Connecting devices to the internet through IoT connectivity has proven to be a game changer in almost every vertical. One of the advantages of IoT is that it can provide strong synergies when combined with other technologies. By combining IoT applications with Artificial Intelligence (AI), it is possible to take the performance of IoT to a higher level.
Artificial Intelligence is the simulation of human intelligence by computer systems. This means, among other things, that these systems are programmed in such a way that they can learn themselves. They do this by processing data based on certain rules and by correcting these rules independently. This form of Artificial Intelligence is called Machine Learning.
Basically, IoT is a technology that collects data from everyday devices. You can independently analyze this data and check for patterns, but there is a good chance that you will overlook something. Moreover, with the data coming from IoT ‘devices’ becoming increasingly rich and extensive, it is almost impossible to assess and understand this data using traditional methods.
IOT and Artificial Intelligence
By linking the ‘devices’ to Artificial Intelligence, it is possible to structure the large amounts of data, to recognize and discover patterns. IoT technology collects the data and then AI ensures that it is converted into intelligence. The combination of IoT applications with AI enables real-time responses, for example via a remote video camera that reads license plates or analyzes faces.
To be able to use the full potential of IoT as a company, this technology will therefore have to be combined with Artificial Intelligence. Ultimately, this combination ensures that ‘devices’ become even smarter. It enables them to behave intelligently and make informed decisions without any human intervention.
In other words: why is it valuable to have your data analyzed by AI? There are two clear benefits: accelerating operational processes, and responding more quickly to risks and incidents (e.g. with video cameras). Organizations that do not use AI perform less well on these indicators.