Enabling transformational benefits for businesses

The formative systems of AI were only competent in managing a narrow category of tasks. They could not scale well and often called for human intervention. However, continuous studies and progress in technology have led to the evolution of AI in tandem with IoT concept which has given rise to the much loosely used term now, Smart Machines. Leveraging the power and capability of AI, smart machines will simplify the tasks by performing them in minutes which otherwise would take weeks or even months to complete. These machines will radically transform the way most enterprises do business, bringing in an advanced level of comfort and convenience.

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The synthesis of the two concepts offers real value proposals in the form of smart sensors that seek to proffer real-time data and feedback to make these three significant analyses.

• Predictive: Predictive analysis helps to determine when a part of the machinery is most likely to experience a breakdown. Such analysis will help in averting the failure through preemptive intervention.

• Prescriptive: Prescriptive analysis offers immediate suggestions that can be instrumental in preventing any kind of disasters or botches.

• Adaptive/ autonomous: Constant data feeds from sensors can help the systems in taking frequent actions autonomously without any human involvement.