IoT has seen steady adopted across the business world over the past decade. Businesses have been built or optimized using IoT devices and their data capabilities, ushering in a new era of business and consumer technology. Now the next wave is upon us as advances in AI and machine learning unleash the possibilities of IoT devices utilizing “artificial intelligence of things,” or AIoT.
Consumers, businesses, economies, and industries that adopt and invest in AIoT can leverage its power and gain competitive advantages. IoT collects the data, and AI analyzes it to simulate smart behavior and support decision-making processes with minimal human intervention.