How IoT and AI are Fueling the Autonomous Digital Enterprise of the Future

How IoT and AI are Fueling the Autonomous Digital Enterprise of the Future

Introduction:

Many of the conversations taking place around the Internet of Things (IoT) are incomplete without a mention of big data. Connected devices, sensors, and algorithms all operate in ways that involve massive amounts of data.

As organizations step into IoT, they must understand the symbiotic relationship between it and big data. For IoT deployments to really make an impact, they must provide some sort of useful tool or service, while also collecting relevant data.

While much of the IoT conversation focuses on the devices themselves, the true potential of IoT extends well beyond hardware. Instead, it’s in the data a device generates, the action it instigates and the ultimate value it delivers.

As the volume and sophistication of connected technology increase, IT leaders must ensure devices, architecture, automation, and human intelligence are working in harmony to create superior end-user experiences. This is a framework known as the autonomous enterprise.

As IoT technology becomes more entrenched in our everyday lives, industry-leading organizations understand that the devices are not the end game. Rather, when IoT technology, architecture, automation, and human intelligence work together in harmony, IT leaders can drive operational efficiency, reduce time spent on mundane, administrative tasks and fortify network security to deliver enhanced end-user experiences. This is the autonomous enterprise vision that we’ll continue to see come to life in stores, schools, and cities. 

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Defining IoT Edge Computing

Edge computing services and the Internet of Things are inseparable. Communications are facilitated by the edge computing services and digital transactions are facilitated by the Internet of Things. The market is growing at a rate of 32.8% CGAR as per government sources and would reach nearly 1.6k million US dollars by 2025. So, the edge services act as a potential autonomous digital source that would have a greater contribution to technological growth.

The core of an IoT solution is typically a central IT system for storing, processing, and analyzing IoT data. And much of this IoT data often can be located in the cloud, away from the core. 

Edge processing can address these challenges. An edge processing unit is a physical device, typically referred to as an IoT gateway, also called a fog node. It connects to devices that are away from the core (often referred to as devices “at the edge”) via communication protocols like Low-energy Bluetooth or ZigBee. At the same time, it also connects to the core directly using high-speed internet. Additionally, gateways provide security and lifecycle management at the edge, such that the edge is a sustainable and manageable compute unit. The hardware used for such gateways ranges from high-powered, rack-mounted servers to smaller devices with embedded ARM processors and anything in between. 

IoT edge computing describes the capability of processing, storing, and analyzing sensor data as well as decision making at IoT gateways.

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BMC’s Vision on an IoT Edge AI-Based Computing Solution

BMC’s vision on Edge Services would include the following*:

Persistence Service – store IoT data on IoT gateways. IoT administrators can configure which data should be stored locally and set a data aging policy.

Streaming Service – analyze IoT data streams. IoT administrators can define conditions with adjustable time windows to identify patterns in the incoming IoT data as a basis for automated events. For example, certain conditions can initiate transactions and notify appropriate parties.

Business Transaction Service – execute business transactions at the edge to provide continuity for critical business functions even when the edge is disconnected from the core.

Predictive Analytics Service – use predictive models for analyzing the IoT data. The predictive algorithm is constantly “being trained” and improved in the core based on all available data. The resulting predictive model is then sent to the edge and applied there.

Machine Learning Service – apply BMC’s deep learning algorithms at the edge specifically for image and video analysis.

Visual Analytics Service – explore visually IoT data stored on IoT gateways. IoT data analysts can visually inspect the data collected at the edge. For example, after an alert has been sent to the core, an analyst can dig into the details which led to the alert.

Conclusion

As IoT technology becomes more entrenched in our everyday lives, industry-leading organizations understand that the devices are not the end game. Rather, when IoT technology, architecture, automation, and human intelligence work together in harmony, IT leaders can drive operational efficiency, reduce time spent on mundane, administrative tasks and fortify network security to deliver enhanced end-user experiences. This is the autonomous enterprise vision that we’ll continue to see come to life in stores, schools, and cities. 

IoT edge computing is playing an increasingly important role in IoT solutions. The industry trend is to deploy functionality as microservices and use container technology for lifecycle management and other benefits that come from isolation.

BMC’s Vision on an IoT based Edge Services and the Autonomous Digital Enterprise represents the forefront of defining and providing relevant edge computing functionality such as persistence, stream processing, visual and predictive analytics, and other microservices for the edge. These services are designed for implementation on both existing and emerging edge platforms.

BMC’s Vision on Edge Services is unique in that it provides:

? a distributed programming model for the edge and the core which allows the solution to be placed where it is optimal for a specific scenario

? a lifecycle model for edge services, the edge platform, and the attached devices and sensors

Jagdish Kumar Vinjamuri

Product Management Professional

5 年

Most IoT solutions that are in the market are predominantly cloud based aggregating solutions. If an enterprise has to be truly digital specially the manufacturing vertical, the emphasis must be on edge computing as the reaction time to correct the anomaly must be much lesser when compared to a cloud based solution. I would use the edge computing with ML and AI to keep the systems running 24 x 7 whereas use the cloud computing to do more reporting and improve the core system

Sairam Vedam

CMO|Business Marketing|M&A,Corp Dev|CSO|NUS&IIM-K Alum|Forbes,HYSEA& Nasscom Council Member|(Ex)CMO Kore.ai|(Ex)Bain&Co|B2B Marketing-Software Products& IT Services|Gen AI| Digital|AI,ML,IOT,SaaS|Angel Investor|CSR

5 年

Sam Lakkundi this is great. Enabling a truly digital Enteprise and ability to offer Service Intelligence leveraging IOT, Edge analytics, AIOPs will be a great value proposition. Aligning with BMCs vision here as a partner and working towards the same at #Innominds.

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