Expounding The Impact Of AI On IoT And Explicating A Conceptualized Framework

S. Thowseaf; Dr. M. Ayisha Millath; I. Yasar Shariff; R. Hemalatha

Volume : VIII, Issue : IV, April - 2019

Expounding The Impact Of AI On IoT And Explicating A Conceptualized Framework

S. Thowseaf, Dr. M. Ayisha Millath, I. Yasar Shariff, R. Hemalatha

Abstract :

The study was conducted with an aim to attain insight into the impact of AI (Artificial Intelligence) on IoT (Internet of Things). The study adopted conceptual and analytical research methodology. From the reviews, it can be found that; Data security and privacy, the requirement of huge investment, adaptability & interoperability and compatibility & longevity challenges are the major reason contributing to penetration of AI into IoT. Regression analysis on secondary data provides R2 value as 0.8981, which means that the linear regression forecast model is 89.81% accurate in forecasting the future investment on AI-based IoT globally. As per the linear regression forecast, during 2017 investment on AI-based IoT globally is expected to be $5.16 Billon, 2018 it is expected to be 5.78, 2019 it is expected to be 6.4 and during 2020 it is expected to be 7.02.