Internet of Things devices (IoT) has the capability of connecting with the internet in any way taking technology beyond standard devices like computers and smartphones. The following is a roundup of some of the most popular practical applications of Internet of Things devices across industries.
Understanding the concepts of data and analytics is only a stepping stone to the benefits received from applying them correctly. So how can you leverage these technologies and methodologies to help your organization? In this section of the article, we discuss why enterprises that intend to stay relevant in the coming decade need data and analytics.
The best way to gain business knowledge is to study and analyze vast quantities of analytical data. The process and goals of data analysis may differ for different types of organizations. A manufacturing company may use data analysis to eliminate redundancies in the supply chain and streamline all of their operational processes. A logistics company may use data analysis to enhance its scheduling and routing or to enhance delivery times to cut costs and save millions. Similarly, data analysis in healthcare can help you predict patient behavior to understand what relevant action needs to be taken.
Once you understand where your company is lacking — redundancies, failure of operations, etc. — you can figure out how to overcome those challenges. Similarly, if you know where your company is excelling, you can focus more on those key areas to enhance their benefits.
Let’s look at some of the key concepts related to the subject, such as Data Analytics, Data Science, Data Engineering, Artificial Intelligence, and Machine Learning.
Whether you're aware of it or not, artificial intelligence (AI) has already become an integral part of human lives. You interact with AI when you go through your Amazon recommendations or do a Google search. AI has successfully been integrated, too varying degrees, in several essential industries. In this article, we discuss 10 of the most prominent examples of AI in our world today.
Topics: Artificial Intelligence