Artificial Intelligence of Things (AIoT) is the use of artificial intelligence (AI) technologies to enhance an Internet of Things (IoT) infrastructure. An important goal of AIoT is to transform operational data into information that can be used to make decisions in real time. AIoT technologies have the ability to capture streaming data, determine valuable attributes and immediately make a decision without requiring human intervention. Currently, AIoT can support freestanding hardware components such as Google Home, as well as embedded hardware components such as AI chipsets. Application programming interfaces (APIs) can be used to extend interoperability between components at the device level, software level or platform level. While the concept of AIoT is still relatively new, real possibilities exist for AI to improve industry verticals for industrial, consumer, business-to-business (B2B) and service sectors. As applications for AI technologies grow, the unstructured data generated from IoT-supported systems is expected to increase in value correspondingly and the ability to use streaming data to make data-driven decisions will add a new dimension to service logic. In some cases, experts predict, the data itself will become the service because of its ability to provide actionable information. In addition to becoming a viable solution for solving existing operational problems, AIoT is also expected to reduce supply chain risk, which includes expenses associated with human capital management (HCM). AIoT is also expected to create new delivery models such as IoT Data as a Service (IoTDaaS). |
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