Integration of the IoT and AI is turning data analytics and realtime decision making on their heads, opening up new spaces across industries. The data the IoT devices generate is not only in realtime form but also from multiple sources such as sensors, machines, and connected devices. While of immense value, the raw data is complex and bulky, demanding advanced processing into actionable insights. Leverage AI, using machine learning and deep learning techniques, in order to analyze IoT data efficiently and come up with autonomous and intelligent responses regarding the dynamic situations. Analytics based on AI can support realtime decisions for organizations based on data, improving operational efficiency, reducing downtime, and enhancing customer experience. Using AI capabilities, realtime analytics can predict equipment failure in healthcare, manufacturing, and logistics, monitor patients' health, and streamline supply chains instantaneously. Data will be generated through speedy processing and actionable output. These facilitate the businesses in taking decisions through timely responses. This is how the strength of IoT integrates well with AI and propels toward self reinforcing learning cycle and optimization. AI algorithms keep evolving in time with even more input of data. Predictive and prescriptive analytics thereby forms an excellent framework which places the companies at excellent positions with respect to competitiveness in high volatile markets through agility and responsiveness.
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