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.