After the read, you will learn what is AIoT, what are the 5 benefits of AIoT for industrial automation.
The world of technology wouldn’t be the same without the use of the Internet of Things (IoT) and Artificial Intelligence (AI). These modern solutions have changed the business landscape, especially in the area of industrial automation.
IoT and AI have driven the Industry 4.0 concept and produced countless advances that we could only dream of before.
However, the next phase of the Industry 4.0 revolution will truly be led by a hybrid of these two technologies. This hybrid is known as AIoT or the Internet of Wisdom. The convergence of these technologies is expected to bring a variety of benefits to the existing ecosystem.
Here, we will explain in detail what AIoT is and what it can bring to the industrial automation of enterprises.
What is AIoT?
AIoT (Artificial Intelligence Internet of Things) = AI (Artificial Intelligence) + IoT (Internet of Things).
AIoT integrates AI technology and IoT technology to generate and collect massive data from different dimensions and stored it in the cloud and edge through IoT, and then realize the dramatization of everything and the wisdom of everything through big data analysis and higher forms of artificial intelligence.
IoT and AI are two separate technologies that each play an important role in many industries. The former usually comes in the form of an ecosystem that includes devices with sensors and cloud mechanisms to collect data.
Each device sends data to the cloud, which is then received and stored centrally; the cloud processes large data sets and gains insights. The latter takes action based on the collected data.
Thus, artificial intelligence no longer merely presents humans with the facts of an event but acts automatically by acting with great precision, speed, and efficiency.
When these two technologies collaborate, the system gains the vital ability to act. This is why AIoT is the next step in technological innovation.
Benefits of AIoT in Industrial Automation The integration of AIoT systems in industrial automation will bring immeasurable benefits in asset management, operations management, customer behavior analysis, and more. Here, we will demonstrate 5 key benefits of AIoT.
Benefits of AIoT 1, Real-time monitoring and action
The ability to monitor assets and staff in real-time is critical, especially in industries where the risk of equipment failure can be costly – or even fatal.
This provides reliable oversight of all assets, including equipment and staff, and allows systems to take appropriate action if things don’t go as planned.
Predictive maintenance is one of the main attractions of AIoT. For example, machines in a smart factory will be able to recognize when maintenance is needed on their own, so that maintenance can be performed before a failure occurs.
Benefits of AIoT 2, Enhanced Scalability
In this context, scalability means increasing the number of connected devices in the IoT ecosystem and optimizing existing processes.
With the addition of artificial intelligence, the process of data collection becomes very specific; only the required data specific to the operation is pushed to the user.
Benefits of AIoT 3, Effective Risk Management
By using predictive analytics, companies will be able to assess potential risks and protect themselves with anticipatory measures.
By implementing rapid response procedures before an event occurs, possible scenarios such as equipment failure, cyber attacks, and workplace hazards can be prevented.
Benefits of AIoT 4, Improve operational efficiency
With artificial intelligence in the IoT, patterns can be detected from data to reveal insights that would have been missed.
The system can then implement predictive and preventative analytics to detect faulty machines or operational pain points, thereby improving overall efficiency. By implementing AIoT, the operating system in industrial automation becomes proactive rather than reactive.
Benefits of AIoT 5, Improved customer experience
All stakeholders are aware of the fickle nature of consumer behavior and the challenge of consistently delivering quality customer service.
AIoT can help achieve this by discovering new data points that allow analysts to gain a more comprehensive understanding of customer needs and behavior. The “Internet of Intelligence” marks the beginning of industrial automation and Industry 4.0. What benefits or use cases are you looking to enable?
Besides the 5 Benefits of AIoT for Industrial Automation article, you may also be interested in the below articles.
What is the difference between WIFI and WLAN?
Summary of 41 Basic Knowledge of LTE
What Is The 5G Network Slicing?