The true potential of both Internet of Things – IoT and Artificial Intelligence – AI can be unlocked when the two come to complete, interdependent ecosystem.
We have a vision for how this comes together this is through something we called IQT, which stands for the IQ of Things said Tom O’Reilly, CTO for EMEA Region at DELL Technologies during the recent CIO 100 Symposium and Awards.
IQT is the combination of IoT and the practical application of AI, he expounded during his presentation that revolved around how data can transform businesses into becoming smart businesses using Big Data, IoT and Machine Learning.
According to a study by IHS one sign that the IoT concept is advancing is that most major information and communication companies are now strategically developing IoT platforms.
The study shows that, in three short months, in 2018, 33 percent of all industry-leading companies will be disrupted by digitally enabled competitors. All these new connected things will generate massive amounts of data. By 2020 there will be 20.4 billion connected things, a number that is forecasted to be 75.4 billion by 2025.
“As the Internet of Things (IoT) continues to take shape, bringing more and more data sources on line, one of the biggest challenges is to understand and act on the data generated by anything that can be connected,” said O’Reilly.
He then added, “IQT will set in motion a virtuous cycle of continuous learning and ever-increasing intelligence throughout the IoT ecosystem. We see it as the next evolutionary step in computing, one which will have profound implications on business, industry and organizations around the world.”
As much as IoT can sound easy slap owing to having sensors on some things, collect data, analyze for insights and presto, your competition is toast but the opposite is true, Mr. O’Reilly said that in order to get to those benefits of a connected world, CIOs will face some challenges.
“Just as no single architecture exists for IoT, no single company alone can deliver every important aspect of IoT. Realizing the IoT’s potential requires a vast, cooperative ecosystem capable of constant evolution, we have built our strategy on four key pillars to help customers make things smarter,” Tom O’Reilly, CTO, EMEA Region at DELL-EMC Technologies .
“Just as no single architecture exists for IoT, no single company alone can deliver every important aspect of IoT. Realizing the IoT’s potential requires a vast, cooperative ecosystem capable of constant evolution, we have built our strategy on four key pillars to help customers make things smarter,” he added.
Explaining the strategy, he said that DELL Technologies was offering the industry’s most comprehensive IoT infrastructure portfolio to provide flexibility to deploy compute, analytics, and storage where you need it in the edge to core to cloud continuum based on specific use case.
Secondly, leveraging the industry-leading expertise in both IT and OT, that enables us to help align strategies across the different layers of the infrastructure portfolio to ensure they are optimized for the needs of all parties.
The third pillar is the Dell Technologies Partner Program which curates the best-of-breed to support strategic goals across all layers of the IoT continuum has the focus of ensuring that organizations won’t have to sort through the hundreds of vendors.
Finally, the fourth pillar is the fact that we bring it all together into industry specific engineered Ready Solutions and Blueprints to help organizations achieve ROI faster by deploying proven solutions, said O’Reilly.