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.
Read the original:
Advantech and the Artificial Intelligence of Things - Automation World
- What is Artificial Intelligence? How Does AI Work? | Built In [Last Updated On: September 5th, 2019] [Originally Added On: September 5th, 2019]
- Artificial Intelligence What it is and why it matters | SAS [Last Updated On: September 5th, 2019] [Originally Added On: September 5th, 2019]
- artificial intelligence | Definition, Examples, and ... [Last Updated On: September 5th, 2019] [Originally Added On: September 5th, 2019]
- Benefits & Risks of Artificial Intelligence - Future of ... [Last Updated On: September 5th, 2019] [Originally Added On: September 5th, 2019]
- What is AI (artificial intelligence)? - Definition from ... [Last Updated On: September 11th, 2019] [Originally Added On: September 11th, 2019]
- What is Artificial Intelligence (AI)? ... - Techopedia [Last Updated On: September 13th, 2019] [Originally Added On: September 13th, 2019]
- 9 Powerful Examples of Artificial Intelligence in Use ... [Last Updated On: September 18th, 2019] [Originally Added On: September 18th, 2019]
- What's the Difference Between Robotics and Artificial ... [Last Updated On: September 18th, 2019] [Originally Added On: September 18th, 2019]
- The Impact of Artificial Intelligence - Widespread Job Losses [Last Updated On: September 18th, 2019] [Originally Added On: September 18th, 2019]
- Artificial Intelligence & the Pharma Industry: What's Next ... [Last Updated On: September 18th, 2019] [Originally Added On: September 18th, 2019]
- Artificial Intelligence | GE Research [Last Updated On: September 18th, 2019] [Originally Added On: September 18th, 2019]
- A.I. Artificial Intelligence (2001) - IMDb [Last Updated On: October 5th, 2019] [Originally Added On: October 5th, 2019]
- 10 Best Artificial Intelligence Course & Certification [2019 ... [Last Updated On: October 15th, 2019] [Originally Added On: October 15th, 2019]
- Artificial Intelligence in Healthcare: the future is amazing ... [Last Updated On: October 15th, 2019] [Originally Added On: October 15th, 2019]
- Will Artificial Intelligence Help Resolve the Food Crisis? - Inter Press Service [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- Two-thirds of employees would trust a robot boss more than a real one - World Economic Forum [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- UofL partners with industry experts to launch Artificial Intelligence Innovation Consortium Lane Report | Kentucky Business & Economic News - The... [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- China Sees Surge of Edtech Investments With Focus on Artificial Intelligence - Karma [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- NIST researchers use artificial intelligence for quality control of stem cell-derived tissues - National Institutes of Health [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- Indiana University Touts Big Red 200 and Artificial Intelligence at SC19 - HPCwire [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- One way for the Pentagon to prove it's serious about artificial intelligence - C4ISRNet [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- Artificial Intelligence Will Enable the Future, Blockchain Will Secure It - Cointelegraph [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- Artificial intelligence has become a driving force in everyday life, says LivePerson CEO - CNBC [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- 4 Reasons to Use Artificial Intelligence in Your Next Embedded Design - DesignNews [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- Artificial Intelligence Essay - 966 Words | Bartleby [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- AI News: Track The Latest Artificial Intelligence Trends And ... [Last Updated On: November 18th, 2019] [Originally Added On: November 18th, 2019]
- AI in contact centres: It's time to stop talking about artificial intelligence - Verdict [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Newsrooms have five years to embrace artificial intelligence or they risk becoming irrelevant - Journalism.co.uk [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Scientists used IBM Watson to discover an ancient humanoid stick figure - Business Insider [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- The Mark Foundation Funds Eight Projects at the Intersection of Artificial Intelligence and Cancer Research - BioSpace [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Colorado at the forefront of AI and what it means for jobs of the future - The Denver Channel [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Highlights: Addressing fairness in the context of artificial intelligence - Brookings Institution [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Artificial intelligence won't kill journalism or save it, but the sooner newsrooms buy in, the better - Nieman Journalism Lab at Harvard [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- How To Get Your Rsum Past The Artificial Intelligence Gatekeepers - Forbes [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Epiq expands company-wide initiative to accelerate the deployment of artificial intelligence for clients globally - GlobeNewswire [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Preparing the Military for a Role on an Artificial Intelligence Battlefield - The National Interest Online [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Podcast decodes ethics in artificial intelligence and its relevance to public - Daily Bruin [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Global Military Artificial Intelligence (AI) and Cybernetics Market Report, 2019-2024: Focus on Platforms, Technologies, Applications and Services -... [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Artificial intelligence warning: Development of AI is comparable to nuclear bomb - Express.co.uk [Last Updated On: November 20th, 2019] [Originally Added On: November 20th, 2019]
- Google's new study reveals 'Artificial Intelligence benefiting journalism' - Digital Information World [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Artificial Intelligence (AI) in Retail Market worth $15.3 billion by 2025 - Exclusive Report by Meticulous Research - GlobeNewswire [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- With artificial intelligence to a better wood product - Newswise [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Report to Congress on Artificial Intelligence and National Security - USNI News [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Most plastic is not getting recycled, and AI robots could be a solution - Business Insider [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Fujifilm Showcases Artificial Intelligence Initiative And Advances AI - AiThority [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Artificial intelligence could be one of the most valuable tools mankind has built - here's one small but meani - Business Insider India [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Artificial Intelligence: A Need of Modern 'Intelligent' Education - Thrive Global [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Drones And Artificial Intelligence Help Combat The San Francisco Bays Trash Problem - Forbes [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- DesignCon Expands Into Artificial Intelligence, Automotive, 5G, IoT, and More For 2020 Edition - I-Connect007 [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Is St. Louis ready for artificial intelligence? It will steal white-collar jobs here, too - STLtoday.com [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- IT chiefs recognise the risks of artificial intelligence bias - ComputerWeekly.com [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- PNNL researchers working to improve doctor-patient care through artificial intelligence - NBC Right Now [Last Updated On: November 28th, 2019] [Originally Added On: November 28th, 2019]
- How Augmented Reality and Artificial Intelligence Are Helping Entrepreneurs Create a Better Customer Experience - CTOvision [Last Updated On: November 28th, 2019] [Originally Added On: November 28th, 2019]
- Manufacturing Leaders' Summit: Realising the promise of Artificial Intelligence - Manufacturer.com [Last Updated On: November 28th, 2019] [Originally Added On: November 28th, 2019]
- 2019 Artificial Intelligence in Precision Health - Dedication to Discuss & Analyze AI Products Related to Precision Healthcare Already Available -... [Last Updated On: November 28th, 2019] [Originally Added On: November 28th, 2019]
- Artificial intelligence will affect Salt Lake, Ogden more than most areas in the nation, study shows - KSL.com [Last Updated On: November 28th, 2019] [Originally Added On: November 28th, 2019]
- It Pays To Break Artificial Intelligence Out Of The Lab, Study Confirms - Forbes [Last Updated On: November 28th, 2019] [Originally Added On: November 28th, 2019]
- The Best Artificial Intelligence Stocks of 2019 -- and The Top AI Stock for 2020 - The Motley Fool [Last Updated On: November 28th, 2019] [Originally Added On: November 28th, 2019]
- Artificial Intelligence of Things (AIoT) Market Research Report 2019-2024 - Embedded AI in Support of IoT Things/Objects Will Reach $4.6B Globally by... [Last Updated On: December 1st, 2019] [Originally Added On: December 1st, 2019]
- How Augmented Reality and Artificial Intelligence Are Helping Entrepreneurs Create a Better Customer Experience - Entrepreneur [Last Updated On: December 1st, 2019] [Originally Added On: December 1st, 2019]
- SC Proposes Introduction Of Artificial Intelligence In Justice Delivery System - Inc42 Media [Last Updated On: December 1st, 2019] [Originally Added On: December 1st, 2019]
- Artificial intelligence in FX 'may be hype' - FX Week [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 Surprising Way Artificial Intelligence Is Transforming Transportation - Forbes [Last Updated On: December 1st, 2019] [Originally Added On: December 1st, 2019]
- Artificial Intelligence in 2020: The Architecture and the Infrastructure - Gigaom [Last Updated On: December 2nd, 2019] [Originally Added On: December 2nd, 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 2nd, 2019] [Originally Added On: December 2nd, 2019]
- The impact of artificial intelligence on humans - Bangkok Post [Last Updated On: December 2nd, 2019] [Originally Added On: December 2nd, 2019]
- Should the EU embrace artificial intelligence, or fear it? - EURACTIV [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]
- 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]
- 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]
- 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]
- 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]
- The next generation of user experience is artificially intelligent - ZDNet [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- What Jobs Will Artificial Intelligence Affect? - EHS Today [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]
- Artificial intelligence apps, Parkinsons and me - BBC News [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]
- VA launches National Artificial Intelligence Institute to drive research and development - FierceHealthcare [Last Updated On: December 8th, 2019] [Originally Added On: December 8th, 2019]