Embracing the Future: A Journey Through AI and IoT Integration

In a rapidly advancing technological landscape, the synergy between Artificial Intelligence (AI) and the Internet of Things (IoT) has become THE promoter of unprecedented innovations. These smart devices can communicate with each other, analyze vast amounts of data, and make intelligent decisions without any human intervention. This remarkable integration of AI and IoT is transforming industries across the globe, revolutionizing how we live, work, and interact with technology. Let’s see how this dynamic duo is going to be shaping our digital tomorrow.

 

The Origin of AI and Its Integration with IoT

 

The inception of AI dates to the roots of computation, but its true potential unfolded as it became the backbone of the IoT. AI, with its cognitive abilities, found a natural companion in IoT, a network of interconnected devices exchanging data seamlessly. The journey begins with the emergence of smart devices, laying the foundation for AI-IoT convergence. These intelligent gadgets, equipped with sensors and actuators, paved the way for the symbiotic relationship we witness today.

 

This was followed by the proliferation of data, that became the heartbeat of AI in IoT. Massive datasets generated by interconnected devices became the fuel for machine learning algorithms, enabling them to evolve and adapt autonomously. As IoT devices continuously generated data, AI algorithms embarked on a learning curve. The ability to recognize patterns, make predictions, and adapt based on real-time data turned AI into a dynamic force within the IoT ecosystem. With AI algorithms analyzing real-time data from IoT sensors, organizations gain valuable insights that allow them to inform on strategic choices. For example, in agriculture, farmers can use AI-powered analytics to optimize irrigation schedules based on soil moisture readings collected by IoT devices. This leads to more efficient water usage and higher crop yields.

 

Another benefit of this duo is enhanced automation. By integrating AI with IoT devices, repetitive tasks are automated, freeing up human resources for more complex and creative work. In manufacturing settings, intelligent robots equipped with IoT sensors monitor equipment performance in real-time and predict maintenance needs before breakdowns occur. This proactive approach is not only minimizing downtime but also maximizing operational efficiency.

 

The Future of AI and IoT: Predictions and Potential Impact

 

As we look ahead, the future of AI and IoT integration holds immense promise. The potential impact across industries is staggering, with advancements set to transform our lives in ways we can only imagine. The global AI in IoT market size was valued at USD 6074.3 million in 2022 and is expected to expand at a CAGR of 16.47% during the forecast period, reaching USD 15159.58 million by 2028.

 

One prediction for the future is that AI-powered devices will become even smarter and more autonomous. Imagine a world where your home appliances not only connect to the internet but also can learn from your preferences and adapt accordingly. Your refrigerator could order groceries when it senses you’re running low on essentials, or your thermostat could adjust itself based on weather forecasts.

 

In healthcare, AI integrated with IoT devices could revolutionize patient monitoring. Wearable sensors could collect real-time health data, which would be analyzed by intelligent algorithms to detect early warning signs of diseases or emergencies. This proactive approach has the potential to save countless lives.

 

Another area where AI and IoT are expected to make waves is transportation. With self-driving cars already gaining traction, experts predict that these vehicles will become commonplace in the near future. These cars will rely on real-time data collected through an interconnected network of sensors embedded in traffic lights, roads, and other vehicles.

 

AI-powered virtual assistants are also expected to play a significant role in shaping our daily routines. As technology advances further, these assistants will become more intuitive and capable of understanding complex commands. From managing our schedules to helping us navigate unfamiliar cities effortlessly – their potential is limitless.

 

However, with great power comes great responsibility. While we envision a bright future for AI and IoT integration, some challenges need addressing along the way – such as privacy concerns surrounding data collection or ensuring robust cybersecurity measures, industry leaders are actively working towards finding solutions. As technology continues to advance at an unprecedented pace, these challenges will gradually diminish.

 

The collaboration between AI and IoT has transformative potential across various sectors like healthcare, transportation, and smart homes. The possibilities seem endless as both technologies continue growing exponentially. The future holds even greater potential for AI-IoT integration. With advancements like edge computing bringing processing power closer to connected devices and 5G networks enabling faster data transmission rates, we can expect more intelligent systems capable of making split-second decisions on their own.

 

 

Covid19: Things We’ve Learned About #CloudComputing, So Far

 

Things We've Learned About #CloudComputing, So Far

In a remarkably short period of time, cloud computing has moved from a marginal to a fundamental element of IT operations. Thus, in just ten years, CIOs were presented with an opportunity to break the rules and create a new model for the implementation of IT. IDC forecasted cloud infrastructure spending to grow 12.9% to $74.6 billion for 2021 and Gartner expects the cloud computing industry to grow a trillion-dollar value in 2022. While cloud computing is essential in the IT strategy, it’s good to highlight where the cloud has brought benefits and in which areas companies still have to improve.

Let’s find below which strategies are working and where there is still work to be done.

 

The practice of cloud computing to bridge gaps in services

Cloud computing should be seen as a form of flexible outsourcing. It is only one vector among others for the provision of services. In computing on demand, what matters is how the company subscribes to services and benefits, not how they are delivered.

Cloud computing has the advantage of offering a very different model from the traditional ways of purchasing enterprise computing, where an ISD would acquire hardware and software for a specific location. This may be appropriate for services limited to a regional market but can encounter problems of latency at the global level. This can be very problematic, especially if you are managing IT for a highly transactional business such as a financial institution, or if you ship large amounts of data. The cloud enables CIOs to ease these performance issues by purchasing on-demand computing to create omnipresent service delivery.

You can rely on the third party to provide the diverse service you need, while they, as an expert, have the capability to deliver peak capabilities and performance where and when you need it.  As a CIO, you can expect the platform to work and be available. Now, many IT executives will do their best to avoid possessing new physical hardware, while being assured that the service will be well provided. The cloud enables IT managers to take a step towards hosting and achieve high levels of backup and security for a defined fee.

 

Adopt a cloud computing mindset

A company must have a long-term goal to migrate as much IT capacity to the cloud as it provides a cost-effective way to gain access to new skills and expertise. It can be difficult to keep in touch with all the innovations associated with the cloud; so, make sure to spend enough time brainstorming and talking with future IT professionals to get an idea of ​​future changes. They are probably more aware of the next big phenomenon that will affect the company. The culture that surrounds IT management is evolving, and that’s why you have to take a look at the new services that are available on the market and encourage employees to adopt a mindset favoring cloud computing.

However, a migration to the cloud must be carefully managed, including governance and information security. By definition, major providers (such as Amazon and Google) should be much better at securing data. However, CIOs need to be aware that convincing the rest of the company of the benefits of cloud computing can be a slow process, particularly with regard to governance, security, and approval issues.

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Let the cloud take care of core domains

Cloud computing integration must bring a tremendous solution to your organization’s operational challenge. The starting point concerns a number of core areas that CIOs can easily deliver on-demand. If you are using products such as Salesforce and Office 365, you’d have to be crazy to want to host them yourself. Better to let someone else, an expert in this field, take charge of your operational concerns. The cloud also serves as a one-time solution to problems involving certain operational projects.

 

Finding a balance and determining how to manage legacy systems

IT managers would be foolish to dismiss cloud computing, if only in terms of the quality of the service. However, while businesses will continue to migrate on-demand services, much remains to be done. We’ve noticed that some companies are opting ​​for an on-demand model and there are others that buy more internal resources.

For CIOs, moving to an on-demand model can be a headache. You have your systems inherited and at some point, you will have to consider migrating these services to cloud computing, but it’s possible, as the momentum is in favor of computing demand, despite persistent concerns about security and governance.

 

Security and Privacy

The main challenge to cloud computing is how it addresses the security and privacy concerns of businesses thinking of adopting it. The fact that the valuable enterprise data will reside outside the corporate firewall raises serious concerns. Hacking and various attacks on cloud infrastructure are affecting multiple (potential) clients. These risks can be mitigated by using security applications, encrypted file systems, data loss software, and buying security hardware to track unusual behavior across servers.

 

Reliability and Availability

Cloud providers still lack round-the-clock service; this results in frequent outages. It is important to monitor the service being provided using internal or third-party tools. It is vital to have plans to supervise usage, SLAs, performance, robustness, and business dependency of these services.

Cloud Computing: Trends for 2022 and beyond

 

Cloud Computing Trends for 2022

Although cloud computing isn’t a new concept and the benefits of the cloud are well known for a long time, cost optimization, security, data protection, and automation remain top concerns for some organizations. However, during 2020 and 2021, cloud computing exploded with the COVID-19 pandemic as more and more organizations moved most of their applications to the cloud. This decision has been motivated by the urgent need for flexibility within a very short time in order to be able to react to changed framework conditions. We will also witness the growth of rapid adoption in 2022. According to predictions from Gartner, global spending on cloud services is expected to reach over $482 billion in 2022, up from $313 billion in 2020. This shows how cloud technologies are one of the most important pillars of modern IT infrastructure today and will continue to gain importance in the future.

 

For very different reasons, companies decide to migrate their digital business processes to the cloud. According to the Flexera 2021 State of the Cloud Report, performance and scalability are among the main reasons, alongside easier data access and management and lower overall costs. Accordingly, 61% of businesses migrated their workloads to the cloud in 2020, from which 92 percent of enterprises have a multi-cloud strategy; 80 percent have a hybrid cloud strategy. But regardless of where they are at in their journey  towards the cloud, organizations should keep an eye on the following trends:

 

The public cloud is gaining in importance within hybrid scenarios

Moving to the cloud is complicated and deciding which cloud type is the right one for an organization depends on multiple factors, such as the requirements for computing, storage, and services. Each cloud model has its own advantages and disadvantages that companies have to weigh up. Hybrid cloud scenarios (i.e. an environment made up of on-premises and a cloud) have established themselves as the de-facto standard for cloud deployment – according to the Flexera study, public cloud adoption continues to accelerate as 36 percent of those surveyed already spend more than $12 million per year on public clouds and 55 percent of enterprise workloads are expected to be in a public cloud within twelve months. The reasons given for this were data protection-relevant applications and business-critical processes.

 

Real-time analytics and IoT are on the rise

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Companies make use of a number of cloud services to solve the different business requirements. Analytics and infrastructure services still comes first, followed by data for machine learning (ML) and artificial intelligence (AI). The Global Connected Device Analytics Market is estimated to be USD 14.9 Bn by the end of 2021 and is expected to reach USD 40.7 Bn by 2026, growing at a CAGR of 22.3%. This huge need for connected devices in the different industries has been motivated due to remote monitoring of employees working from home during the Covid-19 crisis. Additionally, IoT analytics is becoming a core investment strategy for various organizations to leverage analytics as a core competency to deliver better outcomes and to drive differentiation for their product and service offerings. The more intensively and consistently companies use the cloud, the more benefits they can derive from it. This trend will continue in the next year and more advanced use cases such as ML / AI analyses, IoT, but also stream processing will continue to increase.

 

Companies are increasingly lacking cloud skills

As businesses rapidly transition their processes and data over to the cloud, the demand for digital experts is increasing but the skill gap in this area can make it an unrealistic goal for some companies. There is a huge skills gap in cloud computing, both within organizations’ current workforce and in the hiring pool and the situation will worsen in the near future. Organizations are facing the issue of finding skilled IT professionals to cover core missions with critical skill sets to be able to support their business objectives. They need specialist knowledge in handling and managing huge amounts of data in the cloud, as well as building a holistic data architecture. Reports show that missing or limited cloud skills is the greatest challenge in connection with cloud migration for almost a quarter of companies (24%). As more and more organizations are pushing their digital transformation, the need for data and cloud architects or cloud DevOps engineers and cloud system administrators is increasing, but it is becoming increasingly difficult to meet them. Its foreseeable companies will concentrate even more on training their existing employees in order to acquire the required cloud skills, while at the same time relying more on user-friendly self-service solutions in the coming years.

 

As said previously, the global spending on cloud services is expected to reach over $482 billion in 2022, up from $313 billion in 2020 – the next coming years will therefore primarily be about getting the maximum benefit from cloud integration. For this purpose, companies should, on the one hand, particularly tackle the development of the required skills and, on the other hand, consider specifically which IT & business requirements they can solve with the help of the cloud. This enables them to take their cloud usage and business to the next level.

 

Sources:

Top Strategic Technology Trends for 2022: Cloud-Native Platforms

Cloud Shift Impacts All IT Markets

Flexera Releases 2021 State of the Cloud Report

Cybersecurity Trends to watch for in 2021

What are the trends for cybersecurity in 2021

The fastest-growing cyber-attacks numbers illustrate the challenge of ensuring resilience and continuity in a connected world. Additionally, the COVID19 outbreak has changed the entire situation of the economy and created confusion for businesses/industries around the globe. In order to protect the health of employees and respond to the health restrictions, companies that have never done remote work now also started working remotely.

 

Most organizations are getting better at preventing direct cyberattacks by improving the basics of cybersecurity and the main focus is on cyber resilience. With the cyber-resilient strategies in place, businesses assemble the capabilities of cybersecurity, business continuity, and enterprise resilience. These well-thought strategies help to quickly detect cyber threats and minimize the damage and continue to operate under attack.

 

The year 2020 has proven unpredictable and challenging from multiple perspectives. Among those challenges is a long list of cyber-attacks. Following the rise of remote working, cybercriminals are more than ready to seize opportunities to exploit security weaknesses for monetary and disruptive gains.

What threats are expected in 2021? How could the cyber threat landscape evolve?

 

Challenge n°1: Work from home

 

The COVID-19 has changed the work environment in unexpected ways. The obligation to socially isolate has forced innovation in how we work, as businesses and governments to maintain the continuity of operations. This resulted in a massive shift to remote work. Personal devices and home networks are being used to log in from home on business infrastructure. As increasing numbers of employees work from home with their personal devices, enterprise IT security operations become less effective and are unable to shield devices and infrastructure against any compromise and disruption through phishing campaigns, the spread of malware, faking official websites, etc.

 

A study sponsored by IBM Security and conducted by Morning Consult, interrogated 2000 working remotely Americans find out that more than 80% of respondents either rarely worked from home or not at all prior to the pandemic, and, more than half are now doing so with no new security policies to help guide them. This shift to working from home has exposed new security risks and has left nearly 50% of those employees worried about impending cyber threats in their new home office settings.

 

Many businesses will continue to suffer in 2021, because a mixed work model will establish itself sustainably in organizations, with all the risks it entails. Thus, if your company is to gain value from the remote work, your IT department must become more agile by pivoting their organizations to enable pervasive and safe remote working.

 

Challenge n°2: Automation

 

Automation is another emerging challenge in the desire to achieve high flexibility and diversity through remote working. Learning how to maintain productivity by automating activities is one of the top priorities of 2021. The primary reason for automating mundane and repeatable tasks is to allow people to shift focus to problem-solving activities. Thus, from a cyber-security point of view, automation is the only way to reduce the volume of these modern automated cyberattacks and enable faster prevention.

 

Attackers will continue to use automation to move fast and deploy new threats swiftly. Therefore, by allowing a faster risk and anomalies analyze, faster detection and intervention can be done. A next-generation security platform can assist your IT teams to rapidly analyze data, turn unknown threats into known threats, create an attack DNA, and automatically create and enforce a full set of protections through the organization to stop the attack lifecycle. Employing automation as part of your cybersecurity efforts is the only way to keep up and defending against automated threats efficiently.

 

Challenge n°3: Artificial Intelligence Threats

 

There’s been a lot of buzz around Artificial Intelligence for the past few years, and now it’s playing an important role in many sectors such as banking and financial services, logistics and transportation, retail, automotive, healthcare, education, and even cybersecurity. And it will continue to gain popularity in 2021.

 

With cyber-attacks growing both in complexity and volume, traditional methods to identify threats and malware are not enough. In a business world where customers’ privacy and data protection are vital, cybersecurity issues are becoming a day-to-day struggle for businesses around the world. With AI, cybercriminals can devote less time and effort in coordinating a large attack on an organization’s data system.

 

Companies need to sharpen the focus on a strong cybersecurity culture and adopt a risk-based approach to security. As recovering from security breaches is time and money consuming, companies have started to invest in AI to better detect and automatically block cyber attacks.

 

Challenge n°4: 5G

 

5G is an advanced wireless network technology developed based on 802.11ac IEEE wireless standard. It promises to provide significant opportunities to transform organizations across industries and geographies by providing higher data exchange speed and performance, real-time functions, and wireless connectivity to avoid the risks of wired solutions. Business communications will be enhanced and connectivity tailored to every industry.

 

However cyber threats pose great risks to businesses and industries transitioning to 5G.  As the 5G digital environment opens the door for miscellaneous players beyond traditional cellular networks that are looking to transform their ecosystem through 5G, security often falls short. It’s essential to have a 5G security reference document ready to help detect and prevent cyber-attacks. Before any transition to 5G, infrastructure, as well as industries, must be able to protect their 5G networks and be prepared at any time to deal with the impact of cyber threats.

 

 

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IOT – Business Transformation by 2025

 

Internet of Things connected devices installed base worldwide from 2015 to 2025

 

By 2025, International Data Corporation (IDC) estimates that worldwide data will grow to 79.4 zettabytes (ZB), generated by 41.6 billion connected IoT devices, or “things,”. To be noted that there were an estimated 22 billion internet of things (IoT) connected devices in use around the world by the end of 2018.

 

This exponential  growth in the amount of data is explained by the growth in the number of connected devices, no matter of what size they are, they are everywhere in our daily life such as smart appliances (stoves, refrigerators, washers and dryers, coffee machines, slow cookers), Smart security systems, smart locks, and smart doorbells), Smart home hubs (that control lighting, home heating and cooling, etc.), Smart assistants (like Amazon Alexa or Apple’s Siri), Fitness and health trackers, sleep trackers, and smart scales, videos surveillance cameras etc. Thus, the link between the data creation and smart devices is obvious. Data is not only being gathered by smart home and smart surveillance but also via industrial and medical IOT as well by creating an increasing demand of the IT infrastructures, therefore more and more enterprises and service providers are now looking at IoT as a powerful source to drive digital transformation and to unlock the operational efficiencies.

 

IDC forecasts that the amount of data created by these connected IOT smart devices will reach to an annual growth CAGR (Compound Annual Growth Rate) of 28.7% between 2018-2020. This data is sent directly by sensors or via gateways to centralized platforms that gather, process, store, analyse and visualize this data to create insights and improve operational efficiencies of processes. Advances in AI and real-time communication are the main cause of this exponential growth in IOT. Enterprises are extracting a maximum of advantage from the data generated by IOT for better and faster decision-making, predictive analytics and automation of workforce. These digital transformations are bringing them numerous benefits such as higher productivity, GDP growth, improved corporate performance, and new prosperity.

 

IOT is not only shaping our lives but changing the traditional legacy business at a rate of change never seen before in history. Empowered by exponential increase in AI, computing power and availability of large amount of data, machines are fast learning to become workforce of future in several areas. As machines and products have started communicating with each other without any human intervention, the real value of data is getting generated and helping business leaders in better and faster decision-making, predictive analytics and automation.

 

In addition to that, 5G will reshape IOT and smart devices by boosting the speed, coverage and responsiveness of wireless networks. According to Aleksander Poniewierski, EY Global IoT Leader and partner, “IoT cannot thrive without effective and affordable wireless connectivity, interoperability and common standards. We believe 5G has the potential to make a ground-breaking impact on the way in which future IoT ecosystems are designed, especially in the areas of scalability, latency, reliability, security and the level of individual control on connectivity parameters.”

 

As IOT adoption in enterprises will reach to 65% in 2020, a 35% increase from 2017, IT and business leaders need to consider the extent to which they can use IOT to improve ROI, market competitiveness, and brand differentiation. They must be able to build digital security around potential sensitive personal and corporate data.

 

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5G Network Use and Benefits

5G Network Use and Benefits

 

The decision to expand the 5G mobile network standard in Europe is intended to offer many new opportunities for both consumers and enterprises.It is certainlygoing to have a massive impact on almost every facet of how we use technology, with faster data speeds, lower latency, and increased connectivity, it’ll open up huge new frontiers in everything from smartphones to self-driving cars.

 

What is 5G?

 

5G is the fifth generation of wireless communication standards,promising much faster data download and upload speeds, wider coverage and more stable connectionsmeans, whatever we do now with our smartphones we’ll be able to do faster and better. The fifth generation of the network standard replaces 4G / LTE as the most powerful mobile network and for the first time offers extremely fast transmission speeds for enormous amounts of data.

 

5G Benefits

 

With 5G integration, consumers are most excited for immersive entertainmentwithfaster data transfer feed, streaming videos from mobile apps, high definition video content,uninterrupted video,driverless cars, zero-delay virtual reality, and no-latency gaming.On the industrial side, 5G is thekey to expandand realizethe full promise of the internet of things (IoT), with its impact to be felt in smart homes, smart cities, and smart industries.

In addition to that, from the end of European Parliament, initiatives have already been launched to accelerate the implementation of5G. According to the Commission, the benefits of the industrial internet are expected to boom, with the implementation of 5G that will transform sectors such as manufacturing, energy, vehicle manufacturing and healthwith the following benefits such as:

 

  • Increase in productivity and jobs: companies willcreate new jobs
  • Innovation and employment benefits
  • New advances in artificial intelligence, data analytics and cybersecurity
  • Possibility to deliver better, faster and cheaper servicesalong with a better customer experience
  • 5G’sgreater capacitywill impact positively on the networks to cope better with many high-demand applications all at once
  • 5G is expected to be ‘ultra-reliable’, means 100% guaranteeconnectivity
  • 5G networks promise to be more flexible
  • Smarteruse of resources such as energy and waterwith the integration of IOT connected smart devices
  • Reduction in power consumption, especially for IoT devices, the power savings could be significant
  • 5G promisesto extend the battery life of devices by up to ten times
  • Due to the extremely low delay times in the data transmission of less than 10 milliseconds, the 5G network can also increase networking and control of machines and robots in real time
  • 5G will unlock the true capability of drones while sending back high-definition video.
  • 5G willenhance the experience of virtual reality allowing you to chat in real time with live-streaming virtual worlds.

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While the 5G network may still be under development, there’s no doubt that 5g technology is going to be a new revolution in wireless communication systems. With every new generation of data network, there are alwayshigh expectations, so let’s hope 5G willdeliver everything it promises, means everything is connected, processed and digitised.

 

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