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Various analysts put the market estimate at several hundreds of billions US dollars with double digit CAGR growth. Much of this growth is being fuelled by the digitalization of the sector as emerging IT technologies such AI, big data and analytics are improving efficiencies and unlocking insights that would otherwise be unattainable.
The digitalization of information is underway. It is enabling the use of data to better understand our preferences and provide us with the services that match our needs. At home, the data collected and analyzed ensures that the preferred room temperature is calibrated depending on the occupancy and time of day. Farm animals are monitored from afar to provide the correct quantities of food and water for consumption and guard against illnesses. Manufacturers rely on digital twins to enhance their production capabilities and predict glitches before they occur. Information is being gathered, analyzed and applied to improve experiences in all parts of our lives.
The Internet of Things (IoT), increased connectivity and advances in artificial intelligence (AI) technologies, such as algorithms and machine learning are enabling industries to streamline processes, improve efficiency and reduce costs as they become more digitized.
Information technology has penetrated our homes, cities and workplaces, as billions of “sensorized” devices and systems that form part of the internet of things (IoT) help to simplify how we work, communicate and carry out daily tasks.
The world has never been more connected and surrounded by ICT. Whether we realize it or not, many aspects of ISO/IEC JTC 1 work affect daily life. From a smart toothbrush, animal tracking collar and household appliances, to health monitoring wearables and smart systems in buildings and transport, the list is endless.
The sparc-FMA International Lighting and Facilities event, organized by the Facility Management Association (FMA) took place from 30 May to 1 June, in Sydney. During the event, more than 60 exhibitors, including lighting manufacturers, suppliers and service providers, showcased the latest innovations in the two industries.
One aim of the Council Open Session, held on the Friday afternoon during the IEC General Meeting in Frankfurt, was to summarize and conclude the week-long activities and presentations in the Reinvention Laboratory.
As more areas of our lives become connected to the Internet of Things (IoT), the work of experts in ISO/IEC Joint Technical Committee (JTC) 1: Information Technology, who develop worldwide International Standards for business and consumer applications in Information and Communication Technologies (ICT), is increasingly crucial.
Global authorities and industry agree that policy, regulations and International Standards must be established urgently so as to allow fully driverless vehicles and instil consumer confidence in them
Authorities around the world are under increasing pressure to provide transport networks which are safe, efficient and durable. Two of the biggest challenges faced are road safety and congestion, as well as managing the pollution that results from the latter. The World Health Organization (WHO) Global status report on road safety 2015 cites 1,25 million road deaths per year worldwide.
As information technology becomes ever more pervasive in our daily lives, one large group of experts is at the forefront in helping to secure our digital environment. Their work covers fields such as data security, cloud computing, mitigating cyberthreats, audiovisual and multimedia advances – all within the remit of ISO/IEC Joint Technical Committee (JTC) 1: Information technology and its Subcommittees.
Mentions of "the cloud" can be found every day as its significance increases for businesses, whether big or small, and for individuals. However confusion still reigns in most people's minds as to its definition and characteristics, with many not even realizing they have been using cloud applications for years. It is seen as offering significant economic advantages as well as presenting a number of challenges and issues that need addressing. The IEC has started working on this in some areas.
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- IoT (96)
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- IECRE (42)
- AI (41)