By Louis Columbus IoT is the cornerstone of many organizations’ digital transformations, enabling them to optimize existing operations and excel at creating and pursuing exciting new business models.Getty Worldwide technology spending on the Internet of Things to reach $1.2T in 2022, attaining a CAGR of 13.6% over the 2017-2022 forecast period according to IDC. IoT […]
By Alex Woodie The data we have now is huge. But size, it turns out, is a relative thing. And according to the IDC, the sum of the world’s data – the DataSphere — will grow from 33 zettabytes in 2018 to a mind-boggling 175ZB by 2025. That robust 61% compound annual growth rate for […]
by Alex Woodie Deep learning is all the rage these days, and is driving a surge in interest around artificial intelligence. However, despite the advantages that deep neural networks can bring for certain applications, the actual use cases for deep learning in the real world remain narrow, as traditional machine learning methods continue to […]
By Steven A. Cohen and Matthew W. Granade Marc Andreessen’s essay “Why Software is Eating the World” appeared in this Wall Street Journal newspaper Aug. 19, 2018. Mr. Andreessen’s analysis was prescient. The companies he identified— Netflix , Amazon, Spotify—did eat their industries. Newer software companies—Didi, Airbnb, Stripe—are also at the table, digging in. Today […]
By Rene Millman – The worldwide market for cellular Internet of Things (IoT) technologies will be worth $7.6 billion by 2026, according to a new forecast from analyst firm Persistence Market Research. The report, Cellular IoT Market – Global Industry Analysis 2013-2017 and Forecast 2018-2026, says that the market was worth $1.145 billion in 2017 and […]
By George Leopold Enterprise applications increasingly come with embedded analytics features such as data visualization tools that serve to differentiate products from each other while helping businesses hang on to customers while attracting new ones, according to a vendor study of the embedded analytics landscape. The annual survey released this week by Logi Analytics found […]
By Christina Cardoza-According to the report, the top three domains that are the highest priority for outreach and analysis in 2018 are: intelligent transportation systems, machine learning and smart robots. “These three domains are being actively deployed and have the potential to have widespread impacts on society,” the report states. With great technology comes great […]
By Miryung Kim. Not all data scientists are alike, and according to a recent analysis by researchers at UCLA and Microsoft, there are actually nine different types of data scientists. Miryung Kim, an associate professor in UCLA’s Computer Science Department, last week presented a session at the Strata Data Conference that showcased her research into […]
By Sean Kinney—Predictive maintenance brings efficiencies to aircraft, train and elevator operations. As the internet of things (IoT) drives the digital transformation of a variety of industries, predictive maintenance has emerged as a key use case. The ability to use sensor-based monitoring to identify and mitigate mechanical and other problems before they manifest allows industrial […]
The real value of loT to organizations is based on their interaction with customers, and that requires switching from a capital expenditure (CAPEX) to a primarily operating expense (OPEX) business model. Monetization based on OPEX starts by rethinking the fundamental corporate business model, regardless of industry. In the traditional way of doing business of selling […]
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