The first part – Precision: Principles and Practices – introduces a vendor-neutral, acronym-free framework. Dr. Chou then discusses the framework’s fundamental principles and these principles put into practice.
The second part – Precision: Solutions – puts Dr. Chou’s IoT framework into practice highlighting 14 real world solutions for manufacturers who are building precision machines and companies utilizing these machines to receive precision enhanced business outcomes. Case studies discussed span a number of industries such as power, water, healthcare, transportation, oil & gas, construction, agriculture, gene sequencers and mining.
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Figuring out how to best capitalize on the Industrial Internet can be daunting and confusing. Here in Precision, Dr. Chou is helping to demystify the processes behind getting better outcomes from assets of any kind – machines, real estate, people, factories, etc.; from the initial setup of an organization’s IOT framework to defining the principles behind the operations and on to examples and best practices. With a proven case study approach, Timothy has gathered the right examples to help leaders grasp what they need to do and how to do it.
William Ruh, Chief Digital Office, General Electric
The promise of the Internet of Things isn't delivered by connected devices or machines. The promise is in the data that they generate and the insight that can be mined from it. Dr. Chou's IoT Framework presents an excellent roadmap for enterprises struggling to transition the IoT promise to realized value.
Dr. James Goodnight, CEO, SAS
Precision is an accurate, insightful presentation of the complex challenges facing data scientists, technologists and businesspeople who are solving some of the world's biggest operational challenges through the Internet of Things, machine-generated big data and machine learning. If you want to go beyond the hype and really understand what the Internet of Things is today, what it could become tomorrow, and how you can gain value from it, Precision should be in your library.
Godfrey Sullivan, Chairman, Splunk
As an investor and business manager I find Tim Chou’s books uniquely informative, clear and timely. Tim identifies important technologies early in their emergence. His clear explanations dispel the fog of jargon and hype. He provides cogent examples of companies implementing IoT to solve genuine business problems and of companies building IoT solutions for profit. His books should be essential reading for any business person touched by technology. Which is everyone.
Mick Hellman Founder and Managing Partner, HMI Capital, LLC