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IOT Trends for 2018

 

We spoke with a number of IT leaders and industry experts about what to expect from IoT in the coming year and what could be the latest trends for IOT which will dominate 2018.

Following are the Internet of things trends to watch out for in 2018.

1.The IOT industry will bring a changed awareness around security and risk:

Security concerns will be high on the list. We have reached a point in the evolution of IoT when we need to re-think the types of security we are putting in place. Have we truly addressed the unique security challenges of IoT, or have we just patched existing security models into IoT with the hope that it is sufficient?

IOT presents a different kind of risk. Businesses need to understand that sensors and machine-to-machine communications are also stored in the cloud. In particular, facilities implementing devices connected to the IoT need to think about communication and the security protocols between devices: sensor-to-sensor communication, sensor-to-gateway communication, and updating and maintaining all on-premise equipment to better secure their data.

Tom Smith is a research analyst for DZone.com and he queried these IT professionals to get their insights on predictions for 2018. Here’s what IOT experts shared their thoughts on IoT trends for 2018.

IoT security will continue to dominate as a major concern, and I would expect the rise of several IoT-driven platforms to rise to the surface in an attempt to address and manage this. Says Lucas Vogel, Founder, Endpoint Systems

My hope is that there will be some adopted regulations around IoT security and compliance, otherwise, there will undoubtedly be more frequent and massive attacks. The fully-connected home will move closer to being a reality, and there will be unique solutions that address actual needs instead of just being “internet-connected”. Says Mike Kail, CTO, CYBRIC

2. Businesses will need to embrace the implementation of edge and cloud computing: 

Edge computing, also known as fog computing, will continue to rise. The ability to run software at the edge is turning out to be one of the most promising accelerators of IoT adoption, given the cost savings and the ability to quickly achieve largescale systems.

3. Connectivity Management: 

Another exciting new area involves the management of whole IoT systems or solutions. Device management and connectivity management has been around for several years already, but now that the pieces of IoT systems are coming together to form whole enterprise-scale solutions, management of these solutions has become higher up on the “tech wish list” for organizations.

4. IOT vs IIOT:

In addition, the separation between consumer IoT and Industrial IoT is becoming clearer all the time. One key distinction that is now apparent is that consumer IoT can often focus on greenfield installations but IIoT must enable brownfield installations. The investments in systems and equipment that were made by industrial firms over the last decades will continue to be in place and will need to be incorporated into IIoT solutions.

We’re seeing a trend towards a lot more IIoT use cases. As we move into 2018, we will see a much higher adoption of industrial IoT where sensors are making a big impact in the manufacturing, automotive, aerospace and engineering sectors. Other areas where we expect greater uptake of IoT systems include shipping, retail, agriculture, and healthcare. This expansion will trigger a need to hire many more IoT professionals and will likely see the rise of many new types of IoT specific roles within companies.

Many verticals still have business operations that involve manual observation of equipment status, inventory levels, and other key metrics. Where there is currently manual observation, there may be a great opportunity for a high-ROI project involving IoT. Some verticals that have a lot of manual observations are Oil & Gas, Energy Distribution, Supply Chain, and Telecommunications. The repeating theme is high-value infrastructure that is spread out geographically.

Thanks Kilton Hopkins, IoT Program Director forNortheastern University-Silicon Valley and the CEO of IOTRACKS, for providing your inputs to this article.

 

 

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When Data Meets the Heart: A Tale of Sentiments and Science

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Do you think technology will advance to a point where people rely on it for deeper emotional connections, perhaps even finding companionship? Just like in the movie Her, where a man falls for an AI, we all thought it was science fiction. But it seems we’re closer to that reality than we might have imagined. Now, it’s not just about crunching numbers. Technology is evolving every day, becoming so advanced that it’s learning to interpret human emotions and reactions. This is the core of sentiment analysis, where data meets emotions, and technology helps us make sense of human feelings in ways that were once only imaginable.

Is Data Science the Key to Unlocking Sentiment Analysis?

Sentiment analysis is more than just gauging emotions in text; it’s a powerful application of data science that transforms chaotic data into actionable insights. Data science deciphers human feelings hidden in reviews, tweets, and comments, enabling AI to capture not just whether sentiments are positive or negative but also the nuances of emotional expression. With the ongoing evolution in data science, sentiment analysis is moving beyond basic detection to uncover deeper emotional insights, allowing businesses to truly understand their customer’s sentiments. This capability empowers organizations to anticipate customer behavior and make informed decisions in a data-driven world.

According to Forbes, 80% of the world’s data is unstructured, like blog posts, reviews, and customer feedback. Sentiment analysis helps companies make sense of this unorganized heap using data analytics, turning it into actionable insights. Tools like Python libraries for sentiment analysis and AI models help refine this process further, offering businesses more profound insights into customer behavior.

How Does Sentiment Analysis Work?

Imagine you’ve just posted a review online: “This phone has a great camera, but the battery life is terrible.” While a human can quickly spot that you love the camera but hate the battery, AI needs to go a step further by:

  1. Text Preprocessing: Breaking the sentence down into words (tokens), removing stop words (like “the” and “has”), and normalizing the text.
  2. Natural Language Processing (NLP): This is where the AI engine learns the context of each word. It identifies if the sentiment is positive (great camera) or negative (terrible battery life).
  1. Machine Learning Models: These models classify the sentiment of the text. With more data science applications, the models become better at predicting human emotions.

Why Does Sentiment Analysis Matter?

In a world where emotions drive decisions, sentiment analysis helps businesses, governments, and even individuals make better decisions. Whether it’s reading reviews, understanding customer feedback, or gauging public opinion on social media, sentiment analysis tells us how people feel.

Beyond the Text: How Data Science Decodes Emotional Intelligence

What if Data science could detect more than just positive or negative feelings? What if it could understand sarcasm, context, and complex emotions like nostalgia or regret? The future of sentiment analysis is heading towards these intricate feelings, making it possible to “read between the lines”. With advancements in data science and machine learning, sentiment analysis is set to dive deeper into human emotions, potentially offering an unprecedented understanding of how we feel.

Real-World Applications

  • Customer Service: Have you ever left a review or complaint on a company’s Twitter? Chances are AI detected your dissatisfaction before a human even read it.
  • Healthcare: Doctors and mental health professionals are using sentiment analysis to detect early signs of depression or anxiety based on patient communication.
  • Politics: Predicting election outcomes? Analyzing public sentiment towards political candidates can be more accurate than traditional polls.

The Road Ahead: Can Data Science Fully Understand Us?

While today’s data science techniques are great at reading general sentiment from text, we’re not yet at the stage where machines can truly “understand” emotions. However, advancements in data science continue to refine how we interpret human sentiment. Techniques like sentiment mining and sentiment classifier are being used to recognize the subtle emotional cues. Perhaps one day, the power of data science will allow us to decode human emotions with such precision that it fundamentally changes the way we interact with data, bringing emotional insights into our daily lives.

Feeling curious? Explore how Mantra Labs is shaping the future with cutting-edge data science techniques and solutions that can read the world’s emotions—literally.

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