By 2020, there will be about 31 billion IoT devices in the world. With the massive amount of data generated from smart devices, businesses are looking to implement technologies that can help them make sense of that data. With improved processing power that can increase machine learning productivity, digital leaders will go for machine learning and AI to make more of their data. Through the use of blockchain, data from potentially unsecured devices can be held to a high degree of accuracy. Blockchain works as a digital ledger for recorded information and distributes the data throughout devices connected to the chain, making a malicious or accidental modification of data impossible. Utilizing this method, data acquired from blockchain IoT devices can be seen as reliable and secure.
As IoT matures, a wide range of social, legal, and ethical issues will grow in importance. To be successful, an IoT solution shall be not only technically competent but also socially acceptable. These include ownership of data and the deductions made from it, algorithmic bias, privacy, and compliance with regulations such as the General Data Protection Regulation (GDPR). Regardless of how the company is big or small, all the companies should start thinking about the much needed IoT Integration to have more consumers and better business.
This edition of CIO Applications features companies that are at the forefront of offering IoT solutions. To assist CIOs in identifying the most reliable companies to partner with, a distinguished panel consisting of CEOs, CIOs, analysts, and CIO Applications’ editorial board has assessed and shortlisted some of the most prominent organizations in the industry. We present to you – “Top 25 IoT Solution Providers – 2019”.