Here’s How Artificial Intelligence Is Transforming the IoT
The business world has seen a steady rise in adoption of the internet of things (IoT) over the past years. Many businesses have been built and optimized using IoT, enhancing their capabilities and overall performance.
However, the next phase of advancement in artificial intelligence (AI) and machine learning is the development of IoT devices leveraging what is called “artificial intelligence of things” (AIoT).
Various industries, companies, and economies that utilize AIoT can harness its power and gain a competitive edge for their own growth. Integrating IoT and AI in the same industry or project will be the next step to redefining innovation.
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As IoT collects the needed data, AI will, in turn, analyze it to create smart results and enhance decision-making with little human intervention.
IoT and AI are the Next Breakthroughs
When devices are integrated with IoT, they could be able to communicate with one another and use the result for further development. However, the devices can be as good as the data they churn. For the data to be useful for any industry, it must first be collected, processed, analyzed, and stored.
Herein lies the problem for organizations looking to utilize IoT without compromising the data. IoT adoption is rapidly growing, and companies are finding it difficult to process data and use it for developing real-world solutions.
This is due to two problems, the data storage facility and the data transmitting medium. Cloud storage cannot effectively handle all the data from IoT devices due to bandwidth limits.
On the other hand, data transfer from IoT devices to the cloud and back causes latency and congestion. This could limit the capabilities of data in the event of an emergency to generate insights.
The AIoT and its Benefits
When in use, IoT devices generate billions of bytes of data daily. IoT devices are projected to grow by 42 billion globally by 2025. The growth in IoT networks automatically translates to the expansion of data generated.
Demands and expectations are gradually changing, making it clear that IoT alone is insufficient to provide accurate data analysis and insights.
Data generation is increasing over time, bringing along more complex challenges than opportunities in the field of IoT.
However, intelligent devices appear to answer organizations’ yearnings to unlock their business’s accurate data.
Using AI, IoT devices can gain insights from previous results and accurately predict future ones. In essence, AI allows devices to find a way to function based on their peculiarities by interpreting data and making the right approach without delay.
Organizations looking to adopt AIoT will benefit from various solutions that can make intelligent automation of tasks possible. The IoT’s benefits include zero downtime, increased operational efficiency, and improved services.
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Furthermore, AIoT has broad use cases in many industries like automobiles, retail, manufacturing, and others.
Combining AI and IoT is the future of machine learning, facilitating smart decisions in organizations. Opportunities abound aplenty, and the field will further expand.
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