Tag: data scalability

According to McKinsey Digital, a new device connects to the internet every 127 seconds. And by the end of 2022, the world had over 18 billion active Internet of Things (IoT) devices, reports Ericsson. Yet, the 'IoT' buzzword belongs in the past, as today, we can call it 'business as usual'. Monitoring machines, infrastructure and their processes are now as important as being connected.

The 4th Industrial Revolution (4IR), driven by the rapid pace of disruptive innovation and exponential technological breakthroughs, has changed the way we live, work and interact with each other. It is characterised by unprecedented processing power, storage, access to knowledge and the blurring of lines between physical, digital, and biological space.