Recent News from Connected World.
There has been a lot of talk, as of late, that the cloud has become a resource to turn to when a company needs large amounts of digital storage, constantly updated SaaS (software-as-a-service), or high-performance computing capabilities. Couple this with the expansion of AI (artificial intelligence) in applications, even smaller companies can realize the full computing power available in the cloud.
Commercial buildings are voracious consumers of energy. The buildings and building construction sectors contribute around 30% of global energy consumption and almost 40% of CO2 emissions (direct and indirect), according to the IEA. Sustainable buildings are more than trendy, they’re key to reducing humans’ carbon footprint on the planet. Building owners deploy smart building solutions and building-management systems to not only cut operations costs and comply with regulations but also to do their part in reducing carbon emissions without sacrificing occupant comfort in the process.
As 2020 kicks off a new decade, and one of the questions the tech space is asking about the years ahead is what will happen to traditional data centers? The data center market is expected to reach about $10 billion by 2023, while the global data center market could reach $174 billion by 2023, according Arizton. But what shape will the market take?
The technology to power connected cities exists today—and continued growth is predicted. Will all our cities soon be connected? Or do hurdles stand in the way? Perhaps one of the biggest challenge will be overcoming regulatory hurdles that could slow the progress down. Technavio says the autonomous bus market, as an example, will grow by 2364 units during 2020 and 2024, which is a growth rate of 32%. At the end of last year, IDTechEx also predicted that that the robotaxi services will become a $2.5 trillion market by 2040. Further, if you were at CES earlier this year, then you know intelligent transportation systems and autonomous vehicles were big trends at the show and it is a topic that has been covered in depth over on Constructech TV.
High up on companies’ list is protecting their data, privacy, physical safety, and infrastructure. This is true across the board. No matter the industry, sector, or business, any enterprise looking to develop and deploy secure, connected devices has a similar list of concerns. Microsoft’s latest answer to this need for privacy and security in IoT (Internet of Things) connected devices, Azure Sphere, is now generally available, and the timing seems right on point.
In an industry as dynamic and exciting as the IoT (Internet of Things), it can difficult to separate hype from reality. One sector that often falls victim to hype is AI (artificial intelligence). For many decades, machine intelligence and autonomous decisionmaking have grabbed ahold of people’s imaginations, simultaneously bringing about utopian and dystopian predictions for the future AI-driven world. Practically speaking, the hype surrounding AI technologies can make it tough for investors and businesses to get a handle on exactly what to expect from this growing space and how they should try to harness it. How can companies avoid getting caught up in the AI hype cycle? How can they set their AI projects up for success?
Data can help identify industrial manufacturing projects that are in the conceptual, planning, and design, or approval stages.
Vehicles are the next frontier for voice assistants. Voice-recognition technology in vehicles isn’t new. In fact, as far back as 2004, companies like IBM and Honda were developing in-vehicle voice-recognition solutions for navigation. The Honda/IBM tech came standard on certain 2005 Honda and Acura models in the U.S. and Canada. In 2020, automakers are many generations into their automotive AI (artificial intelligence) tech, and voice assistants like Apple’s Siri, Amazon Alexa, and Google Assistant are being used to complete basic tasks meant to make a drive more pleasant and convenient without taking the driver’s attention off the road. One of the latest examples is Fiat Chrysler’s Uconnect 5 announcement, which connects to Alexa’s “Home to Car” functionality and is interoperable with Apple CarPlay and Android Auto.
A new type of hotel beckons weary travelers who enjoy the connected life. The Sinclair, Autograph Collection in Fort Worth, Texas, is on the cutting edge of the hospitality space, leveraging IoT (Internet of Things) technologies in useful and creative ways to improve guests’ experience, enhance hotel management, and reduce the building’s carbon footprint. Together with technology companies like Intel, The Sinclair is reimagining the future of hotel operations and guest experiences through connected technology.
In 2019, smart speaker ownership in the U.S. surpassed 76 million, according to CIRP (Consumer Intelligence Research Partners), up from 66 million at the end of 2018.