Being an omnipresent technology Artificial Intelligence (AI) has a crucial role to play in the revolution of upcoming technology. IoT, together with AI can change the dimension of the present technological landscape.
The report suggests the global AI market will approach US $ 202.57 billion by the end of 2026, which was US $20.67 billion in 2018, so approximately 33 percent increase is expecting as per the recent fast-growing technological scenario.
In current times both IoT and AI are rapid and most efficient digital technologies; that is why technical persons are looking forward to amalgamating both the technology to produce something unmatchable out of it. Both the technology overlap for their individual and overall growth. But every field is using these two technologies die to easy operational techniques.
IoT applications, along with non-computing devices are producing huge data every second, among which some are in unstructured form whereas some are in SQL formats, which makes it difficult for the IoT devices to manage and use the raw data. AI can process huge data faster than any other technology; it is also capable of running an analysis of abstract data.
The combination of IoT and Ai has a huge potential to make businesses more intelligent and cognitive by boosting both the productivity and performance of the systems. The approach also eases the maintenance process.
Though these two technologies do not share the same history of evolution, they have a lot of things in common regarding application and operation. Both of them have the capability of initiating transformation for product and service-oriented models.
Businesses are reaching new heights with these two powerful technologies because with these the network the whole communication process can generate huge valuable data. Those data can transform and channelize into many useful platforms across the technology industry.
The coming decade is going to see a new era of technical progress that will come through the amalgamation of IoT and AI. The data communication process will be easier and smarter than ever before.
Sudipto is a Senior Content Developer at IoT Avenue who helped to build the content of the site along with several other sites with his compassionate SEO driven content. He is also a HubSpot, certified Content Marketer. He brings five years of experience to his current role, where he is dedicated to developing the content of different websites.
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