rti
As IoT continues to mature, as the amount of information being generated increases, companies must find better and more automated ways to process it. Sending everything to the cloud can increase costs associated with data delivery and processing.
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Accenture
As of 2017, there are more than 10 billion connected things and a services market of USD$2 billion generated by the Internet of Things (IoT.) Five years from now, experts predict the one quarter of a million connected cars will be on the road. Gartner predicts a market of nearly US$300 billion from IoT products.
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IoT Big Data presents a significant opportunity for MNOs to diversify revenue sources and counteract declining ARPU for cellular connectivity that is occurring in many parts of the world. Emerging from growth in new data sets being collected through connected devices, and the combination of this data with non-IoT sourced data, projects in the realm of IoT Big Data are gaining traction worldwide as industries work to fundamentally change ways of living and working, and to reach into new markets.
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nvidia
As we evolve from pandemic to next normal world, 36% of manufacturers are already engaged on AI projects and 23% more have plans to use AI in coming months to unlock the anticipated trillions of dollars in value in industrial sectors. Based on the lessons learned during the pandemic they are all seeking the best way to achieve new levels of productivity, safety and agility by unlocking the AI driven insights from petabytes of data they harvest from their connected factories.
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