Welcome!

FinTech Journal Authors: Liz McMillan, Zakia Bouachraoui, Carmen Gonzalez, Yeshim Deniz, Elizabeth White

Related Topics: FinTech Journal, Containers Expo Blog, @CloudExpo, @ThingsExpo

FinTech Journal: Article

Crossing the Line from Virtual to Real | @ThingsExpo #IoT #M2M #AI #Sensors

Virtual reality moves to Real Reality with sensors, feedback and digital transformation

I was on a high-rise construction site 34-floors above the city.  I was talking to the construction crew when a fight broke out. There was an explosion and the floor collapsed.  I removed the virtual reality (VR) goggles and laughed. It was so real. The VR solutions provided an incredible experience, almost like being there. As good as my experience was, it was not reality.  It was a controlled pre-programmed experience - a notional idea. Today, however, VR and sensor technologies enable a notional idea to become reality - a Real-Reality.

IoT sensors extend our physical senses beyond our physical reach. Haptic feedback systems enable us to physically feel distant objects and experience events; digital odors can be collected, profiled, transmitted and recreated locally on odor printers; 3D infrared scanners can capture and scale physical shapes and environments and transmit them anywhere to be used by 3D printers or in digital scenes. We can visualize, sense, and mentally and emotionally experience events. These experiences, which are data centric and data heavy, go far beyond virtual reality, to Real-Reality (RR).

Wikipedia defines reality as, "The state of things as they actually exist, rather than as they may appear or might be imagined."  With enough sensors collecting data, and with the right VR solutions and sensory feedback systems in place, we cross the line from virtual to Real-Reality.

Although many of these technologies are still in their infancy, they hint of a time very soon when the ability to bring distant realities into homes, industry and boardrooms are not only possible, but commonplace. The keys to making this future a reality, are collecting the right data, presenting the right data, all optimized to provide the best user experience.

How do we understand distance situations, activities, operations and events today?  In many cases a human tries to recreate the situation in words, and then forwards as an email or message. The obvious limitations are the lack of enough timely data, in the right context, and the writing and reading capabilities of those involved.  RR solutions with enough digital transformation including real-time sensors and sensory feedback systems can transmit experiences directly to our minds and bodies from anywhere in the world, thus bypassing the limitations of intermediary humans and written languages.

RR enables experts, from anywhere in the world, to manage factories, farms and other kinds of operations from distant locations.  The obstacles of the past that resulted in operational blind spots and incomplete information are quickly going away as RR quickly becomes a reality - real-reality.

Follow Kevin Benedict on Twitter @krbenedict

More Stories By Kevin Benedict

Kevin Benedict serves as the Senior Vice President, Solutions Strategy, at Regalix, a Silicon Valley based company, focused on bringing the best strategies, digital technologies, processes and people together to deliver improved customer experiences, journeys and success through the combination of intelligent solutions, analytics, automation and services. He is a popular writer, speaker and futurist, and in the past 8 years he has taught workshops for large enterprises and government agencies in 18 different countries. He has over 32 years of experience working with strategic enterprise IT solutions and business processes, and he is also a veteran executive working with both solution and services companies. He has written dozens of technology and strategy reports, over a thousand articles, interviewed hundreds of technology experts, and produced videos on the future of digital technologies and their impact on industries.

IoT & Smart Cities Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Druva is the global leader in Cloud Data Protection and Management, delivering the industry's first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence-dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva's...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, compared the Jevons Paradox to modern-day enterprise IT, examin...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DSR is a supplier of project management, consultancy services and IT solutions that increase effectiveness of a company's operations in the production sector. The company combines in-depth knowledge of international companies with expert knowledge utilising IT tools that support manufacturing and distribution processes. DSR ensures optimization and integration of internal processes which is necessary for companies to grow rapidly. The rapid growth is possible thanks, to specialized services an...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...