After the read, you will learn about
What Is AIoT work?
What Is AIoT Benefit?
What Is AIoT application?
In C&T RF Antennas Inc‘s News channel, we have a lot of articles about new technologies such as artificial intelligence (AI) and the Internet of Things (IoT), and how they simplify our lives and improve our quality of life, and give IT professionals The challenge. As these technologies gradually become mainstream, we have seen the results of combining two or more technologies. For example, artificial intelligence and the Internet of Things provide us with the Artificial Intelligence of Things (AIoT).
What is the Artificial Intelligence of Things(AIoT) and how do we use its power? Is it the future of our lives and work? Let us explore the answers to these questions.
What is AIoT, the Artificial Intelligence of Things?
AIoT is the Artificial Intelligence of Things. 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.
In order to better understand this concept, let us quickly review what is the Internet of Things. The Internet of Things is a technology that allows devices to connect to the Internet so they can collect, send, and process data. On the other hand, artificial intelligence is a technology that a device or system learns from its use and takes action accordingly.
When you combine the two together, you will have a device connected to the Internet to collect data, and you will have the intelligence to analyze patterns and act accordingly. In this sense, daily equipment has the intelligence to learn from users, and can automatically complete the expected operation without any form of human intervention.
How do these two technologies merge and work together?
What is AIoT work?
The core of the Internet of Things is composed of a series of sensors that can send and receive data through the Internet. However, unless the data is analyzed and action is taken, simply sending and receiving data will not add value, and this is where artificial intelligence (AI) comes into play.
In other words, the Internet of Things creates data, and then artificial intelligence analyzes it to provide meaningful insights and accordingly provide desired behaviors or actions to increase efficiency and productivity. Based on this, we can track the workflow of AIoT devices.
It all starts with the creation of data with the help of sensors.
These data are transmitted through the network.
All data is gathered in one place.
Analyze this data to gain meaningful insights.
The necessary actions are based on these insights.
Obviously, from our point of view, the last step is the most important. But to achieve this goal, the remaining four are also crucial. This is what makes AIoT more powerful than AI or IoT because this technology covers an end-to-end ecosystem from data collection to appropriate actions.
So what impact does AIoT have on us?
What is AIoT benefit?
Here are some ways AIoT can help us live and work better.
Reduce failures
In the AIoT system, data will be generated and analyzed to identify possible failure points and repair them to ensure that work will not be interrupted. It can identify problematic parameters and adjust them immediately to prevent malfunctions and downtime.
Improve efficiency
One of the biggest benefits of AIoT is the increased efficiency because all necessary data and operations are readily available. Take Rolls-Royce as an example. The company uses AIoT for engine maintenance. This is expected to identify problems and provide operational insights, thereby improving engine fuel efficiency and performance.
Save money
AIoT enhances predictive intelligence to reduce operating costs. For example, Google uses AIoT to reduce the cooling costs of its data centers. Similarly, oil and gas companies are looking to use AIoT to reduce equipment failures, thereby saving unplanned downtime.
Risk Management
Improved risk management is another important advantage of AIoT because it can predict risks in advance and even reduce them. This helps organizations better prepare for and deal with financial losses, cyber-attacks, and even employee safety.
Many banks are studying the use of AIot to reduce the possibility of ATM fraud and other possible cyber attacks on their systems.
New income opportunities
AIoT opens a world full of opportunities for companies to provide new products and services that can increase revenue and lay the foundation for new markets.
Many industries have begun to use AIoT in natural language processing (NLP) to better interact with humans, use advanced fleet management systems to monitor the location of vehicles in real-time, use drones to reach areas that are difficult for humans to reach, and so on.
From these benefits, do we assume that AIoT is the future?
Is AIoT the future?
The answer is absolutely yes! Let’s look at some key statistics to understand why.
Gartner predicts that 80% of enterprise IoT projects will use artificial intelligence as an integral part of it.
Forbes predicts that by 2035, the profitability of organizations that combine artificial intelligence and IoT capabilities will increase by 38%.
According to IBM, 19% of high-performance companies (also known as Reinventors) are using AIoT.
According to a survey by SADA Systems, the Internet of Things and artificial intelligence are the technologies that companies invest the most in. Soon, these two technologies will be combined to achieve synergistic benefits.
All of the above points to a trend, AIoT is the future of our technological world.
What Is AIoT application?
Now, let’s take a look at the current and future applications of AIoT to understand its potential.
ET City Brain
ET City Brain is an urban planning solution supported by Alibaba Cloud. The system detects traffic conditions and changes traffic lights accordingly to reduce congestion. It can also change the traffic lights as needed to help the ambulance reach its destination faster.
The system reduces traffic flow by 15% and improves the accuracy of detecting road accidents and illegal parking.
Smart retail
In this AIoT implementation, the facial recognition system will detect customers as soon as they walk into the store. Based on preferences and past purchase experience, the store can display discounts and products that attract customers.
In this way, through this kind of targeted promotional advertising, the chances of selling products increase. For customers, it is easy to find what they want.
Manufacturing
Considering the number of routine tasks, AIoT is very suitable for manufacturing. This technology can predict when the machine may wear out, identify and repair problems, promote data transmission and understanding, etc., thereby making the entire manufacturing process more efficient, less time-consuming, and more cost-effective.
Tesla Autopilot
Tesla’s self-driving system uses AIoT to collect data from sensors, feed it into the neural network architecture, evaluate many relevant parameters, and determine the next action the car must take-in just one second!
Wearable device
Currently, wearable devices are constantly monitoring your health and displaying your vital signs. But in the future, these wearable devices can analyze your vital signs and predict major diseases such as heart disease and stroke.
Imagine how many lives can be saved by proactively addressing these major health indicators!
The above applications are only a few, and the potential of AIoT is indeed limitless. It can affect every aspect of our lives and society and help us all live healthier and happier lives.
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