TOP TAKES is IoT Sources’ filtered content channel, bringing you the most important breaking news and notable events surrounding the Internet of Things. Today’s post originated from: Forbes.com and authored by Daniel Newman.
The IoT Will Push Us To The Edge
Gartner estimates more than 8.4 billion “Things” are on the internet today, up more than 30% from just one year ago. However, IoT alone is just the start. It isn’t so much about the things, but rather what we do with these things once they are connected and supplying us data.
Tech giants such as Microsoft, IBM, SAS and SAP are all heavily investing in Analytics, more specifically IoT Analytics as they are seeing the power of this combination in driving new business insights across a vast array of industries and applications.
Industry leaders such as Cisco and HPE have made huge hardware, software and service bets on this movement. As smart drones, autonomous vehicles, and other AI-powered smart devices seek to connect and communicate instantly via the IoT, the matter of sending data “all the way” to the cloud will become highly impractical.
Just as the amount of data produced by the IoT will force data to the edge, it will also force mobile providers to move faster than ever — toward 5G. Today much of the Gigabit LTE movement is being powered by Qualcomm Snapdragon technology, but others will certainly seek to become involved in this rapid growth market for mobile.
While its more popular cousin Bitcoin continues to blow away stock market analysts, Blockchain may finally find its place in 2018. Gartner shows that as of February this year, blockchain was the second top search term on its website, increasing 400% in just 12 months. T
AI Goes From Newbie To Mainstream
I believe we are still only at the beginning here, but we have seen the likes of IBM Watson, SAP Leonardo, Salesforce Einstein and other major software companies all launching embedded AI right into their platforms. This is a sign of what is to come
VR Goes From Hero To Zero
By using 3-D visualization, companies can better train, pitch, and envision new products — without the same expense of VR. This isn’t to say VR won’t have its day. Just not in 2018.
Failure As A Service
Failure-as-a-Service (FaaS) will provide visualization, rapid prototyping, and other fast fail methods that will help companies strategize fast for greater success. It’s a bit speculative to say it will be called “Failure-as-a-service,” but the ability to more quickly recognize when something isn’t working and move on will be a key differentiator between the winners and losers of digital transformation.
Culture Remains a Hurdle
Companies that don’t embrace agility, or fail to knock down silos, will have an even more difficult time next year. You often hear that a leopard can’t change its spots, well culture isn’t that permanent and successful transformation are nearly impossible in a resistant culture.
Digital Transformation Becomes a Must
It’s an imperative in today’s business market. Disruption will continue to be an increasingly common occurrence in the next few years, and companies unable or unprepared for those changes will quickly fall to the bottom of the pack.