Artificial Intelligence of Things (AIoT)
AIoT is transformational and mutually beneficial for both types of technology as AI adds value to IoT through machine learning capabilities and IoT adds value to AI through connectivity, signaling and data exchange. As IoT networks spread throughout major industries, there will be an increasingly large amount of human-oriented and machine-generated unstructured data. AIoT can provide support for data analytics solutions that can create value out of this IoT-generated data.
With AIoT, AI is embedded into infrastructure components, such as programs, chipsets and edge computing, all interconnected with IoT networks. APIs are then used to extend interoperability between components at the device level, software level and platform level. These units will focus primarily on optimizing system and network operations as well as extracting value from data.
While the concept of AIoT is still relatively new, many possibilities exist to improve industry verticals, such as enterprise, industrial and consumer product and service sectors, and will continue to arise with its growth. AIoT could be a viable solution to solve existing operational problems, such as the expense associated with effective human capital management (HCM) or the complexity of supply chains and delivery models.
Individually, the Internet of Things (IoT) and Artificial Intelligence (AI) are powerful technologies. When you combine AI and IoT, you get AIoT—the artificial intelligence of things. You can think of internet of things devices as the digital nervous system while artificial intelligence is the brain of a system.
The Artificial Intelligence of Things (AIoT) is the combination of artificial intelligence (AI) technologies with the Internet of Things (IoT) infrastructure to achieve more efficient IoT operations, improve human-machine interactions and enhance data management and analytics. AI can be used to transform IoT data into useful information for improved decision making processes, thus creating a foundation for newer technology such as IoT Data as a Service (IoTDaaS).