Combining AIoT and Simulation Modeling
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Key Takeaways
⇨ AIoT has allowed us to build smart edge devices that can transform many aspects of operations management.
⇨ There is an opportunity to pair AIoT with other analytics approaches.
⇨ An example is pairing AIoT with simulation modeling that can help build, "always-on" simulation models fed by live streaming data feed.
AIoT on smart cameras has the potential to create innovative solutions in many domains. These cameras' capabilities can be paired with other emerging or existing tools and technologies to help create innovative solutions. Therefore, IoT-based analytics will be one of the focus topics in our February 2023 research report, Supply Chain Data And Analytics State of The Market. In this article, we share an example of how an existing real-world AIoT solution can be paired with simulation modeling to help create an "always-on" advanced analytics capability.
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