AI & IOT Evolves At The Core Of Innovation

Mar 18,2019 by Aishwarya Srivastava
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Back in 2018, when Sophia, a humanoid robot, sang a duet with Jimmy Fallon at his show, the whole world was in awe of how the robotic intelligence showcased human emotions while performing a song. The creator, David Hanson not just invented artificial intelligence that mirrors human intelligence, but also enabled it to show human emotions.

This is a major breakthrough in the technology world, and is just a teaser of what is about to become a reality. While science fiction, a popular genre of movies and books, has already elaborated about how AI is soon to be at the forefront of tech innovations; the future holds a lot more. The endless possibilities that this technology is bound to turn into reality are fascinating, and have opened up a whole new subject of debate for techies.

Artificial intelligence in itself is a giant leap in the technology world. Combining it with inventions like IoT has further aided in utilizing the full potential of both technologies. Whilst IoT connects two or more physical objects, actuators, sensors, platforms, and networks to enable data transmission for varied applications; AI is capable of analyzing even critical information with ease to offer valuable insights that can aid in making highly informed and productive decisions.

Transforming Business Operations

In the past decade, the dynamics of the business world have evolved rapidly with the upsurge of competition; majorly due to startups expanding to new verticals and successfully capturing huge market shares. In this scenario, to steal a lead, businesses are rooting for innovations that enable smart data exchange; while analyzing the same and offering observations that can be further deployed for making amendments that can be remunerative.

Adeptly meeting this requirement, AI and IoT together enhance the operational efficiency of business processes, maintaining the highest order of efficiency through and through. Merging Artificial Intelligence with the Internet of Things is a development that is playing a key role in the growing operational efficiency of commercial organizations across diverse business verticals. The purpose of combining both the technologies was to create smart machines that can make analytical decisions with negligible or no human support.

Enhancing Efficiency in Manufacturing

Modern manufacturing units have evolved from dovetailed workers and mechanically operated machinery to an exceptional blend of tech innovations with little support rendered by human operators. Today, the premises of a manufacturing business comprise of inventive technologies like robotic arms that are often controlled remotely; all thanks to in-built IoT sensors and AI. While the application of artificial intelligence and IoT in manufacturing enables precise monitoring of operations, it also aids in diligent assessment and resolution of possible miscues.

The innovative fusion of both technologies facilitates the compilation of data and implementation of algorithms to predict operational anomalies and enable timely resolution. Gradually, via machine learning, the AIIOT (Artificial Intelligence of the Internet of Things) starts recognizing external and internal factors that lead to a particular glitch.

This information is analyzed over a period of time and is deployed for required repair and adjustments. The predictive maintenance initiated via AIIOT reduces possibilities of downtime and systemic failures, thus boosting the operational efficiency of the manufacturing units whilst significantly streamlining operations.

Upgrading Healthcare & Pharmaceuticals

Just like every industry, healthcare and pharmaceuticals also generate a massive amount of data in the form of medical reports, prescriptions, patient history, medicinal formulations, and pharma manufacturing details. This data needs to be not just recorded but also analyzed to administer treatment as per a patient’s history and manufacture medicinal formulations. There are many other tasks related to data accumulation in the healthcare and pharmaceutical industry, which is why the application of artificial intelligence and IoT seems pragmatic.

The advent of this technology has aided in not just administering the best treatment to patients, but has also helped professionals understand medical cases in a better way. Apart from all this, the fusion of these technologies is also deployed to predict fitness and health issues. AIIOT powered devices like Fitbit offer valuable information regarding the activity and fitness levels of individuals; thus generating reports regarding the possibilities of diseases and preventative measures, helping users stay hale and hearty for a long time.

AI & IoT Innovation Meets Education

Education is the foundation of a healthy society that is capable of birthing professionals and individuals who can succeed in various domains, contributing to socioeconomic development. This is the reason why innovation in teaching methods is crucial, considering the rapid transformation that we, as a society, are undergoing.

Today, educational institutes aren’t just reforming the way of imparting knowledge to pupils, but are also advancing to the educational system of digital classrooms. In this aspect, technologies like artificial intelligence and IoT are deemed to be immensely helpful. Schools across metropolitans like Beijing are integrating technologies like AIIOT in their teaching methods to make classroom sessions more engaging and productive.

The AIIOT Advantage

As AI brings crucial machine learning and intelligence to IoT, the possibility to reap maximum benefits of both the technologies expands. The deluge of leverages that AIIOT offers as a technological fusion has made it a buzzword that is impacting numerous industries.

Let’s examine some major implications that AIIOT brings to the table in order to attain a better understanding of this innovation and its advantages.

  • As you must be aware, artificial intelligence application enables processes like data analysis, image recognition, and language processing. These processes, with the aid of the Internet of Things, can facilitate logical reasoning and decision making, at a much faster pace than the human workforce can possibly accomplish. This certainly empowers organizations to enhance their operational competency and make decisions that are highly cogent, with almost negligible scope for errors.
  • The interdependence of both technologies results in precise, prescriptive, and predictive analytics that can be deployed to modify operations, products, and services. This turns out to be a transformative impact that works in favor of the growth and development of organizations.
  • In the piles of data received via the interconnected IoT devices, AI integration helps in segregating time-sensitive information that needs to be processed expeditiously. This further aids in the reduction of pending tasks that are urgent and are capable of immensely affecting the overall operational competence.

There are a lot more advantages that have contributed to reinforcing the position of AIIOT in data management and processing. As we delve into this topic, it is crucial to realize how transformative this technological fusion is for not just industrial verticals and corporates but also our day to day lives. In fact, we aren’t far from the day when AIIOT will become a part of our routine. Interconnected devices will run our day, taught by machine learning and implementations of AI to boost our productiveness and even health.

Recently, a prominent medical device company launched a mobile application to make pacemaker data more accessible for the patient as well as their treatment providers. This is just one example of how AIIOT can bring about monumental changes in the way we live.

Can you imagine how groundbreaking it can be for the treatment of patients with chronic heart conditions? It can boost the survival rate of patients and can even help them lead a highly healthy life by consistently offering valuable insights to bring changes in lifestyle as well as medication. This tech fusion sure is about to evolve our world in endless ways, as evidenced by its growing involvement in different walks of life. AIIOT shall soon be at the core of innovations that shall surround our day to day schedule, from our home to our workplace.

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