Artificial Intelligence, Big Data Analytics, and IoT

Data is integral to the development of products and the growth of industries. The value of big data includes monetary assets such as money and value in the usage of information itself. For Internet of Thing (IoT) devices, data is transmitted to the cloud with long‐haul transmissions. With the complete implementation of IoT in society, artificial intelligence (AI) has been widely implemented as a management system. Data analytics enables the company to gather knowledgeable information that gives the business a competitive power edge. Prescriptive analytics is a general combination of business rules and mathematical models where the data can be external and internal. The most prominent use case for AI at this time is individually inspecting pieces of Big Data. AI affects the vertical market for many reasons by making software smarter, faster, and worth more. Big Data is a big component in market analysis and forecasting because Big Data is composed of user data.