The Fourth Industrial Revolution is afoot. The Third Industrial Revolution was about information technology and digitization; applications were about people or IT processes communicating. Today, machines and devices are the ones communicating, and they are doing so continuously and in ever greater numbers. The promise of real-time enterprise is finally becoming a reality. The Internet of Things allows us to change business models, transform technology, and build the networks of tomorrow.
IoT allows businesses to transform business models from selling a product to providing a managed service. Products are assets that can be connected to the internet, which means they can be remotely monitored. This ability helps companies better understand how assets are used, to predict when they need maintenance, and to sharpen the total cost of ownership models. We now want connectivity in less accessible places than ever before. By 2020, there will be more than 50 billion connected devices, ranging from cranes to coffee machines. Devices today speak tons of different programming languages and need to have data translated through IoT applications.
The IoT finally allows us to build the networks of tomorrow. Digital transformation is opening up new opportunities for organizations by transforming costs, improving customer experiences, generating operational efficiencies, and creating whole new business models. The network is fundamental to the success of the digital business. Only a reliable network can bring together your services and deliver the performance and great user experience your customers will demand. Dynamic distributed networks will be an essential ingredient to bringing the fourth industrial revolution to life.
Do you need help preparing for the Fourth Industrial Revolution? Call Ronin today, and we can help!
Brandon Groteguth (812)-890-6695, email@example.com
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