IoT or the Internet of Things has been in the news for quite some time now, even as AI or Artificial Intelligence has, of late, taken the world by storm. The coming together or convergence of these two technologies promises to usher in a new technological era dominated by what is known as AIoT or Artificial Intelligence of Things. The two technologies can act in synergistic ways to usher in never-before efficiencies to industries, businesses, and individuals.
While IoT comprises a wide array of connected devices obtaining real time data from the world around us via home sensors or even industrial machinery and equipment, AI on the other hand functions as the brain, making sense of the vast amounts of data collected to come up with definite patterns and insights that help one make much more informed decisions.
This symbiotic relationship between the two technologies helps transform data into a means of actionable intelligence. Not only can devices sense their environment, but they can also learn and adapt in a manner that gives them the power to operate autonomously- a paradigm redefining development for both industries and individuals.
How does it help?
The coming together of IoT and AI promises to transform how industries, organizations as well as individuals conduct their daily affairs. Take the manufacturing industry as an example. AIoT can greatly enhance predictive maintenance, minimizing downtime by unerringly zeroing in on potential failures, well in advance of their occurrence.
Likewise, this combined technology can help the healthcare industry in several ways. For instance, wearable IoT devices can be a great help in the 24×7 monitoring of a patient’s viral parameters owing to their enhanced ability to use algorithms to analyse the data collected, facilitating timely detection of any health issues. This helps healthcare organisations provide proactive as well as personalised care that hugely improves healthcare outcomes
There are several other ways in which the convergence of IoT and AI benefits everybody. Smart cities can, for example, implement intelligent traffic management, allowing for optimal energy consumption and an improvement in public safety by way of real-time data analysis and automated responses.
In essence, the convergence of IoT and AI results in four principal benefits:
· Enhanced Efficiency
· Lower Costs
· Predictive Analysts
· Personalisation
The Way Ahead
The coming together of IoT and AI has opened the doors to a large number of possibilities for businesses, organizations, and individuals to incrementally enhance efficiencies in everyday life and achieve outcomes that were previously thought impossible.
The use of Edge AI empowers edge devices like sensors, cameras, and other embedded systems, allowing for data processing as well as decision-making to happen in proximity to the source, thereby helping reduce latency as well as bandwidth consumption.
AIoT can help implement biometric authentication by analyzing biometric data in the shape of fingerprints, voice patterns, as well as facial recognition. This greatly enhances authentication methods and procedures, thereby considerably improving conventional forms of authentication that are quite prone to security breaches and lapses.
From smart car parking and super efficiently performing machinery and equipment to cutting-edge healthcare tools that help us stay healthy, AIoT can help us benefit from a whole slew of innovative and out-of-the-box applications that will reshape how we leverage technology in our daily lives.
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