AIoT Market Update

AIoT Market Update

Currently, many Artificial Intelligence of Things use cases are very retail product oriented, many of which focus on cognitive computing in consumer appliances. However, the Artificial Intelligence of Things is transformational for both technologies as AI adds value to IoT through machine learning and decision making and IoT adds value to AI through connectivity and data exchange. The AIoT market constitutes solutions, applications, and services involving AI in IoT Systems and IoT support of AI Solutions.

In a nutshell, AI improves IoT operations and transforms IoT system originated data into actionable insights. Accordingly, AIoT will be instrumental in solving many existing problems, such as human asset management. The greatest asset and biggest operating expense for most organizations is personnel. Enterprise is continuously strong with the need to hire and retain the best and brightest workers.

Artificial Intelligence of Things solutions such as integration with social media and employment-related resources like Glass Door may be leveraged in an AI Decision as a Service function for Human Asset Management professionals. This represents an innovative way of using AI for an industry that desperately needs help making the right hiring, performance management, and retention decisions.