Palmisano noted one of the key points about Internet of Things early in his speech (link) - it puts computational power into "things no one would recognize as computers." Things like "cars, appliances, roadways and rail lines, power grids, clothes." He also mentioned processes and global supply chains, non-sexy markets that have proven to be early commercial successes for the company in Internet of Things. Finally, Palmisano pointed to implementation in "natural systems, such as agriculture and waterways."

He explained that "intelligence" can be gleaned off all of this data, "because we now have the processing power and advanced analytics to make sense of it all"
...
Another key thing to note about Internet of Things is the sheer volume of data that will flow through the Internet in the coming years. Palmisano remarked that "we are amassing an unimaginable amount of data in the world." He claimed that in three years time, IP traffic "is expected to total more than half a zettabyte" (which equals a trillion gigabytes).

He also said that "all this data is far more real-time than ever before" - which of course is another trend that ReadWriteWeb has been tracking closely.

Recent Blog Posts

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Free predictive analytics seminars - cities and dates Wed, Aug 11th 2010 1:30p Adam Gartenberg If you're interested in learning more about predictive analytics (or are already using SPSS and want in-depth information), there's a free event series kicking off next week that you should take a look at. The roadshow will be visiting 7 major US and Canadian cities over the next 30 days, and will offer tracks for those new to predictive analytics or IBM SPSS, those already using SPSS, and those using Cognos software who may be interested in learning more about the value that can be added by in [read] Keywords: ibm

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Mark Smith: IBM Advances Business Analytics and Optimization in First Year Wed, Jul 7th 2010 12:25p Adam Gartenberg Mark Smith, CEO & Executive Vice President of Research for Ventana Research, posted a summary on his Information Management blog (IBM Advances Business Analytics and Optimization in First Year) of the Business Analytics and Optimization analyst summit IBM held recently in Washington, DC. In his post, he summarizes the topics touched on by the speakers at the event, which included Rob Ashe, who spoke about IBM's software solutions for business analytics, and Michael Schroeck, who spoke on [read] Keywords: collaboration ibm notes consulting