IOT, Big Data, AI & Data Science
IOT Data science
5 years ago

Today, every discussion about changes in technology, business, and society begins with data. In its exponentially increasing volume, velocity and variety, data is becoming a new natural resource.“ - ARVIND SHETTY, PRODUCT MANAGER, DIRECTOR, IBM ANALYTICS

Artificial intelligence, big data, IoT have framed a really symbiotic relationship, and they require each other to convey to fulfill what all of them are promising. On the off chance that there are any intriguing questions that the destinies of man-made consciousness and huge information are entwined, consider these ongoing statements from two exceedingly respected idea pioneers in this space:

“Throughout the business world, every company these days is basically in the data business, and they’re going to need AI to civilize and digest big data and make sense out of it.” (Kevin Kelly, co-founder of Wired)

“In the past, AI’s growth was stunted due to limited data sets, representative samples of data rather than real-time, real-life data and the inability to analyze massive amounts of data in seconds. Today, there’s real-time, always-available access to the data and tools that enable rapid analysis. This has propelled AI and machine learning and allowed the transition to a data-first approach. Our technology is now agile enough to access these colossal datasets to rapidly evolve AI and machine-learning applications.” (Bernard Marr, noted AI author and speaker)

AI, Big Data & IoT have shaped a really harmonious relationship, and they require each other. Another all-around respected master, Mike Manchett, senior expert with Taneja Group, has been watching this upheaval in the AI advertise, noticing that another age of instruments and stages is making AI a reality for organizations of different types and sizes.

As this is called the era of information overload and the early time of next industrial revolution, the frontrunners are undoubtedly Big Data, AI, IoT. It’s not only about harnessing the information but utilizing it in all aspects of life to improve the situation. Data scientists play the pivotal role in transforming the raw data to valuable information which is then used in all applications to churn out valuable insights.

As data is becoming more and more available, data is not any more the elite play field of PhDs. Presently, because of another age of simpler to-utilize devices and stages, tech experts can begin assembling and sending AI arrangements inside their ventures. “Today, I get a real sense that big data analytics is finally within reach of the average engineer or programming techie,” Manchett says. “There is now a large and growing middle ground where smart non-data scientists can be very productive with applied machine learning even on big and real-time data streams.” AI is not quite ready for non-technical business, users, however, Manchett cautions. “To achieve the big data and AI goals, you still need to understand extract, transform and load concepts and what machine learning is and can do, but you certainly don’t need to program low-level parallel linear algebra in MapReduce anymore.”

 

All raw data is transcending into Big Data and transforming the industries spanning across healthcare to retail. Be it IoT, AI or Big Data – it’s all about harnessing the data and transforming it into valuable information to leverage the benefit of information. Eventually, all data will be big data, and machine learning — and the broader AI capabilities — will be applied everywhere to dynamically optimize just about everything,” says Manchett. “Given the power easily available to anyone through cloud computing, the impending explosion of IoT data sources and increasingly accessible packaged algorithms, the possibilities of big data and AI are becoming real in our lifetimes.” AI and machine learning, then, will become commonplace, with “the data center of the near future may soon be a converged host of all the data an organization can muster, continually fed by real-time data flows, supporting both transactional systems of record and opportunistic systems of engagement, and all driven by as much automated intelligence as possible.”

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