This report by wireless provider Kajeet (April 2021) underlines that the vast amounts of information gathered by IoT devices can be a serious challenge. But thanks to advancements in AI and machine learning, the authors argue, AI can be used to lower costs and improve productivity through data-driven decision-making and smart automation. Smart devices and sensors are rapidly changing the ways in which all industries and buildings operate – from healthcare and telecommunications to industrial maintenance and utilities management. Sensors and devices that can automatically generate or capture real-world data for analysis are now available, making it possible to shorten product and service delivery times, better understand the consumer, track assets, plan resource allocations, predict machine breakdowns, lower costs, and streamline production and service delivery processes.
Key words: Artificial Intelligence (AI), Cloud & Data Analytics, Controls/Sensors, Employee Productivity, Energy Management, HVAC, Intelligent Building, Internet of Things (IoT), Large Building Controls/Automation