Industry IoT Consortium
What are the economics behind the emerging market for fog computing? Fog computing enables advanced digital deployments in AI, IoT and 5G, and also creates new business models from new services. Yet there are additional economic factors at stake. In this article, we take a look at the network economics pricing policies and incentive mechanisms for networked or computing systems.... Read more →
According to the FAA, last year more than 670,000 drones were registered in the U.S. alone. Drones – also known as unmanned aerial vehicles (UAVs) – are poised to transform key industries by providing cost-effective new services. While drones are really cool, so are all the ground support elements and software algorithms needed to make the operation of a large fleet safe and efficient. Many of these elements require local intelligence. That’s where fog computing and fog networking come in.... Read more →
The US power grid is a machine on a truly gigantic scale. And it is also inherently distributed and decentralized: there is no single central controlling authority, rather a set of connected, interacting organizations that make energy management decisions in their own scope but coordinate with each other. The power grid is also changing: from the radial model where the power generated in large power plants is distributed to consumers to a model where customers are both producers and consumers of energy. These properties make the power system a prime target for fog computing applications.... Read more →