About the site
Fog computing, or fogging, is an architecture for the Internet of Things (IoT) which extends computing and analytics capabilities to the edge of the network – so that data can be managed and mined locally.
IoT is set to bring us an explosive proliferation of connected endpoints, with more than 26 billion Internet connected devices and objects by 2020 according to Gartner (or 50 billion says Cisco). And with this will come an explosion of big data like we never imagined. Today we create 2.5 quintillion bytes of data daily; so much that 90% of the data in the world today was created over the last two years. Yet more than 99 percent of things in the physical world have yet to be connected.
Cisco sees 40% of this pool IoT-created data being processed in the fog by 2018….. and this blog site is an endeavour to snapshot this foggy IoT wave as it forms.
About the author
G’day I’m Bob Waldie, an aged serial entrepreneur living downunder. I’ve worked with ICT startups for decades, and I am still involved with a swag of early stage endeavors. It excites me as these pioneers create new products, new markets and wealth, and my most active and exciting current engagement is with Opengear.
I am an engineer at heart, and watch in awe as ICT technologies transform most facets of our business, social and personal lives. Having experienced the PC wave of change, then the Internet, I now see in today’s cloudy, virtual, mobile world ICT playing an even greater disruptive role.
When I graduated in late seventies IBM was the only ICT company in the top 10 of Fortune 100, and you had to dig deep to find other bunch members (Honeywell @80 then NCR @98). But on the Wikipedia list today we see Apple at #1 (with $700B+ market cap) along with Google and Microsoft up in the top five (both with $300B+ cap). IBM is still up there (but you have to dive a little deeper as it has fallen out of >$200B club). It has been surpassed by newer Internet players like Facebook, Amazon, Alibaba and Tencent, and these will soon be joined by a swag of even newer IoT players.