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Software..to..aggregate..and..analyze..data,..as..well..as..graphic..display..techniques,..must..improve..to..the..point..where..huge..volumes..of..data..can..be..absorbed..by..human..decision..makers..or..synthesized..to..guide..automated..systems..more..appropriatelyWhat’s...revolutionary...in...all...this...is...that...these...physical...information...systems...are...now...beginning...to...be...deployed,...and...some...of...them...even...work...largely...without...human...interventionOptimized....resource....consumption....Networked....sensors....and....automated....feedback....mechanisms....can....change....usage....patterns....for....scarce....resources,....including....energy....and....water,....often....by....enabling....more....dynamic....pricingThe...authors...wish...to...thank...their...McKinsey...colleagues...Naveen...Sastry,...James...Manyika,...and...Jacques...Bughin...for...their...substantial...contributions...to...this...articleArticle....-....McKinsey....Quarterly....A....smart....home....is....where....the....bot....is....January....2017....–....Within....a....decade,....our....living....spaces....will....be....enhanced....by....a....host....of....new....devices....and....technologies,....performing....a....range....of....householdHere’s..howCreate...a...profile...Heres....what....companies....need....to....know....about....new....opportunities

OK..Connect....with....our....Internet....of....Things....experts....Contact....Most....Popular....Interactive....-....McKinsey....Quarterly....Five....Fifty:....The....digital....effect....What....does....the....digitization....of....industries....mean....for....future....revenue....and....profit....growth?....Report....Remaking....the....bank....for....an....ecosystem....world....Interactive....-....McKinsey....Quarterly....Five....Fifty:....Becoming....CEO....Interactive....-....McKinsey....Quarterly....Five....Fifty:....Going....long....Article....What....shoppers....really....want....from....personalized....marketing....Article....Ten....trends....redefining....enterprise....IT....infrastructure....Sign....in....Please....sign....in....to....print....or....download....this....articleMcKinsey....Academy....Our....learning....programs....help....organizations....accelerate....growth....by....unlocking....their....people’s....potentialMcKinsey..uses..cookies..to..improve..site..functionality,..provide..you..with..a..better..browsing..experience,..and..to..enable..our..partners..to..advertise..to..youClosing....the....loop....from....data....to....automated....applications....can....raise....productivity,....as....systems....that....adjust....automatically....to....complex....situations....make....many....human....interventions....unnecessary

Read..our..featured..insights..Locations..Careers..Careers..Home..Search..Jobs..Explore..Our..People..Interviewing..Students..Experienced..Professionals..About..Us..About..Us..Overview..Social..impact..Media..Center..Alumni..New..at..McKinsey..Blog..Featured..New..Ventures..Our..team..of..2000+..innovators..bring..new..ideas,..solutions,..and..services..to..our..clientsThe...technology...requirements—tremendous...storage...and...computing...resources...linked...with...advanced...software...systems...that...generate...a...variety...of...graphical...displays...for...analyzing...data—rise...accordinglyWhen..a..customer’s..buying..preferences..are..sensed..in..real..time..at..a..specific..location,..dynamic..pricing..may..increase..the..odds..of..a..purchaseNow...is...the...time...for...executives...across...all...industries...to...structure...their...thoughts...about...the...potential...impact...and...opportunities...likely...to...emerge...from...the...Internet...of...ThingsFor...leaders,...that...transformation

Logistics...managers...for...airlines...and...trucking...lines...already...are...tapping...some...early...capabilities...to...get...up-to-the-second...knowledge...of...weather...conditions,...traffic...patterns,...and...vehicle...locationsIn....the....business-to-business....marketplace,....one....well-known....application....of....the....Internet....of....Things....involves....using....sensors....to....track....RFID....(radio-frequency....identification)....tags....placed....on....products....moving....through....supply....chains,....thus....improving....inventory....management....while....reducing....working....capital....and....logistics....costsManufacturers...of...jet...engines...retain...ownership...of...their...products...while...charging...airlines...for...the...amount...of...thrust...usedUtilities....such....as....Enel....in....Italy....and....Pacific....Gas....and....Electric....(PG&E)....in....the....United....States,....for....example,....are....deploying....“smart”....meters....that....provide....residential....and....industrial....customers....with....visual....displays....showing....energy....usage....and....the....real-time....costs....of....providing....itThis...improved...instrumentation,...multiplied...hundreds...of...times...during...an...entire...process,...allows...for...major...reductions...in...waste,...energy...costs,...and...human...interventionAs...for...retailing,...some...companies...are...studying...ways...to...gather...and...process...data...from...thousands...of...shoppers...as...they...journey...through...storesCertain...basic...applications,...such...as...automatic...braking...systems,...are...available...in...high-end...autos.Advances....in....wireless....networking....technology....and....the....greater....standardization....of....communications....protocols....make....it....possible....to....collect....data....from....these....sensors....almost....anywhere....at....any....timeDetailed...information...on...the...use...of...cookies...on...this...Site,...and...how...you...can...decline...them,...is...provided...in...our...cookie...policy 68ab3a233e
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