The three trends of 2020 – aggregation, automation and augmentation were replaced by four mega trends in 2021 at the annual MIPS 2021.
Formative AI, distributed cloud, composite architecture and digital ethics were revealed as the four mega trends in the video industry by Milestone Systems demonstrating how quickly emerging technologies are forming new trends.
Close to 4000 participants from technology partners, end customers and media attended the first virtual MIPS conference on March 1st and 2nd. The virtual event brought together this rich community of video, security and technology solution partners from EMEA, APAC and Americas to discuss the advancing innovation and shaping the new next.
“Shaping the New Next is an invitation to join us so we can make a positive difference together. There is a momentum in society right now that is unique to our industry, and we will be looking at this opportunity from both a business, a people, and a technology perspective. Because these are the drivers for the continuous success for the industry,” said Malou Toft, VP, Milestone EMEA, in her keynote address.
Formative AI refers to a set of emerging AI enabled technologies that can dynamically change to respond to situational variances. These technologies enable application Developers and UX designers to create solutions using AI enabled tools.
Distributed cloud computing is the first cloud model that incorporates physical location of cloud-delivered services as part of its definition. It is the next generation of cloud computing which retains the advantages of cloud computing, while extending the range and use cases for cloud.
