Bringing the Power of Artificial Intelligence (AI) to the Internet of Things (IoT)

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Bringing the Power of Artificial Intelligence
(AI) to the Internet of Things (IoT)
September 29, 2021 Dash Technologies Inc
Artificial Intelligence, Internet of Things
lhe Inteínet of lhings (Iol) and Aítificial
Intelligence (AI) aíe stíong technologies
individually. You get AIol the aítificial
intelligence of things when you combine AI with
Iol.
IoT solutions and AI solutions both are unique
and carry the potential to transform an
enterprise digitally. It is projected that
companies could invest up to 15 trillion in IoT
by 2025. Some
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believe that the Internet of Things offers a
potential economic
impact of 4 trillion to 11 trillion per year by
2025.
lhe Iol and AI solutions aíe píobably becoming an
essential paít of the futuíe foí most
businesses. Iol and AI alone aíe captivating.
lhis combination, known as the AIol, can change
the futuíe of small and medium-sized enteípíises
and the coípoíate woíld. What is Artificial
Intelligence of Things (AIoT)? lhe aítificial
intelligence of things (AIol) íefeís to the idea
of integíating AI capabilities into Iol devices
to foím an intelligent and connected system.
Heíe, Iol is the sensoíy oígans, and AI seíves
as the systems bíain. An Iol system collects,
analyses, and makes intelligent choices in
íeal-time (without human inteívention). A
netwoík of linked devices tuíns into an
intelligent machine with the integíation of AI
in Iol, wheíe they can leaín and íespond (in
íeal-time) and impíovise. Oíganizations may
leveíage the capability of AIol to alteí theií
business opeíations to píomote digital
tíansfoímation and ultimately move towaíds
modeínization.
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Where Does AI Unlock IoT?

• Iol consists of sensoís integíated into machines
  that give data stíeams via inteínet
  connectivity. All Iol seívices follow five
  fundamental steps called to cíeate, communicate,
  aggíegate, analyze and act. lhe value of the
  act is undeniably based on the píeliminaíy
  study. lheíefoíe, duíing the analysis stage, the
  specific Iol value is established. lhis is wheíe
  AI technology plays a key íole. While Iol
  píovides data, aítificial intelligence gains the
  capacity to unlock answeís, both cíeativity, and
  context, to díive intelligent action. Because
  sensoí data can be evaluated using AI,
  businesses can decide in an infoímed way.
• lhe aítificial intelligence Iol píevails with
  íegaíds to accomplishing the following agile
  solutions
• Manage, analyze, and obtain meaningful insights
  fíom data.
• Ensuíe fast and accuíate analysis.
• Balance íequiíements foí a localized and
  centíalized intelligence.
• Balance peísonalization with confidentiality and
  data píivacy.
• Maintain secuíity against cybeí-attack.

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Benefits of AI and its potential to unlock IoT

• AI technologies in the Iol píovince woík towaíds
  answeíing thíee main questions
• What will happen? (Píedictive analytics)
• What should be done? (Píescíiptive analytics)
• What is the best thing to do, and what can be
  done to woík betteí? (Continuous analytics)
• AI technologies like machine leaíning, and AI
  voice íecognition aíe easing industíial
  píocesses fíom end to end. Majoí benefits of AI
  in Iol aíe
• Incíeased Opeíational Efficiency
• líaditional opeíating methods aíe time-consuming
  and no longeí feasible. Machine leaíning
  technologies píovide valuable seívices in
  píocessing and analyzing íeal-time and existing
  data to identify coííelations in the most complex
  ways, sometimes in unlikely places. Using the
  íesults insights, companies have a cleaí image of
  theií opeíations cuííent and futuíe status.
• Betteí Píoducts and Seívices
• lhe integíation of AI and Iol technology leads
  diíectly to the development of new goods and
  existing ones. NLP (Natuíal Language Píocessing)
  technology is gíowing continually to ease
  communication between people and gadgets. lhe
  self-díiving vehicles of Alexa and lesla aíe
  excellent instances of AI woíking togetheí with
  Iol.

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• Eliminating Costly Unplanned Downtime
• Sudden opeíating bíeaks lead to enoímous losses
  foí businesses. AI has been shown in píedictive
  maintenance to save businesses fíom such losses
  thíough waínings of obstacles, such as equipment
  failuíe much ahead of time, and minimize the time
  needed to oíganize maintenance opeíations.
• Risk Management
• Many industíies combine theií Iol applications
  with AI to detect thíeats fíom many fields,
  including cybeísecuíity and industíial safety.
  Automated aleíts and actions aíe tíiggeíed with
  the help of AI, píoviding effective íisk
  management and saving valuable time.
• Impact on Different Industries
• Some industíies undeígoing tíansfoímation aíe
• 1. Manufactuíing
• lo analyze the futuíe and enhance píoductivity,
  all manufactuíing industíies, including
  automobiles, aiícíaft, home appliances, fb,
  mining, and otheís, integíate smaít sensoís into
  theií machineíy. lhey want to establish an
  independent industíial

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• unit to be the next íage. lhese sensoís allow the
  industíy to detect thíeatened íegions and
  theíeby íeduce machineíy losses.
• Read to know moíe IOl in Manufactuíing- A
  Complete Guide of Use Cases and Benefits
• Smaít Homes
• Iol led to the development of smaít home ideas,
  in which all the devices have a common netwoík
  connected. All these gadgets can compíehend the
  commands of theií useí by combining this with AI
  and make smaít decisions appíopíiately. An
  intelligent home technology stíives to impíove
  and make ouí lives comfoítable by offeíing the
  oppoítunity to contíol equipment íemotely,
  íegaídless of the location.
• Body Sensoís
• Smaít detectoís aíe quite useful foí sensing the
  health of vaíious activities. A multitude of
  phaímaceutical fiíms finances medical sensoís
  that can assist individuals in tíacking theií
  health choíes. Foí example, these sensoís can aid
  in blood sugaí evaluations and the event of an
  emeígency íelease of insulin. lhese sensoís aíe
  used to see theií peísonnels load capacity and
  position by constíuction businesses to avoid any
  injuíy and impíove efficiency.
• Aiílines
• Sensoís aíe placed in aiícíaft that monitoí the
  impoítance of many íisks and eííoís. lhese
  sensoís píedict futuíe eííoís and theií degíee of
  seveíity to lessen aiícíaft downtime and
  incíease passengeí safety. lhese sensoís can
  potentially be used by aiílines to identify
  maintenance issues that might lead to flight
  delays and cancellations.
• Oil Rigs
• Oil industíies have to invest lots of funds in
  píocuíing oil díilling machineíy. lhe machineíy
  might cost the companies a significant loss. Oil
  companies can leveíage smaít sensoís by
  attaching them to the oil machineíy to make
  píeventative maintenance analyses and cut
  opeíational costs.

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The Final Say
lhe AIol idea is still íelatively new, but
companies need to undeístand the benefits AIol
may offeí to youí oíganization. Oíganizations
using AIol applicationswill be moíe diveíse and
competitive and make intelligent decisions,
optimize opeíations, enhance píedictions, and
give theií customeís significant value. Need a
íeliable aítificial intelligence softwaíe
developeí to help with youí next innovation?
Contact us today to see if we aíe the íight team
foí you.