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  • As long as data isn't misused or abused, what could be fairer than paying for products and services based on actual consumption rather than aggregate models?

  • Organizations that go to the front of the line when it comes to new technology investments are positioning themselves for market growth and company expansion, according to a survey from Harvard Business Review Analytic Services and Verizon Enterprise Solutions. The accompanying report, "The Digital Dividend: First Mover Advantage," states that most business and IT executives view technology acquisitions as growth drivers, but a significant number of them think their leadership lacks the IT vision needed to fully exploit the potential of innovation. The survey participants identified their organizations as belonging to one of three categories: pioneers (open to change and the first to move), followers (invest in tech only after others have shown the benefits) or cautious organizations (wait until technology is well-established before making purchase decisions). The follower and cautious companies often find themselves stifled on the adoption of analytics and other technology solutions due to internal cultural resistance. "New technologies can provide a genuine competitive edge, but the organization has to make the commitment to use technology to build new processes and business models," says Angelia Herrin, research and special projects editor of the Harvard Business Review. "Companies need to become more flexible in terms of technology implementation and make innovation part of their culture in order to realize the real business value." More than 670 global business and technology leaders took part in the research.

  • Telematics helps firms that can get value from monitoring, predicting and facilitating consumer behavior in real time via geospatial or motion-oriented data.

  • Hype doesn't necessarily mean that a concept isn't valid—or that it won't have a significant impact and provide value to business at some point in the future.

  • The Internet of things is here, and IT must understand how to deploy the IoT effectively in order to prepare for the next phase of enterprise connectivity.

  • Over the last few years, the Internet of things has evolved from an intriguing concept into an increasingly sophisticated network of devices and machines. As more and more "things" get connected to the Internet—from Fitbit activity monitors and home lighting systems to industrial machines and aircraft—the stakes grow exponentially larger. Cisco Systems estimates that approximately 12.1 billion Internet-connected devices were in use in April 2014, and that figure is expected to zoom to above 50 billion by 2020. The networking firm also notes that about 100 things currently connect to the Internet every second, and the number is expected to reach 250 per second by 2020. Eventually, the IoT will encompass about 99 percent of all objects, which currently totals approximately 1.5 trillion things. "The IoT holds potential for disruptive change," says Gilad Meiri, CEO of tech startup Neura. "The evolution of the technology will likely be faster than the Internet." Following is a brief timeline  of important IoT events.