Imagine yourself in a smart future – a technologically advanced world where the machines around aren’t just dumb devices but a smart creation. This future is not an imagination but an incredible reality of few upcoming years. That time isn’t so far when Artificial Intelligence Services will boom the market. We hear the noise of two dynamic technologies Artificial Intelligence and the Internet of Things.
Now there might be some questions bustling in your mind, including what is AI and IoT. Let’s learn about both technologies in detail.
Artificial Intelligence: Artificial Intelligence can do all the humanly tasks.
Internet of Things: In contrast, IoT is a network that collects data from various devices through the internet.
Imagine you left your home and suddenly realize that you didn’t switch off your AC. Now, what will you do? Might you think of going back to your home and switch it off, right? What if say don’t go back and switch the AC from wherever you are? Does it make sense? Well, yes, all of this is possible with AI and IoT. These two technologies are interrelated. As the sensors are connected with the internet, they help the objects get data about the environment. Without the human interface, it transfers the data and is used according to the requirements.
Why Businesses Required Artificial Intelligence for IoT?
As per a Business Insider report, IoT devices will be over $2.4 trillion annually by 2027. Here artificial intelligence helps you. Ask how? Because Artificial Intelligence helps IoT in collecting a massive amount of data. Moreover, it turns the data into useful information that is used by many IoT devices. Combining these technologies supports the business to make better decisions and increase the growth of a business. You can observe the many applications that require AI and IoT to get superior results. Let’s check them out!
We started with a powerful example of technology such as Drone. These are like aircraft that are designed by the software and don’t need a human pilot. These drones can navigate unknown places, especially those areas that are beyond the reach of the internet. It helps during wars, crime operations, burning buildings, and other complex cases.
Today, we are not only using smart technologies but living in an entirely smart world. Now how can a world be considered as smart? Because of the sensors that can be attached with the cities to monitor the environment. You can get the news about the traffic conditions, air pollution and any other news about the environment.
Smart Retailing Solutions:
We live in a smart city, using smart devices; how can you don’t smart shop? Doesn’t it seem impossible? Today, business is using the set of smart technologies such as IoT and AI to analyze the customer buying behavior. Those businesses that are providing a safer, smarter and faster customer experience are successful today. We live in a world where everybody uses smartphones to do all the tasks. From purchasing groceries to ordering food and from making payments to booking tickets, everything becomes technically smart. We can surely say that the organization that isn’t using these technologies will surely lose the market in the near future.
What comes to mind first when you hear the word “cobots”? Isn’t it clear that it’s a robot? However, there is a distinction between the two. A robot is regarded as a big machine that necessitates high protection and a relatively large space. Cobots are the new type that designed to help humans by along their side. In contrast to traditional robots, cobots have several safety features that avoid certain accidental harm. Moreover, it provides businesses a continuous improvement and flexibility of the work.
All the organizations that are adopting technological advancement are growing rapidly than those who didn’t even start yet. But is this enough? The answer is the big NO. apart from this; businesses must be known how to run the asset and how to manage the profit. You can do all this by simply with a digital twin. It is specifically designed for organizations to reduce the cost of performance testing. With digital twins, you don’t need traditional testing methods anymore.
How the Unique Combination of IoT and AI Benefit Your Business?
- Enhancing Customer Experience: With the technological advancements, markets are becoming competitive day by day. To become number one, you need the right customer data and in-depth knowledge of your brand’s experiences. AI and IoT support you in collecting the relevant data. Not only this, it analyzes and gives you the best result to take the better decision.
- Avoid Unnecessary Expenditure: We observed that the post-pandemic badly changed the business activities around the globe. There isn’t much change in 2021; we can still feel the pain of post-pandemic. With the latest technology, you can lower the expenditure without losing your b productivity. It assists you in taking the cost-driven actions that ultimately control the business flow.
- Provide High Safety: Security is one of the key aspects of every business. Compromising on security can lead to various business downfalls. With the latest technology, you can avoid cyber-attacks and protect your consumer data.
Isn’t it enough to understand these two technologies? If not, we have real-world examples for you.
Real-World Examples of AI and IoT
The world is more tech-savvy than we ever thought. Artificial Intelligence and IoT is not an entirely new concept. It can be successfully applied to many real-world applications. Such as:
Self-Driving Cars: Self-driving or robotic car was just the imagination a decade ago. Today these are part of the real world. Tesla Motors self-driving cars are a great example of AI and IoT.
Nest Labs: Don’t blame what you cannot control and start taking intelligent actions to make things in your control. With the Smart Thermostat, you can now understand the temperature and schedule your day accordingly.
Wild Track: Advance technology has no limits. It is not here for only humans but for animals too. If you are wondering how? We will give you the answer. There are so many animals that are going extinct or endangered. With the Wild Track’s footprint technique, you can easily track the animals and get data about their age, gender, species, and more. Then this data can be used to get the result of how to preserve several endangered species.
Automated Vacuum Cleaner: When everything is becoming smart, why not smartly clean your surroundings. Does it make sense? Hey, read further. With both these advanced technologies, the vacuum cleaner can clean the room efficiently and quickly. A robotic vacuum cleaner can detect each dirty spot with sensors.
The Future Ahead
One more invention was born after big data, the marvelous combination of Artificial Intelligence and the Internet of Things. This modern technology opens up a world of potential and possibilities for all. Technology is for everyone, whether you have a successful business or are only doing your housework. Continuous advancements in artificial intelligence, along with the Internet of Things, will bring a digital future that will continuously speak directly to us. So, what are you waiting for? Start talking to the top Artificial Intelligence Development Company today and be a part of the technologically advanced world.