Data and analytics are transformational, yet many companies are capturing only a fraction of their value

Data and analytics have been changing the basis of competition in the years since our first report on big data in 2011. Leading companies are using their capabilities not only to improve their core operations but also to launch entirely new business models. The network effects of digital platforms are creating a winner-take-most dynamic in some markets. Yet while the volume of available data has grown exponentially in recent years, most companies are capturing only a fraction of the potential value in terms of revenue and profit gains.

Self-driving cars have become a popular subject of discussion these days, and for good reason: driverless cars might just bring about the biggest societal revolution since, well, the industrial revolution, and it appears that everyone’s getting in on it.

From rumors of the Apple self-driving car to real-world, driverless car applications from companies like Lyft and Uber, autonomous vehicles are poised to become a staple in our automotive industry in just a few short years.

Blockchain technology, a form of Distributed Ledger Technology, has been gaining enormous attention in areas beyond its cryptocurrency roots since more or less 2014: blockchain and the Internet of Things (IoT), blockchain and cybersecurity, blockchain and finance, blockchain and logistics, you name it. In this article we look at the IoT blockchain opportunities, evolutions and challenges.

As we wrote before it seems as if blockchain technology or, better, Distributed Ledger Technology, is about to change all aspects of digital business and according to some such as Don Tapscott, blockchain is a bigger deal than the Internet. Combine blockchain and IoT and you have two bigger deals than the Internet who need eachother for numerous reasons we explain in this IoT blockchain overview.