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Posted: September 1st, 2022
Internet of Things: Technology Based on Artificial Intelligence
Internet of Things: Technology Based on Artificial Intelligence
Independently, the internet of things (IoT) and artificial intelligence (AI) technologies have great potential. However, when combined, we get the Artificial Intelligence of Things (AIoT), an even more powerful tool with the ability to analyze vast amounts of data and make intelligent decisions without human involvement. But to understand AIoT, first, we need to look at AI and IoT individually.
Internet of things comprises physical devices such as refrigerators, wearable devices like watches, sensors, and other devices that are interrelated and can connect with the internet to collect data. Artificial intelligence, on the other hand, is the technology that has the capability of completing specific tasks without human intervention. IoT devices allow the exchange of data via the internet, while AI identifies patterns and anomalies in the data to generate refined information.
IoT has been around for quite some time. The introduction of AI is expected to create smart and intelligent devices with the ability to drive growth in all sectors of the economy. In the business world, managers are clueless regarding how to manage and utilize the massive amounts of data produced by IoT. Data that is directly related to customers, their behaviors, and purchasing patterns can be crucial to the success of any business. The introduction of Artificial intelligence to IoT will enable data analytics, which can help managers make informed decisions.
Examples of Artificial Intelligence of Things technologies (AIoT)
Although still at infancy, AIoT can be used in various ways. Below are some real-life applications of AIoT.
1. Smart Retail
Cameras with the capability to use facial recognition, collect customer’s information such as age, gender, preferences, and analyze the data to identify consumer behavior. Such information is then used to make decisions regarding marketing techniques, product placement, among other decisions that promote efficiency and effectiveness of the business.
2. The use of robots in manufacturing industries
Manufacturing industries were one of the first to employ the AI and IoT technologies in their operations. Robots are implanted with sensors that enable the transmission of data. Artificially intelligent robots also promote efficiency and effectiveness in the manufacturing process by saving time and cost of production.
3. Tesla self-driving cars
Tesla self-driving cars are one of the best applications of AIoT. These cars use artificial intelligence to identify and predict the behavior of pedestrians and other activities on the road. For instance, they can determine the weather and road conditions and make necessary adjustments.
Although still at infancy, AIoT is already revolutionizing the way things are done. IoT with artificial intelligence can transform your business through improved decision making and experience. More industries across all sectors have already integrated AI into their devices and are reaping the value of the technology. In the near future, it might be impossible to find IoT that does not utilize artificial intelligence.
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