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IoT Leading Companies?

IoT Leading Companies?

Several times, I come across students, tech enthusiasts, learners, teachers as well as business owners while going through an IoT workshop/seminars. They find it mesmerizing and amazing but they always ask me is there any venture or organization that is working on this technology? Yes, there are many companies that are working in this technology and doing a great job on it. So, here is the least of some global IoT leaders:

Amazon Web Services:

 

Since, cloud has a very huge role and contribution in IoT, Amazon Web Services is the biggest cloud provider on which you can count on. As we know that cloud is used to store the huge amount of data, AWS offers powerful services to gain insights of that data.

 

AT&T:

 

When it comes to the connectivity, AT&T is the one we have in mind. AT&T also is a key enabler of IoT banking on their Broadband network. This company have their own cloud based IoT development portal named as M2X

 

CISCO:

No one can deny that when it comes to the networking devices, CISCO is a global leader in them. CISCO has developed a range of IoT devices. Starting from switches, routers, fog computing services, up to the data management, security services, analysis and automation.

 

Google:

Massive Search Engine, Self-Driving cars, Cloud functions, and the developer of many more technologies out there. Google have been through a long span of development and already leading the IoT market in form of Google Cloud. Google is in great position to serve IoT consumer applications.

 

IBM:

IBM is making a big push in the IoT market in form of "Watson", its IoT cloud platform for the development of IoT devices, smart products and much more. IBM is hoping to initiate its cognitive technologies in IoT devices. 

 

There are many other market leaders like as Microsoft, Intel, Oracle, Samsung, Siemens, Qualcomm, Mediatek, and many more which are also developing for the IoT and giving up a great push to the technology and smart devices these days, so there is a biggest wave of opportunities is on-going in this era of technology for developers, investors, consumers too"World is digitizing, Are you Ready for it?".

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Artificial Intelligence Expected to Double Economic Growth in 12 Developed Countries

Artificial intelligence (AI) could double annual economic growth rates by 2035 by changing the nature of work and ushering a new relationship between man and machine. The impact of AI technologies on business is projected to boost labour productivity by up to 40 percent by fundamentally changing the way work is done and reinforcing the role of people to drive growth in business.
 
“AI is poised to transform business in ways we’ve not seen since the impact of computer technology in the late 20th century,” said Paul Daugherty, chief technology officer, Accenture, the primary company to have come up with this research result: “The combinatorial effect of AI, cloud, sophisticated analytics and other technologies is already starting to change how work is done by humans and computers, and how organizations interact with consumers in startling ways. Our research demonstrates that as AI matures, it can propel economic growth and potentially serve as a powerful remedy for stagnant productivity and labour shortages of recent decades.”

 

Read more on the research results of the AI impact at : https://newsroom.accenture.com/news/artificial-intelligence-poised-to-double-annual-economic-growth-rate-in-12-developed-economies-and-boost-labor-productivity-by-up-to-40-percent-by-2035-according-to-new-research-by-accenture.htm

 

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Big concerns about Big Data

In spite of being important, big data analytics is yet to be deployed successfully by most of the organizations. Many companies are struggling with how to maximize big data, and properly incorporate the results into something substantial. Results of the survey showed that the investment in analytics was growing rapidly. 64.4 percent of those surveyed said that their firm is investing more in analytics. However, just 12.6 percent of respondents said their company has completed several big data projects. One reason that prevents organizations from moving forward despite understanding the benefits of big data analytics, is the shortage of expertise in the field and with such lack of big data skills organizations are reluctant to take the plunge. It is also a major concern to keep sensitive information from the gathered big data, secured. On the basis of Big data analytics businesses should conduct their own research and see what options best fit their needs. However, technological innovation should be pursued to make big data analytics accessible to ordinary business users as without such innovation business could be left behind. Read more at:http://analytics.theiegroup.com/article/53a04cf93723a81d72000021/Is-Big-Data-Just-A-Big-Problem

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