IOT, BLOCKCHAIN AND AI. THE 3 EMERGING TECHNOLOGIES DRIVING IT SPENDING IN 2018

By: Sarah Wheeler6, March, 2018. 
https://www.iottechexpo.com/2018/03/iot/iot-blockchain-and-ai-the-3-emerging-technologies-driving-it-spending-in-2018/

In 2018, worldwide IT spending is predicted to hit $3.7 trillion, an increase of 4.5% from 2017 according to a recent report by Gartner. The increase in spending will be driven by emerging technologies; IoT, Blockchain and AI are projected to be the key growth areas.

Many feel the game-changer for emerging technologies lies in the convergence of IoT, Blockchain and AI. Recently IoT Tech Expo speaker, Cisco’s Maciej Kranz* stated that 2018 will be the time when the leading technologies of today; AI, IoT and blockchain will converge to power new solutions. And we can already see an example of this from Porsche which is currently testing IoT, AI and blockchain technology solutions for smart cars. The applications tested include locking and unlocking the vehicle via an app, temporary access authorisations and new business models based on encrypted data logging. Porsche states that this could be developed further, for example, to improve autonomous driving functions.

And we can already see an example of this from Porsche which is currently testing IoT, AI and blockchain technology solutions for smart cars. The applications tested include locking and unlocking the vehicle via an app, temporary access authorisations and new business models based on encrypted data logging.

Considering the power of these 3 technologies – and the potential when used together, the IoT Tech Expoevent will be hosted alongside the Blockchain Expoand AI Expo so attendees can explore the 3 ecosystems in 1, and gain insight into the impact they will have across a number of industries. The 2018 World Series is set to welcome 34,000 attendees, 1000+ industry leading speakers and 900+ exhibitors with events taking place in London on the 18-19 April, Amsterdam on the 27-28 June and Silicon Valley on the 28-29 November.

Over the two days, there will be 18 conference tracks with key topics examined including:

• • Transport: Fleet management, railways, connected vehicles, road monitoring, airlines, maritime ports
  • Supply Chain: Asset management, retail, consumer goods, geolocation, warehouse management, logistics, food tracking with blockchain, error reduction, data sharing
  • Smart Buildings & Manufacturing: Connected factory & facilities management, smart factories, construction, process efficiency
  • Energy & Utilities: Energy grid, analytics, smart grid data management, energy management systems, efficiency, predictive AI technologies, energy trading with blockchain applications
  • Smart Cities: Intelligent city management, global city partnerships, sustainability, connectivity
  • Finance & Insurance: transforming services through blockchain, smart contracts, cryptofinance, ICOs, banking, automated advisors, fraud reduction

The 2018 World Series is set to welcome 34,000 attendees, 1000+ industry leading speakers and 900+ exhibitors with events taking place in London on the 18-19 April, Amsterdam on the 27-28 June and Silicon Valley on the 28-29 November.

• Healthcare:preliminary & automated diagnosis, virtual nursing assistants, robot-assisted surgery, moving patient data with blockchain, privacy and security
• Government & Public Sector:significance of emerging tech, legislation, regulation, ethics, economic & societal implications, potential blockchain uses for NGOs
• Marketing, Retail & Consumer Experience: chatbots, predictive analytics, deep learning tools for personalisation, algorithms, facial recognition, piracy, real estate