COGNITIVE IOT: CONNECTED DEVICES TO GET MORE ADVANCED WITH SENTIENT TOOLS
Analytic Insight | January 29, 2020
When demands are high and resources are yet to be explored, it is wise to encourage advancement through the amalgamation of technologies and give rise to exclusive mechanisms. Today, IoT or Internet of Things has also advanced to serve as cognitive IoT. Cognitive IoT is the process of implementing cognitive computing technologies on the data generated by connected devices. According to research firm Frost & Sullivan, IoT will transition to cognitive, predictive computing over the next 12 to 18 months. The report further claims that IoT, overall, is also about to grow rapidly. It predicts a 20.3% Compound Annual Growth Rate (CAGR) worldwide leading up to the year 2023. That will be a jump to 45.3 billion devices, up from 12.4 billion IoT devices in 2016.