The recent rise of artificial intelligence (AI)/machine learning (ML) in the cloud — and related capabilities such as predictive analytics — has started to push DevOps organizations to explore the implementation of a new data analysis model that relies on mathematical algorithms.
Data exchanges are where IoT-generated data sets are combined and then refined through data analytics, and all this information takes on real value. These exchanges are places where organizations partner to identify patterns and draw conclusions about the information or see ways they can monetize the data.
Together, telematics and IoT technologies are changing the entire landscape of the commercial transportation industry, as well as every industry that is reliant on its vehicles to do business.
AI, VR/AR and IoT all have something else in common besides their recently accelerated development– they all have the same set of dependencies: Each requires relatively sophisticated devices, excellent network connectivity and robust cloud infrastructures. And none of it works as well as it should without interconnection.
The digital manufacturing revolution is being powered by advancements such as smart manufacturing, robotics, artificial intelligence, automation and the Internet of Things (IoT). In fact, the World Economic Forum expects manufacturers to invest $267 billion in the IoT by 2020.
This year’s Pacific Telecommunications Council’s (PTC) 40th anniversary theme, “Connecting Worlds,” spoke to the global nature of communications that is launching a new decade of connections in our industry. And I’m not just talking about the physical and virtual connections that carry the massive amounts of data being transported all over the world, but the interconnection between service providers and their customers that enable private data exchange, which is essential for global digital business to flourish in the decades to come.
The insurance industry is well-known for its conservative nature, but that’s a characteristic that’s now having to evolve as the industry faces the digital age. For these reasons, trending tech topics such as artificial intelligence (AI), IoT and blockchain are rapidly becoming hot topics in these most traditional of boardrooms.
What does it mean to be connected? Is it your Smartphone in your hand? An augmented reality helmet on your head? Or the wireless sensors that surround us everywhere we go? We now have multiple ways to be plugged into both the physical and virtual worlds. But would it surprise you to know that today’s businesses that bring you the Internet of Things (IoT) technologies and those connected products, could be more connected to you as a consumer? Or to the IoT and digital supply chain partners that enable them to develop and distribute those connected devices on a worldwide basis?
The Internet of Things (IoT) is a term that’s been floating around since 1999, but for much of that time, it seemed like little more than a buzzword. Over the years, a slew of IoT products have been introduced – and a vast majority of those products failed to achieve any sort of mass adoption. People began to dismiss IoT as primarily hype.
Valued at $103 billion in the U.S., the oil and gas industry is also one of the early adopters of the Internet of Things (IoT). Oil and gas companies combine the IoT, machine learning and the cloud for greater management of remote facilities and tank collection sites so they can act in real-time as safety and regulatory issues arise.