Radware (NASDAQ: RDWR), a global supplier of cybersecurity and application delivery solutions, has signed a multimillion-dollar deal with a Tier-1 U.S. carrier. 
Rambus, a chip and silicon IP vendor, has announced the release of its PCI Express (PCIe) 6.0 Controller. The future of the Internet of Things is not just limited to households, IoT development has moved from pilot to production stage to drive significant business value and bring digital transformation into reality. Today, organizations are employing intelligent products and solutions to boost business efficiency, create better customer experiences, enable customization, and deliver on digital transformation like never before.
In fact, Vodafone’s Spotlight Research states that IoT has played an instrumental role in business resilience during the COVID-19 crises. The great majority of businesses (approx. 84%) said this technology had ensured business continuity in uncertain times.
This echoes that IoT is a powerful element that businesses not only need today but also in the future to respond to changing market needs and use IoT data collection to make informed business decisions.
The Internet of Things is the network of various internet-connected devices or “things†that have built in sensors, electronics, or other technology for connecting and exchanging data with other devices over the Internet. These devices range from household objects to enterprise assets, agriculture tools to manufacturing equipment, and the list goes on.
It is worth noting that the number of IoT devices is expected to reach 22 billion by 2025, up from 10 billion in 2020.
The statistics clearly show that IoT is going to become a key driver in business and customer experience strategies. The combination of sensors, communication devices, analytics, cloud and low-cost computing is going to create a mesh of interconnected solutions and products that is building a new age of automation for businesses.
As IoT development continues to evolve, businesses, whether small or large, will find new horizons to embed tech, ramp up productivity, and increase efficiency. In fact, many businesses or enterprises have started to step into the digital world with IoT. For example, General Tools, a company specialized in manufacturing a full line of precision instruments, electronics, and measurement tools, has leveraged IoT to build a ToolSmart application. This mobile app finishes customer projects with precision on time & within budget. The app enabled Bluetooth connected tools capture data and update customers about the project completion time as well as cost on the fly. This is bringing about a revolution regarding the determination of the scope of jobs.
Other industry areas adopting IoT include:
Microsoft’s annual IoT Signals report states that 94% of companies that have adopted IoT technology have started getting a return on their investments.
No doubt that IoT is providing businesses with opportunities to achieve operational efficiency, improve customer experience, and build new revenue streams.
Building end-to-end systems and a smart range of products is critical in this digital era. While there are a great number of ways for businesses to include IoT devices in their business model, there are five specific trends that are particularly appealing to a majority of companies, regardless of their industry.
Asset Tracking and Inventory Management
For businesses that face problems in inventory tracking and management, applying IoT is a real game-changer. IoT applications allow companies with warehouses and storage units to monitor and track inventory by means of some automatic control points operated by smart devices. This helps companies reduce manpower that is excessively engaged in inventory-related matter. In a similar manner, asset tracking – when done with IoT – can help businesses catch faulty assets or assets that went missing during transportation.
In addition, combining IoT products with analytics can prevent theft scenarios. For example, Amazon is using Wi-Fi Robots that scan QR codes on its wide range of products and track orders, leading to an uptick in shipping capacity.
The Forbes Insights Survey finds that business areas that have seen new avenues of growth include predictive maintenance, automatic product upgrades, and asset tracking. A suite of sensors located in production systems, assembly lines, storage units, and vehicles produces data streams that help businesses understand the patterns in which a user connects with the device. As massive amounts of data keep flowing in from data points, sensors, IoT applications, this real-time information helps companies get insight into productivity and performance standpoints. Thus, it is learning from data and its patterns which in turn helps organizations to innovate and grow.
For example, Fitbits and smart watches communicate data through sensors and provide us with the most precise information based on our needs.
As organizations are learning from a large amount of data, they can ultimately build marketing strategies on the basis of processed data to meet customer requirements. Through internet-connected devices, organizations can obtain a multi-dimensional view of customers’ preferences. After learning the preferences, they can build campaigns and customer experiences that yield results. On top of that, IoT based applications can segment customers based on data to generate customized offers to uplift customer satisfaction rate, and enhance customer experience.
For example, a company known as Big Ass Fans has built IoT based fans comprising light, speed and temperature sensors. By learning about the customer preferences, the company sets its fans’ speed and stands out from other ceiling fan brands on the market.
In the information age, businesses work on data. The more data they have, the better the insights that can be gleaned, the more informed decisions businesses can make. With IoT devices, they can obtain real-time data, which in turn helps them gain visibility into what’s happening inside. For example, retailers can obtain insight about customer behaviors and their choices and can replace inventory or stock to maximize product turnover with efficient sales monitoring in place. Also, IoT can work in sync with systems and smart cameras to prevent defects and quickly respond to the issues. For example, some airports are employing smart cameras with sensors to address issues like broken escalators, unhygienic washrooms and bottlenecks within corridors.
Enterprises are always on the lookout to achieve greater efficiency, flexibility, and productivity. The proliferation of IoT devices across various parts of the organization means digitization of process flows, which further helps reduce costs and decrease time to market. Efficiency can be realized as data flows in from sensors, is processed and then further changes are deployed without human involvement. For instance, vehicles are redirected to the most optimal route to make travel faster. Drones may be deployed over an oil field to monitor the pipelines and identify issues way before humans reach them.
For businesses, IoT is a future-proof technology that brings more opportunities to businesses in terms of optimizing their operations and increasing profits. By bringing data, intelligence, and customer experience together, it is driving digital transformation at scale for many businesses.
The post Latest and Greatest IoT Trends appeared first on SiteProNews.
Amazon Web Services (AWS) has joined the prpl Foundation's board of directors. The initiative intends to standardize cloud-based application orchestration to order to manage the life cycles of containerized software components in next-generation customer-premises-equipment (CPE) software stacks. 
Global IoT platform provider 1NCE is bringing its cloud native IoT offering closer to its clients worldwide by utilizing AWS cloud infrastructure. 
Silicon Valley company Tekion, creator of a fast cloud-native automotive retail SaaS platform, has partnered with Microsoft to provide new capabilities for automakers using Microsoft Azure. The Internet of Things (IoT) is a hot topic of conversation among those in the tech and manufacturing industries. The Internet of Things (IoT) is a hyped-up futuristic technology known for its social and technological miracles. The most recent IoT trends show that this technology has altered a number of industries.
IoT and its smart sensors have already cleared the way for automation improvements in a variety of industries, as well as increased cloud usage and the development of 5G. This article discusses some of the most important IoT developments and predictions for the year 2022.
The Internet of Things is evolving at a breakneck speed. Even the most knowledgeable specialists find it difficult to forecast the future of IoT standardisation due to the rapid advancement of the technology. According to the McKinsey Global Institute, by 2025, the Internet of Things could produce up to $11.1 trillion in economic value in a variety of contexts, including industries, cities, retail environments, and the human body.
The Internet of Things is optimizing operations for both not only individuals but businesses and enterprises. Yet, there remains a lot of opportunity for connected devices in the many different verticals of the market. Hence, deploying IoT on any scale for any business domain requires the expertise of a leading software development company including custom software development to continue to leverage new streams of revenues.
In case you are looking to scale up your business, here are some top IoT trends and predictions to watch out for 2022.
A heightened focus on security will be seen in the IoT sector. IoT network hacking is expected to become a routine occurrence by 2022, according to experts. Intruders will be prevented from causing any harm by network operators acting as cybersecurity personnel. Companies like Sierra, Wireless, and others who have been cyber-attacked in the past have implemented IoT-driven cyber technologies as a result of the recent increase in intrusions. Ericsson, Microsoft, and U-Blox, for example, have developed their own threat detection and security service technologies.
Applications in IoT networks are detected using IoT analytics and data. While transmitting large amounts of data to the network cores, these systems generate alarms. Providers and business leaders are increasingly incorporating integrated analytics into their products in order to speed up data analysis. These technologies facilitate the adoption and optimization of IoT devices, processes, applications, and infrastructure, resulting in enhanced performance as networks operate in a low-latency environment.
There are several proofs, studies, and instances of effective IoT deployment in business models that have improved the company’s performance by raising output and improving other business KPIs and objectives. Manufacturers are converting their entire business models into more inventive and productive ones with the help of automation.
With IoT, virtual and augmented reality may connect the physical and digital worlds. It opens up the possibility of using IoT data in AR and VR technology. The use of IoT in various technologies has several economic benefits, including lower costs and new and greater earnings and opportunities. Combining these technologies could help organisations teach staff about virtual prototypes of items, different types of equipment, and different business growth tactics.
For years, the healthcare industry has been experimenting with Internet of Things (IoT) technology. This sector is at the forefront of IoT adoption and innovation. IoT is used to discover many forms of equipment such as wearable sensors and gadgets, tracking, and indoor navigation technology. By connecting lighting systems to health monitors and deploying sensors, it can also improve lighting systems.
IoT technology has had a significant impact on customer service and information delivery. IoT can enhance the capabilities of CRM systems, allowing them to detect and report customer issues to businesses. These solutions also enable businesses to participate in customer discussions, resulting in increased consumer involvement and, ultimately, client retention. During the epidemic, the increased usage of IoT to enforce social distancing measures was visible.
For IoT support, blockchain is a very promising technology. By combining the two, IoT security as well as operational, compliance, and legal concerns may be met in a uniform manner. Aside from executing business logic via smart contracts, blockchain technology provides a basic foundation for smart devices to function autonomously. IoT systems that use blockchain technology will be able to register and confirm themselves against the network, as well as directly transfer data between devices.
By 2020, the Internet of Things will require millions more developers, and I’ve always said that IT is the future, and that we should recognise that on-demand software development is transforming how we do things now, along with IoT taking the centre stage as well.
With changes in consumer behaviour and the increasing availability of free internet access in our cities and towns, we will see more and more adaptations to on-demand apps. I’m talking about apps like Uber, Lyft, and other e-commerce systems that have entered the market to make our lives easier. Using them is no longer just a matter of fiddling around; we rely on them because they have come to our rescue in many ways.
Because the value and uses of IoT continue to rise, the pattern of IoT development has a lot of potential and a lot of market share. The objective is to come up with the best solutions by combining cutting-edge technology with practical knowledge, experience, and skill.
Superior enterprise solutions in all industries, increased productivity, a pleasant living standard, and lifestyles will be the result of IoT advancement as an accurate source of wide-range data.
Prepare for the impending explosion of the Internet of Things. You can be sure that IoT is bound to infiltrate businesses of any scale or a leading on demand software development company. As a result, remember that it’s better to be prepared than to be left behind by the Internet of Things train.
The post Top IoT Market Demands – Internet of Things Forecasts 2022 appeared first on SiteProNews.
Artificial Intelligence (AI) is now a part of almost every segment of the market. From advanced cybersecurity servers to video games, AI has evolved and adjusted itself into everything. Currently, IBM holds 9 percent of the AI market share globally. According to a report by Statista, by 2024, the global market of AI will touch a worth of more than half a trillion US dollars.
Now, to understand how AI is influencing the IoT industry, let’s have a look at what IoT is and how does Internet of Things work? Internet of Things (IoT) is a network of things that receive communication and react. In short, IoT enables sensors of devices like appliances or smartphones to make them work wirelessly. Modern Smart TVs, ACs, even automated vehicles are the perfect example of IoT existing in our daily lives. Today, AI is used to make these IoT devices more efficient and capable. Moving forward, let’s discuss more roles of AI in the IoT industry.
AI consumes a lot of data to execute tasks that have been assigned to it. For smart home devices, AI is useful in making them more accessible, especially in following voice commands. AI enables these devices to understand more languages, dialects, and pronunciations. It does not only make devices easier to use for users, but also expands the market for top IoT manufacturers and top IoT app development companies.
With the help of IoT sensors, AI is able to predict if there are healthcare issues slowly developing inside the human body. Devices such as Fitbands are used to collect heart rate, BPM, and more data. This data is used by AI to prepare a healthcare report that shows if the patient needs assistance or not. In many cases, AI in healthcare can be really useful to find out diseases before they become fatal.
AI, with the help of IoT, is capable of managing the cybersecurity of servers, especially if they are connected to the same environment. AI can detect anomalies in the data and stop or predict attempts of attacks to raise warnings. Moreover, cases like hardware failures are also detected by AI to ensure proper actions before they affect the server. Many modern companies are using AI along with other technologies like Blockchain to make an efficient cybersecurity system.
IoT devices can help AI in detecting safety hazards like possibilities of fire or short circuits and more. The data can be used to alert authorities and raise alarms. Moreover, devices such as CCTV cameras can also be used to detect unknown faces or forceful entries with the help of AI to ensure proper security. Institutions such as Banking can use these combinations of technologies to counter robberies, theft, and more.
The future of IoT is all about automation, where multiple devices will be connected to each other and make processes automated. In the case of operational processes, especially for manufacturing industries, AI with IoT can be really useful. It can reduce the percentage of blunders and costs involved in manual procedures. AI with IoT can automate every process starting from manufacturing to assigning to deliveries. Modern AI is capable of doing that. But in the future, AI might even grasp the automated delivery part as well.
Companies like Tesla are dedicated to making self-driven vehicles a common trend. Even though they have already developed the technology, it is still not suitable for many environments. But AI, which is already used in these vehicles, can make transportation more sustainable to make adoption of such vehicles much easier.
AI with IoT devices like sensors and cameras can help authorities in managing traffic quite easily. AI can conclude better traffic management strategies compared to human involvement to ensure that traffic is controlled smoothly. Moreover, soon AI will also have the capability to reduce the percentage of accidents that have been happening due to poor traffic management decisions.
AI is the future. Soon we will see that AI is doing more than we had imagined and IoT devices will become a bridge to that possibility. However, modern AI still requires a lot of evolution to become self-independent. Thus it will take some time. So, that is all for the role of AI in IoT. Before we end this blog, let’s have a look at a few key points from above.
Well, that’s all for the role of AI in the IoT revolution blog. Hopefully, you found this discussion interesting. Until next time, Godspeed!
The post The Role of AI in the IoT Revolution appeared first on SiteProNews.
Teradata (NYSE: TDC) has signed a three-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). 
Innovative optical and photonic products manufacturer Lumentum will acquire NeoPhotonics for $16.00 per share in cash. This represents a total equity value of approximately $918 million. 
Keysight Technologies (NYSE: KEYS) has acquired SCALABLE Network Technologies for an undisclosed sum of money. 
Silicon Valley-based tech companies Robin.io, Blue Arcus, and KloudSpot have formed a new collaboration to integrate the technologies required to provide end-to-end 4G and 5G services. 
Global data center colocation provider Digital Realty (NYSE:Â DLR) has made a strategic minority equity investment in AtlasEdge Data Centres, a European edge data center provider. 
Duration: 00:44:09 Publisher: Ingram Micro You can watch this video also at the source. 
The City of Peachtree Corners, Georgia, one of the first 5G smart cities in the U.S. powered by real-world connected infrastructure, has selected hosting provider OVHcloud’s U.S. entity for its smart city applications. 
Circular cloud and sustainable data center infrastructure provider, ITRenew, in joint cooperation with Vapor IO have announced a solution to deliver “the benefits of on-premises computing†to enterprises without requiring data centers or IT equipment on the actual premises. 
AWS IoT EduKit makes it easy for developers—from students to experienced professionals—to receive hands-on experience building end-to-end IoT applications by combining a reference hardware kit with a set of easy to follow educational tutorials and example code. In this video, get a tour of the program and hardware, and see a demo example of how […] 
Avaya has launched its Avaya OneCloud for Service Cloud on Salesforce AppExchange. Customers will be able to connect Avaya OneCloud to Salesforce Service Cloud and get “powerful†voice and AI benefits that would allow for high quality customer service experiences. 
German enterprises want to improve the agility and flexibility of their corporate networks with software-defined networking (SDN) technologies to deliver better employee and customer experiences. It’s the outcome of a new study published by global technology research and advisory firm, Information Services Group (ISG). Digital Realty has announced the deployment of Amazon Web Services (AWS) Direct Connect 100 Gbps capability at its Westin Building Exchange in Seattle and Interxion Dublin Data Center Colocation Campus in Ireland. Disclosure: We are a professional review site that receives compensation from the companies whose products we review. We are independently owned and we have spent time and effort doing our best to offer you the most relevant and accurate information. All the "customer reviews" are posted by real webmasters (hosting customers) and we're not responsable for their opinions. Purchasing any service from the hosting companies listed on our site is your solely decision.
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