• Technologies
    • Black Lotus Labs
    • Cloud
    • Edge Compute
    • Collaboration
    • Managed Services
    • Network
    • Security
  • Business Advice
    • Business Continuity & Disaster Recovery
    • Customer Experience
    • Data Driven Business
    • Operational Efficiency
    • Tech Trends
  • Industries
    • Financial Services
    • Healthcare
    • Gaming
    • Manufacturing
    • Media and Entertainment
    • Pharmaceutical
    • Public Sector
    • Retail
    • Technology
  • About Us
    • Leadership Perspectives
    • NewsRoom
  • Technologies
    • Black Lotus Labs
    • Cloud
    • Edge Compute
    • Collaboration
    • Managed Services
    • Network
    • Security
  • Business Advice
    • Business Continuity & Disaster Recovery
    • Customer Experience
    • Data Driven Business
    • Operational Efficiency
    • Tech Trends
  • Industries
    • Financial Services
    • Healthcare
    • Gaming
    • Manufacturing
    • Media and Entertainment
    • Pharmaceutical
    • Public Sector
    • Retail
    • Technology
  • About Us
    • Leadership Perspectives
    • NewsRoom

What Tech Investments Must You Make Now to Manage Data Overload?

Jon Paul McLeary Posted On July 2, 2020
0


0
Shares
  • Share On Facebook
  • Tweet It

Data is the fuel of every digital business. It’s how you listen to, learn from and connect with your customers. Businesses are generating tidal waves of data every day, and their growth and success is increasingly tied to their ability to harness the power behind those waves by rapidly acquiring, analyzing and acting on the insights they provide. Businesses must prioritize investments in emerging technologies if they hope to take advantage of all the data available to them.

How should you prioritize your tech investments right now, and what can these investments mean for your business?

5 Essential Tech Investment Priorities

You can manage data overload by focusing on five key areas for investment. These investments can help you automate manual processes, acquire data without human interaction, and manage your network traffic more seamlessly. Let’s consider the value of each area:

1. The Edge

Investments in edge computing provide the lynchpin to the other technologies listed here. Edge computing will ultimately enable your business to take advantage of emerging tech. What do we mean by edge computing, and what makes it so critical to enabling your other digital business initiatives?

Edge computing describes a distributed computing topology that moves computing infrastructure closer to the actual source of data. Think about it in terms of geographic distribution: rather than data being processed centrally in a data center, it is instead processed closer to the devices using that data to provide real-time experiences (smartphones, autonomous vehicles, IoT devices, etc.). Because data computation, processing and storage are distributed, edge computing frees up bandwidth, reduces latency and improves processing speed.

How do you invest in the edge? At Lumen, we have a saying: “The network is your data center.” Creating cloud storage in the network, closer to where data is created and consumed, enables the edge-driven business to gain data insights faster than their peers and deliver better consumer experiences as a result.

2. Artificial intelligence

The purpose of artificial intelligence (AI) is to automate manual processes, detect network anomalies and provide strategic insights.  There are many areas within a business where AI investments can be made. Where you choose to make your AI investments will depend heavily on your business sector and the specific needs you have.

3. Machine learning

Machine learning (ML) is a subset of AI that allows systems to learn from data and continuously improve from experience. Like AI, your business type and its specific needs must drive ML investments. One key area where investments in ML can help is in relieving the load on your network teams. The point of machine learning is not to replace humans, but to do what computers do better than humans: dispassionately process and analyze huge data sets. For your network teams, this can mean automated scaling up or down of network resources without human intervention, log analysis to uncover problems faster and relief from some of the most menial jobs associated with network administration.

4. Internet of Things

The Internet of Things (IoT) describes devices—meters, sensors, monitors—that collect data without human interaction. For those devices to deliver on their promise, they require rapid delivery and processing of real-time data. IoT investments include the devices themselves, a high-speed and geographically dispersed network to deliver data, and the ability to quickly analyze and act on the data the devices provide.

Consider a manufacturing facility that fits its equipment with IoT sensors to measure fluctuations in temperature and wear. The goal is to process that information in such a way that triggers warnings when measures exceed acceptable norms. In a perfect world, those triggers would allow maintenance crews to proactively repair or replace machines just in time and only when needed. Ideally, this would save the facility money both in capital expenses and in preventing unplanned downtime.

5. Software-defined networking

Software-defined networking (SDN) technology redirects traffic without relying on hardware to make decisions. Investments in SDN create more efficient, faster IT and network operations and improve productivity of network teams.

How to Set Your Priorities

Defining specific business needs and use cases is the first step in setting your priorities for tech investment. This starts by assessing where you are now. Determine whether you lead, lag, or hold an average position compared to peers and competitors in your same sector. Choose areas in which tech investments could make the most impact, either internally (operational and capital savings) or externally (improved customer service or market targeting). Find the metrics that will be affected by improvements. Then, start small projects that can affect those metrics. Build on your successes to gradually grow your tech investments.

Some organizations may have the capacity to manage some or all of these steps on their own. If your team is small, or if they lack the experience to assess tech investments, you may need to call in IT consultants who can walk you through these steps and find the optimal solutions for your business.

Do you have tech investments in place to manage data overload? Download the Lumen eBook, Beyond transformation: How data drives the Digital Business, to learn more about how and why you need to prioritize these investments.

Learn More

This content is provided for informational purposes only and may require additional research and substantiation by the end user. In addition, the information is provided “as is” without any warranty or condition of any kind, either express or implied. Use of this information is at the end user’s own risk. Lumen does not warrant that the information will meet the end user’s requirements or that the implementation or usage of this information will result in the desired outcome of the end user. This document represents Lumen’s products and offerings as of the date of issue. Services not available everywhere. Business customers only. Lumen may change or cancel products and services or substitute similar products and services at its sole discretion without notice. ©2023 Lumen Technologies. All Rights Reserved.

Related posts:

  1. The key to better business decision making. It’s data science.
0
Shares
  • Share On Facebook
  • Tweet It


Artificial IntelligenceDigital BusinessIoTIT adviceMachine Learning


Author

Jon Paul McLeary

Jon Paul "JP" McLeary is a brand messaging leader for Lumen, responsible for developing the strategic messaging that supports Lumen’s purpose, vision and mission across various parts of the company. JP has previously managed cross-regional field marketing teams as well as media relations strategy, including crisis communications. JP received his MA in Communications from San Diego State University along with an undergraduate degree from Point Loma Nazarene University.

Trending Now
A Hybrid Workforce Demands A Modernized WAN Strategy
Callahan Krivanek May 22, 2023
Lumen Operational Advisory: Anatomy of a DNS Water Torture Attack
James Winzenz May 11, 2023
You may also like
Digitally Connecting People, Data & Applications – Through the Cloud: Announcing our Microsoft Azure Expert MSP Status
April 24, 2023
Drive Growth With The Right IP Services For Your Business
April 11, 2023
What Does Your Path to SASE Look Like?
March 16, 2023
What IT Teams Need to Consider Before a UC&C Migration
Read Next

What IT Teams Need to Consider Before a UC&C Migration

  • Categories

    Adaptive Networking

    Connected Security

    Hybrid Cloud

    Communications and Collaboration

    Edge Computing

    SASE


  • Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With 450,000 route fiber miles serving customers in more than 60 countries, we deliver the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences.

Services not available everywhere. ©2022 Lumen Technologies. All Rights Reserved.
Press enter/return to begin your search