IIC Journal of Innovation 11th Edition | Page 44

Accelerating Performance with the Artificial Intelligence of Things Figure 4: Industrial AI-driven IoT Applications the data source as possible – to the edge. Bringing Advanced Analytics to the Edge Where analysis of IoT data takes place depends on issues of bandwidth and latency:   With AI-powered capabilities, IoT data can be transformed, analyzed, visualized and embedded across the entire ecosystem – edge devices, gateways and data centers, in the fog or in the cloud. For applications that can tolerate some delay or are not bandwidth- intensive, such as collecting summary data of a device’s operation, the IoT device sends data to the cloud or data center, which analyzes it in light of historical performance and other trends. Insights gained from the analysis can then be used to make decisions on subsequent operation of the device, including modifying the control program on the device itself. For cases where mobile or remote assets churn out lots of data that must be analyzed quickly – such as self-driving vehicles or drones – or where bandwidth is constrained, data processing is moved as close to IIC Journal of Innovation AI O T IN A CTION IoT Data with AI Reduces Downtime Helps Truckers Keep on Trucking Millions of trucks transport fuel, produce, electronics and other essentials across highways every day. But unplanned downtime can exact a tremendous toll on any fleet operator and their customers who depend on timely deliveries. Volvo Trucks and Mack Trucks, subsidiaries of the Swedish Manufacturer AB Volvo, have met this challenge through remote diagnostic and preventative maintenance services based on IoT technologies with advanced analytics - 40 -