Lone Star Expands IoT Value Creation Training

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Recycled consumer ideas from the internet of people, or consumer IoT one of the seven deadly sins for IIoT

DALLAS February 11, 2018

Lone Star Analysis expanded the range of workshops for IoT value creation in January.

“Our customers are asking for a wider range of experiences as they explore Internet of Things value creation,” said Matthew Bowers, Lone Star’s Chief Development Officer. “Customers are telling us horror stories about Industrial IoT trials and studies done with other firms. Because industrial IoT involves working across corporate silos and across the value chain our customers value a structured approach for finding value creation and setting goals.”

One innovative approach to IIoT is to involve several corporate functions, customers, and suppliers in a single workshop. The inclusive approach helps to rapidly discover win-win opportunities.

“We originally offered one version of the workshop,” said John Volpi, Lone Star’s Chief Technology Officer. “Now we have three versions, and I expect we’ll add more. There is a real demand for an approach based on business and technology discipline, rather than magical thinking. Executives understand they must adopt this powerful new IoT technology, but many have been burned by expensive, ill-conceived hype.”

Lone Star’s workshops feature hands on exploration of important IoT principles. For IIoT there are important distinctions which separate industrial applications from consumer approaches. “Recycled consumer ideas from the internet of people, or consumer IoT one of the seven deadly sins for IIoT,” Bowers said.

About Lone Star Analysis

Lone Star Analysis enables customers to make insightful decisions faster than their competitors. We are a predictive guide bridging the gap between data and action. Prescient insights support confident decisions for customers in Oil & Gas, Transportation & Logistics, Industrial Products & Services, Aerospace & Defense, and the Public Sector.

Lone Star delivers fast time to value supporting customers planning and on-going management needs. Utilizing our TruNavigator® software platform, Lone Star brings proven modeling tools and analysis that improve customers top line, by winning more business, and improve the bottom line, by quickly enabling operational efficiency, cost reduction, and performance improvement. Our trusted AnalyticsOSSM software solutions support our customers’ real-time predictive analytics needs when continuous operational performance optimization, cost minimization, safety improvement, and risk reduction are important.

Headquartered in Dallas, Texas, Lone Star is found on the web at http://www.Lone-Star.com

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About the Author: Sarah Tulowitzki

Sarah Tulowitzki is a financial reporter, focusing on technology, national security, and policing. Before joining Canadian Business Tribune she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.

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