Skip to Main Content

Back to all Resources

Is Your Smart IoT Solution Smart Enough?

As businesses grapple with shifting supply chains, high inflation, and changing customer demands, efficient operations and intelligent decision-making have never been more critical to organizations’ success. That can be especially true of IoT programs, which are notoriously complex and difficult undertakings. As IoT is being adopted by companies at growing rates – with the number of connected devices expected to climb to 27 billion in 2025 – leveraging artificial intelligence (AI) and machine learning (ML) technologies are now necessary for all organizations hoping to intelligently (and securely) maintain and grow their IoT programs.

 

Broadly speaking, organizations are leveraging AI and ML solutions at growing rates. These intelligent technologies leverage data to learn patterns and behaviors to improve performance and automatically complete designated tasks. According to Deloitte’s recent State of the AI in the Enterprise report, 79% of business leaders surveyed indicated their organizations implemented full-scale deployments for three or more types of AI applications – up from 62% in 2021. Businesses are only going to continue using intelligent technologies more. Deloitte further reported that 94% of surveyed leaders agree AI is critical to business success in the next five years.

Drilling down to the IoT space, companies leveraging IoT can imbue their solutions with AI and ML to gain valuable insights, bolster security, and reduce manhours through automation. As organizations scale IoT rollouts and connect hundreds (or millions) of devices to the network, intelligent technologies are crucial to overcoming challenges and facilitating a successful IoT program. Most companies that adopted IoT solutions – about 79% according to Microsoft – leverage AI as part of their rollout.

The fact of the matter is that AI and ML are quickly becoming vital – and widely used – assets in the IoT space. Organizations not using these technologies in their IoT implementations not only risk leaving themselves vulnerable to security threats, but also miss out on important and informative insights on the performance of their IoT solutions.

3 Ways AI and ML Can Improve Your IoT Systems 

As organizations begin leveraging IoT systems, here are three key benefits to implementing AI and ML into IoT programs.

Reporting and Security

One of the foundational benefits of AI and ML, at large, is improved reporting capabilities. Intelligent technologies collect vast mountains of data – like the ones often generated by IoT devices – and aggregate it into reports humans can readily understand and draw conclusions from.

For example, if a trucking company needs to understand the location and performance of the trucks in a fleet, AI collects that data and aggregates it in a report so decision-makers have insight into asset location and performance. The solutions can also analyze the data, signifying when a truck might need maintenance. With these insights, employees can draw conclusions from the data and take tangible actions according to the patterns and insights they draw from AI reporting.

In fact, many organizations using IoT believe AI and ML will be important for crucial IoT activities in the near future. According to Beecham Research’s recent Mass IoT Deployment study, 93% of respondents indicated that intelligent technologies will be either “very important” or “important” in the next three years for detecting and handling faults.

This functionality is particularly useful on the cybersecurity side of things. IoT networks represent security risks for organizations and their customers. Hackers and bad actors are finding new ways to gain access to IoT networks. According to Verizon, 31% of IoT users reported experiencing a system intrusion involving an IoT device. Given the scale IoT systems are often rolled out at – often hundreds of connected devices – these solutions are often an easy target for security breaches, including DDoS attacks, device mismanagement and misconfiguration, and information theft.

However, intelligent IoT networks with AI capabilities make detecting and halting these intrusions easier for organizations. Intelligent technologies give users deep visibility into device behavior and network activity, simplifying the process of identifying security breaches – among hundreds of connected devices – and taking action to mitigate the scale and scope of any intrusions. For example, intelligent technologies can detect rogue actors that most VPNs and APNs are likely to miss.

Prediction

Given the tectonic shifts such as supply chain disruptions, evolving consumer expectations, and altered working realities the last few years, it’s now all the more important that companies must know when specific events – like potential machine breakdowns – are going to happen well before they take place. Enter ML. Using the consistently-generated avalanche of data, ML technologies search for patterns and trends, effectively becoming “smarter” the longer they are leveraged.

Parsing the trends in the data, ML technologies can predict the future based on current and past data IoT devices generate. This enables organizations to plan ahead based on previous asset behavior. For example, if a manufacturing company knows one of its machines will likely experience a breakdown in the coming weeks based on previous maintenance and operations data, it can schedule machine upkeep during a period of low demand and mitigate the effect on plant operations.

Since machine behavior is generally highly predictable (certainly more so than the behavior of financial markets or humans), this data results in incredibly accurate predictive analytics, so organizations know they are not being led astray.

Automation and Reduction of Manhours

Building on predictive capabilities, AI and ML also enable organizations to save massive amounts of manhours through automation. This effectively frees employees across an enterprise from repetitive, time-consuming tasks, allowing them to focus on other business-critical work.

As AI and ML solutions learn from the patterns and trends generated by a company’s data and predict events, the solutions eventually can perform various actions automatically, without human intervention. For example, based on the previous data, an organization’s IoT system knows when connected devices are behaving normally – and abnormally. If the solution detects an aberration in a device, it can automatically shut it down, protecting the larger IoT system and all the organization’s connected devices. This action can be done quickly – as soon as the intelligent technologies detect something is amiss – as opposed to waiting for humans to see the abnormalities and taking delayed action.

Growing IoT Complexities 

While creating intelligent IoT solutions imbued with AI and ML capabilities improves businesses’ security and performance, it does make rolling out IoT deployments considerably more complicated. That’s why it is so important to run IoT programs on networks that were specifically designed and built for IoT applications. 

Learn how Aeris can help your business implement an Intelligent IoT Network

GET STARTED

Sign up for latest on IoT intelligence