The internet of things, a system of interrelated computing devices and machines that can transfer data over a network without human interaction, has been used to enable new features, better functionality, and real-time status monitoring for consumers. Combining this with ever-developing AI advancements is allowing organizations to predict changes and optimize their devices. AIoT allows an algorithm to improve communication and apply predictive capabilities to give companies advantages over their competition.
An IoT ecosystem consists of web-enabled smart devices that use embedded systems, such as processors, sensors and communication hardware, to collect, send and act on data they acquire from their environments.