Artificial intelligence (AI) is a software platform that analyzes and interprets data like a person. Internet of Things (IoT) connects separate devices like industrial tablets, sensors, and software into a network, usually through the Internet. We discuss in today’s topic how companies have merged the two technologies into Artificial Intelligence of Things (AIoT) and its benefits to their workflow.

What is AIoT technology?

AI focuses on analysis, interpretation, and decision-making. It can complete a set of tasks as well as learn from gathered data in a way that looks like it was done by a person.

IoT devices focus on connectivity and automation. Wearable devices, refrigerators, digital assistants, sensors found in smart factories, and similar equipment are just a few examples. All are designed to connect to the Internet, be recognized by other IoT devices, and collect and process data. 

Artificial Intelligence Internet of Things, or AIoT or AI IOT, can be thought of then as a “digital” nervous system with AI as its brain.

The advantage of AI and IoT working together makes it possible for devices to collect and analyze data, make sense of it, and perform more precise and efficient operations. AIoT devices can act on that data without any direct supervision or even involvement by people

Benefits of AI Enabled IoT

Numerous industries are investing into the AI platform and IoT infrastructure. Last year, The AloT market was valued at $4.7 billion worldwide. Compound annual growth rate from 2023 to 2032 is predicted to reach nearly 40 percent. The result is a jaw-drawing $129.2 billion at the end of 2032. 

The following benefits of artificial intelligence in IoT have caught companies’ attention.

  • Operational Efficiency and Improvement – Companies can use AloT to analyze data from its various, interconnected devices in real-time. Based on this data, production workflows can then be set to boost productivity while simultaneously saving time and valuable­ resources. This includes scheduling maintenance nee­ds thanks to predictive analytics
  • Greater Cyber Security – AI and IoT can work hand-in-hand to provide the prote­ction of interconnected de­vices from cyber threats against a company’s infrastructure, both real and virtual. It does so by providing real-time anomaly dete­ction, which has the ability to respond almost instantaneously to emergencie­s like a cyberattack. 
  • New and Enhanced Products & Services – AI in IoT can handle­ the immense amounts of customer data streaming in from various source­s like the industrial mini PCs powering smart mirrors. Companies can then get a dee­per understanding of customer be­havior, market trends, and operational patte­rns. This makes it much easier to adjust strategies for improved outcomes.
  • Environmental Impact – AIoT technologies can aid various industries’ goals to reduce their environme­ntal impact. The gathered data, once analyzed, can lead to applying new actions to optimize e­nergy consumption, manage waste e­ffectively, and allocate re­sources efficiently

AIoT Use in Real World

Robots in Manufacturing

Automation is part and parcel of modern manufacturing, which was one of the first sectors to embrace AI IoT. Industrial robots are being built with implanted sensors to gather data around them. With AI algorithms, these machines can learn from newer data, which allows them to make moment-to-moment decisions without human guidance. The approach saves on time and  costs, while improving the manufacturing process each time. 

Smart Retail

Application of artificial intelligence in IoT in the retail sector are numerous. Collectively referred to as “smart retail,” these systems can be used for:

  • Detecting a particular demographic (e.g., Gen X) to send product ads or in-store specials in real-time.
  • Gathering intel on customers like gender, product preferences, traffic flow, etc. 
  • Identifying select shoppers to allow them to skip the checkout.  

Smart Buildings

Smart buildings are designed to sense and “react” to certain operations thanks to sensors and computers. A network of environmental sensors, for example, can detect what personnel are present in a particular room or rooms, and adjust temperatures and lighting accordingly not only for comfort but to improve energy efficiency. Or employees of a smart building would no longer need to clock in thanks to facial recognition technology. AI loT can do both and more. 

Fleet Vehicle and Autonomous Robot Management

Artificial intelligence can gather real-time data from a vehicle’s GPS, radars, sonars, and cameras through IoT. Fleet vehicle managers and companies can then use it to develop policies like:

  • Identify unsafe driver behavior
  • Reduce fuel costs 
  • Track vehicle maintenance

Robots used for delivery services like Amazon Scout can use the same loT to gather information about their environment. Their AI can then make moment-to-moment decisions about how to respond (e.g., how do you deal with a child blocking their route?) 

Closing Thoughts

The use of artificial intelligence with the Internet of Things is known as AIoT. Many industries are finding uses for the technology, which has the AI analyze and respond to the information gathered by IoT in real-time.

Contact an expert at Cybernet if your company is looking to leverage AI IoT with our industrial panel PCs to maximize your goals whether for higher profits, reduced expenses, and more. 

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