Tuesday, July 21, 2020

IoT and opportunities for Analytics, Artificial Intelligence & Machine Learning

IoT is not just for establishing connections between devices and systems. IoT is opening up opportunities for Analytics, AI Artificial Intelligence and Machine Learning ML

IoT tools can act on the numerous data sources available from various devices, sensors, and systems. Organisations can have comprehensive view of their customers’ requirements in a way that wasn’t previously possible and can then use those insights to improve the overall customer experience.

A great example would be, IoT has the potential to transform the way Healthcare is delivered. Patient’s vitals monitoring device such as Glucose Levels, Blood Pressure & Heart-Rate are being connected to the IoT which then enables the capability to share real-time patient information. Analysis of the data obtained from patient monitoring devices can be used to provide inputs to patient control devices like ventilators, defibrillators, etc.

- Use of IoT sensor enabled cameras at Airports to detect passenger queues at various check points

- Use of IoT sensors at Shopping centers to detect broken escalators, dirty washrooms

Using IoT sensors, Supermarkets in UK can regulate the temperature of refrigerators & ovens to keep it at optimum temperatures which can reduce energy consumption & reduce food wastage by keeping food at the right temperatures. IoT can monitor the refrigerators temperature in real time & as soon as the temperature of a particular refrigerator goes above/below the optimum levels, IoT can assist in setting the temperature of refrigerator back to the optimum level. This will also help in reducing the greenhouse gas emissions from thousands of refrigerators used in Supermarkets across UK.

IoT can play a big role in driving automation and controlling with building heating and cooling systems, which are heavy energy consumers. IoT sensors can detect how many people are there inside the store in real time, this can then be used to automatically turn off the system when customers have left, thus conserving energy. Again will help in reducing the greenhouse gas emissions

Walmart installed IoT water monitoring systems to water the grass at 1,000 stores in 2009, and saw a 33% reduction in total water consumption over the next five years.

- A report by Ericsson states that, IoT could help reduce greenhouse gas emissions by up to 15%, across all industrial sectors by 2030

Using the IoT and Cloud platform, fishermen with smartphones can now upload geo-located images of the sea mammals via a mobile app. This data can then be analysed to put together recommendations for future protection areas.

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