Tech Dev Now Blog

Many new paradigms for digital transformation have been enabled by successful IoT deployments. These are concrete business outcomes that can be achieved in the industry. One of these rapidly growing trends is the "digital twin." Gartner listed the digital twin among the top 10 strategic tech trends for 2017-2018 and 2019. According to Gartner, digital twins will soon be used to represent billions of items in three to five years. MarketsandMarkets estimates that the global market for the digital twin was 3.1 billion USD in 2020 and will reach 48.2 billion USD in 2026, at a 58% compound annual growth rate. What is a digital twin? A digital twin can be described as a virtual representation or a copy of a physical thing. One thing could be a plane engine, a car or a building, or even a bridge. These sensors collect data which is then mapped onto the virtual model. The digital twin allows people to view vital information about the physical thing in the real world. Digital twins ha...

Ever wonder how smart everything is? How can gadgets make human-like decisions and be smart? The answer to all these wonders is hidden in the buzzwords AI (Artificial Intelligence) and IoT(Internet-of-Things). These are highly innovative technologies that can be combined to create the AIoT (Internet-of-Things) which has the potential to transform the world. AIoT (Artificial intelligent of Things), is revolutionizing every industry with its rapid technological advancements. AI allows for intelligent task execution and real-time analysis. IoT bridges between devices. Combining these technologies will make each other's apps more powerful and effective. IoT is used to collect data and store it in the cloud. AI, however, is the brain that actually makes decisions and stimulates the machines to react. What is AIoT? Why is it important? AIoT is the integration of AI technology with various IoT components. Combining AI and IoT is a key to accelerate technological development in the digital...

Blockchain technology is disruptive and has revolutionized nearly every industry including finance, healthcare, supply chains, and many others. Blockchain technology has been proven to be the best and most efficient in managing data securely and privately. Blockchain technology is proving to be a promising new technology. The growing number of Blockchain platforms is helping to support and accelerate the development of blockchain-based platform. The demand for Blockchain has been recognized by businesses who have begun to develop innovative Blockchain applications. What is a Blockchain platform and how can it help you? A Blockchain platform allows the development of permissioned and unpermitted Blockchain applications. Hyperledger, Ripple and R3 are just a few of the Blockchain platforms that allow developers to create host applications on the Blockchain. These are the factors that will help you choose the best Blockchain platform: Status of development The blockchain platforms' re...

In today's digital age, the only constant is change. Technology-driven change is the only constant. The difference between a successful company and one that fails is how well it adapts to digital transformation. According to Deloitte, "Digital Transformation" is simply becoming a digital enterprise. This means that the organization uses technology to continuously grow and transform its business models. It also includes changing the delivery of services, interactions with customers, and other essential operations and procedures. Marketsandmarkets predicts that the global market for digital transformation will reach 1009.8 billion dollars by 2025. This growth is driven by innovative technologies like Cloud computing, IoT and Big Data, and Analytics as well as Artificial Intelligence and Blockchain. What is digital transformation? Digital transformation can refer to everything from digital optimization and IT modernization to the innovating of new business models. Technology...

Numerous organizations have shown interest in blockchain technology, from startups to Fortune 500 corporations and enterprises. A wide variety of industries have discovered blockchain applications, including supply chain management, finance, real-estate, and many other. Blockchain is no longer limited to cryptocurrencies. It is instead the basis of decentralized application (dApps). dApps use protocols that are not dependent on trust and run on a distributed network. There are many blockchain platforms that enable the development of dApps quickly and seamlessly. Tezos among all the available blockchain platforms is the most open-source platform for developing applications and assets. It is supported by an international community of researchers and builders. Tezos, which is designed to provide code correctness and safety, addresses some of the obstacles that block blockchain adoption. This includes open participation, long-term upgradeability and smart contract security. Its modular...

The possibilities of IoT are transformative. It empowers businesses to adopt data-driven approaches, which allows them both to create new business models as well as allow for the optimization and modification of existing operations. IoT collects data from multiple devices. Therefore, there are many intricacies to consider when it comes to data collection. IoT device monitoring is vital. It is crucial for maintaining security and monitoring connected devices. IoT device control has become more crucial as IoT adoption increases across industries. IoT Device Management is an essential requirement for the successful deployment an enterprise's IoT Solution. What is IoT Device Management, you ask? IoT Device Management covers processes such as registration, configuration, provisioning, maintenance, and monitoring connected devices. IoT device administration is included in the offerings of all the major cloud providers such as AWS IoT Hub or Google Cloud IoT. Their device management solut...