Article | July 16, 2022
Nothing is more innovative or sophisticated than the products being made by the wearables industry in the "smart" era. Individuals track, analyze, monitor, and transmit personal data using these tangible wearable gadgets. Moreover, the adaptable wearable technology is opening up new horizons with business-focused smartphone apps. However, it is still in its early stages, and according to recent developments in this field, the major players in wearable technology are concentrating on developing products with a focus on business applications.
These intelligent Internet of Things (IoT) devices are now widely employed in a variety of businesses and help detect biometric data such as heart rate and sleep habits, among others. In the coming ten years, wearable IoT technology or devices ought to become an integral part of every individual’s daily life.
Businesses around the world are incorporating the newest technologies into their functioning and are looking at digitally altering their impact in the market. With the majority of people already accustomed to using smartphones, they are now also getting familiar with utilizing wearable technology, such as smartwatches, jewelry, and fitness bands. Therefore, the demand for applications is increasing along with technology as we become more technologically adept.
Rising Wearable Industries
Health and Fitness Wearables
The health, fitness, and fashion industries are closely related to any wearable technology or device. People are now frequently using smartwatches to monitor their heart rate and the number of steps they take when walking or running, which has boosted the industries with this technology. IoT devices include medical sensors to track progress in terms of health. It is possible to determine how healthy a person's lifestyle is by gathering accurate health statistics from these devices. Additionally, it monitors sleeping patterns, enhancing your overall quest for wellness.
Gaming is a significant new market for wearable technology and one which is booming. The most prevalent category of wearables in the market is virtual reality (VR) headsets. With VR devices like the Oculus Rift or Playstation VR, players are immediately immersed in otherworldly experiences. Several kinds of breathtaking experiences are now accessible to players everywhere, thanks to VR wearables.
Automobiles are steadily gaining traction among IoT devices, but they are still a small market (just 0.05 percent of all connected devices are cars), and Ford and Tesla are vying for the top spot. Ford has dominated the connected car market, with Subaru being the only other manufacturer to see any appreciable growth in new connections since July 2020. In contrast, other producers are fighting for a sizable market share as the potential to grow this segment is highly exponential.
Today, wearable technology is planned, developed, distributed, and used in a variety of consumer and corporate markets. The ways in which these markets overlap and influence one another are constantly changing. IoT will significantly change how businesses engage with customers, streamline their operations, and contribute to the creation of a system that relies on such data.
Article | July 15, 2022
Artificial intelligence (AI) has already made headway into becoming a general-purpose technology vastly impacting economies. Yet, the interpretation and estimated trajectory for something remotely close to what we call AI now was first explored in the 1950s.
Until this very day, AI keeps on evolving further. Though let’s face it, AI would have been useless without data. With around 2.5 quintillion bytes of data being generated every day, the numbers will shoot up as the Internet of Things (IoT) enters the game.
Let’s see what this is all about and where and how exactly IoT crosses paths with AI applications.
IoT fundamentals: Where does IoT meet AI
The benefits of IoT in AI
Challenges of IoT in AI
Why implement machine learning in IoT
IoT applications for AI
IoT fundamentals: Where does IoT meet AI?
What is meant by the term internet of things (IoT) is essentially a system of correlated digital and mechanical appliances, computing devices, and sensors embedded often into everyday objects that transfer data over a network. IoT connects the internet to any and every physical thing or place in the world.
Modern IoT has advanced from the mere merging of microelectromechanical systems to wireless technologies, and faster data transfer through the internet. This resulted in a confluence of information technology and artificial intelligence, allowing unstructured machine-generated data to be evaluated for insights that could lead to new developments.
More and more industries are now referring to IoT to function more proficiently, provide better customer service, escalate the significance of their business, and implement robust decision-making.
Machine learning for IoT can be used to identify anomalies, predict emerging trends, and expand intelligence through the consumption of audio, videos, and images. The implication of machine learning in IoT can substitute manual processes and offer automated systems using statistically backed up actions in critical processes.
The benefits of IoT in AI and real life
IoT offers the following benefits to AI applications:
IoT data for business purposes
Cost and time savings
Task automation and reduction of human intervention
Higher quality of life
IoT data for business purposes
IoT can also be viewed as a data pool. That means by aggregating IoT data, one can extract useful data-driven feedback, which in turn (used properly) may foster effective decision-making. Businesses can also identify new market opportunities, not because of IoT itself but by using the data IoT provides. And since IoT offers companies access to more data, and hence advanced analytics of that data, its usage can eventually result in improved customer outcomes and enhanced service delivery.
Cost and time savings
When devices get connected, cost reductions come along with it. The gathering of different data allows for advances in efficiency, and it leads to money surplus and low-cost materials.
Task automation and reduction of human intervention
Nowadays, devices that are internet-connected can be found in every aspect of our lives, and it is safe to say that they make tasks easier. These automation features range from real-time AI-powered chatbots to home automation control systems, and all of it usually takes a click of a button.
For businesses offering AI-enabled solutions, similar advancements can be achieved with pipeline automation too. That includes significant cuts in annotation and QA time. By leveraging SuperAnnotate’s platform, hundreds of companies recorded faster task completion and more accuracy in prediction results.
Higher quality of life
IoT is not only beneficial in the business aspects but it also creates better living circumstances for us. Smart cities and agriculture, intelligent homes, and food waste solutions are some of the most common ways of IoT providing better, more sustainable living conditions for people.
Challenges of IoT in AI
Despite the numerous benefits and advancements that IoT brings to the table, there have been a few limitations with it. Some of them are listed below:
With the increased connection between multiple devices or their coexistence for model development purposes, more information is shared between them, which poses vulnerability to your data and makes room for caution. Added layers of protection are needed to prevent risks of data leaks and other threats.
Eventually, organizations will have to find a way to deal with the large numbers of IoT devices, and that will include the collection and systematic management of all the data from those IoT devices. The proper use of data lakes and warehouses, close governance, and intuitive arrangement of datasets will become an utmost priority.
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If one IoT device has a bug in its system, there is a large chance that every other connected device will also have it.
Because there are no international standards of compatibility for IoT, it's harder for different devices to communicate with one another.
Why implement machine learning in IoT
More and more companies are combining IoT with machine learning projects so they can achieve analytical skills on a large variety of use cases which allows their businesses to have access to fresh insights and adopt innovative automation. By implementing machine learning for IoT, they can leverage the following:
Convert data into a coherent format
Arrange the machine learning model on device, edge, and cloud
Enable use of data on edge devices directly for complex decision making
IoT applications for AI
Although we have covered the basics of IoT, its implications for AI are not as simple. Many corporations are adopting IoT which allows them to have an advanced approach to growing and advancing their business. Novel IoT applications are offering organizations the ability to plan and implement more vigorous risk management strategies. Some of the more common uses of IoT in AI encompass the following:
Not only does IoT expand the material ﬂow systems in transport logistics, but it also improves the automatic identiﬁcation and global positioning of freight. It also increases energy efﬁciency and consequently declines the consumption of energy.
Although the term smart city is still incomplete, it mainly refers to an urban area that endorses sustainable enlargement and high quality of life. Gifﬁnger et al.’s model explains the features of a smart city, including the people, the government, the economy, and lifestyle.
The two main objectives of future health care are e-health control and prevention. People nowadays can choose to be monitored by physicians even if they do not live in the same country or place. Tracing and monitoring peoples’ health history makes IoT-assisted e-health extremely useful. IoT healthcare solutions could also benefit the specialists, as they can collect information to advance their medical calculations.
Ever since its development, IoT, especially AI-enabled IoT, as discussed, has been enhancing our daily lives and directing us to work smarter while having complete control over the process. Besides having smart appliances to elevate homes, IoT devices can also be essential for providing insights and an actual look for businesses into their systems. Heading forward, IoT will continue to develop as more organizations get to understand its potential usage and tangible benefits.
Article | July 6, 2022
Automation, interconnectivity, machine-learning, and real-time data are part of Industry 4.0, a new phase in the Industrial Revolution. Industry 4.0, which includes IIoT and smart manufacturing, combines physical production and operations with smart digital technologies. It creates a more holistic and linked environment for manufacturing and supply chain management organizations.
In today's production environment, "automation" has a new, more advanced meaning than it has in the past. Industry 4.0 refers to the necessity of lean, efficient operations and the function of sustaining and improving production. In contrast, IIoT distinguishes manufacturing gadgets from consumer products that can connect wirelessly to internal networks and the internet.
IIoT Powering the Fourth Industrial Revolution
Manufacturing, logistics, oil and gas, transportation, mining, aviation, energy, and other industries use the IIoT. Its main goal is to improve operations, mainly through process automation and maintenance. IIoT capabilities improve asset performance and allow for improved maintenance management. The introduction of Industry 4.0 technologies marked a significant milestone in the human-machine relationship's history. I4.0 was first talked about in 2011. Since then, it has proliferated because of new technologies such as cyber-physical systems, IT/OT convergence, AI/ML, Blockchain, and AR/VR.
Data is at the heart of the Fourth Industrial Revolution. The growth of the Internet of Things (IoT) is one of the main reasons behind this. The IoT is making a significant contribution in making businesses smarter and improving their workflows. Moreover, more data is being made and used by connected devices than ever before, from the home to the factory.
In order to thrive in the fourth industrial revolution, businesses must embrace new technologies. The general structure of IIoT applications is defined by standards-based industrial system architectures such as the Industrial Internet Consortium's Reference Architecture. Sensors and IoT devices, IoT middleware platforms, IoT gateways, edge/cloud infrastructures, and analytics applications are all part of the stack.
The Future of the IIoT
The Industrial Internet of Things (IIoT) is primarily regarded as one of the most significant current and future trends influencing industrial companies.
To comply with new rules, industries are rushing to upgrade their systems, machinery, and equipment. This is necessary to keep up with market volatility and deal with disruptive technologies.
Safety, efficiency, and profitability have all improved dramatically in industries that have adopted IIoT. As IIoT technologies become more widely adopted, this tendency is projected to continue.
The fourth industrial revolution has drastically altered our perceptions of things in the workplace. At a rapid rate, capitalists are becoming more interested in sophisticated ideas.
The way forward is to embrace existing and emerging technology throughout fundamental operations to unleash more enticing possibilities. It emphasizes the importance of comprehending the impact collaborative ecosystems can have as well as how they will become a major differentiator for generating value with a better-trained workforce.
SOFTWARE AND TOOLS
Article | May 26, 2022
We live in a world where technology is becoming more and more intertwined with our daily lives. It’s no longer just our laptops, smartphones, and tablets connected to the internet – now, our homes, cars, and even our clothes can be too. This interconnectedness is made possible by the internet of things (IoT), a network of physical objects equipped with sensors and software that allow them to collect and exchange data.
IoT devices have the potential to transform the way we live and work. They can make our lives more convenient and help us be more efficient. IoT devices can also help us to save money and to improve the quality of our lives.
IoT devices are devices that are connected to the internet and can collect, send, and receive data. They can be anything from fitness trackers to industrial machines. IoT devices are used across a variety of industries, and they are becoming more and more commonplace. At [x]cube LABS, we have helped global enterprises deliver great value to their consumers with IoT devices, and in this blog post, we will talk about how IoT devices are used in different industries. Additionally, we will give some examples of IoT devices that are being used in each industry.
IoT devices are being used in healthcare to provide better patient care and to improve the efficiency of healthcare organizations. IoT devices can be used to monitor patients’ vital signs, track their medication adherence, and collect data about their health. IoT devices can also be used to provide remote patient monitoring, track medical equipment, and support clinical research.
There are many different types of IoT devices that are being used in healthcare. Some of the most common types of IoT devices that are being used in healthcare include wearable devices, such as fitness trackers and smartwatches; medical devices, such as pacemakers and insulin pumps; and hospital equipment, such as IV pumps and ventilators. All these devices collect data that can be used to improve patient care and make healthcare organizations more efficient.
IoT devices are being used in manufacturing to improve the efficiency of production lines and to reduce the amount of waste. IoT devices can be used to track the production of products, monitor the condition of machinery, and control the flow of materials. IoT devices can also be used to provide data about the quality of products and to improve the safety of workers.
One of the most common types of IoT devices that are being used in manufacturing is the industrial sensor. Industrial sensors are used to monitor the production of products, the condition of machinery, and the flow of materials. Industrial sensors can also be used to provide data about the quality of products and to improve the safety of workers. The availability of data from industrial sensors is helping manufacturers to improve the efficiency of production lines and to reduce the amount of waste.
IoT devices are being used in retail to improve the customer experience and increase sales. IoT devices can be used to track inventory, provide customer loyalty programs, and collect data about customer behavior. IoT devices can also be used to provide personalized recommendations, targeted promotions, and real-time customer support.
IoT devices are changing the retail sector in a number of ways. One of the most important ways that IoT devices are changing retail is by providing retailers with real-time data about their customers’ behavior. This data allows retailers to provide a more personalized shopping experience. IoT devices are also being used to improve the efficiency of retail operations, such as inventory management and customer loyalty programs.
IoT devices are being used in transportation to improve the safety of drivers and reduce traffic congestion. IoT devices can be used to monitor the condition of vehicles, track their location, and control their speed. IoT devices can also be used to provide data about traffic conditions and to improve the efficiency of transportation systems.
One of the most common types of IoT devices that are being used in transportation is the GPS tracker. GPS trackers are used to monitor the location of vehicles, and they can be used to track the speed and movement of vehicles. GPS trackers can also be used to provide data about traffic conditions and to improve the efficiency of transportation systems.
Agriculture has become increasingly reliant on IoT devices in recent years. IoT devices are being used in agriculture to improve the yield of crops and to reduce the amount of water and fertilizer that is used. IoT devices can be utilized to monitor the condition of crops, track the location of farm animals, and control the flow of irrigation water.
These innovations are helping farmers to increase the yield of their crops and to reduce the amount of water and fertilizer that is used. The data collected by IoT devices is also helping farmers to make more informed decisions about planting, irrigation, and crop maintenance.
Smart homes are becoming increasingly popular, and IoT devices are the backbone of these systems. IoT devices are being used in homes to improve the security of the home, reduce energy consumption, and improve the quality of life. They can be used to monitor the condition of the home, track the location of family members, and control the operation of home appliances. What’s more, IoT devices can also provide data about the quality of the air, which can be used to improve the efficiency of home security systems. In the future, IoT devices will become an integral part of the smart home, and they will be used to control a wide variety of home appliances and systems.
The aviation industry is making use of IoT devices to a great extent. The aviation sector is one of the most heavily regulated industries in the world, and IoT devices are being used to improve the safety of passengers and crew members.
IoT is changing the aviation industry by providing data that can be used to improve the safety of pilots and passengers. IoT devices can be used to monitor the condition of aircraft, track their location, and control their speed. IoT devices can also be used to provide data about weather conditions and to improve the efficiency of aviation operations, which can ultimately lead to lower airfare prices.
The energy sector is also utilizing IoT for a variety of applications. One way that IoT is changing the energy sector is by providing data that can be used to improve the efficiency of energy production and consumption.
They are being used to improve the efficiency of power generation and distribution. IoT devices can be used to monitor the condition of power plants, track the location of power lines, and control the flow of electricity. By using IoT devices to monitor and optimize the power grid, energy companies can reduce the amount of power that is wasted and ultimately lower energy bills for consumers.
IoT devices are changing the world in a number of ways. They are providing data that can be used to improve the efficiency of operations in a variety of industries, from retail to transportation to agriculture. It is likely that IoT devices will become an increasingly important part of our lives in the future due to the efficiency and data that they can provide.