Shaping Smart Businesses with AI and the Internet of Things

by Emma W. Web Designer

Technology has penetrated into our lives to a very large extent. We interact with smart gadgets, smart homes and machine-assistants for the most trivial as well as for the most important activities, personal or business. Such technologies were bound to impact the manner in which business is conducted. Large corporations, as well as smaller enterprises, are readily investing in superior technologies to carry out complex tasks with increased efficiency as like Aloha Technology.

A large number of tasks are carried out over enterprise applications and this has increased accountability, given the management a chance to analyze and assess their growth and integrated multiple processes over a centralized digital system. With the advent of advanced technologies like Artificial Intelligence and the Internet of Things, businesses are bound to become smarter and more agile.

What is AI & IoT?

Artificial Intelligence refers to the technology wherein intelligent characteristics like critical analysis, decision-making, etc. are augmented into a machine. This is done with the help of complex coding processes, like Machine-Learning, which relies on vast amounts of relevant data.

The Internet of Things refers to the virtual network between different physical devices like vehicles, clocks, kitchen appliances, etc. When combined effectively, AI & IoT are capable of performing complex tasks on the basis of the data from IoT devices and Artificial Intelligence to analyze, inform and make/take decisions. For example, certain smartwatches would be able to place a call to the doctor when the person’s heart rate reaches a certain limit.

Characteristics of a Smart Business

Business owners are looking to become more and more agile in the Age of Digital Transformation. AI & IoT enables companies to function with much more efficiency and cut down on unnecessary activities. AI enabled supply-chains would become smarter and counter certain errors on their own. Chatbots would replace some aspects of customer service.

Daily tasks would be monitored on a real-time basis and notifications regarding unfinished tasks would go out automatically. As machines would be able to interact with more and more objects, operations are bound to move faster. Both the technologies are slowly becoming interdependent. They are changing the face of countless traditional processes and practices in business, making some tasks automated, and hence, independent to make decisions.

Artificial Intelligence and Machines Learning carry out tasks with relatively lesser errors as compared to humans. Thanks to the superior and highly refined augmentation that AI has achieved, machines can now effectively replace humans in many tasks without the customers or any other external party becoming aware of this shift. This has revolutionized the realm of business and resource management. So, in the near future, smarter businesses would undoubtedly be the ones that use technology to their advantage.

Aloha Technology – Providing Technology Solutions

Superior technologies like AI & IoT are bound to be met with challenges. The infrastructural support, security requirements and hardware, as well as software maintenance, are daunting tasks to grapple with. Under such circumstances, a business also has the alternative of outsourcing these services to companies like Aloha Technology which would deliver specific solutions and focus on building smarter business processes.

Looking beyond the temporary challenges, adopting a successful combination of Artificial Intelligence and the Internet of Things is a positive investment for businesses. In the areas of operations, logistics, production, delivery, communication as well as for the predictive functions necessary in a business, a robust AI & IoT integrated system would definitely go a long way.