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How Will IoT and AI Technologies Make a Difference in Businesses in the Future?

By Nancy Rowling

clock Jul 13, 2021
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The concepts of “Industry 4.0 and Society 5.0” that emerged with digitalization have become the trend topics of today. Many new concepts, from artificial intelligence (AI) to the internet of things (IoT), which form the infrastructure of these concepts, will take a stronger and more effective role in shaping the digital future of the world industry. In this article, which tries to predict the future of the industry with current technologies, you can find the definition of IoT and AI technologies, their benefits and how they will shape the future of businesses.

Current Technologies for Businesses

The purpose of technology for businesses; flexibility, efficiency, quality, speed, agility, sustainability and to provide “profitability” in sum of all these. Technologies that have entered our lives with digitalization; they allow to prevent errors that may arise in operations and business processes, and to obtain and analyze data more easily. Digitizing businesses create sales opportunities by providing measurable data to their customers by transferring documents to digital media. In addition, businesses can increase their market share in their campaigns and gain new customers through online channels. Artificial intelligence and internet of things technologies innovatively form the infrastructure of operations that provide all these benefits

What is Artificial Intelligence (AI), How Will It Impact the Future of Businesses?

Artificial intelligence is defined as “systems or machines that mimic human intelligence to perform tasks and can iteratively improve themselves based on the information they collect”. The history of artificial intelligence dates back to the 20th century and works with the principle of imitating and surpassing how people perceive the world and how they react to it.

Artificial intelligence applications; they have become a strategic element for all businesses seeking new revenue opportunities and higher levels of customer loyalty. Artificial intelligence makes it possible for machines to learn from experience, adapt to new inputs, and perform human-like tasks. Artificial intelligence is based on deep learning and natural language processing processes in a variety of fields, from chess-playing computers to autonomous vehicles. Using these technologies, computers can be trained to perform specific tasks by processing large amounts of data and recognizing patterns in data.

Thanks to Artificial Intelligence (AI), businesses;

  • Will be able to reduce business risks, take more accurate and effective decisions,
  • Able to take advantage of the competition by making the most of artificial intelligence's data and having a more comprehensive understanding of much more data,
  • Will be able to analyze more and deeper data by using neural networks with many hidden layers in artificial intelligence,
  • Data discovery, which is manual in business processes, can automate complex or ordinary tasks,
  • Affordable, high-performance computing power can be easily accessed,
  • Able to increase the value of existing workforces,
  • With the easy working model that artificial intelligence will bring, they will be able to increase the opportunities of their employees and make them suitable for more strategic tasks.

What is the Internet of Things (IoT) and How Will It Impact the Future of Businesses?

One of the most important concepts of digital transformation is the Internet of Things technology. The Internet of Things is defined as “Technologies to enable all imaginable objects to access the Internet and communicate with other devices”. IoT applications can transfer data through a network provided with unique identifiers (UIDs) over all kinds of interrelated objects. Organizations in various industries are using IoT technology to provide better customer service, improve decision making, and increase the value of their business.

Thanks to the Internet of Things (IoT) technology, businesses;

  • Will be able to monitor all business processes in detail,
  • Will be able to improve their customers' experiences,
  • Can save time and money, provide quality and flexibility in their processes,
  • Will be able to earn more income by making business decisions more accurately,
  • Will be able to effectively maintain the planning and management processes,
  • Can monitor and manage assets in the supply chain,
  • Will be able to facilitate the tracking of their operations, production, services, or employees.

How Trio Mobil's AI-Based IoT Technology Benefits Businesses

Reducing costs, increasing efficiency and quality standards for businesses have become the top priority in today's economic conditions. Industry 4.0 transformation with IoT technologies and the creation of digital twins of businesses enable both processes to be managed more effectively and decisions to be taken more easily.

Trio Mobil IoT Platform has been developed using the latest technologies with artificial intelligence-supported big data infrastructure. The IoT Platform allows you to manage 10 different modules from personnel and forklift tracking to energy monitoring, machinery, and production tracking to predictive maintenance, with a single infrastructure and panel. In summary, Trio Mobil offers value-adding products and IoT solutions for businesses to benefit from the Industry 4.0 transformation.

You can visit our page and contact us for more information about Trio Mobil's AI-powered IoT solutions specific to your business.

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