Future Trends Volume 9: The Internet of Things

whitePaper | July 11, 2023

Never before has the launch of a new technology so rapidly fired the imagination of enterprises and consumers alike. The arrival of ChatGPT in November 2022 showcased the potential of Generative AI powered by Large Language Models (LLMs) in addressing a vast array of new use cases. These use cases were previously unimaginable with conventional computing and analytical AI (now sometimes described as “traditional” or “classic” AI).

whitePaper | April 27, 2022

Big data is the dominant economic currency in a changing world moving at an increasingly accelerated pace. The speed and frequency with which data is collected, processed, and actioned is crucial to delivering the core promise of the Internet of Things (IoT) – either saving money through optimized operations or enabling new business models to generate new revenue streams.

whitePaper | June 17, 2022

The implementation of fifth generation mobile communication systems in society has been in full swing since around 2020. Mobile communication systems have evolved into a communication infrastructure (1G-3G) and a living infrastructure (4G), becoming an indispensable element in the lives of individuals. It has become a social infrastructure that connects not only people but also things like the Internet of Things (IoT).

whitePaper | January 2, 2020

The ongoing improvement in cost and performance capabilities of computing, storage, bandwidth and software application has led to advancement in information, communication and connectivity technologies and triggered new waves of innovations. The Internet of Things (IoT) represents one major concept within these innovations that promotes the connection of everything in manifold contexts and industries. This includes connecting machines, facilities, fleets, network and even people to sensors and controls; feeding sensor data into advanced analytics applications and predictive algorithms; automating and improving the maintenance and operations of the machine and the entire systems.

whitePaper | August 3, 2022

The Internet of Things (IoT) fuses the digital realm with the real-world of objects and places and enables digital twins of them. These technologies drive innovation in application areas such as manufacturing, utilities, transportation, logistics and smart cities. The adoption of IoT technologies in industrial settings, known as Industrial Internet of Things (IIoT), enables gathering and analysis of data across machines, physical assets and processes to improve the flexibility and efficiency of systems at reduced cost. IIoT will increase the productivity, shift economies, innovate business models and foster industrial growth: a digital transformation (DX).

whitePaper | March 30, 2022

The Internet of Things (IoT) could not be timelier for biotech/pharma. With fierce cost pressures, thepush for value-based outcomes, and the need for flexible manufacturing solutions, the IoT is the much-needed shot in the arm to bring about transformational change.