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Industrial IoT: Understanding the Basics

#artificialintelligence

Due to the upcoming fourth industrial revolution, it is essential to understand the basics of Industrial Internet of Things (IIoT). Its main goal is to provide smart solutions to manufacturing industries. IIoT offers a range of benefits for manufacturers that include innovation, maintenance cost reduction, improved efficiency, and lower unproductive periods. IoT devices can significantly help companies improve their operations. There are numerous applications of this technology, and it is constantly evolving. If your business relies on smart tracking devices, it can improve operations by keeping track of goods in transit. These tools can even track customer satisfaction by monitoring their location, status, and condition. Many global companies have already started using IoT-connected devices.


Artificial Intelligence of Things (AIoT) - Trends and Applications in 2022 - viso.ai

#artificialintelligence

The accelerating convergence of artificial intelligence (AI) and Internet of Things (IoT) has sparked a recent wave of interest in Artificial Intelligence of Things (AIoT). This article covers everything you need to know about the basics of the Artificial Intelligence of Things. We will discuss how emerging technology drives the development of disruptive applications, software, sensors, and systems. AIoT stands for Artificial Intelligence of Things; it combines the connectivity from the Internet of Things (IoT) with the data-driven knowledge obtained from Artificial Intelligence (AI). This emerging technology is based on the integration of Artificial Intelligence in IoT infrastructure.


Ten Trends of IoT in 2020

#artificialintelligence

The Internet of Things (IoT) is actively shaping both the industrial and consumer worlds. Smart tech finds its way to every business and consumer domain there is -- from retail to healthcare, from finances to logistics -- and a missed opportunity strategically employed by a competitor can easily qualify as a long-term failure for companies who don't innovate [3]. The year 2020 will hit all 4 components of IoT Model: Sensors, Networks (Communications), Analytics (Cloud), and Applications, with different degrees of impact. By 2020, the Internet of Things (IoT) is predicted to generate an additional $344B in revenues, as well as to drive $177B in cost reductions. IoT and smart devices are already increasing the performance metrics of major US-based factories.


The Internet of Things (IoT) - essential IoT business guide

@machinelearnbot

The Internet of Things is an essential driver for customer-facing innovation, data-driven optimization and automation, digital transformation and entirely new applications, business models and revenue streams across all sectors. The Internet of Things is the logical next step in the evolution of the Internet. The roots of the Internet of Things go back to several existing technologies including machine-to-machine communication (M2M), RFID and sensors. The Internet of Things converges industries and specializations, uniting Information Technology and Operational Technology (IT and OT) and contributing to industrial transformation (Industry 4.0) and a wave of use cases which are either cross-industry or typical to a specific sector. As of June 2017 the main areas of Internet of Things investments (industries and use cases) include manufacturing operations, transportation, smart grid technologies, smart buildings and, increasingly, consumer Internet of Things and smart home automation.


Internet of Things - the complete online guide to the IoT

#artificialintelligence

The Internet of Things is an essential driver for customer-facing innovation, data-driven optimization and automation, digital transformation and entirely new applications, business models and revenue streams across all sectors. The Internet of Things is the logical next step in the evolution of the Internet. The IoT converges industries and specializations, uniting IT (Information Technology) and OT (Operatonal Technology) and contributing to industrial transformation (Industry 4.0) and a wave of use cases which are either cross-industry or typical to a specific sector. As of June 2017 the main areas of IoT investments (industries and use cases) include manufacturing operations, transportation, smart grid technologies, smart buildings and, increasingly consumer IoT and smart home technologies – check out our major IoT trends. The interconnection of physical devices with embedded sensing and communication possibilities, including sensors and actuators, is not new.