The Western Kentucky Risk Assistance Fund (WKRAF) - view

Post

Internet of Things, Business Edition

Hilbert_InfoGrowth

It’s no secret that the Internet of Things has arrived. With the ability to monitor and then fine-tune commercial jet engines an airline can save money on fuel and maintenance, as the author of “Here Comes the Industrial Internet” and editor at VentureBeat, Dylan Tweney, points out.

Think for a moment about the sheer volume of collected data.

GE estimates there will be 50 billion devices attached to the Internet by 2020.

These devices will mostly be invisible. They won’t inspire page after page of glowing commentary from Internet pundits in high-profile tech news sites. But they will make an enormous difference to the way industry works in the modern world.

So who will help industry make sense of the exabytes of industrial data?  That sounds like a business opportunity.

Image: “Hilbert InfoGrowth” by MyworkforwikiOwn work. Licensed under CC BY-SA 3.0 via Wikimedia Commons.

KY Innovation News and Events

Events

View upcoming events through KYINNO!.
View Events
Events

America’s Seed Fund: 40 Years of Seeding the Future

Known as America's Seed Fund, the Small Business Innovation Research…

Read More
News

Kentucky SBIR match recipient Hummingbird Nano is advancing molding technology

Nicholasville-based Hummingbird Nano has utilized the federal Small Business Innovation…

Read More
News

Connect with KY Innovation

Kentucky is home to a deeply connected network of resources.
Find out what our statewide entrepreneurial ecosystem has to offer.


Submit