Welcome to the Dynamic Digest, a weekly recap of the latest news happening in our industry. Want the pulse of what’s going on in enterprise software and analytics, performance management, cloud computing, data, and other like topics? We got you covered!
This week in the world of technology, the Internet of Things made a splash, AWS re:Invent kicked off, the European Court of Justice deemed “Safe Harbor” invalid, and Gartner announced its top 10 tech predictions for 2016
EU Court Says Data-Transfer Pact With U.S. Violates Privacy – The Wall Street Journal, October 6
The European Union’s top court ruled that “Safe Harbor,” a 15-year-old agreement that allows American companies to transfer European citizen’s personal data from Europe to the United States is invalid. The ruling stemmed from a complaint made by an Austrian individual who declared that his data was not being sufficiently protected by Facebook, according to the leaks made by Edward Snowden. Because the EU and U.S. hold different privacy regulations on data transfers, the pact was designed to ensure transfered data had security protections that complied with EU standards. Used by roughly 4,500 companies, the pact will inhibit the ability for companies to transfer Europeans’ personal information to the U.S. and may ultimately result in fines or demands to halt data flow.
Key takeaway: What does this mean exactly for technology companies? Well, the major tech players, including Amazon, Apple, and Google don’t appear to be too concerned. Apparently, big companies have set up other processes and methods that allow data to be transferred, apart from the Safe Harbor pact. For smaller companies, however, it won’t be so easy. Meanwhile, the EU and U.S. are working to update the Safe Harbor agreement, but European citizens remain hesitant as the potential for their personal data to be exposed and under surveillance by the U.S. government is slightly unsettling.
The idea of having a robot helping your child with your homework sounds somewhat farfetched, right? Gartner doesn’t think so. Gartner recently announced its top 10 strategic technologies for 2016, focusing heavily on architecture and the “digital mesh,” combining the Internet of Things, robotics, smart machines, mobile devices, and algorithms. During the Gartner Symposium ITxpo, Gartner introduced the digital mesh which refers to the growing collection of endpoints that individuals use to access applications and data or communicate with people, government, businesses, etc (think smart devices, mobile devices, wearables).
Key takeaway: Based on Gartner’s predictions, the digital future will consist of robot bosses, personal digital assistants, smart devices, automation play, 3D printing, and other smart machines. With the Internet of Things being top of mind in the tech world, a personal robot assistant does not seem too far off. However, while these are merely predictions, it will be interesting to see which companies adopt and invest in these technologies in the coming year. To read all ten predictions, visit NetworkWorld.
Amazon sets sights on massive Internet of things opportunity with new cloud offering – Fortune, October 5
During Amazon Web Service’s re:Invent conference on Wednesday, the company unveiled a new cloud-based business intelligence tool, QuickSight. QuickSite is designed to help employees of all levels make better business decisions by providing accessible, insightful, yet understandable data analytics. The tool will be integrated with AWS’ services, allowing customers to gain insight into data stores quickly, as well as access to live dashboards and data visualizations.
Key takeaway: With this newest addition, Amazon is making it clear that they’re a major powerhouse in the cloud computing world. Although the BI market is quite competitive currently, Amazon made sure to differentiate itself from the competition. Not only is the tool highly scalable, but it is a tenth of the cost of a standard business intelligence service. QuickSight is currently in its preview stage, so we will have to wait and see just how it compares to other cloud-based BI tools.
Apple Acquires Startup Developing Advanced AI for Phones – Bloomberg Business, October 5
This week, Apple acquired Perceptio, a deep learning startup specializing in an advanced artificial intelligence system for smartphones. The technology allows phones to identify and classify photos without sharing as much user data in the cloud. Its founders, Nicolas Pinto and Zak Stone, are both prominent AI researchers focusing in image-classification systems through deep learning.
Key takeaway: It remains unclear what Apple’s plans are with Perceptio, but the acquisition does not come as a surprise. Apple occasionally purchases smaller technology companies, but the company is not vocal about its purpose or plan. How will Apple incorporate Perceptio into its devices? We aren’t quite sure yet. In the meantime, get excited about the potential of having a Siri-like (more intelligent) digital personal assistant, thanks to another acquisition Apple made last week of VocalIQ.
Cisco teams up with robot company so it can watch hundreds of robots on factory floors – Business Insider, October 5
Cisco CEO, Chuck Robbins, recently predicted what he believes will be “bigger than the first wave of the internet.” That prediction? The infamous Internet of Things (IoT). During a press conference on Monday, Cisco made more than a prediction— it announced a new partnership with robotic company, Fanuc. The two companies have developed an IoT system that enables Fanuc to observe every single robot on the factory floor, predict and identify if and when a specific robot is experiencing performance issues. If a robot appears to be failing, a service technician will be able to fix the robot before or immediately after it malfunctions. Fanuc and Cisco are working towards “zero downtime,” currently testing roughly 1,800 robots and working with GM, a customer of Fanuc.
Key takeaway: Andy Denny, VP of Robot Operations at Fanuc, described this new development as a total “game changer” and a game changer it is. The partnership already seems to be successful, with Fanuc customers saving a whopping $38 million. Not only will customers save money, the development of connected robots will expedite manufacturing productivity. However, these new developments may not bring excitement for everyone. If Fanuc begins cutting employee compensation costs, the need for its human employees may potentially decrease, which raises concerns.
We hope you enjoyed this week’s Dynamic Digest weekly roundup! Have a suggestion or preferred topic you would like to see next week? Tweet at us or leave a comment below!