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Interconnected technologies, unlocking enterprise growth potential
Voice and Data
|November 2024
The synergy of AI, IoT, and 5G is transforming business operations, enabling smarter decision-making and paving the way for scalable, data-driven growth
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Speaking at the Voice&Data panel discussion on 'Harnessing the Power of Interconnected Technologies for Growth,' experts from telecom and technology companies discussed options for realising these technologies' full potential. The industry leaders also shared insights on how enterprises can navigate this convergence to drive tangible business outcomes.
With perspectives spanning AloT applications, private 5G networks, edge computing, and cybersecurity, the panellists underscored the need for industry collaboration, robust infrastructure, and innovative use cases to unlock new levels of growth and efficiency in today's digital economy.
The session was moderated by Anil Chopra, Vice President - Research and Consulting at Cybermedia Research.
THE CONVERGENCE OF AI AND IOT
Anand Bhandari, Vertical Head for loT at Reliance Jio, spoke about the powerful synergy between AI and loT, a relationship often referred to as AloT. "This is not just about algorithms," Bhandari explained, "it is about delivering the right data at the right time, ensuring reliability in processing information."
He likened the approach to the formula of "RRR-Right Data, Right Time, Right Reliability," which is now being applied to personalise and enrich customer experiences in retail. "Imagine tracking a customer's journey from an online platform to a physical store," Bhandari continued, "allowing us to offer tailored interactions based on their preferences." On the industrial side, Bhandari emphasised how AloT is revolutionising predictive and prescriptive maintenance for businesses, with 5G enabling massive machine-type communications. "The tremendous influx of data facilitated by 5G is essential for scaling operations, especially in applications that require real-time insights and quick response," he added.
FABRIC FOR HYPERCONNECTED ECOSYSTEMS
This story is from the November 2024 edition of Voice and Data.
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