I can remember back in the 90s when assisting Orange in the recruitment of their launch marketing team being faced with job title Product Manager – VANS. Was this something that involved products for this segment of the commercial vehicle market? No, VANS stood for Value Added Network Services. What were they I asked …..text messaging I was told was one such service. As they say the rest is history!!!
In 2016 I was asked by one client to find a General Manager – Digital. What were the specific experience criteria candidates required? An understanding of Big Data and IoT. What was IoT? As I have gone on to learn more about this whole area of technology I must admit to being fascinated and thought this extract from a recent paper I reviewed would be of interest.
Internet of Things (IoT) is changing the world around us. This may look like a bold statement to many, but that’s the truth. From elevators to planes, there will be 30 billion connected devices in the next three years. Clearly, IoT is moving fast, and tech giants are taking bold measures to constantly push the boundaries of what can be achieved with the IoT.
The recent Genius of Things Summit that was organised in Munich, Germany was a demonstration of how IBM’s unrivalled IoT ecosystem is changing the way we live, work, and play.
Here are a few notable developments quoted that particularly caught my interest.
The ultimate objective of cognitive commerce is to offer a truly personalized service to customers based on their precise preferences. To achieve this, a wide spectrum of technologies is used, from speech recognition to machine learning.
Visa is working in collaboration with IBM to offer its customers the flexibility to make payments from any IoT connected device. This, in turn, will eliminate the need to carry sensitive financial information embossed on payment cards, thereby making the customer journey simpler, easier, and more secure.
As the name implies, predictive technology analyses the data collected using sensors to predict the maintenance needs of an asset. This, in turn, improves asset availability, reduces maintenance costs, and improved customer satisfaction.
SNCF, which is a leading freight and passenger transport service, has collaborated with IBM to connect its entire rail system to the IoT ecosystem. Using the data collected from sensors, SNCF will be able to predict repair and maintenance needs of its trains and tracks, improve the security and availability of its assets, and reduce the downtimes associated with unexpected downtimes.
While the Internet of Things (IoT) has the power to change our world, we are still at the beginning of the transformational journey that will revolutionise the way we live and work for the better. In the next few years, we can expect to see incredible advancements being made by tech giants, such as IBM and other companies.
I will be keeping a watchful eye on developments in IOT that may impact on the recruitment sector against a background of knowing those who have IoT anywhere on their CV will certainly be able to command an upper quartile salary!!!