How the Intersect of the Internet of Things (IoT), AI and Cloud Computing will Disrupt Everything

How the Intersect of the Internet of Things (IoT), AI and Cloud Computing will Disrupt Everything

The Internet of Things (IoT), Artificial Intelligence (AI) and cloud computing are three technologies that are converging to disrupt nearly every industry. IoT refers to a connected network of objects embedded with technology that enables the collection and exchange of data. Cloud computing is the storing and retrieval of data, and accessing application programs via the Internet. Artificial Intelligence is the simulation of human intelligence by machines.

We are currently in the midst of the rise of the first wave of this technological convergence. The hurdles include interoperability and a common standard. It’s currently a wide-open field with companies scrambling to lead in setting the IoT standard. Cisco recently acquired Jasper Technologies for $1.4 billion with the goal of creating an IoT service platform to enable partners to build IoT service businesses. Samsung is expected to announce a new open-source IoT real-time operating system (RTOS) in April, 2016 at the Samsung Developer Conference in San Francisco. In May of 2015, Alphabet’s Google announced Brillo OS and Weave protocol for IoT. Apple has HomeKit, a framework for communicating, controlling and connecting IoT devices with the ability to use Siri as a virtual personal assistant. The AllSeen Alliance, a cross-industry consortium to enable the interoperability of IoT through open-source software called AllJoyn, boasts industry giants including LG Electronics, Panasonic, Qualcomm, Sharp, Cisco, Honeywell, IBM, Philips, Haier, and Microsoft. Intel, Cisco, Samsung, and General Electric are members of Open Interconnect Consortium, a competitor to AllJoyn. General Electric (GE) plans to make its Predix OS available as a cloud-based PaaS (Platform as a Service). GE aims to create a common platform and language for industrial IoT with Predix.

Which industries will the convergence of these technologies impact? What industries will not be impacted?

IoT AI and cloud computing will impact any company in any industry that has a building or facility. IoT devices will enable intelligent management of resources such as energy, electricity, heating and cooling. For example, Verdigris, a startup based at NASA Ames Research Park in Moffet Field, California, offers an IoT-powered B2B SaaS (Software as a Service) energy consumption analytics service.

Manufacturing will be completely transformed by IoT. Today GE’s Durathon battery plants have over ten-thousand sensors that measure manufacturing conditions and machine operations in real-time. Siemen’s electronic manufacturing plant in Amberg, Germany has approximately one-thousand automation controllers that enables machine control of 75% of the production.

Opportunities will arise for hardware manufacturers of sensors, and low-voltage and low-cost chips.

IoT will generate Big Data that exist outside the firewall of the manufacturers of IoT devices. The volumes of Big Data generated from IoT will create opportunities for Business Intelligence (BI) providers to provide meaningful analytics for business decision-making.

Cloud computing will be the cost-effective path to bridge the sensory input from IoT to companies and consumers. Cloud IaaS (Infrastructure as a Service) providers will eventually become as vital as a utility, like water and electricity. There are companies creating their own cloud infrastructure with core competences that are not in this space. Over time, the cost of maintaining and upgrading home-grown IaaS could negatively impact these companies unless the IT investment can be successfully transformed into a revenue-center, offering B2B services to outside companies. This is the strategy of Robert Bosch GmbH. The company announced that it is launching its own in-house infrastructure, the Bosch IOT cloud, to accelerate development of smart cars, smart homes and intelligent manufacturing. It plans to invest €500 million ($550.7 million) annually in new technologies. According to The Wall Street Journal (March 9, 2016), Robert Bosch GmbH will then enter the IoT SaaS in 2017 by offering its IOT Cloud to other companies.

The rise of IoT, connected by cloud computing and fueled by AI, will disrupt everything. We are witnessing the start of a new revolution.

Copyright © 2016 Cami Rosso All rights reserved.

For more articles, visit: https://www.psychologytoday.com/us/blog/the-future-brain

Bob Asken

An analytical mind. The ability to speak in metaphors. Seeking a non-fiction book agent.

7y

Thank you for your reply, Cami R. Trygg will be flattered. Even the cat winks. Trygg.

Bob Asken

An analytical mind. The ability to speak in metaphors. Seeking a non-fiction book agent.

8y

Brilliant article. On a personal note, I prefer a hard drive and a disk with the programme on it. Eg: Microsoft Office. The programme is an asset. The Cloud subscription is a service. But I digress. We are becoming too charmed by our own brilliance. If not now then soon, robots will be working "fast food outlets". So much for the $15.00 living wage. Living Wage? who sold that "fast food quality" of economics? As my cat, Trygg, has said so often, "There are no unintended consequences. Only unwanted consequences." Trygg Trygvasson Ten Eyck. We do a blog together, Eventhecatwinks.blogspot.com But I digress. A perfect example arises from the words of a Bob Dylan song. "You never turned around to see the frowns on the jugglers and the clowns who did their tricks for you." Many around the world are only too happy to provide the cheap labour to produce the tech gadgets that has the "now" generation drooling over their digital ...uh....gadgets. Bread and circus. As I've often said, "China will succeed because China will do as we did and not as we say." Sincerest regards, Slim.

Naseem Javed

Chair of Expothon Worldwide, a think tank for advancing the SME programs on "National Mobilization of SME Entrepreneurialism" across 100 countries. A recognized authority on new economic thinking on SME mobilization.

8y

Right on, Cami

To view or add a comment, sign in

Insights from the community

Others also viewed

Explore topics