On the opening day of Industrial Internet of Things (IIoT) platform provider Advantechs online conference, company representatives and other industry experts gathered to discuss new developments on the horizon for IIoT, artificial intelligence (AI), and industrial networking. In particular, many sessions focused on the hurdles that still remain if IIoT and associated Industry 4.0 technologies are to see ubiquitous adoption in the future.
The Advantech Connect conference continues online through May 6.
Perhaps the greatest take-away from the first day of the event was that, while the real bedrock of value provided by IIoT is to be found in the data it generates, nothing can be attained from it unless that data is effectively gathered, communicated, and analyzed. As such, several speakers spotlighted burgeoning technologies such as 5G wireless connectivity, intelligent sensors, and AI as the most consequential industry trends going forward. Through the improvements these technologies enable in data gathering, transmission, and analytics, Advantech envisions industry moving beyond IIoT and toward an Artificial Intelligence of Things (AIoT) that allows cloud-delivered applications to make real-time, autonomous decisions at the device level. Within this framework, cloud-based AI trained on large amounts of data can provide industry operators a means of more easily extracting value from their IIoT infrastructure in exchange for furnishing AIoT platforms with the datasets necessary to continue expanding their capabilities.
Allan Yang, chief technology officer at Advantech, stressed the need for a platform approach if AIoT is to be realized in a timely and cost-effective manner. AIoT is cross-disciplinary. It requires edge computing, cloud platforms, data know-how, and domain expertise in many specific areas. No one company can do this alone successfully. However, we have seen many companies that are still trying to build their essential technology modules in-house, rather than adopting a platform approach, he said. This takes a lot of time and involves a lot of trial and error. We strongly encourage all companies, regardless of their size, to evaluate the possibility of collaborating or engaging in a partnership to speed up adoption.
The Future of IIoT
The Advantech event also explored why IIoT adoption rates have not yet met projected expectations, with Dirk Finstel, deputy managing director at Advantech Europe, noting that although 50 billion IIoT devices were expected to be in operation by 2020, only 8.5 billion have been deployed in reality. According to Finstel, much of this can be attributed to shortcomings in the associated infrastructure needed to make large-scale IIoT a reality. He believes that the high speed and bandwidth capacity of 5G networking will improve the feasibility of many IIoT technologies that rely on cloud computing in the near future.
Advances in edge computing are also expected to play a larger role in IIoT deployments by easing the burden of sending large quantities of data in and of out of plants via cloud computing applications, said Jerry OGorman, associate vice president at Advantech North America. Not only does OGorman see edge computing reducing costs and accelerating adoption, but by extending cloud-native software to the edge, latency can be reduced and less bandwidth will be required for data transmission. In fact, he estimated that by extending cloud-native software to the edge, up to 75% of data generated may never need to be sent to the cloud.
He also noted how Software as a Service (SaaS) models are likely to grow in prominence as 5G allows complex applications to be rapidly delivered to the edge. OGorman perceives that this could greatly reduce costs for end-users, making increasingly sophisticated AIoT applications easily accessible even to small-and-medium sized enterprises.
Business considerations
Though AI promises to offer impressive new functionalities, end-users shouldnt expect it to solve all issues surrounding IIoT deployment and integration, said William Webb, author of The Internet of Things Myth, during his presentation at the Advantech event.
Theres a number of promising new developments in this field, but they need to be treated with caution and used in the right way. AI only works when youve got the data in the first place, and that means it can only enhance an IIoT system thats already there and working well, Webb said. Until youve got an IIoT system in place delivering all of the data, you cant really use AI to make sense of that data.
According to Webb, approaching IIoT projects with an eye toward harmoniously adjusting overall business processes may be the best way to ensure success. In numerous early IIoT technology deployments, it was not uncommon for operators to put new systems in place without fully realizing the degree to which they would need to alter their overall operations to efficiently act on insights derived from their data, Webb noted. For example, even when equipment had been outfitted with IIoT technology to allow failures to be predicted in advance, this information could only be used to yield productivity gains once new processes were designed to efficiently allocate labor to maintenance on machines that needed it and redirect it to other valuable activities when they didnt. So, while predictive maintenance is more efficient in theory, without proper systems support, fixed and regular maintenance schedules are more simplistic and easier to keep to in practice.
Of course, operators are shaking out these kinks, and predictive maintenance is now one of the most common applications for IIoT technology. Still, Webb stressed that it is challenges like these that highlight the importance of viewing IIoT projects not only as technological installations, but initiatives that also require cultural, workforce, and business-oriented changes within an organization.
Access registration for future Advantech Connect sessions here.
Here is the original post:
Advantech and the Artificial Intelligence of Things - Automation World
- Sleepwalkers Podcast: What Happens When Machines Find Their Creative Muse - WIRED [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- Artificial Intelligence Will Facilitate Growth of Innovative Kinds of VR and AR Platforms - AiThority [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- Manufacturing Leaders' Summit: Realising the promise of Artificial Intelligence - Manufacturer.com [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- How Augmented Reality and Artificial Intelligence Are Helping Entrepreneurs Create a Better Customer Experience - Entrepreneur [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- Global Director of Tech Exploration Discusses Artificial Intelligence and Machine Learning at Anheuser-Busch InBev - Seton Hall University News &... [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- 2019 Artificial Intelligence in Precision Health - Dedication to Discuss & Analyze AI Products Related to Precision Healthcare Already Available -... [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- SC Proposes Introduction Of Artificial Intelligence In Justice Delivery System - Inc42 Media [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- Artificial intelligence will affect Salt Lake, Ogden more than most areas in the nation, study shows - KSL.com [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- The Best Artificial Intelligence Stocks of 2019 -- and The Top AI Stock for 2020 - The Motley Fool [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- It Pays To Break Artificial Intelligence Out Of The Lab, Study Confirms - Forbes [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- Artificial intelligence in FX 'may be hype' - FX Week [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- The Surprising Way Artificial Intelligence Is Transforming Transportation - Forbes [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- Need a New Topic for Thanksgiving Dinner? How to Explain Artificial Intelligence (AI) to Anyone...and Make it Fun! - Forbes [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- The Artificial Intelligence Industry and Global Challenges - Forbes [Last Updated On: November 30th, 2019] [Originally Added On: November 30th, 2019]
- Artificial Intelligence in 2020: The Architecture and the Infrastructure - Gigaom [Last Updated On: December 1st, 2019] [Originally Added On: December 1st, 2019]
- AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks - here are the strat - Business Insider India [Last Updated On: December 1st, 2019] [Originally Added On: December 1st, 2019]
- Seattle Seahawks Select Amazon In Utilizing Artificial Intelligence To Help Make Smarter Decisions On The Field - Forbes [Last Updated On: December 1st, 2019] [Originally Added On: December 1st, 2019]
- Fujifilm Showcases Artificial Intelligence Initiative And Advances at RSNA 2019 - Imaging Technology News [Last Updated On: December 1st, 2019] [Originally Added On: December 1st, 2019]
- The impact of artificial intelligence on humans - Bangkok Post [Last Updated On: December 1st, 2019] [Originally Added On: December 1st, 2019]
- Artificial intelligence gets to work in the automotive industry - Automotive World [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- BioSig Technologies Announces New Collaboration on Development of Artificial Intelligence Solutions in Healthcare - GlobeNewswire [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Emotion Artificial Intelligence Market Business Opportunities and Forecast from 2019-2025 | Eyesight Technologies, Affectiva - The Connect Report [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Artificial intelligence-based fitness is promising but may not be for everyone - Livemint [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Opinion | The artificial intelligence frontier of economic theory - Livemint [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Pondering the Ethics of Artificial Intelligence in Health Care Kansas City Experts Team Up on Emerging - Flatland [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Baidu Leads the Way in Innovation with 5712 Artificial Intelligence Patent Applications - GlobeNewswire [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Artificial Intelligence and National Security, and More from CRS - Secrecy News [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Artificial intelligence: How to measure the I in AI - TechTalks [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- 52 ideas that changed the world: 26. Artificial intelligence - The Week UK [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Longer Looks: The Psychology Of Voting; Overexcited Neurons And Artificial Intelligence; And More - Kaiser Health News [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Maximize The Promise And Minimize The Perils Of Artificial Intelligence (AI) - Forbes [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Will the next Mozart or Picasso come from artificial intelligence? No, but here's what might happen instead - Ladders [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- China Will Outpace US Artificial Intelligence Capabilities, But Will It Win The Race? Not If We Care About Freedom - Forbes [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Artificial intelligence apps, Parkinsons and me - BBC News [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Artificial intelligence will affect Utah more than other states, new study says - Deseret News [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- Aural Analytics Joins Consumer Technology Association Initiative to Set New Standards for Artificial Intelligence in Healthcare - Business Wire [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- TECH 2019: stalls related to technology, artificial intelligence a big draw - The Hindu [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- The Artificially Intelligent Investor: AI And The Future Of Stock Picking - Forbes [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Defining the Scope of an Artificial Intelligence Project - Toolbox [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Facebooks Jerome Pesenti Explains the Limitations of Artificial Intelligence Research - NullTX [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- How AI Is Transforming The Art of Stock Picking - Analytics India Magazine [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Whistle Adds Artificial Intelligence and Workflow Automation to Guest Messaging Platform for Improved Hotel and Lodging Customer Service and Increased... [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Singapore BIGO Technology Integrates Artificial Intelligence Into Communication Apps for a Holistic and Immersive Experience for Users - Business Wire [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Commuter Benefits Company, Clarity Benefit Solutions, Gives Insight into Embracing Artificial Intelligence in Human Resources - PRNewswire [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- THE AI IN TRANSPORTATION REPORT: How automakers can use artificial intelligence to cut costs, open new revenue - Business Insider India [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Chinese Association of Artificial Intelligence is hosting the 6th IEEE International Conference on the AI Pharos Pte Ltd co-organised Cloud Computing... [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- VA launches National Artificial Intelligence Institute to drive research and development - FierceHealthcare [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- SkyWatch Selected to Build Advanced Autonomous Space Systems Using Artificial Intelligence and Big Data Analytics for the Canadian Space Agency -... [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Microsoft tech expert warns of bias and sexism in artificial intelligence - The Age [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Artificial Intelligence as Security Solution and Weaponization by Hackers - CISO MAG [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Baidu Leads the Way in Innovation with 5,712 Artificial Intelligence Patent Applications - MarTech Series [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Finland seeks to teach 1% of Europeans basics on artificial intelligence - Reuters UK [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Artificial Intelligence (AI) in Supply Chain Market Worth $21.8 billion by 2027- Exclusive Report by Meticulous Research - GlobeNewswire [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- What Veterans Affairs Aims to Accomplish Through Its Artificial Intelligence Institute - Nextgov [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- The Bot Decade: How AI Took Over Our Lives in the 2010s - Popular Mechanics [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Benefits & Risks of Artificial Intelligence - Future of ... [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- What is Artificial Intelligence? How Does AI Work? | Built In [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- artificial intelligence | Definition, Examples, and ... [Last Updated On: December 10th, 2019] [Originally Added On: December 10th, 2019]
- Iktos and Almirall Announce Research Collaboration in Artificial Intelligence for New Drug Design - Business Wire [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Artificial Intelligence Job Demand Could Live Up to Hype - Dice Insights [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Artificial intelligence is writing the end of Beethoven's unfinished symphony - Euronews [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- LTTE: It's important to know of weaponized artificial intelligence - Rocky Mountain Collegian [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- 8 Artificial Intelligence, Machine Learning and Cloud Predictions To Watch in 2020 - Irish Tech News [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- It's artificial intelligence to the rescue (and response and recovery) - GreenBiz [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Joint Artificial Intelligence Center Director tells Naval War College audience to 'Dive In' on AI - What'sUpNewp [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Tip: Seven recommendations for introducing artificial intelligence to your newsroom - Journalism.co.uk [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Boschs A.I.-powered tech could prevent accidents by staring at you - Digital Trends [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Schlumberger inks deal to expand artificial intelligence in the oil field - Chron [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Artificial Intelligence Isn't an Arms Race With China, and the United States Shouldn't Treat It Like One - Foreign Policy [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Beethovens unfinished tenth symphony to be completed by artificial intelligence - Classic FM [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Accountability is the key to ethical artificial intelligence, experts say - ComputerWeekly.com [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Artificial intelligence must be used with care - The Australian Financial Review [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Squirrel AI Learning Attends the Web Summit to Talk About the Application and Breakthrough of Artificial Intelligence in the Field of Education -... [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Top Artificial Intelligence Books Released In 2019 That You Must Read - Analytics India Magazine [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- 12 Everyday Applications Of Artificial Intelligence Many People Aren't Aware Of - Forbes [Last Updated On: December 17th, 2019] [Originally Added On: December 17th, 2019]
- Artificial Intelligence might be a factor behind the Climate Change - Digital Information World [Last Updated On: December 21st, 2019] [Originally Added On: December 21st, 2019]
- Innovations in Artificial Intelligence-, Cloud-, and IoT-based Security, 2019 Research Report - ResearchAndMarkets.com - Business Wire [Last Updated On: December 21st, 2019] [Originally Added On: December 21st, 2019]
- Artificial intelligence predictions for 2020: 16 experts have their say - Verdict [Last Updated On: December 21st, 2019] [Originally Added On: December 21st, 2019]
- Tommie Experts: Ethically Educating on Artificial Intelligence at St. Thomas - University of St. Thomas Newsroom [Last Updated On: December 21st, 2019] [Originally Added On: December 21st, 2019]
- How Internet of Things and Artificial Intelligence pave the way to climate neutrality - EURACTIV [Last Updated On: December 21st, 2019] [Originally Added On: December 21st, 2019]