By

• Priya Sharma – Sr. Data Scientist -IoT Analytics, SAS Institute Inc.
• Saurabh Mishra – Product Management, IoT, SAS Institute Inc.

June 12, 2020

Description: Majority of AI approaches are based on the construct of training against historical data and then inferencing new data. While this is a sound and proven approach, a lot of IoT assets coming online don’t have historical data and we don’t necessarily have the time to wait.

Modern Machine…

We always knew that the evolution of technology would lead us to newer avenues and opportunities in life. But little did we imagine that there would come a day that we would have a technology that would allow us to turn off electric appliances in our house from our office. No more “Did I turn it off” conundrums! That is the magic of the Internet of Things. And here’s an interesting statistic about this rockstar of technology: The number of connected devices in the world was 8.4 billion,…

No doubt, the technology of Internet of Things is swelling at an extraordinary rate. One sector that has benefited significantly from this technological marvel is the powerhouse sector of energy.

In 2015, the global energy market reached a valuation of USD 6.8 billion and is now expected to reach $26.5 billion by the end of…

The heightened technological development in the 21^st century would not have been possible without the contribution from the oil & gas sector. Our dependence on the crude and its products has made it one of the industrial sectors that contribute around 2 to 3 per cent to the overall global economy. In fact, in 2017, the consumption of crude grew by 1.4 million b/d and its production increased by 2.2 million b/d.…

Cloud computing infrastructure renders benefits such as scalability, enhanced performance, and pay-as-you-go (PAYG) service to the IIoT market. Additionally, the demand for low-cost data storage, backup, and data protection are monumental challenges for small & medium enterprises (SMEs). Cloud computing also offers self-service provisioning and automatic de-provisioning, application program…

Agriculture has witnessed different innovations and technological developments in the past 100 years. Unlike, traditional farming methods that relied completely on manual labor, modern agriculture is automated and smart. The use of disruptive technologies like the Internet of Things has made farming more precise, sophisticated, and productive. The advent of IoT in the agriculture sector has enabled the emergence of various new farming practices like precision farming, digital farming, and…

Artificial Intelligence in IoT Market: 

AI plays a significant role in monitoring, production development, industrial applications, and analytics, among others in several business environments. Further, with the rising number of IoT-based devices, the need to effectively process the enormous real-time data generated from connected devices to reduce downtime and maintain costs drive demand in the AI in IoT market. The two technologies together are projected to offer…

Summary: Especially in consumer goods and retail the value of AI/ML is only part of the story.  AI/ML will increasingly need to integrate with helper technologies to deliver maximum value.  Up your game in IoT, 5G, and robotics to ensure you’re giving your operating team all the best options for their investment.

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The world has taken several leaps in the technical aspects in the past few years. This has resulted in tremendous growth for the entire globe. With proper modes of communication and travel, the world has discovered ways of becoming stronger by every passing day.

With the flow of time, technology evolved and discovered those…

Summary:  Here are our 5 predictions for data science, machine learning, and AI for 2019.  We also take a look back at last year’s predictions to see how we did.

It’s that time of year again when we do a look back in order to offer a look forward.  What trends will speed up, what things will actually happen,…

If you’ve been studying artificial intelligence and its growth, you’ll know that the industry is well past its nascent stage now. There is significant maturity in its growth, and companies from diverse backgrounds are realizing the impact of incorporating data and AI into their ecosystems.

In a bid to understand the dynamics of this data-centered…

I built a scenario for a hybrid machine learning infrastructure leveraging Apache Kafka as scalable central nervous system. The public cloud is used for training analytic models at extreme scale (e.g. using TensorFlow and TPUs on Google Cloud Platform (GCP) via Google ML Engine. The predictions (i.e.…

The age of technology is way past its nascent stage and has grown exponentially during the last decade. In my role, travelling to events and meeting with thought leaders I am aware of the developments made across different technological fronts.…

A smoothly running sensor data analytics tool may be just as difficult to manage as a symphony orchestra. Because every musician in an orchestra – and every part of an IoT system – needs to work properly and ‘harmonize’ with the others. But how do conductors make their orchestras work so nicely and sound so heavenly instead of creating a mismanaged cacophony? Obviously, there’s a lot of practice involved. But besides that, they definitely know what pitfalls they need to avoid. Which is why,…

Many predict, and warn, that the Artificial Intelligence (AI) Revolution will change the world – and possibly the very essence of mankind.  But society-changing revolutions are not new.  History is full of such revolutions.  What can we learn from those previous revolutions that might provide an indication as to how this AI revolution might play out?

We will examine two other revolutions – the Industrial Revolution and the Information Revolution…

Sales Forecasting: Science or Instinct?

Recently, we had talked about marketing automation, a digital transformation in the field that involved both artificial intelligence and machine learning. Even Natural Language Processing (NLP) has come a long way, enough to change the content marketing game. But while marketing has shifted to a digital…

Technology is known to shift landscapes, even change the game. We saw that when the internet exploded in scale and popularity, as computers became smarter, and the world goes through the digital transformation. An easy example is in traditional marketing, which now borders on the irrelevant, unable to hold a candle to its more modern counterparts.

Email,…

The Internet of Things connected all of kinds intelligent devices, such as mobile devices, sensors, machines or vehicles with each other and with the cloud computing. Analysis of the IoT data offers many opportunities for companies, as they can make faster decisions, optimize business processes or develop new applications and even restructure business models. This has the enormous potential of Internet of Things that is virtually present in every industry, including energy, retail,…

Narrowband IoT (NB-IOT) is a Low Power Wide Area Network (LPWAN) radio technology standard developed to permit a various services and devices to be connected using telecommunications bands. Narrowband Internet of things is a narrowband radio technology designed…

Internet of Things (IoT) is ranked high on the list of revenue generating opportunities for most Telecom Companies. It is expected to become an enormous market with devices from all over the world connected to the IoT network. There is no doubt that it would become the next big thing. The real questions are about monetization and the…