travel —this change brings speed and convenience to transportation as opposed to low cost and a greater time commitment.
Paper-based publishing and printing versus electronic, Internet-based publishing and communications —this change has ravaged the paper-based publishing industry, although signs of a hybrid publishing model are slowly evolving and showing some survivability.
Consumer travel industry versus the Internet —this change really comes down to a preference for personalized and niche services or low-cost, do-it-yourself capabilities, and convenience.
Favourite Take Aways
Today's reality is that in a world of more than 7 billion people, there are 70 million who are joining the middle class annually. This growing middle class generates $8 trillion in consumer spending, and their demands require manufacturing companies to be more productive, more sustainable, more flexible, and more cost competitive.
Cisco estimates there is $3.9 trillion of value in manufacturing alone for IoT, one of the largest sectors to benefit from this technology.
Internet of Everything (IoE), a term first coined by Cisco, or even to the digitization of smart assets. IoE brings together the people, processes, data, and things that make networked connections more relevant by turning information into actions.
According to the Cisco report cited earlier, by year 2020, there will be as many as 50 billion connected devices. 8 Whether the actual number ends up being 50 billion, 30 billion, or even 7 billion, these are still staggering figures.
The population of Earth is currently less than eight billion. In 2012, we had 12 billion connected devices and approximately three billion connected people. That means four devices per connected person. Moving forward, the number of connected devices per person analogy will lose its meaning as the role of connected devices evolves from enabling humans to connect to each other and to the data, to enabling machines to connect to each other and to the networks.
Recent estimate from IDC: The worldwide Internet of Things market spend will grow from $692.6 billion in 2015 to $1.46 trillion in 2020 with a compound annual growth rate (CAGR) of 16.1 percent.
Here are a few examples of new capabilities and technologies that, alongside IoT, can position your business for success in the new IoT economy:
Remote expertise
Augmented reality (AR).
Location awareness
Robots
Artificial Intelligence (AI)
Context-aware experiences.
Autonomous vehicles.
Addressable parts.
In the next 10 years many industries will morph, new industries will emerge, and the missions and scope of companies will expand or shift. Change is the new status quo.
Rules for Customers and Vendors
Don't develop custom solutions. The more standardized the solution, the lower the cost to you and the higher the chances that the vendor is committed to it long term.
Set the right expectations.
Be clear about what you're trying to accomplish, as well as why, when, and how. Understand the “care abouts” of all participants—both individuals and the organizations they represent.
Manage size, scope, and phases.
Like any project, you may split the challenge into several chunks, working on some in parallel and some in sequence. It's a proven way to speed progress.
Build the right team.
Assemble a diverse team with complementary skillsets. If you are co-developing with several organizations, they probably shouldn't be representing directly competing companies.
Pace the team.
Brand-new co-development teams may want to start small, using the first project as a way to build a cohesive team whose goal is to pick the low-hanging fruit. After an early success, the team may be ready to tackle a bigger challenge, take more risk.
Get coaching.
Ask for help from people who have real-world experience in running successful co-development initiatives.
Disruption
Horse and buggy versus automobiles —this pervasive and deep social change brought good and bad, and we continue to live with its benefits and consequences.
Plain old telephone service (POTS) versus digital telecom today —this change enables a wealth of options globally at low cost and provides models for automation.
Trains/ships versus airplanes in long-distance travel —this change brings speed and convenience to transportation as opposed to low cost and a greater time commitment.
Paper-based publishing and printing versus electronic, Internet-based publishing and communications —this change has ravaged the paper-based publishing industry, although signs of a hybrid publishing model are slowly evolving and showing some survivability.
Consumer travel industry versus the Internet —this change really comes down to a preference for personalized and niche services or low-cost, do-it-yourself capabilities, and convenience.
August 5, 2018
If you are interested in the Internet of Things (IoT) or want to know what the hype is all about, Mr. Franz has done an admirable job separating the hype from reality and explaining the transformative power of IoT. You don't have to be technologically astute to read this book as Mr. Franz explains both use cases and technologies in layman's terms.
I have been selling IoT solutions to manufacturers and this book is packed with best practices based on a decades worth of working with companies implementing IoT. As Mr. Franz states throughout the book, IoT is not a one time event, but a journey. The executives with whom I help, particularly in the industrial space, realize IoT can make drastic impacts to their operations and manufacturing processes. Their biggest challenge is trying to figure out where to start and the things they need to consider. Mr. Kranz gives some practical advice in his "Recipe for IoT Success". It includes:
- Focus on solving real problems
- Make security everybody's top priority
- Integrate technology solutions with business processes
- Prepare for a journey, not a one-time event
Some of the projects that can yield an "assured IoT payback" include connected operations, remote operations (monitor, control, asset management), predictive analytics and preventative maintenance. Mr. Franz has a large number of quantitative business results peppered throughout the book. He includes examples of value propositions as well as cost justifications.
I would highly recommend this comprehensive book on IoT to anyone interested in considering the possibility of implementing within their organization. Mr. Franz does an excellent job demonstrating the impact IoT will have at transforming the way companies run their business in the future.
I have been selling IoT solutions to manufacturers and this book is packed with best practices based on a decades worth of working with companies implementing IoT. As Mr. Franz states throughout the book, IoT is not a one time event, but a journey. The executives with whom I help, particularly in the industrial space, realize IoT can make drastic impacts to their operations and manufacturing processes. Their biggest challenge is trying to figure out where to start and the things they need to consider. Mr. Kranz gives some practical advice in his "Recipe for IoT Success". It includes:
- Focus on solving real problems
- Make security everybody's top priority
- Integrate technology solutions with business processes
- Prepare for a journey, not a one-time event
Some of the projects that can yield an "assured IoT payback" include connected operations, remote operations (monitor, control, asset management), predictive analytics and preventative maintenance. Mr. Franz has a large number of quantitative business results peppered throughout the book. He includes examples of value propositions as well as cost justifications.
I would highly recommend this comprehensive book on IoT to anyone interested in considering the possibility of implementing within their organization. Mr. Franz does an excellent job demonstrating the impact IoT will have at transforming the way companies run their business in the future.
September 6, 2018
sorry to be blunt but wouldn't recommend this book at all, and its because it feels incoherent, feels like it was written in a rush (its quite evident ), another thing was that i decided to check out some sources and guess what, for the harley davidson article in forbes, there wasnt any mention of iot being implemented or the story that was used in the book.
So overall, a bad book.
So overall, a bad book.
June 12, 2019
This book provides a comprehensive pictures and predictions on the definition, applications and future of IoT. However, some real-life examples in this book are not well-explained and elaborated. The majority of writing is only praised on the applications of IoT while neglecting giving paradigms on how it works in simple terms. Overall, a good above-average book
February 28, 2020
Basado en el actual estado del IoT ofrece las perspectivas de esta tecnología hacia el futuro. Lo interesante del libro es que a modo de manual, explica cómo implementar y rentabilizar el IoT en los diferentes procesos de cualquier de negocio. Lo malo es que divaga demasiado en las mismas ideas y que todo el contenido se pudo haber resumido en unas cuantas hojas.
April 21, 2017
I was disappointed in the lack of details supporting the premises. I felt that the book was not well organized, but I did learn some new concepts.
December 15, 2017
First chapter is the best overview of this new industry. Trends, challenges, possibilities. Even for people that don't need all the detail of the whole book, it's worth reading the first chapter.
January 18, 2019
a good read on general steps to apply IoT, with not much detail know-hows.
The author mainly focuses on B2B which seems to be the most practical applications of IoT to date.
The author mainly focuses on B2B which seems to be the most practical applications of IoT to date.
May 22, 2020
It's mainly a marketing book selling Cisco
December 5, 2016
Finally, we have a book that explains in clear language what the Internet of Things (IoT) is all about. We are bombarded with all sorts of hype around IoT, yet there is no practical guidelines for implementing IoT and explaining how to turn it into real, measurable value that saves dollars and delivers profits. Even those of us like me who work in the world of IoT-driven innovation can learn a lot from real examples, advice and insights from this book.
The book provides overview about IoT , as well as successful case studies and step-by-step implementation plans, so that anyone inside and outside the industry can gain valuable knowledge and tips on being prepared and ultimately benefiting from this massive disruption that is transforming the business..
What I found particularly useful is the book’s comprehensive approach on how to fully embrace IoT. The author has that rare capability to explain not only the technology, the integrated solutions and the business value, but also the cultural transformations that must accompany the IoT projects. He explains how to operationalize and internalize IoT in organizations.
My particular passion is around how to ignite disruptive innovation by transforming cultures into startup environments and employees into entrepreneurs. That’s why I found most fascinating the chapter and references to what the author calls, “Generation IoT.” He explains that while millennials have grown up in an environment of constant change that they expect their entire lives, Generation IoT really refers to anyone of any age who welcomes change to challenge themselves, focus on their passions, and embrace open standards, open collaboration with partners, open communication and team-based ways of innovating.
As the author states, IoT is not about the technology so much as it is about people who are willing to constantly adjust to change and re-learn over and over again. These are the trailblazers I try to help nurture by empowering them to tap into their passions, form teams and co-innovate game-changing solutions that can disrupt markets, my own company (Cisco) and ourselves.
I have had the distinct pleasure and honor of working alongside the author, Maciej Kranz, for a number of years. I can attest that he is an IoT pioneer who has implemented dozens of projects in many industries before IoT became a name. He is also an innovative thinker who knows how to get things done. It’s wonderful to read about the culmination of his career to date in this illuminating book that will accelerate the new ways to improve business performance and quality of life all around us
The book provides overview about IoT , as well as successful case studies and step-by-step implementation plans, so that anyone inside and outside the industry can gain valuable knowledge and tips on being prepared and ultimately benefiting from this massive disruption that is transforming the business..
What I found particularly useful is the book’s comprehensive approach on how to fully embrace IoT. The author has that rare capability to explain not only the technology, the integrated solutions and the business value, but also the cultural transformations that must accompany the IoT projects. He explains how to operationalize and internalize IoT in organizations.
My particular passion is around how to ignite disruptive innovation by transforming cultures into startup environments and employees into entrepreneurs. That’s why I found most fascinating the chapter and references to what the author calls, “Generation IoT.” He explains that while millennials have grown up in an environment of constant change that they expect their entire lives, Generation IoT really refers to anyone of any age who welcomes change to challenge themselves, focus on their passions, and embrace open standards, open collaboration with partners, open communication and team-based ways of innovating.
As the author states, IoT is not about the technology so much as it is about people who are willing to constantly adjust to change and re-learn over and over again. These are the trailblazers I try to help nurture by empowering them to tap into their passions, form teams and co-innovate game-changing solutions that can disrupt markets, my own company (Cisco) and ourselves.
I have had the distinct pleasure and honor of working alongside the author, Maciej Kranz, for a number of years. I can attest that he is an IoT pioneer who has implemented dozens of projects in many industries before IoT became a name. He is also an innovative thinker who knows how to get things done. It’s wonderful to read about the culmination of his career to date in this illuminating book that will accelerate the new ways to improve business performance and quality of life all around us
December 6, 2016
This book is a must read if you want a better understanding of the Internet of Things. This book doesn't just help explain what IoT exactly is, it shows how it should be properly implemented today. Using concrete examples from Harley-Davidson, Ford, etc. Maciej Kranz lays out just what we should all be doing in order to make IoT a success. This is, of course, vital to someone like me that works in the IoT world, but it's equally valuable to those who don't really "get" IoT yet.
This book shows you why you need to "get" IoT, or going to "get" left behind.
This book shows you why you need to "get" IoT, or going to "get" left behind.
December 17, 2022
Nice topic but average presentation. Same ideas are repeated throughout the book, level of detail varies considerably chapter to chapter without clear connections or transitions. Would not recommend reading unless you really are into the topic.
December 15, 2019
Слишком много лозунгов, слишком мало конкретики. Но для первого знакомства с темой пойдёт.
Displaying 1 - 17 of 17 reviews