It’s an exciting time to be working in technology, isn’t it? Systems are getting ever closer together, and working ever faster. These improvements come thanks to improved cloud infrastructure, computing at the edge of the networks, real-time predictive analytics and the entire M2M infrastructure that makes up the Internet of Things (IoT).
Which is great. But it does beg the question: What’s next?
The IoT needs to grow, not just in size, but in sophistication. The industry needs to get beyond simple sensors, command applications, data collection and monitoring systems.
The answer to the question is in how we use, share and analyze all of the data that is quickly becoming the true currency of the technological world. In fact, I advise anyone who asks (no one does): if you want to make a billion dollars in the next 5 years, establish an exchange market for data. (That tip is free.)
The future, in short, is in machine learning. Smart machines replaced human operators in the telecom space. Smarter machines (smarter than people) will make it possible for the power of the IoT to come to full fruition. Systems, without the impeding influence of human input, will be able to parse data from innumerable interconnected systems all over the world, look for trends that statistically mean a given outcome is likely, and take appropriate action in a microsecond.
A world in which the IoT works behind the scenes is the eventual goal. To get there, the whole IoT across all verticals and segments, has to come together to fix the major problems like connectivity, security and standards. It has to be collaborative, which many companies are starting to realize.
MachNation is excited to attend the IoT Evolution Expo next month. Join us in Ft. Lauderdale from January 25 to 28. As a member of the MachNation community you are entitled to a 20% discount. Use code MCH when you register here.
We’ll see you there.