The Empowered Edge. Edge computing will become a dominant factor across virtually all industries and use cases as the edge becomes empowered with more sophisticated and specialized compute resources and more data storage. The goal of edge computing is to keep the traffic and processing local in order to reduce latency, exploit the capabilities of the edge and enabler greater autonomy at the edge. The focus on the edge currently stems from the need for Internet of Things (IoT) systems to deliver disconnected or distributed capabilities into the embedded IoT world.

Over time, the edge will create an unstructured architecture consisting of a wide range of “things” and services connected in a flexible mesh linked by a set of distributed cloud services. In the future, a smart “thing” such as a drone, might communicate with an enterprise IoT platform or city-level local cloud services then conduct peer-to-peer exchanges with nearby drones for navigational purposes.

Blockchain enables participants in a network to trace assets back to their origin that not only benefits traditional assets but paves the way for uses such as tracing food-borne illness back to the original supplier. Blockchain allows multiple partners who don’t know each other to safely interact in a digital environment and exchange value without the need for a centralized authority.

Blockchain still remains immature for enterprise deployments due to a variety of technical issues such as poor scalability and interoperability. However, blockchain has the potential to reshape entire industries by enabling trust, providing transparency, and enabling value exchange across business ecosystems – potentially lowering costs, reducing transaction times, and improving cash flow. Some of the biggest use cases including asset tracking, automated claims processing, internal and shared record-keeping, as well as smart cities and IoT.

Business to Business. Business-to-Business are classified as executing transactions between businesses. These businesses are manufacturing, retailing, wholesale, and social media networking. Technology and the Internet has transformed the way business-to-business industry function and positively influence purchasing decisions, research, shopping, and supply chain. Entrepreneurs abstractly make business locations their central theme in planning and constructing a physical building.    

Once they embark upon their venture, and financial considerations are rendered, then comes the issues of the infrastructure that encompass computers, servers, networking, data, storage, physical and virtual facilities as well as software, processes, policies, staffing, training, security, mobile and virtual functionality, and cloud-based services that make up the IT infrastructure.

• Strategic Planning
• Digital Transformation
• Innovation
• Business Planning
• Infrastructure Planning
• Managed Services  

Business to Business Support

Skafos Consulting offers business consulting, IT consulting and business strategy to help redefine small and medium-sized business accelerating scientific, insight and discovery. In addition, our engineering consultants offer engineering-related services such as design, supervision, execution, repair, operation, maintenance, technology, creation of drawings and specifications, and make recommendations to public, companies, firms and industries.

Skafos Consulting will work closely with your IT team to identify best ways to modernize your environment into a digital industry to create greater performance. Delivering the right services and experiences should enable the organization to achieve its goals, objectives, mission, and supporting the organization’s strategic intents. As we continued to offer support and services beyond disrupting day-to-day operations, do not hesitate to contact us about some of our services.

Human augmentation refers to the use of technology to enhance a person’s cognitive and physical experiences. Examples range from miners using wearables to improve worker safety to exploiting information and applications to enhance learning or new experiences.

Physical augmentation will change the physical capability by implanting or hosting a technology within or on the body, while cognitive augmentation enhances a human’s ability to think and make better decisions. Enterprises of all types and sizes are considering human augmentation to achieve various business outcomes. Human augmentation will be a primary means by which individuals interact with each other and with the smart spaces around them.

There are five major areas businesses must look at when choosing human augmentation technologies including security. This is risk is across an attack surface that’s no longer tied to a specific device or physical location but will travel with the person. The other major areas including data privacy, government and regulatory compliance, potential long-term mental and physical health impacts, and serious ethical issues.

Transparency And Traceability

The modern IT world has created a trust crisis, said Gartner, as consumers are now becoming more aware of how their data is being collected and used. Artificial intelligence and machine learning to make autonomous decisions are increasingly used to make decisions in place of humans which drives the need for ideas like explainable AI governance.

By 2025, 30 percent of government and large enterprise contracts for purchase of AI products and services will require the use of explainable and ethical AI, according to Gartner.

Legislation such as European Union’s General Data Protection Regulation is being implemented around the world as people begin to lay the ground rules for organizations. Gartner said transparency and traceability are critical elements to support digital ethics and privacy needs around personal and an organization’s information.