Connected IoT Solutions: If Data is the New Oil, then AI is the New Engine
IT - ROUNDTABLE
How can you create an infrastructure that securely extracts, refines, and delivers data from ‘things’ to AI engines – all to create intelligent, actionable insights?
According to the International Data Corporation, by 2025 there will be 41.6 billion connected IoT devices that will generate 79.4 zettabytes (ZB) of data. Storing, processing, and managing the flow of such a vast amount of data is a complex task for businesses, to put it mildly. In such a case, the Cloud platform acts as a catalyst by providing storage space and cloud computing allows the analysis, processing, and managing of the data enabling IoT systems to work more efficiently.
The problem is that it can take 12-24 months for a manufacturing company to build and stabilize its own IoT Platform and solution in-house. Fortunately, there is an alternative to building from the ground up that can accelerate development and reduce time to market by more than 50%. But what is that alternative and what does it entail?
Join Avnet, AWS, and an exclusive group of likeminded manufacturing executives as we look at the challenges you’re facing on your IoT journey, as well as how a proper IoT cloud strategy can help integrate cloud connected devices and products while gaining valuable data insights.
About Avnet
Avnet is a global electronic components distributor with extensive design, product, marketing and supply chain expertise for customers and suppliers at every stage of the product lifecycle. For the past 100 years, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology.
Our culture was founded on new ideas and emerging technology. Headquartered in Phoenix, Arizona, Avnet is a top 3 global distributor of electronic components, with FY21 revenue of $19 billion. Avnet serves more than 300 suppliers and 100,000 customers worldwide with operations in more than 300 locations and 140 countries in North America, Europe/Middle East/Africa (EMEA), and Asia-Pacific.
About AWS
For over 15 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud offering. AWS has been continually expanding its services to support virtually any cloud workload, and it now has more than 200 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 84 Availability Zones within 26 geographic regions, with announced plans for 24 more Availability Zones and eight more AWS Regions in Australia, Canada, India, Israel, New Zealand, Spain, Switzerland, and the United Arab Emirates. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs.
Discussion topics
Where are you on your IoT journey, and what challenges have you been facing?
Are you leveraging AI/ML in the products you design and sell, or are already utilizing?
How are you connecting devices to the cloud?
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