The idea of an intelligent, independently learning machine has
fascinated humans for decades. I remember how the concept became reality for me
after I purchased my first computer.
When I demonstrated the computer for my grandfather, he began by
saying, "Could you ask that machine ... ?"
He was clearly ahead of his time. Not to downplay the capability of the
Assembled PC 8080, with B&W TV as monitor but at the time, it would have
been premature to discuss, for example, neurorobotics as a part of everyday
life in Nagpur India, where I grew up.
Businesses expect employees not only to be smart and capable, but
flexible and adaptable. This expectation is no different in the way we use
technology. Our devices—and our data—are becoming more flexible in their
potential uses and how they’re relevant to our everyday lives.
Machine learning has experienced a boost in popularity among industrial
companies thanks to the hype surrounding the Internet of Things (IoT). Many companies
are already designating IoT as a strategically significant area, while others
have kicked off pilot projects to map the potential of IoT in business
operations. As a result, nearly every IT vendor is suddenly announcing IoT
platforms and consulting services.
If you’re a business owner or enterprise beginning to leverage the
Internet of Things (IoT), chances are you’ve started connecting your
operational technologies – including machinery, building HVAC, and other assets
– to your current software systems. As a result, you’re likely collecting a ton
of new data and think see the potential transformational value in
there…somewhere. One of the most difficult questions to answer when starting
out with IoT is how to take vast amounts of raw information and create real
business intelligence from it.
The combination of IoT and data and analytics may seem like a “chicken
vs. egg” dilemma, but it doesn’t have to be. Companies who have adopted IoT
with the ultimate goal of optimizing physical processes or providing predictive
analytics solutions still have an opportunity to use data and analytics to
advance their business, even if an implementation has stalled after the
technology is in place. It’s a more common issue than you might think, as
businesses new to IoT often lack the necessary expertise to move to the final
step of figuring out how to work with the data they’re collecting from their
Internet of Things (IoT) initiatives.
The Internet of Things (IoT) has received massive coverage and
widespread adoption. What few people have stopped to consider thus far is where
these connections will take us. As chatbots become more popular, we’re bearing
witness to a move toward further machine learning. As the natural progression
from smart objects to learning objects occurs, this new wave will encompass the
globe.
Witness The IoT Ripple Effect :At the heart of IoT is a desire to connect items we already own into
one cohesive network. These objects are useful for an increasing number of
purposes. The variety and value of the data these devices collect is constantly
growing. Though this is a solid first step, it certainly isn’t the last down
this pathway. While IoT adds value to the products we already own and the
services we already use, the data extracted from IoT is meant to tell marketers
what we’ll want to own and what services we’ll use in the future.
Data analysis is the second phase. Analytic systems collect, analyze,
organize, and feed data to the most relevant users. Though this is useful, it
presents several issues. The first is the sheer amount of data collected.
Processing this vast amount of data effectively to produce accurate,
overarching reports is difficult. This causes a further push toward automation
and cloud computing. The second issue is that IoT can’t learn from the
information it generates.
Businesses expect employees not only to be smart and capable, but
flexible and adaptable. This expectation is no different in the way we use
technology. Our devices—and our data—are becoming more flexible in their
potential uses and how they’re relevant to our everyday lives.
Watch The Rise Of The Chatbot Tide : Chatbots have received some attention recently, as several large
companies have announced progress in their development. The ultimate goal is
for these to replace all other platforms across devices—covering laptops,
tablets, smartphones, and everything else in IoT. Rather than opening a
browser, searching for “Italian food” by area, and then clicking through
websites, one would simply verbally request the nearest location with the
highest ratings. The chatbot would do all of the work and produce an answer.
This kind of interaction and immediate response places much more power in the
hands of the consumer than ever before.
Though some may read this and assume Siri has it covered, she’s a long
way from the true potential of this arena. An individual’s work, personal
projects, social contacts, and family calendars could all be connected and
accessible through a chatbot. This could revolutionize the way people function
in relation to their devices.
In my opinion, these systems will pave the way for true learning
platforms. IoT will become the internet of learning objects. With this in mind,
many design initiatives are transitioning from functionality to adaptability.
Anticipate The AI Wave : The billions of data points IoT produces must be organized. By paring
them down to what’s important and analyzing this data, the public and private
sectors benefit. This addresses everything from running a business, to military
logistics, to ordering groceries. Patterns, problems, and correlations will be
easier to address. Intelligent automation will make huge strides—leading to a
revolution in predictive analytics—and proactive intervention will be truly
possible. Enter Artificial Intelligence, or AI.
Machine learning may start with chatbots, but AI is the true potential
of IoT. The processing of this data (and likely the interpretation and learning
of it) will happen in the edge-computing realm. This will be fast and
uninhibited. I firmly believe more companies will allocate money to AI
development in the coming months and years. Once relegated to the realm of
Asimov and science fiction, these innovations will be borne of IoT and cover
the globe.
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