DECEMBER 2020CIOAPPLICATIONS.COM6Copyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.DECEMBER - 15 - 2020, Volume 06 - Issue 38 (ISSN 2644-240X) Published by ValleyMedia, Inc. To subscribe to CIO ApplicationsVisit www.cioapplications.com Managing EditorJoe Phillip*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffSalesSebastian Jacobsebastian@cioapplications.comEmailsales@cioapplications.comeditor@cioapplications.commarketing@cioapplications.comContact UsPhone: 510.330.5174Fax: 510.894.8405EditorialAt the Cusp of Never-ending IoT AdvancementsNowadays, the internet is making life extremely facile and brisk for everyone. It is not only making lives easier but also making the world a small place now. Thanks to the growing advancements, the internet is now deeply entrenched in our systems to enrich us. It is impossible for people to imagine their lives without the internet as each and every aspect of the world is now connected to make everything convenient, simple, and smart. Likewise, to keep the world even more connected, the advent of IoT (Internet Of Things) has been a blessing. IoT is one of the most prominent tech trends to have emerged in recent years.Innovative organizations know that IoT has the capacity of solving real, everyday problems. Far beyond technology for technology's sake, IoT delivers practical results needed by enterprises poised to take leading roles in tomorrow's marketplace. It is impossible to understand current IoT trends without recognizing broader industry trends that shape the marketplace. Companies inherently understand that they must continue to evolve in the face of industry disruption. Technological change only accelerates the rate of disruption.IoT provides the tools to pivot corporate strategies from products to services. As the lowest-cost provider of real-time data, IoT will fuel the XaaS market. IoT can use inexpensive wireless microcontroller (MCU) devices to extract real-time operational data, seamlessly transport the data to the cloud, and launch a host of real-time application service opportunities. IoT has transformed today's maintenance markets by ushering in the predictive maintenance regime. Big data enabled via IoT can now enable failure prediction. Not only will IoT provide real-time insight into the current operating condition of equipment, but IoT can also enable the application of Artificial Intelligence (AI) with Machine Learning (ML) to predict the potential occurrence of failures before they manifest.We are at the cusp of never-ending technological advancements. Although IoT is now an exploited mainstream buzzword, it will continue being a key player in the coming years, leveraging every platform and expanding its horizon. Which of the trends are you counting on? Let us know.Joe PhillipManaging Editoreditor@cioapplications.comJoe PhillipGraphics & ArtVictor Cruz Editorial StaffBen JacksonDaniel HolmesEzra BenjaminJune MichaelRose DcruzSenior WritersClara MathewLeah JaneRoyce D'Souza
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