Digital transformation is the core of everything. Businesses that fail to make pace with digital transformation face doom day soon. Even though the need for digital transformation was always there, the outbreak of COVID-19 accelerated its demand like anything. It was a time when people realized that if you were not digitally transformed, you would be thrown away from the competition.
Businesses started their digital transformation journey and felt empowered overnight, literally. If you have already taken that road, you must be aware that most digital transformation is all about using IoT and AI.
Honestly speaking, digital transformation, without AI and IoT, is useless. If you’re yet to start your digital transformation journey, let’s help you to understand how you can make it happen with IoT & AI.
IoT And AI – Powerful Digital Transformation Tools
One might wonder why digital transformation is all about AI and IoT. Well, the demand for present-day business processes is beyond human capacity. Businesses need accuracy in data processing, 24*7 surveillance, automation at every stage, and tons of other things to churn-out positive and result-driven outcomes. You can’t fulfill these demands with manual workflow.
IoT and AI are two technologies businesses need to gain an edge over others. Whether implementing automation at the grass-root level or achieving 100% accuracy at every operational stage, IoT and AI is going to make everything possible. A recent McKinsey survey revealed that nearly 47% of organizations had deployed at least one AI/IoT solution during the digital transformation.
If you do a little bit of study, you will be able to learn about the reasons why organizations are using AI and IoT in full swing. Let us help you a bit. We all know BMW is known for its quality and excellence.
Recently, this auto industry giant incorporated AI and IoT in manufacturing. If you get a chance to visit the manufacturing unit of BMW, you will get to see censored robots everywhere assisting real-world workers during manufacturing. From fixing engines to the car seat, BMW manufacturing units have IoT as a helping hand.
As far as AI is concerned, the company plans to implement it in full swing for driverless cars that will use AI for interactive maps, route optimization, and in many more ways. BMW gained the wisdom that will allow this company to deploy IoT for data collection and AI for data analysis.
Merging these two technologies are preferred as they both lead to –
- More accurate data collection and analysis;
- Streamline and automate the entire workflow that further leads to better productivity;
- Improved decision-making abilities as top management and key people will have required data at their disposal;
- A deeper level of communication and collaboration with every member of the team.
These are just a glimpse of what one will experience with IoT and AI. Depending upon the penetration extent and industry, they both can bring much-needed revolution.
Using AI and IoT For Digital Transformation
If you’re confused about how to use these two for your digital transformation, have a look at the most preferred use cases.
Have a sound and centralized data collection system
Data is King in the present and future time to come. Organizations must use IoT and AI to become data-rich in no time. They can have IoT devices to collect data from multiple resources.
For instance, if you’re a healthcare provider, you can have wristbands, heart rate monitors, and tons of other devices to collect real-time data about a patient’s vitality. IoT tools are the best possible way to collect data in real-time.
AI is useful when it comes to data analysis. AI can automatically sort, filter, and analyze the collected data and help you make a wise decision. Based on the collected data. AI is utterly useful in making predictions.
Consider a car manufacturing company using an IoT device for engine performance monitoring. AI can predict when and how a fault is likely to occur. It makes an organization highly aware of the processes, workflow, and tons of other things.
Automate tasks from the root level
IoT and AI will help an organization develop tools that will deploy automation from the very basic level. You can deploy AI to automate many menial tasks based on the requirements. The Hershey Company has used AI and IoT to optimize workflow for weight management.
The company used the technologies to predict weight variability and precision during production. It managed to save around $500,000 for a 14,000-gallon batch of Twizzlers.
Automation is one great way to keep critical people free from meaningful stuff. For instance, Amazon, the leading e-commerce giant, has developed multiple AI tools to analyze and find out what customers’ intentions are behind a search. This was the job that data analysts used to do at Amazon. Now, they are busy creating strategies & using that data, while AI is keeping an eye on customer behavior.
Become more accurate
Data with no accuracy holds no meaning. Incorporating AI and IoT helps one to remain as accurate as possible. IoT collects real-time, and AI processes data and analyzes it with full accuracy.
The probability of making errors is very low. Tesla has already realized the data accuracy of AI and IoT and has used them in its autopilot system. The system integrates with sonars, GPS, cameras, forward-looking radars, and other software for relevant hardware so that data is easily collected.
Based on the collected data, the autopilot system can easily predict the next vehicle’s movements, reducing accidents. The autopilot system can even sense the movement of nearby vehicles and make your vehicle move accordingly.
But! Making Smart Move Is Must.
It’s inevitable that if you’ve made AI and IoT a part of your digital transformation journey, no one can stop you from being empowered. But, the success of your digital transformation depends on how effectively you’ve used AI and IoT. It would help if you made sure that the tools that you’re going to take on board are as per your organizational needs.
Figuring this out accurately requires the professional help of a skilled technology partner that can delve deeper into your needs, understand IoT & AI better, and deploy them in a way that will bring the best results.
C-Metric is one such name to bank upon. It’s an ideal technology partner to take on board as it has skilled AI and IoT developers who will not need to deliver customized and optimized solutions. The careful and controlled deployment of AI and IoT tools will digitally transform you at a steady pace. Customization, scalability, and flexibility remain the top preferences of C-Metric.
Get Ready To Be Transformed
The future is here and demands sound compatibility with AI and IoT. By incorporating these two technologies, it’s easy to have cutting-edge and productive tools that will place you in the front of today’s digitally transformed world. You will be data-driven, insightful, highly organized, and everything else required to conquer the competition. Make sure you have the help of a skilled technology partner to tame AI and IoT and make them work as per your needs.