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An Overview of the Internet of Things

On December 9, 2022

The term Internet of Things refers to a network of physical objects embedded with software, sensors, and other technologies to connect and exchange data with other systems and devices over the internet. There are over 7 billion connected IoT devices, and experts predict that this number will grow to 22 billion by 2025.

The Tech That Created the IoT

Despite the concept’s long history, the IoT has been practical due to the various advancements in its development. Due to the availability of low-cost and reliable sensors, the IoT has become a practical technology for various companies.

The connectivity of the IoT has become a major factor that has made it practical. Through the various network protocols developed for the internet, it has become easier for sensors to connect to the cloud.

The availability of cloud computing platforms has made it easier for consumers and businesses to access the necessary infrastructure they need.

Advancements in analytics and machine learning have made it easier for businesses to collect and analyze data. With the ability to store and retrieve vast amounts of information in the cloud, companies can now get a deeper understanding of their operations. The IoT’s data also feeds these technologies.

Advancements in artificial intelligence have also made it easier for consumers to use their devices. Through the use of neural networks, which are capable of natural-language processing, various kinds of smart devices have become more affordable and appealing.

Industrial IoT

The use of the IoT in industrial settings is referred to as IIoT. It involves the control and instrumentation of devices and sensors that use cloud-based technologies. Recently, various industries have started using machine-to-machine communication, or M2M, to automate and control their operations.

Due to the emergence of new technologies such as machine learning and analytics, the IIoT has become a vital component of the industrial revolution. It can help companies create new business models and improve their operations.

How IoT is Used

Due to the ability of the IoT to collect and analyze data, it has become a major factor that has made it easier for companies to develop new applications.

Through the use of the IoT, machines can be continuously analyzed and monitored to ensure that they are performing properly. In real-time, products can also be inspected to identify and address any quality issues.

One of the most common features of a tracking system is its ability to quickly identify the location of an asset. Ring fencing can also help prevent the theft of high-value items.

Wearables that are made using the IoT allow people to monitor their health. They can also be used to monitor the health of their employees. This type of technology can be useful for companies as it allows them to keep track of their workers’ safety.

One of the most common applications of the IoT is in the connected logistics industry. Through the use of the IoT, companies can improve the efficiency of their operations by monitoring the status of their fleets.

Data Science Trends to Watch in 2023

By Russ Ewell

On November 4, 2022

In Blog, Russ Ewell

The ability to collect and analyze data is becoming more important in today’s competitive environment. Companies can now gain a competitive advantage by analyzing and extracting insights from various sources.

The rise of digital transformation is forcing companies to adopt a data-driven business model. This allows them to make informed decisions and react to changes in the world around them. It helps us to anticipate and react to events that affect the established order of things.

Despite the evolution of data and analytics, the world of data and analytics is constantly changing. New technologies are being introduced that allow companies to collect and analyze more data. These innovations are expected to significantly impact how we use data and analytics in 2023.

More People Using Data

One of the most important trends that will affect the way we use data and analytics in 2023 is the increasing number of people who are empowered to put it to work. This will allow them to perform their jobs more effectively. The rise of augmented working allows people to access and use various tools and devices designed to help them do their jobs more efficiently.

In the next few years, businesses will realize how important it is to collect and analyze data to improve customer relationships and develop new products and services. However, until the power of data-driven insights is widely available to everyone in the organization, it will not be possible to fully implement this strategy.

In practice, there are examples of how data democracy can be used to improve the efficiency of various organizations. For instance, lawyers can use natural language processing tools to quickly sort documents and find relevant articles for their clients. Retail sales assistants can use terminals to discover customers’ past purchases and recommend products. According to a study conducted by McKinsey, businesses that make data accessible to all their employees are more likely to see a positive impact on their revenue.

The Cloud

The cloud is a platform that enables organizations to collect and analyze data. Businesses can easily access the sources they need to improve their operations through its various services, such as subscription-based platforms and data warehouses. This eliminates the need to build their own storage systems and collect data.

As a service, DaaS platforms allow organizations to collect and analyze data. They can then use this data to create more effective and valuable insights. Usually, this type of approach is used to supplement a company’s existing data.

The ability to access and analyze data through the cloud is a key component of the democratization of data. It eliminates the need for companies to spend a lot of money on data science and technical expertise.

AI and ML

Artificial intelligence is expected to greatly impact how we work, live, and do business in the future. Its ability to make more accurate predictions and reduce the time people spend on mundane tasks will allow them to focus on more productive activities. This technological change will also empower employees to adopt data-driven insights.

Machine learning is the core technology that enables businesses to analyze and improve their data faster than they would manually. This type of artificial intelligence is built on software algorithms designed to improve performance.

ML and AI technologies include natural language processing, computer vision, and generative AI, which can create text, images, and videos from scratch. These technologies are similar to what we do with our eyes.

Real-Time Data Collection

When analyzing and searching for insights, it’s important to remember that the data collected in real-time is always relevant. This allows businesses to make informed decisions and improve their operations.

Since working with real-time data requires a lot of technical expertise and expensive equipment, it can be challenging to implement. But with the help of AI and ML, we can analyze and act on data as it happens. For instance, analyzing the data from a website’s clickstream might allow us to identify which promotions and offers are most effective.

Due to the increasing number of organizations looking to collect and analyze data, the need for updated and up-to-date information will become more prevalent in 2023. This is why implementing real-time analytics and data will become the most important tool for businesses.

Regulation

In addition to implementing regulations, data governance will also become a major issue in 2023 as governments around the world introduce laws designed to protect the privacy and security of individuals’ personal information. Following the European Union’s General Data Protection Regulation (GDPR), other countries such as China and Canada are expected to follow suit. According to Gartner, by 2023, over 65% of the world’s population will be covered by similar regulations.

In addition to implementing regulations, data governance will also become a major issue in 2023 as governments around the world introduce laws designed to protect the privacy and security of individuals’ personal information. This means that businesses will have to implement effective measures to ensure that their procedures are properly understood and documented.

Although it might seem like an extra step, the goal is to make sure that the organizations that collect and analyze data are following proper procedures and are able to protect the privacy and security of the information they collect. This will allow them to provide their customers with better services and products.

The Negatives and Positives of Self-Driving Cars

By Russ Ewell

On September 26, 2022

In Blog, Russ Ewell

Despite the technological advancements in the field of autonomous vehicles, they are still not yet ready to be fully integrated into our transportation systems. This could bring mixed emotions to everyone.

The question of whether or not autonomous vehicles should be considered a hazard or help is still a big one. To help you make an informed decision, we’ve listed this technology’s various pros and cons.

Positives

Economic Effects

The economic benefits of fully autonomous vehicles are expected to greatly increase once they are integrated into transportation systems. Even a 5% decrease in crashes could save millions of dollars annually.

Saving Lives

The design of vehicles has greatly improved over the years, which has led to safer and less frequent car crashes. The fatality rate has decreased from 30 people per 100,000 to 8 people per 100,000 vehicles.

Despite the various technological advancements in car design, experts believe that human error is one of the biggest factors contributing to the increasing number of car fatalities. Removing human error from the equation could lead to a significant decrease in the number of road fatalities.

Accessibility

Many individuals have restricted mobility due to their age or disability. With the availability of fully autonomous vehicles, everyone will have the opportunity to have access to the technology without having to take a driver’s license test.

Improved Commutes

With the ability to communicate with other cars and avoid rear-end collisions, eliminating bumper-to-bumper traffic jams is expected to be a reality soon. In addition, automatic braking functions could help prevent rear-end crashes. Speed limits could also be raised.

Environmental Effects

Many companies developing driverless cars are currently focused on using electric power instead of traditional combustion engines. This technology is expected to make autonomous cars more eco-friendly than their gas-powered counterparts. One of the main advantages of this technology is that it eliminates the need for manual steering and braking, which helps save on power.

Negatives

Traffic

The number of cars on the road could increase if the number of autonomous vehicles becomes popular. Since many people would be able to use their own cars, this could cause a spike in the number of vehicles on the road.

Glitches

Although autonomous vehicles are expected to be safer than human-driven cars, they are still susceptible to various types of glitches and hacks. One of these is the vulnerability that could allow a hacker to take over the car. Also, the sensors and signals used in this technology could be vulnerable to being exploited remotely.

Job Loss

Many individuals rely on cars for their livelihood. These include truck drivers, taxi drivers, and delivery drivers. If autonomous vehicles were to be introduced, these individuals would most likely lose their jobs.

Cost

The cost of developing and manufacturing an autonomous vehicle is expected to be astronomical at first. It will take a long time before the technology is widely available.

How To Introduce New Technologies to Your Business

By Russ Ewell

On August 30, 2022

In Blog, Russ Ewell

Despite the positive effects of new technology, many people still don’t like it. This is especially true regarding technology in the workplace, as it can be hard to implement. It could be that the benefits haven’t been communicated or the implementation process is not ideal. To help build more bridges, here are some tips to help you navigate the various barriers preventing people from adopting new technology.

Pick Technology That Benefits Everyone

Before you start implementing new technology, make sure that you thoroughly evaluate the benefits of the technology and its impact on your organization. This will help you make an informed decision. In addition, before you start talking about the technology, make sure that you are open to the ideas and concerns of your stakeholders.

Find an Ambassador

Negativity can quickly spread within the workplace. To help spread the word about the new technology:

Recruit a few individuals at every level to help others understand its benefits.
Show your champions the necessary facts and figures so that they can easily support the change.
Ensure your entire senior leadership team is on board with the new technology.

Offer Interesting Training

One of the most essential factors that you should consider when it comes to implementing new technology is the effectiveness of the training. If it’s not done well, your participants might not learn anything. Instead of holding boring training, try a variety of activities that will help your participants improve their skills.

Take Different Needs Into Account

One of the most critical factors that you should consider when it comes to implementing new technology is the effectiveness of the training. To cater to varying needs, you should create training sessions designed to accommodate different learners. You can also provide various learning materials such as videos, documents, and live training.

Explain on an Individual Basis

When implementing new technology, it is crucial to emphasize the personal value of the new tool. This will help employees understand how it will benefit them and their work. Make sure that everyone knows the new system’s benefits and how it will help them.

We all have experienced the challenges of learning or introducing new technology. These tips can help you overcome these obstacles and successfully implement the latest technology. Share your own experiences here.

How Technology is Changing Education

By Russ Ewell

On July 12, 2022

In Blog, Russ Ewell

Technology has become an increasingly important part of education in recent years. It can be used in a variety of ways, from helping students to learn more effectively to allowing teachers to track student progress more easily. There is no question that technology has had a major impact on education. With the advent of the internet and online learning, there has been a dramatic shift in how people learn and receive information.

There are a number of reasons why technology is so important in education. One is that it can help students and teachers learn more effectively. For example, if a student is having trouble understanding a concept they can use the internet to find resources that will help them learn it better.

However, technology is not only changing how we learn but also what we learn. In the past, students were typically only exposed to information that was available in their local area or through books. However, with the internet, students have access to a wealth of information from all over the world. This increased access to information is changing the way educators teach and students learn.

In addition to changing what and how we learn, technology is also changing where we learn. With online learning, students are no longer confined to traditional classrooms. They can now learn from anywhere in the world, as long as they have an internet connection. This increased flexibility is giving rise to a new generation of learners who are not bound by geographical boundaries.

Technology is also changing how we assess learning. In the past, assessments were often done through paper-based tests and exams. However, with the advent of online learning, there are now many different ways to assess students’ understanding and progress. For example, online quizzes and tests can provide instant feedback to students and teachers alike. This instant feedback is helping to improve the quality of education overall.

There is no question that technology is having a major impact on education. With its ability to change how we learn, what we learn, and where we learn, it is clear that technology is here to stay. As education evolves, it will be interesting to see how technology continues to shape the way we learn.

The Cost of a Data Breach

By Russ Ewell

On May 5, 2022

In Blog, Russ Ewell

Introduction

Data breaches are one of the biggest challenges businesses face in this digital world. A data breach can cost more than an organization’s worth when its reputation is threatened, and it has to pay for rectifying the damage.

What exactly is a data breach?

A data breach is when a hacker or third party gains access to systems, applications, or websites that contain personal data and are not authorized to possess. Data in these systems and applications are often electronic, such as credit card information and other personal information.

What are the different types of data breaches?

At some point, everyone will be affected by identity theft due to data breaches. On average, there is a data breach every day globally, and the number is only getting more significant.

Data brokers have discovered new ways data can be used for identity theft, from browsing history to social media accounts. There are four main ways in which data will get stolen:

Hacking into a site.

Exploiting vulnerabilities.

Social engineering (tricking someone into giving up their personal information).

Ransomware.

What are the costs?

A data breach often does not end in financial losses for customers or the company, but this is not always the case. Data breaches can be expensive for both parties. Once a data breach occurs, an organization loses control over its brand image and customers’ trust in its products and services. A data breach can cause significant financial damages to an organization due to the loss of sales and the payment of fines.

How to avoid data breaches

To avoid data breaches, it is crucial to conduct penetration testing and vulnerability assessments of the network regularly.

Companies should ensure their database are secure. There are many ways to do so. One of them is by making the most out of their passwords. Passwords can be stored with encryption, have a length that makes guessing near impossible, and include unique and ever-changing characters. Also, never work on files or other documents on a public computer or network.

Conclusion

The cost of a data breach is continuously on the rise, but taking action to secure data now can help protect data in the future.