Cognitive technologies like machine learning and AI (artificial intelligence) certainly have proven to be an important part of the IoT (Internet of Things) sector because they can help make products and services smarter and, therefore, more valuable.
It’s 2019 and it’s time to delve right into the emerging technologies that are impacting the IoT (Internet of Things) in a big way: cybersecurity and legislation, 5G, and digital twins. But, more importantly, in this column, we will take a deeper look at some overarching trends that are being impacted in the IoT space.
With the New Year comes many new challenges and many opportunities for the IoT (Internet of Things). There is no question that 2019 can be seen as the year of innovation, led by a world of 5G.
It’s fair to say the world’s economy is being altered as a result of startups that are discovering new and exciting ways to innovate with the IoT (Internet of Things) and digital transformation. We are seeing it every day in the form of new and exciting new products, processes, and business. In fact, who really knows what could happen when you work hard and put your mind to creating something truly special?
The IoT (Internet of Things) is really growing. It is contributing the greater good. As one example, think about how the IoT is helping to create smarter cities. Smart cities contribute to a cleaner environment. They make it easier for people to get to work or school. And smart cities can support job creation and a healthy economy. IoT technology is also improving how we all get from point A to point B.
My concerns about the skilled workforce are pragmatic as well as principled. And here’s why. As an industry, we have an incredible obligation to build a road from the classroom to the workplace so the necessary skillfulness is taught to the next generation.
BI, or business intelligence, is changing, as a result of the IoT (Internet of Things). Data is a new kind of currency in today’s connected world, and it seems like just about everything we do in life and business generates data and it’s not just humans that are generating data. We are seeing all kinds of connected machines and smart devices generate unfathomable amounts of information every minute of every day.
Advances in AI (artificial intelligence) is having a profound impact on the IoT (Internet of Things) and it’s one of the most exciting ways our world is changing today. It’s frequently listed as one of the top areas of growth and innovation. We are all witnessing a historical shift in how we view machines, how we rely on them to complete tasks, and how we derive value from AI-enabled insights.
The challenges and opportunities for digital supply chains are vast and that is why the IoT (Internet of Things) and AI (artificial intelligence) is stepping up to play an even greater role than ever before. It wasn’t that long ago when the supply chain wasn’t a priority when it came to capital investments. And, supply-chain executives themselves were considered as nothing more as a support function.
There is a lot of discussion about how AI (artificial intelligence) is impacting supply chains and with good reason. So for this column, I thought I would focus specifically on the retail sector, and take a deeper dive into how emerging technologies like AR (augmented reality) and VR (virtual reality) are playing a key role at both frontend and backend processes.