In the future, it is likely that individual products such as the iPhone or Amazon Echo speakers would no longer be at the centre of attention, but rather networking and the accompanying flood of data in the software-defined world and exist with the help of artificial intelligence. Already we can see the progress of wearable consumer products like Samsung Galaxy LTE.
Ultimately the consistent continuation of technology began with digitization. So not the products themselves, but rather the collected data and information would significantly determine our future. Because with the increase of every networked product, the number of information and data sources increases. Also, the cost of the tiny things is decreasing. ESP32 is a good example of SoC which still not fully utilized. Samsung Galaxy LTE is too much powerful beside it. The intelligent use and linking of data will be more important. Big Data and Analytics are no longer limited to the business world. Finally, data about end-users could be used as intelligently as data in the corporate network. Many things – from the smartphone to the tablet to the games console and the fitness tracker – are now based on cloud computing as in the corporate environment. Without reliable cloud platforms such as Amazon Web Services (AWS), Microsoft Azure, Google Cloud, or IBM Watson, the complex features of many products would not be usable. Conversely, the data collected by the sensors and terminals become an invaluable asset for the companies they analyze and use. The fact that data and its insights are the keys to innovation and success.
Data also determines consumer decisions
Today’s almost every decision, whether it’s a consumer or a business decision, is ultimately based on information and data. The future, therefore, includes artificial intelligence (AI) and self-learning machines that put together and use all this information and data. Based on the previous behaviour and the data of his smartphone, car and smartwatch can be offered to a consumer as custom-tailored. The smart and networked solution sometimes knows what the consumer likes to do – and wants to do in the future.
The introduction of the new 5G mobile communications standard is a hallmark, which will network significantly more devices and provide the necessary bandwidth to provide all captured data virtually in real-time. The collective data collection network grows even faster, encompassing our homes, cars and gadgets, as well as companies we work with privately or professionally. The larger this network becomes and the more data is analyzed and analyzed, the more realistic is an intelligently networked society that will change our daily lives sustainably.
The biggest concern on the way to such a data age should be the protection of personal data. Although there are already some Data Protection Regulations. But these are often overridden by consumers, in which innocent and ignorant of the general terms and conditions of the provider is approved. Because not infrequently, an agreement without having read the fine print clicked to use a new service directly. And then even the best data protection law helps little.