In 2017, artificial intelligence (AI) and the Internet of Things (IoT) were the hottest technology trends, garnering a lot of attention from technophiles. There is no doubt that these two technologies are going to revolutionize the digital world in the same way smartphones transformed the first decade of the 21st century.
The typical smart home is comprised of internet-connected or Internet-of-Things (IoT) devices, which enable the remote monitoring and management of appliances and systems. Some of the most popular IoT applications in the home include security and lighting, according to a survey of 7,000 consumers across seven markets conducted by GfK in 2015. (See Figure 1.)
Now-a-days when somebody talks about IoT, applications that comes to your mind would be smart home or smart city, geo-positioning and smart fitness devices. These may seem quite exciting for the general public, but for a technologist, the question becomes what to explore next and play with?
The Internet of Things (IoT) connects smart objects that can sense and manage our environments, be they homes, vehicles, factories, supply chains, cities or power grids. IoT objects transfer data over networks using IP address connectivity. The IoT market is growing rapidly and will to impact many aspects of life and work in the coming years. Thanks to IoT, a huge volume of data is being generated and transferred across networks. Ensuring this data is reliable, secure and authentic is perhaps the most critical challenge facing the growth of the IoT market.
As the world transitions from 4G to 5G, lots of applications are moving toward the cloud, which heralds the commercialization of transformative technologies such as augmented reality (AR), connected vehicle and Internet of Things (IoT). Most of these technologies rely on mobile infrastructure and cloud computing that together provide real-time, context-based services to the end user.
The billing system-also known as the business support system-is a vital tool for communications service providers. The system bills end customers and manages payments to service providers. Having an efficient, feature-rich and “smart” system is essential as technologies such as Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP), Internet of Things (IoT) and Advanced Analytics become more pervasive.