A World Reimagined

Step out of that time machine and you’ll see 2030 looks a lot different from 2020 or even 2025. These days work is more rewarding, because 4th Industrial Revolution (4IR) technologies have largely removed the monotonous stuff. What’s more, people are healthier, they get around easier, and have almost gotten used to all the drones.

Work has been reshaped by 4IR technologies including artificial intelligence (AI), machine learning (ML), Internet of Things (IoT) and robotics all working in concert. Office workers are no longer subject to boring tasks like data entry and document reviews, because intelligent automation solutions can “read” even complex unstructured content and deal with it effectively. Intelligent apps can even ferret out just the important emails in your inbox.

“Instead of data being centralized in a data center, or even in a cloud, where you can store it there in the cheapest manner, in the 4th Industrial Revolution, data must reside, be used, and be accessed everywhere,” says Paul Savill, Senior Vice President for Products and Services at Lumen Technologies

That leaves us humans to focus on important, strategic endeavors – we love that. And we have so many digital tools at our disposal to help with decision-making. Digital twin technology is now de-rigueur and combines with AI/ML technology to help us accurately predict how changes to processes, systems and even building infrastructure will work out. It really brings out the creativity in folks.

In factories and warehouses, robotics has likewise proved to be a game-changer. Sensors in robots combine with local edge and cloud-based ML applications to enable robots to react to changes in their environment, freeing them up to perform most any task. Here again, they relieve humans of the most repetitive and sometimes dangerous tasks while dramatically lowering costs. Many warehouses are now fully autonomous, with only one or two humans around just keeping an eye on things.

Yes, all those robots have taken jobs that once belonged to humans. But, thanks in large part to AR/VR technology, we’ve gotten much better at helping folks retrain for better-paying, more rewarding work. (The renewable energy sector is just booming, for example, as is tech. Even with AI/ML and predictive maintenance, it still takes a ton of people to deploy all these 4IR systems and keep them up and running.)

4IR technology has also found its way to rural areas. IoT sensors and applications enable farmers to monitor metrics like soil moisture and weather. Farmers now routinely have IT staff to implement tools that lead to more informed decisions, increased yields and improved productivity.  READ MORE...

Internet of Things

The Internet of Things (IoT) describes the network of physical objects—“things”—that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. These devices range from ordinary household objects to sophisticated industrial tools. With more than 7 billion connected IoT devices today, experts are expecting this number to grow to 10 billion by 2020 and 22 billion by 2025. Oracle has a network of device partners.

Over the past few years, IoT has become one of the most important technologies of the 21st century. Now that we can connect everyday objects—kitchen appliances, cars, thermostats, baby monitors—to the internet via embedded devices, seamless communication is possible between people, processes, and things.

By means of low-cost computing, the cloud, big data, analytics, and mobile technologies, physical things can share and collect data with minimal human intervention. In this hyperconnected world, digital systems can record, monitor, and adjust each interaction between connected things. The physical world meets the digital world—and they cooperate.

While the idea of IoT has been in existence for a long time, a collection of recent advances in a number of different technologies has made it practical.

• Access to low-cost, low-power sensor technology. Affordable and reliable sensors are making IoT technology possible for more manufacturers.
• Connectivity. A host of network protocols for the internet has made it easy to connect sensors to the cloud and to other “things” for efficient data transfer.
• Cloud computing platforms. The increase in the availability of cloud platforms enables both businesses and consumers to access the infrastructure they need to scale up without actually having to manage it all.
• Machine learning and analytics. With advances in machine learning and analytics, along with access to varied and vast amounts of data stored in the cloud, businesses can gather insights faster and more easily. The emergence of these allied technologies continues to push the boundaries of IoT and the data produced by IoT also feeds these technologies.
• Conversational artificial intelligence (AI). Advances in neural networks have brought natural-language processing (NLP) to IoT devices (such as digital personal assistants Alexa, Cortana, and Siri) and made them appealing, affordable, and viable for home use.

TO READ MORE ABOUT IoT,  CLICK HERE...