What is Machine Learning?
ML is one of the critical components (driving force) of AI, where a computer is programmed with the ability to improve its performance. Machine Learning is all about analyzing big data- the automatic extraction of information & using it to make predictions. Besides this, decipher whether the prediction was correct and if wrong, try to make a correct prediction.
Netflix, Amazon, Google, and other gigantic E-commerce platforms use it to bring semantic outcome. It is based on algorithms that analyze a user’s hunt, buying, and viewing history to predict what they are likely to want.
Machine learning is being gradually more integrated into all verticals and every aspect of our time. Through the automation of physical labor, improving our connectivity and shaping the future of AI and the IoT.
What is the Industrial Internet of Things (IIoT)?
The Industrial IoT or Industry 4.0 or the 4th industrial revolution is all names given to the use of the Internet of Things technology in a business setting. The concept is like the consumer IoT; to use wireless networks, a mix of sensors, big data and analytics to optimize industrial processes.
The Internet of Things devices help provides information, control, and analytics to connect a world of hardware devices and high-speed internet.
We can separate the Industrial IoT into two main categories:
· Industrial IoT- Where the local network is derived from any of the different technologies. The Internet of Things device will send out data over the global Internet.
· Commercial IoT– Where local communication is Ethernet (wired or wireless) or Bluetooth. The Internet of Things device will normally communicate only with local devices.
How IoT (Internet of Things) and Machine Learning affect our life?
The Internet of Things and ML are enhancing the way we live and communicate our lives. Exponential growth and advancements are being made in mind-reading technology. For instance, the AlterEgo headset easily responds to our brainwaves to control appliances. Besides, Alexa and Amazon’s Echo enables the voice-activated control of your high-tech smart-house.
This amalgamation of IoT and Machine Learning is changing various industries and the relationships that companies have with their clients. Businesses can easily gather and transform data into valuable information with IoT.
IoT is also transforming business models by aiding companies to move from concentrating on products & services to companies that give the best outcomes. By impacting organizations’ business models, the blend of IoT-enabled devices & sensors with ML creates a collaborative world that aligns itself around results & innovation.
Challenges- IoT and Machine Learning
It is no wonder that enterprises are inundated with data that comes from IoT devices & is seeking AI to help manage the devices and gain insight. Yet, it is tough to manage and extract crucial information from these systems than we might expect.
There are aspects to IoT like data storage, connectivity, security, app development, system integration, and even processes that are changing in this space. Another layer of complexity with the Internet of Things has to do with functionality level.
Critical challenges companies face with IoT and ML are with the application, ease of access, and analysis of IoT data. If you have a set of data from varied sources, you can run some statistical analysis with that data. However, if you want to be proactive to predict events to take future actions, a business needs to learn how to use these technologies.
Many firms are turning to the main cloud platform providers — for instance, Google, Amazon, Microsoft, Alibaba Cloud, or IBM. These companies offer a range of services to store IoT data and prepare it for data analytics, plus to train and run machine-learning models. Besides creating graphs, dashboards, and other simple-to-grasp layouts to visualize the information these models generate. Overall, IoT and Machine Learning are combining to provide high visibility and control of the wide range of sensors and devices connected to the Internet.
Futurists say ML (Machine Learning) and the Internet of Things (IoT) will transform business profoundly than the digital and industrial revolutions combined.
Are there some kinds of risks? Yes, as with any new technology, we have to accept both the profit and risks that come with mainstream adoption. We can do this with the confidence only when these technologies are tested against several odds.
One of the innovative solutions for seamless operation flow is IoT testing. There will be several other types of testing that require to be considered covering the comprehensive functionality of IoT devices.
Article Courtesy : Medium.com