FRIBOURG NETWORK FREIBURG
Internet of Things
Internet of Things refers to the connection of smart objects to the internet. Thermostats, alarm systems, smoke detectors, refrigerators and even toothbrushes are just a few of the billions of everyday objects that are now linked up to the digital world. Considered as the third stage in the Internet’s evolution (Web 3.0), the Internet of Things is partly responsible for the exponential growth in the volume of information generated on the web, i.e. big data.
Artificial intelligence seeks to equip machines with the ability to perform functions normally associated with those of the human mind. In machine learning, the system analyses big data sets to pinpoint the rules which generate new knowledge and thus enable machines to interpret new situations.
Big data refers to all of the digital data generated by the use of new technologies for both private and professional purposes. The processing and use of these colossal volumes of data are a real commercial and marketing challenge.
Cloud computing uses remote servers to deliver IT services and applications online, thereby rendering them accessible anytime, anywhere and from any terminal. This constitutes a paradigm shift: instead of gaining additional computing power through the acquisition of material and software, consumers simply access providers’ services via the internet.
Sharing economy refers to new forms of consumption that let consumers share products, equipment and services, either free of charge or in return for payment. Perhaps the best-known examples of the online sharing economy are ridesharing services (e.g.: BlaBlaCar) and vacation rental and homestay listings (e.g.: Airbnb). The incredible success of the start-up Uber has given rise to the term “uberization”, which refers to the emergence of a new economic model that very quickly poses a threat to traditional models. In the case of Uber, it is the taxi industry that finds itself in this tricky situation.
Industry 4.0 is a term based on the idea that the world is on the precipice of a fourth industrial revolution that follows directly on from the invention of the steam engine (18th century), electricity (end of the 19th century) and information technology (20th century). This new revolution is based on smart factories consisting of interconnected machines and systems that communicate not only with the factory floor but also between each other and external players (customers, partners, other production facilities). The concept hails from Germany and came to the attention of the general public at the Hannover Messe in 2011.