Are You Ready For These World Changing Technologies In 2018?

Buckle up, because the coming year will usher in a number of absolutely world changing technological advancements in industrial manufacturing.

These trends have to potential to revolutionize the way business is conducted across the globe and the way we as individual interact with businesses. Beginning with the very tools we use to buy things, entertain ourselves, and keep track of our lives, these technological trends for 2018 will change everything about how we use our gadgets and the systems which operate them.

A recent issue of Forbes lists a number of “mega-trends” for the coming year and beyond. One coming trend of particular interest is what is commonly called the Internet of Things (IoT).

The IoT is made up of connected devices together with the data these devices both collect and generate. And it’s no longer just smartphones and computers. Hydraulic presses, parts washers, pneumatic conveyors— just about everything is being linked to the internet and each of these things can and will be synced to each other.

There are over 8 billion “things” connected to the internet at this time. This is a 30% increase over the previous year, and the number is only going to increase and it will increase exponentially as the number of things that can be linked to the internet increases.

As Forbes reports, essentially anything can be wired for the internet these days. It’s estimated by 2020 a quarter of a billion cars will be linked to the internet. All of these can and likely will be synced to every other electronic device a person owns. The data from linked and synced automobiles can be used to send messages to drivers about mechanical problems and maintenance issues. The data from the car be linked to manufacturer databases and so on in industries such as forgings, magnets, and carrying cases.

Imagine yoga mats which track your progress or electronic music systems which are synced with every other entertainment device so that each begins to predict what we want and offer it before we think of it. It is a seemingly limitless set of possibilities which, again, continues to generate more possibilities.

Beyond the implications for personal use, the IoT will find continue to find its way into areas such as medicine. Anyone with an electronic heart monitor, for example, can be connected with health care professionals so that real-time data can be monitored and potentially life-saving information can be processed through power cords and membrane switches. In the coming year and beyond, everything will be linked together.

1. Analytics
   

Another world changing trend in technology is in data analytics. As a growing technology, analytics works in tandem with the IoT. The massive amount of data generated by the IoT was until recently unmanageable. There was just no way to use this much information in a way that was effective.

However, recent developments and technological advances have made this data into something much more usable. This data now runsin what are called “data rivers” and data lakes.” We are talking about data on the level of petabytes– that is one million gigabytes. Using big data tools like Splunk, this data can be mined, organized, and acted on appropriately and used in industrial supply, ceramic manufacturing, and bulk material handling.

The uses and benefits of this data for marketing and business are fairly obvious. Using predictive analytics tools, companies can cull massive amounts of data and then predict the kinds of things consumers are going to want even before these things are actually on the market from load cells to electronic enclosures to environmental chambers.

But beyond selling things, one airplane manufacturer is using predictive analytics synced with sensors built into planes to assemble data so they could predict when mechanical failures were likely in their airplanes. These are life-saving technologies.

The various forms of data analytics which are growing and will continue to grow are too numerous to name them all, but one more example that’s tied to the IoT is stream analytics, in which data from vast and disparate sources can be filtered, aggregated, and enriched for flow instrumentation and plastic molding.

What this means is that all that data coming in from synced “things” can be processed in real time or near real time and transformed into useful information. In short, the disparate forms of mass data are directed into categorized and unified streams which can then be “harvested,” for lack of a better word. All of this can utilized for a number of applications. Stock trading analysis, fraud detection, and web clickstream are all processes which use steam analytics and will be used in many manufacturing industries such as rubber molding, material handling equipment and plant and facility equipment.

1. Artificial Intelligence (AI)
   

Another important technological trend is artificial intelligence. As AI increases in sophistication, it spreads into more and more areas. Siri, Cortana, Alexa, and other digital assistants are becoming quaint in comparison to some of the advances expected in AI.

The proliferation of intelligent apps working between people, electronic devices (and devices soon to be electronic), and the commercial and information systems which drive these apps are laying the ground for “virtual customer assistants.” These are AI systems go far beyond responding to voice commands and questions and actually anticipate needs based on the data links built into the apps and devices which run parts washers, ultrasonic cleaners, vacuum cleaners, and dust collectors.

Underlying AI technology are a list of related emerging technological fields. At the top of this list is deep learning technology, which utilises and learns from images, audio, and text data. Because this technology “learns” from this data, it is capable of predicting and providing information when it is necessary.

This technology can then predict emerging trends and problems and respond with solutions and answers.

1. Digital Twins

As if to bring all of these advancements and trends together into one system, Gartner predicts a growing use of digital twins. Simply put, digital twins is a virtual system which mirrors the real-world systems of the IoT.

A digital twin is a virtual model of a product, system, or service. By operating the digital twin and using the emerging technologies of AI, every potential use and problem can be run in the virtual realm before it is encountered in the real-world.

Problems, issues, and new ideas can be handled in a virtual, digital twin environment as a model of what people, businesses, and other sectors may need and want. The digital twin runs models and anticipates problems well before these problems develop. As of now digital twins have already become an essential part of business models, but applications in science and other sectors are developing as the technology grows.

To read more please click on: http://sizzlingnews.in/are-you-ready-for-these-world-changing-technologies-in-2018/6/

© Copyright 2018 © Sizzlingnews.in .All rights reserved.
(This article is originally written by: iqsdirectory)

Note: This article is published on sizzlingnews.com by request and permission of http://www.iqsdirectory.com. None copyright over ruled.