internet of things

Why you need to know about IBM’s Elderly Care solution

IBM has recently partnered with Malteser International (a German emergency services company) to equip over 150 apartments with the IoT sensors and cognitive computing that keeps elderly citizens safe in their homes. When the sensors detect emergencies (e.g., water leakage) or abnormal behavior (door left open during normal sleeping period), emergency services are called to […]

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Which Innovations To Think About?

Our best wishes to you for the New Year as we enter 2016, which we at IBM look at as not just a new year but the start of a new era … the Cognitive Era. You will be hearing more from us on this subject as we go through the year, and I think […]

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Industry 4.0 and Risk – Part 1

We live in an age of unprecedented interconnectedness. As consumers, we are seeing and benefiting from this every day, whether it is gathering information on the most esoteric of topics, online shopping at one o’clock in the morning, or communicating instantly with friends or colleagues all over the world. But interconnectness is also changing the […]

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Random Thoughts: Insurance Geekiness

Last year, I started to put up some random links and thoughts, which will continue unregularly. Today, it’s Watson edition: A Japanese company will start selling an empathetic robot called Pepper this summer. If that wasn’t cool enough, they are adding Watson technology to enable it to learn and provide more realistic, human-like responses. Pepper […]

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Kafka, cockroaches and insurance

This is not, as some of you might be thinking, an effort to find three completely unconnected words and find a way of tying them together in a blog. Rather, the more literary amongst you, and those who perhaps do cryptic crosswords, will immediately recognise the reference to ‘Metamorphosis’, one of the more memorable words […]

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How the Internet of Things affects insurance

A few weeks ago, I met with an empowered women’s group at a major insurance company. Although many topics were discussed, almost everything came back around to how to use data. In insurance, we’ve been collecting data for years, but the Internet of Things (IoT) provides an enormous opportunity with structured and unstructured data coming from social media, user-generated data and audio, as well as information from “intelligent” things like sensors […]

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Will the Internet of Things shrink the insurance industry?

The Internet of Things (IoT) will rapidly become a HUGE challenge for insurers. The total market for wearable wireless devices in sports and healthcare will grow to 169.5 million devices in 2017, up from 20.77 million in 2011, a CAGR of 41% over six years. By next year, it is expected that 1 trillion devices […]

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The evolution of apps – use case for insurance?

Last week, I ran across an article on Techcrunch about the new Foursquare app, Swarm[1]. If you don’t know what Swarm is, don’t worry; the part that caught my eye is this section: There’s a fundamental shift in the way that we use apps underway, and the symptoms are all over the map. From a […]

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