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TDengine 2023 Predictions: Open Source: Digital Transformation of Traditional Industries

vmblog-predictions-2023 

Industry executives and experts share their predictions for 2023.  Read them in this 15th annual VMblog.com series exclusive.

Open Source: Digital Transformation of Traditional Industries

By Jeff Tao, Founder and CEO of TDengine

Open source is for everyone: 99% of Fortune 500 companies already use open-source software, and Red Hat's "The State of Enterprise Open Source 2022" survey found that 69% of IT professionals indicated open source is significant. Traditional industries such as manufacturing, however, have been slow to adopt open-source software due to issues such as vendor lock-in. That said, the seeds of an open-source revolution have already been planted in these industries as a part of digital transformation.

Open Source Is the Future for Traditional Industries

Open-source systems will become even more critical over the next year, especially as traditional industries look to open systems to rebuild infrastructure and become more modern, cost-effective, and globally competitive. For example, many leading players in manufacturing still run on Windows and use traditional data historians developed decades ago, while the high-tech world has long moved on. Open source provides a new opportunity for these industries to modernize cost-effectively and agilely while embracing the cloud. When it comes to open source, everyone benefits.

Below I've outlined why open source can revolutionize traditional industries in 2023 and beyond.

Flexibility Is Key

Flexibility is the key to digital transformation in manufacturing and other legacy industries. True digital transformation requires rapid response to technological innovation, so I expect these industries to look to open systems. With help from open source, these industries can reduce reliance on existing vendors, allowing them to be on the pulse of cutting-edge tools and technologies like AI, ML, and AR. This flexibility will also break down data silos, allowing data to be shared easily internally or with outside partners for better analysis. Better analysis leads to better outcomes, which can kick start the evolution that will ensure the United States manufacturing industry retains its status as a world leader.

Cloud Elasticity

To start the next wave of digital transformation, we will embrace the cloud more than ever over the next year. Using the cloud, especially with the overwhelming amount of data generated by manufacturing and automation IoT sensors, means that industrial data systems are not limited by size or processing speed. The cloud also opens developers and engineers to a variety of tools. Cloud-based open systems engineers will be able to share data easier and take full advantage of modern data processing, analytics tools, and the elasticity of the cloud to reduce operating costs.

Democratize

In 2023, traditional industries will democratize infrastructure by embracing open-source projects and the larger developer community ecosystem. Not only is open source more cost-effective, but instead of keeping the code or solution to themselves, developers can collaborate, taking what they need and openly modifying code to suit their particular business needs. Open-source development offers traditional industries a quick start button on building and implementing high-tech systems at a fraction of the cost and the time that it historically took.

Community-Driven Innovation

As these traditional industries embrace open source, it will also be a space for growth and innovation. Open source is driven by creativity and problem-solving. Several new ideas may emerge from developers trying to solve historical problems through open-source software. This innovation can lead to more accurate, efficient, and cost-effective industry practices, which is essential to transform businesses and keep up with the times.

As the promises of Industry 4.0 become more evident and the Industrial Internet of Things (IIoT) becomes more common, I am confident that the trend toward open-source will continue to gain momentum and exert a positive influence on traditional industries in 2023 and beyond.

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ABOUT THE AUTHOR

Jeff Tao, Founder and CEO of TDengine

Jeff-Tao

Jeff Tao is the Founder and CEO of TDengine. Jeff has a background as a technologist and serial entrepreneur.  In his latest venture, in May 2017, he founded TDengine, which focuses on technologies to store, query, and compute time series data in real time in a scalable and efficient way.

Published Friday, December 02, 2022 7:33 AM by David Marshall
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