IoT stands for the Internet of Things, while AI stands for Artificial Intelligence. Although both have been gaining popularity in recent years, many people are still confused about the difference between them and how they work together to form a smart home or business. This article will explain how IoT and AI complement each other and offer an explanation of how to use them in conjunction with one another to help improve your home or office life!
1) Overview of both technologies
The Internet of Things (IoT) comprises all of our internet-connected devices. It includes wearables, smart home products, smart cities, agriculture systems—basically any thing with an internet connection. The Internet of Things (IoT) comprises all of our internet-connected devices. It includes wearables, smart home products, smart cities, agriculture systems—basically any thing with an internet connection.
2) Internet of Things (IoT)
The Internet of Things (IoT) refers to wireless technologies that connect everyday objects to each other, to networks, and to people. It’s a core component of Industry 4.0, a term that refers to industrial applications of information technologies in manufacturing environments. The Internet of Things will have a profound impact on supply chains by making them more efficient, secure, robust, agile, adaptable and resilient. Looking to hire Iot developers, you can hire app development company like Valuecoders from where you can hire dedicated development team for your next project.
3) Artificial Intelligence (AI)
Artificial intelligence (AI) is a broad area that includes many different methods of constructing software to behave in ways similar to that of humans. Some types of artificial intelligence include knowledge-based systems, soft computing systems, cognitive architectures, neural networks, fuzzy logic, machine learning, swarm intelligence algorithms and genetic algorithms. These different approaches often have overlapping domains and applications. Looking to hire AI developers, you can hire AI development company like Valuecoders from where you can hire dedicated development team for your next project.
4) Pros & Cons
When it comes to analyzing technologies, one often needs to consider both their strengths and weaknesses. In order to get a proper picture of how a particular technology works, it’s essential to understand not only what it can do but also what it cannot. In comparing IOT with AI, we’ll take a look at their respective strengths and weaknesses so that we can decide which is right for our business model.
Today, we’ve seen how different technologies influence our future. The Internet of Things (IoT) is growing bigger every day, bringing us countless benefits for our businesses, workplaces, and even in our personal lives. However, it will still be some time before technology becomes fully integrated into our daily routine. One of today’s most revolutionary technologies—artificial intelligence (AI)—is making headlines on a regular basis due to its quick advances.
Everything around us has become smart, like smart infrastructures, smart cities, autonomous vehicles, to name a few. The innovation of smart devices makes it possible to achieve these heights in science and technology. But, data is vulnerable, there is a risk of attack by cybercriminals. To get started, let’s know about IoT devices.
The Internet Of Things(IoT) is a system that interrelates computer devices like sensors, software, and actuators, digital machines, etc. They are linked together with particular objects that work through the internet and transfer data over devices without humans interference.
Famous examples are Amazon Alexa, Apple SIRI, Interconnected baby monitors, video doorbells, and smart thermostats.
When technologies grow and evolve, risks are also on the high stakes. Ransomware attacks are on the continuous increase; securing data has become the top priority.
When you think your smart home won’t fudge a thing against cybercriminals, you should also know that they are vulnerable. When cybercriminals access our smart voice speakers like Amazon Alexa or Apple Siri, it becomes easy for them to steal your data.
Cybersecurity report 2020 says popular hacking forums expose 770 million email addresses and 21 million unique passwords, 620 million accounts have been compromised from 16 hacked websites.
The attacks are likely to increase every year. To help you secure your data of IoT devices, here are some best tips you can implement.
Your router has the default name of make and model. When we stick with the manufacturer name, attackers can quickly identify our make and model. So give the router name different from your addresses, without giving away personal information.
If your devices are connected to the internet, these connections are vulnerable to cyber attacks when your devices don’t have the proper security. Almost every web interface is equipped with multiple devices, so it’s hard to track the device. But, it’s crucial to stay aware of them.
When we use the default usernames and passwords, it is attackable. Because the cybercriminals possibly know the default passwords come with IoT devices. So use strong passwords to access our IoT devices.
Use strong or unique passwords that are easily assumed, such as ‘123456’ or ‘password1234’ to protect your accounts. Give strong and complex passwords formed by combinations of alphabets, numeric, and not easily bypassed symbols.
Also, change passwords for multiple accounts and change them regularly to avoid attacks. We can also set several attempts to wrong passwords to set locking the account to safeguard from the hackers.
Are you try to keep an eye on your IoT devices through your mobile devices in different locations. I recommend you not to use the public WI-FI network to access them. Because they are easily accessible through for everyone, you are still in a hurry to access, use VPN that gives them protection against cyber-attacks, giving them privacy and security features, for example, using Express VPN.
There are software and firewalls like intrusion detection system/intrusion prevention system in the market. This will be useful to screen and analyze the wire traffic of a network. You can identify the security weakness by the firewall scanners within the network structure. Use these firewalls to get rid of unwanted security issues and vulnerabilities.
Every smart device comes with the insecure default settings, and sometimes we are not able to change these default settings configurations. These conditions need to be assessed and need to reconfigure the default settings.
Nowadays, every smart app offers authentication to secure the accounts. There are many types of authentication methods like single-factor authentication, two-step authentication, and multi-factor authentication. Use any one of these to send a one time password (OTP) to verify the user who logs in the smart device to keep our accounts from falling into the wrong hands.
Every smart device manufacturer releases updates to fix bugs in their software. These security patches help us to improve our protection of the device. Also, update the software on the smartphone, which we are used to monitoring the IoT devices to avoid vulnerabilities.
When we connect the smart home to the smartphone and control them via smartphone, you need to keep them safe. If you miss the phone almost, every personal information is at risk to the cybercriminals. But sometimes it happens by accident, makes sure that you can clear all the data remotely.
However, securing smart devices is essential in the world of data. There are still cybercriminals bypassing the securities. So make sure to do the safety measures to avoid our accounts falling out into the wrong hands. I hope these steps will help you all to secure your IoT devices.
If you have any, feel free to share them in the comments! I’d love to know them.
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If I talk about trending technologies, then both Artificial Intelligence (AI) vs Internet of Things (IoT) are currently at the top of the list. Whether it is IoT or AI, both are giving neck-to-neck competition; this is why nowadays businesses are inclined to embrace both technologies in software development.
• 83% of companies have enhanced their efficiency by introducing IoT technology.
• Around 79% of executives consider adopting AI in the industry will make their work effective and more manageable.
Now the question is, what is the difference between AI and IoT. To know the same, read further…
What is Internet of Things (IoT)?
The Internet of Things (IoT) is a system of interrelated, internet-connected objects that can accumulate and convey data over a wireless network without human interference.
Famous companies using IoT: Google, Amazon, Microsoft, and more
Worldwide, the market for Internet of things (IoT) end-user solutions is anticipated to expand around $1.6 trillion in size by 2025.
IoT is a trend for mobile app development, but when it comes to integrating IoT technology in the business or app development process, then it is pretty complex, so to make this process easier, you can avail of IoT software development services from trustworthy IoT app development company India.
**Benefits of Internet of Things (IoT) in Businesses
Here I have mentioned the key benefits of using IoT in business. If your business has till now not adopted the IoT technology, then include it; this will help you make the business process easier.
Reduction of operating costs: IoT solutions can help enterprises cut costs and maintain a competing advantage. In the manufacturing sector, IoT devices are employed to monitor equipment and decrease downtime by predicting misalignment on the production line.
Understanding of consumer behavior: Understanding consumer choices and behavior can help businesses attain success, and with IoT grasping such important things are possible. Using IoT, businesses can gather, monitor, and examine data from social media, video surveillance, mobile, and internet usage.
Improved customer service and retention: Using IoT, businesses can collect user-specific data via smart devices and understand customers’ expectations and behavior. Doing so can help businesses improve customer service by facilitating follow-ups after sales, such as automatic tracking and customer retention.
Improved safety: Using IoT technology in various devices such as surveillance cameras, motion sensors, and other monitoring devices can help businesses form products offering high-level security.
Disadvantages of IoT
Well, all things can’t be wholly perfect same like that IoT is also having few drawbacks stated here:
Security Flaws: IoT technology gathers data from various sources, and this is why the technology lacks in offering high-level security.
Associated costs: Implementation of IoT infrastructure in a business intends to build a huge network including multiple smart devices, a massive power supply grid, and a communication network. Doing all this may require high costs.
Network dependence: The key feature of the Internet of Things is the enormous amount of interconnections between multiple devices and access to the worldwide network; these networks depend on each other means if one shows the error, then others working will also get affected.
These disadvantages can be converted into benefits, but you need to apply an extraordinary strategy for that. And only experts can do this thing in a better way, so, in order to leave these IoT cons behind, hire IoT developers working in the topmost IoT development companies.
**What is Artificial Intelligence (AI)?
Artificial Intelligence(AI) relates to the simulation of human intelligence in machines designed to ponder like humans and imitate their actions. AI can be employed as any machine that displays traits correlated with a human mind, such as learning, understanding, and problem-resolving.
Worldwide, the Artificial Intelligence (AI) software market is projected to grow swiftly in the coming years, reaching around $126 billion by 2025.
To make efficient use of AI in your business process, avail of Artificial Intelligence development services from the top Artificial Intelligence development company. Doing so will make adequate use of AI solutions.
Benefits of Artificial Intelligence in Businesses
Here I have mentioned a few factors which can help you know why AI is important for business and how it is helping various industry verticals in growing.
Real-Time Analytics: Using AI, businesses can process a massive amount of data and render it in real-time. It is one of the topmost advantages of AI for business. This approach enables enterprises to make vital decisions fast.
Better Customer Experience: AI-based chatbots are competent in rendering round-the-clock user request support at any time. Better communication quality and shorter reply times help businesses improve existing customers’ loyalty and drag new ones.
Data Security Improvement: AI can successfully be utilized to recognize fraud efforts and illegal access to personal data; this is why most finance and banking industries use AI technology.
Predictive Analytics: AI technologies can manage the enormous amount of arrays, recognizing patterns and foretelling the future. Most businesses are interested in predicting things so that they can minimize the imminent risk and other things; these all things can be simply done with the help of AI.
Disadvantages of AI
The pointers mentioned here are few cons of Artificial Intelligence (AI). Well, you can lessen the effectiveness of AI cons, and for doing so, you can hire AI developers from the foremost AI development company.
Higher Costs: Introducing AI in app development is a time taking process, and it may also cost an immense deal of money. Moreover, it is also a complex task to develop AI integrated software programs.
No creativity: Well, with AI, you cannot do innovative things. AI is proficient in learning over time with pre-fed pieces of information and experiences, but it can’t act like a creative approach.
Make Humans Lazy: AI applications automate the bulk of slow and monotonous tasks. Since we do not have to remember things to resolve puzzles, and all this can make humans lazy.
AI vs IoT: Know The Difference Between AI and IoT
The aspects stated here will help you know the exact difference between AI and IoT. If, after reading the pointers, you are still confused about IoT and AI, then get connected with the experts working at the top-notch Artificial Intelligence development company (ValueCoders). Doing so will help you know which one will be best for your business, seeing the process and needs.
AI is a highly strong software that can think, perform and learn from human instances. Well, Artificial Intelligence (AI) and the Internet of Things (IoT) are both complementary in performance, but IoT Cloud gives a pathway to handle data.
2. Procuring obtainable data
Artificial Intelligence (AI) understands, learns, improves its performance from mistakes. Moreover, it also helps in making efficient decisions making where IoT captures consequences on sensors that gather and store data whenever required.
Artificial Intelligence has the capability of understanding the pattern and behaviors where the Internet of Things (IoT) is all about sensors.
AI is totally based on deep learning algorithms, which are gathered from multiple sources to produce the behavior of the system. IoT is utilized for building an algorithm to express the system’s behavior.
AI is all about spontaneous reactions to receiving the input. At the same time, IoT stores predefined responses that are triggered utilizing the devices and are predefined by applying particular codes based on various algorithms.
ValueCoders includes a dedicated development team that can help you make adequate use of various technologies like AI, IoT, Machine Learning, Blockchain. So, if you are finding reliable solutions related to these technologies, get in touch with us.
Individually and collectively, IoT and AI will remain the best trends in the future. Each day a massive amount of data is produced, which is really hard to gather and understand, but all this is possible using IoT; similarly, there are various tasks which are complex for business to perform such as efficient decision-making, predicting behavior, but with AI such works can easily be performed.
Several differences and similarities are there in the functioning of both technologies, AI vs IoT. But both are very impactful if the potential of both technologies is correctly employed in the business process. In order to make adequate use of AI and IoT in business software development, hire AI developers in India or hire IoT developers working in one of the best AI development companies (ValueCoders).
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The combination of Artificial Intelligence (AI) and the Internet of Things (IoT) has revolutionized the operations of various industries and businesses. IoT coupled with AI is used to make intellectual machines that imitate smart actions and supports in decision making with minimal human intervention. Used together, these two potent technologies enable enterprises to attain true digital transformation.
In IoT, sensors are embedded into devices that facilitate data streams via internet connectivity. The actions followed by IoT devices rely on the penultimate analysis where AI plays a vital role.
IoT serves data while AI has the worth to unchain responses, contributing both resourcefulness and perspective to initiate intelligent actions. Various businesses can make productive decisions using sensor data analysis performed with AI. AI-Enabled IoT also guarantees the security of
This post covers the benefits of using IoT and AI together along with
some real examples.
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We’ve compiled the best of the best from the IoT Zone, where you’ll find articles and tutorials using Arduino, Raspberry Pi, MQTT, and microcontrollers. You’ll also see lists of different IoT platforms and augmented reality SDKs as well as Arduino alternatives if that’s not your thing. We also pulled together articles on IoT and agriculture, healthcare, transportation, and much more. Enjoy!
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If you were to ask any organization today, you would learn that they are all becoming reliant on Artificial Intelligence Solutions and using AI to digitally transform in order to bring their organizations into the new age. AI is no longer a new concept, instead, with the technological advancements that are being made in the realm of AI, it has become a much-needed business facet.
AI has become easier to use and implement than ever before, and every business is applying AI solutions to their processes. Organizations have begun to base their digital transformation strategies around AI and the way in which they conduct their business. One of these business processes that AI has helped transform is lead qualifications.
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