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2020-2025 Worldwide 5G, Artificial Intelligence, Data Analytics, and IoT Convergence: Embedded AI Software and Systems in Support of IoT Will Surpass $7B Globally by 2025 - ResearchAndMarkets.com

The author sees the Artificial Intelligence of Things (AIoT) as transformational for both technologies as AI adds value to IoT through machine learning and decision making and IoT adds value to AI through connectivity and data exchange.

AIoT market elements will be found embedded within software programs, chipsets, and platforms as well as human-facing devices such as appliances, which may rely upon a combination of local and cloud-based intelligence.

Just like the human nervous system, IoT networks will have both autonomic and cognitive functional components that provide intelligent control as well as nerve end-points that act like nerve endings for neural transport (detection and triggering of communications) and nerve channels that connect the overall system.

The big difference is that the IoT technology market will benefit from engineering design in terms of AI and cognitive computing placement in both centralized and edge computing locations.

The convergence of these technologies will attract innovation that will create further advancements in various industry verticals and other technologies such as robotics and virtual reality.

Data generated from IoT supported systems will become extremely valuable, both for internal corporate needs as well as for many customer-facing functions such as product life cycle management.

Metropolitan area supply chains represent complex systems of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Artificial Intelligence Vs Machine Learning Vs Data science Vs Deep learning | Applied AI Course

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