“What will happen when we will learn how to combine AI, IoT and general tools?” On 2nd March, Karina Popova will answer this question at Voxxed Days Bristol. We asked her where we are with IoT and AI, and what trends we can expect in 2017.
Are we at the stage where we can take advantage of all of the data available from devices in our homes? Or are we still waiting for something that connects them all?
In my opinion, we are highly involved in the data adaption process, but not fully ready to get the valuable insights out of it. The main reason is that we are still at the testing stage. However, the prices for the manufacture of new IoT devices has been decreasing during the last year. At the same time, because of the need for large-scale investigation and reduced maintenance efforts, cellular connectivity still is the main way of communication for IoT. This means that even novice entrepreneurs can develop gadgets at low costs with GSM shields and sell them with a very decent profit. Unluckily, it does not guarantee the good service. However it definitely supports the IoT evolution.
The next logical evolutionary step is the transition to bots. This will massively disrupt businesses and will open up a lot of room for innovation. And IoT will be in there. Just imagine – what if your fridge initiated the conversation with your local food provider?
What are the challenges in collecting and combining IoT data?
At some point the Internet of Things will become the biggest source of data on the planet. But data is most valuable to us when it can immediately inform action. That means that data must be collected and analysed immediately to maintain a continuous flow of information and feedback within the enterprise, and its connected devices.
Many IoT devices – from washing machines to quadcopters – generate tons of information. The only problem with this approach is the difficulty in separating valuable output from the noise. With enormous streams of data it is difficult to make decisions in real time and automate processes. Since the progress of human society depends on the transformation of raw data into useful information, knowledge and wisdom, the Internet of Things can bring many positive discoveries into our lives.
In order to analyze the data immediately to accurately identify previously known and never-before seen new patterns, it is necessary to provide real-time data collection. However, the big problem is still finding ways to collect the deluge of performance data and information that all of these devices create. This is especially true for time critical-services or projects in remote areas. From what we have learned working on our M2M service “wherever SIM”, better data collection is the most important thing right now. This is namely: mobile connectivity. Maintaining a permanent connection is something a lot of product developers are still struggling with. However, continuous connectivity is the foundation of better products and better data science.
How is IoT data combined with AI, and what are we learning from it?
Artificial intelligence has reached the point now where it can provide invaluable assistance in speeding up tasks still performed by people. Once computers can fully simulate a human brain and surpass it, it will cause an “intelligence explosion” that will radically change civilization.
IoT won’t work without Artificial Intelligence, as devices produce a big hay stack of data and to be able to find needles in this hay stack we would need an artificial intelligence. It will be an essential part of IoT systems as organisations struggle to make sense of the enormous amounts of data produced by the Internet of Things. Every large corporation tries to collect and maintain a huge amount of human-oriented data associated with its customers. This data includes their preferences, purchases, habits, and other personal information. The potential for highly individualized services are endless and will dramatically change the way people live.
What are emerging trends that you think will grow in 2017?
IoT continues its run as one of the most popular technology focuses of the year. All current smart gadgets such as thermostats, sockets and coffee machines which could be controlled from our smartphone – are just a toy or a prelude to the deeply IoT integrated future world. The Internet of Things will develop a dynamic network. This will consist of billions and trillions of different devices communicating with each other. It will lead to a fusion of the physical and digital world. This may result in a completely new environment in which intelligence, implemented through software applications, can evaluate things in the physical world. It could take into account the previously accumulated experience and information to support decision making processes. In such an environment qualitatively new conditions for health, business, technical and environmental safety and so on will be created.
I believe more companies will allocate money to AI and IoT development in the coming months and years. It is not science fiction anymore, these innovations will be borne of IoT and cover the globe.
For more, see Karina’s talk at Voxxed Days Bristol.