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What product will never become obsolete?

  Identifying a product that will never become obsolete is a inspiring task due to the rapid pace of technological advancements, changing consumer preferences, and evolving market dynamics. However, certain products have demonstrated enduring value and adaptability throughout history, making them seemingly resistant to obsolescence. While no product is immune to potential replacement or transformation, several categories stand out for their resilience and timeless relevance. 1. Food and Agriculture: Food is a fundamental requirement for human survival, making agriculture an industry that's unlikely to become obsolete. While farming methods and food production technologies evolve, the need for sustenance remains constant. Innovation in agricultural practices and the development of sustainable farming techniques may change how food is produced, but the demand for nourishment will persist. 2. Healthcare and Medicine: The healthcare industry, including medical treatments, phar
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Limit of IIoT evolution

As previously posted in The World of Evolution of the Internet of Things by Jason Andersen

The global Industrial Internet of Things (IIoT) market is growing rapidly, encompassing industries across all sectors. The latest research estimates that IIoT will add $ 14.2 trillion to the global economy by 2030. And as the global industrial Internet of Things develops, the hype around advanced computing grows in parallel. Operators are starting to channel more computing power to the edge of their networks, where IIoT functions actually reside.


Looking at industry organizations, we can see an interesting evolution taking place as companies implement IIoT systems. Operational Technology (OT) groups have historically focused on automation equipment - hardware and software - in their wheelhouse, but they are increasingly starting to focus less on the tools themselves and more on the data generated by their systems. Organizations are becoming more data-driven than application-driven — even more realizing that data and analytics have a great potential to unleash business value.

What is driving these changes?

Top priorities for creating value with IIoT include business continuity and new cost efficiency. While this is not expected to change, many companies are also starting to use hybrid clouds to better distribute workloads — especially for mission-critical functions — as well as real-time processing. As automation grows, data will turn IIoT into a long-term business goal and become a competitive advantage for industrial operators.

This shift is also driven by explosive growth in data volumes - and business proof of the value of that data. Data and analytics can now provide information that helps companies make informed decisions. However, as more data becomes available, we will see these ideas become more intelligent and invisible - systems will soon allow real-time optimization and autonomous decision-making based on artificial intelligence without the need for human intervention.

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