To accelerate technological advancement and enable new disruptive digital services, the notion of intelligent connectivity envisions the integration of 5G, Cloud, Big Data, the Internet of Things, and artificial intelligence.
According to the vision of intelligent connection, artificial intelligence (AI) technologies analyze and contextualize the digital data gathered by the machines, gadgets, and sensors that make up the Internet of Things more relevant and practical.
While IoT participants often concentrate on "things"—individual smart devices connected to a network—the Internet of Experiences aims higher, focusing on what is made possible when smart devices build experiences off of one another—innovative services that simplify and improve daily life in previously unimaginable ways.
It would enhance decision-making and enable users to receive personalized experiences, resulting in a richer and more satisfying relationship between individuals and their surroundings.
The Internet of Things is becoming a common phenomenon as artificial intelligence grows more complex due to computer power improvements, data scientists' training and the accessibility of machine learning tools for developing sophisticated algorithms.
The missing piece that will enable the intelligent connectivity vision and advance these technologies is 5G. A potential change in our society and how we live and work could result from the ultra-fast and ultra-low latency connectivity offered by 5G networks, the massive amount of data collected by the IoT & decision-making capabilities of artificial intelligence technologies.
The Internet of Things enables the digitalization of experiences & everything that can be personalized. It is vital, as the experience is by definition personal.
A big part of such, according to Joe Pine, who coined the term "the Experience Economy," is to "keep the user at the focus of their thinking & to remember they are not creating things for an Internet of Things, but creating living, evolving impact within an Internet of Experiences."
IoT is not just fancy jargon. Companies pour billions of dollars into creating ever-smarter things, gadgets, venues, and services but frequently forget to consider who will use "the thing" and why. The Internet of Things (IoT) transforms current business structures, providing new interactions and connections between businesses and clients.
The end-user viewpoint offers guidance and draws attention to opportunities to create services that organizations and customers will use and pay for. It will produce new, cutting-edge services and alter how most industries will function in the future.
There are several good use cases in IoT. From transportation to healthcare, manufacturing to security, coupled with Big Data and AI while harnessing the power of the cloud, the intelligent connectivity powered by IoT can do wonders.
Organizations possess reams of data, a wide variety of sensors, and information sources, but they lack the context or the motivation to develop innovative and useful services. Connecting the various Internet of Services layers around particular services will open up new markets for producers, consumers, and business clients.
Every household now has access to technology thanks to the Internet of Things. Consumers place a high value on connecting objects and comprehending the gathered data to improve their quality of life.
Although there are many practical use cases, there is still much to be done before the era of intelligent connectivity. Technologies must develop, laws must be perfected, and much money must be spent. But if everyone involved works together to achieve this objective, we will eventually succeed.