The Internet of Things 2018
The Internet of Things (IoT) is transforming what a typical day looks like for most employees in most companies. The technologies involved in IoT are evolving quickly, whether it’s the rapid rise of voice assistants in the consumer space, or growth of AI-powered analytics platforms for the corporate world. The number of connected devices is set to surpass 11 billion in 2018, and that figure does not include phones and computers. This increasing number means artificial intelligence, which means a deep learning, natural language processing, image recognition and neural-network driven decision-making, will help all these devices understand each other, and us.
Today, IoT-enabled business processes primarily occur in on-premises data centers or in the cloud. 2018 should bring about significant momentum among organizations deploying business processes requiring local data analysis close to the connected devices that enable these processes. The edge IoT devices can act locally based on data they generate, as well as take advantage of the cloud for security, scalability, configuration, deployment, and management.
One trend that seems to be inevitable in 2018 is IoT platform offerings will begin to specialize in design and operational scenarios. Product designers building IoT into products and experiences need capabilities for remote product management, monitoring, and control. Organizations need their software to integrate their diverse set of IoT-enabled business assets into cohesive business processes so they can focus on running the business, instead of manually managing IoT bits. They will increasingly choose IoT platforms that are built for their needs and specific business goals. It is easier to do this than to try to fit a square peg into a round hole.
We are also going to see Internet of Things platform consolidation. More organizations will push processing and analysis of data to the edge of the network in order to cut data ingestion costs and reduce network latency. It will become increasingly unacceptable for an IoT platform to only have services at the core of the network. The expense of supporting both edge and core with a consistent programming and analytical model will weed out IoT platform providers, and only the smartest will survive.
The Internet of Things is going to continue to expand and this means the Manufacturing industry is going to continue to see some really cool changes with their technology and the way they will use it to run their business. If you haven’t started preparing your network for the digital transformation that is taking place, give 2W Tech a call today to get started.
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