The Internet of Things
The Internet of Things (IoT) is the network of physical devices, vehicles, buildings and other items—embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data. The IoT allows objects to be sensed and controlled remotely across existing network infrastructure, creating opportunities for more direct integration of the physical world into computer-based systems, and resulting in improved efficiency, accuracy and economic benefit. When IoT is augmented with sensors and actuators, the technology becomes an instance of the more general class of cyber-physical systems, which also encompasses technologies such as smart grids, smart homes, intelligent transportation and smart cities. Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure. Analysts estimate that the IoT will grow to almost 50 billion Internet-enabled objects by 2020.
The IoT mega trend is expected to be akin to the Industrial Revolution as 99% of the planet’s inanimate objects and machines become connected to the Internet. IDC forecasts that 28 billion connected devices are expected to be deployed by 2020, ranging from wearables on the body, cars to machine-to-machine (M2M). The Internet of Things will disrupt every industry. New capabilities, processes, and analytics will force old and new industries to transform or risk becoming obsolete.
From wearables that promote better health; building and home automation that address HVAC, security, lighting, entertainment, appliances and assisted living; manufacturing applications that monitor machinery, connect factories and optimize supply chains; to resources such as smart electricity grids and electric vehicle infrastructure, we are seeing major transformations across industries across the globe.
The Internet of Things Verticals
- Industrial Internet of Things
- Smart Cities
- Smart Buildings
- Connected Homes
- Driverless Cars
- Oil & Gas
- Medical Devices
- Luxury & Fashion
- Sports & High Performance
- Augmented/ Virtual/ Mixed Reality
- Advertising & Marketing
How We Can Help
Companies are recognizing IoT as a driver of incremental or new revenue streams from new products and services. However, in the current nascent stage, the IoT landscape is fraught with risks and uncertainties, ranging from but not limited to interoperability, batteries, privacy, security to public awareness and demand. Overbuilding, building too early or building for the wrong market can all mean financial failures.
Amyx+ can help assess your organization’s core competencies and competitive advantages that uniquely positions you to compete better in a specific vertical. Then leveraging your core, we work alongside you, from market research, ideation, prototype, market validation to product development, to ensure that when you launch your new product or service that it’s a wild success in the marketplace.
The IoT has made great strides in enhancing manufacturing and supply chain operations. Smart AR/VR technologies augment factory and field service workers with hands-free computing experience and allow for greater transparency in workflows. Sensors can provide a safer environment and even indicate when parts are wearing out, preventing potential accidents. AI/machine learning is helping to drive smarter, more efficient manufacturing processes. Amyx+ delivers best practices and implementation to help you to take advantage of IoT to modernize your manufacturing, supply chain and operational processes.
The IoT is more than just an initialism, it’s the future. We understand the issues facing the high tech industry and the continuous transformation required to thrive. If your company operates at the cutting edge of technology, you may find that you lack the deep IoT domain and technical expertise required to evolve your product portfolio. Partner with Amyx+ to IoT enable your technology solutions.
The financial services industry is being altered by the seismic shifts in technology. According to a recent Citigroup report, FinTech will displace 30% of banking jobs or equivalent of eliminating nearly 2 million jobs across the U.S. and Europe over the next decade. Banks and insurance companies are at a tipping point with technology. They are under enormous pressure to return to pre-financial crisis profit levels but have struggled to grow their revenues. Cost cutting, efficiency and innovation through technology is the only viable path to profit expansion. Yet they struggle with organic innovation and time-to-benefit. This is where Amyx+ can serve as your innovation lab partner to create new opportunities in FinTech, from peer-to-peer payments and lending, advanced analytics for insights into creditworthiness, new business models for insurance to blockchain to create powerful solutions for trustless, real-time transactions and increased consumer privacy.
Implement proven strategies and technology solutions for successful public governance. By leveraging new business models, innovative capabilities and the wealth of data available, you can create a robust and efficient public infrastructure, ensure safety and security, support the needs of individuals, facilitate sustainable economic growth, and build stronger communities. Amyx+ is active in large-scale smart city and open data implementations around the globe.
Leverage our deep automotive industry expertise and solution portfolio to develop intelligent, sustainable vehicles, expand service opportunities to exploit increasing vehicle connectivity, deliver personal and immersive customer experiences, and predict and avert manufacturing and supply chain disruptions.
Deliver a differentiated brand experience, strengthen life-long relationships with consumers, tighten collaboration with channel partners, improve supply chain efficiency, and reinvent processes and accelerate organizational agility and performance through IoT enablement.
Transform your retail and digital business with engaging brand experiences that strengthen your customer relationships, drive profitable growth and build competitive advantage using advancement in the Internet of Things to deliver real-time decision-support and deeper understanding of your customers.
Transform your business to operate with a lean and agile cost model, maximize your network capacity, and monetize a new generation of network-based services all while delivering a consistently high-quality customer experience. Moreover, Amyx+ can help your firm explore new disruptive technologies in peer-to-peer, wireless mesh networks that will augment and in some cases take market share away from your current lucrative business.
Chemicals and Petroleum
Leverage proven solutions complemented by Amyx+ research and services to attain new levels of production reliability, manufacturing efficiency, safety and compliance, and business performance through IoT enablement.
Energy & Utilties
Discover how Amyx+ can help you improve operational efficiency and reliability, increase revenue, reduce costs and increase customer satisfaction, including engaging customers as individuals and innovating business processes through the Internet of Things.
It’s no secret that the healthcare industry is undergoing transformation. From digitizing patient records to managing new government regulations, healthcare facilities are facing challenges that require the most agile technological solutions. Healthcare providers can benefit from using the IoT to improve patient care, while taking advantage of proprietary algorithms to help identify patterns in clinical data. Being in compliance with government rules and providing the necessary security safeguards for all facility, patient, and clinical data all require a strong approach to security. Transform your organization’s value with access to new and unprecedented amounts of data – across populations and at the level of the individual – for deeper insight, personalization and earlier interventions through the Internet of Things.
Our solutions and consulting for life sciences organizations can help you improve clinical development processes, act on insights to drive growth, and enhance relationships across the ecosystem through advanced AI/machine learning data analytics and continuous data collection through IoT devices.
Business Strategy and Portfolio Management: Assessing the corporate portfolio of business units and product portfolio and developing strategies to maximize advantage, growth, and value creation.
Strategic Planning: Fine-tuning, supplementing, or entirely redesigning planning approaches for greater effectiveness and agility and tighter linkages with business and financial plans. Applying new lenses, tools, and frameworks from the emerging frontiers of strategy to help clients enhance their advantage today.
Go-To-Market Strategy: When companies “go to market,” they bring together all the commercial functions—sales, marketing, brand management, pricing, and consumer insight—to drive the bottom line. This raises a set of key challenges, and companies face critical questions. Amyx+ uses an integrated approach to help clients improve their commercial activities and achieve competitive advantage. We work with companies to assess the effectiveness of their current marketing and sales capabilities and identify the areas most in need of attention.
Amyx+ turn data into actionable insights and improved performance. We identify the highest-value opportunities, source the most relevant internal and external data, apply world-class analytics and modeling, and drive adoption throughout the organization.
Achieving impact from advanced analytics may start with data, but it must be matched with deep understanding of industry dynamics and functional best practices. Only then is it possible to answer the question: what are the biggest opportunities for my organization to use data to create value?
Our partner team of analytics experts includes analysts, data scientists, and data architects, nearly all with advanced degrees in their fields. This experienced team has expertise across core service areas ranging from marketing mix modeling to supply chain network optimization.
This analytics expertise—combined with rigorous problem solving and creative data sourcing—allows us to develop consistently high-performing models.
Once models have been refined and tested, we work with clients to embed analytics into management and decision processes. We define and create metrics to track progress. If required, our data visualization specialists, application designers, and engineers work in rapid development cycles to create custom dashboards and tools that encourage end-user adoption.
Artificial Intelligence and Machine Learning
At Amyx+, we believe that artificial intelligence (AI) and machine learning are indispensable tools for insights and product services and offerings with a defensible strategy.
Artificial Intelligence: The field of artificial intelligence is the study and design of intelligent agents able to perform tasks that require human intelligence, such as visual perception, speech recognition, and decision-making. In order to pass the Turing test, intelligence must be able to reason, represent knowledge, plan, learn, communicate in natural language and integrate all these skills towards a common goal.
Machine Learning: The subfield of machine learning grew out of the effort of building artificial intelligence. Under the “learning” trait of AI, machine learning is the subfield that learns and adapts automatically through experience. It focuses on prediction, based on known properties learned from the training data. The origin of machine learning can be traced back to the development of neural network model and later to the decision tree method. Supervised and unsupervised learning algorithms are used to predict the outcome based on the data.
From Apple’s Siri, Google Voice Search, Google Brain, Google Translate, Xbox, Netflix, IBM’s Watson, autonomous cars, email spam filtering to credit card fraud detection, AI has already infiltrated into nearly aspect of our daily lives… and our dependence on it is only growing.
So how can AI and machine learning be applied to the Internet of Things?
We help you develop a playbook for integrating artificial intelligence and machine learning as a core product strategy. We equip you with the knowledge and a team of AI experts to apply the scale and power of machine learning into your products and services.
Decentralized Computing & Networking
The Internet of Things will usher a new era of edge computing. There are two key drivers for the decentralization. The first is the need for real-time processing. The second driver is related to AI/machine learning and the creation of a neural network on the edge.
Decentralization coupled with intelligent computing will have an impact on every industry, including insurance, banking, and mining, as well as governments and organizations. Amyx+ has an intimate understanding of what is driving this change and the possible impact to your industry and firm.
Edge computing (sometimes referred to as fog computing) involves pushing data storage and processing to the “edges”, or remote parts, of a network. It allows for actions to be taken on-site, at the point of processing. Right now data is focused in the hands of the few. Networks are largely centralized, with data moving from the edges of a network to a center, often a cloud server. Companies and organizations collect and store data—even data that may have little value to them. As consumers have become more tech-savvy, they have begun to demand greater data privacy and control (European regulators have moved swiftly to address concerns through General Data Protection Regulation). Decentralization can offer consumers what they want: control over their own private information, a safe way to manage that information, and a secure way to interact with others. Not only will it improve privacy and security, but it will also cause a significant disruption in industries and business models.
Amyx+ has a proven track record of developing advanced P2P mesh network, standards and protocols, and security and privacy solutions unique to edge-to-edge computing.
Amyx+ combines strategic thinking and technology expertise to deliver accelerated outcomes. We help clients separate digital opportunity from hype. We build business prototypes to prove that opportunities are real. We orchestrate delivery to ensure that technology investment translates into business outcomes. We build capabilities across the organization.
We work with clients to help them move beyond recommendations and pilots—to achieve long-term improvement and measurable, bottom-line results. We help strengthen and align leadership, transform processes, optimize management practices, and in particular, build new capabilities.
Digital Strategy: We help clients pinpoint the value that today’s digital technologies can create, prioritize the initiatives to capture it, and align their organizations to deliver results.
Innovation Lab: We build rapid prototypes, mobile apps, and cloud services to help turn aspirations and recommendations into working realities.
Product Development: We translate strategies into product requirements and architect the best-in-class solutions. For hardware, we collaborate with our Design for Manufacturing partners to bring hardware products to mass market.
Data Analytics: We develop AI/ machine learning-based data analytics to help clients derive actionable insights to optimize their sales, marketing, customer service, manufacturing, operations, supply chain, and financial management.
Process Automation: We work with clients to transform and digitize end-to-end processes, moving from aspiration to prototype to scale in as little several months.
IoT Business Transformation | Strategy | Innovation | Product | Data Analytics
- Voted Top IoT Influencer by Skyhook
- Voted Top IoT Rockstar by HP Enterprise
- Voted Top IoT Influencer by Inc. Magazine
- Voted Top in the Business of IoT by Relayr
- Voted Top Global IoT Expert by Postscapes
- Voted Top IoT Authority by the Internet of Things Institute
- Featured as a Top Internet of Things Company by Postscapes
- Voted Most Influential in Smart Cities and IIoT by Right Relevance
- Winner of the Cloud & DevOps World Award for Most Innovative Vendor
Amyx+ is an award-winning IoT business transformation firm specializing in IoT strategy, innovation & product development. As a thought leader in the Internet of Things, Amyx+ has the creative horsepower and the development prowess to execute even the most complex client engagements.
Amyx+ is working with international and multinational enterprises to help 1) understand the impact of IoT disruptions, 2) formulate and sharpen their IoT strategy, 3) quantify the business case, 4) experiment, learn, validate, 5) develop game changing technologies, and 6) launch innovative IoT products and services worldwide.
We employ a flexible methodology and approach to fit the client and needs & objectives while adapting to changing IoT environments. We have presence in San Francisco, NYC, and throughout Europe.