Slides from the lecture given on Artificial Intelligence, IoT and BigData for Driving Innovation in Victoria University of Wellington. This slides contains some of the basic concepts and business models of emerging technologies.

1. Internet of Things, Big Data
and Artificial Intelligence For
Driving Innovation
Management
by
Abdul Wahid

2. Who AM I
Abdul Wahid
Founder GleeTech
Co-Founder Polanyio and PeopleSonic
• 13 years of Experience in IT
• PhD (Machine Learning).
• 2016, Victoria University of Wellington
• Develops intelligent digital products.
• Passionate about
• AI/Machine Learning/IoT/BigData
• Tech Startups/Businesses

3. Content
• Internet of Things (IoT)
• Introduction
• IoT Business Models
• Big Data
• Introduction
• Big Data Business Models
• Artificial Intelligence
• Introduction
• What AI can do
• AI Approaches
• AI first Business Model
• Conclusion

4. Internet of Things

5. Internet of Things (IoT)
A network of
internet-connected objects
able to collect and exchange
data using embedded sensors.
- BusinessInsider
(http://www.businessinsider.com/what-is-the-internet-
of-things-definition-2016-8)

6. Sensing as a Service - New Business Model

7. Internet of Things - Business Models
• Data as a driver
• Real time data decisions
• New alliances
• competitor outsourcing
• distributors
• New Services
• self driving taxis
• Pay per use
• Asset tracking/monitoring
• Others

9. Big Data

13. Artificial Intelligence

14. Artificial Intelligence
• “The science and engineering of making
intelligent machines.”
- John McCarthy, 1956.
• Weak AI
• intelligent system but designed and trained
for a particular task.
• Strong AI
• intelligent system designed with generalized
human like cognitive abilities.

15. What AI can do
INPUT A RESPONSE B APPLICATION
Picture Are there human faces? (0 or 1) Photo tagging
Loan Application Will they repay the loan? (0 or 1) Loan approvals
Ad plus user information Will user click on ad? (0 or 1) Targeted online ads
Audio clip Transcript of audio clip Speech recognition
English Sentence French Sentence Language translation
Sensor from plane engine, etc Is it about to fail? Preventive maintenance
Car camera and other sensors Position of other cars Self-driving cars
X Y ...

16. Human vs AI
When AI surpasses human performance, the progress slows down.
Performance
Time

18. AI First Business Model?
AI research is open, anyone can download/develop stat-of-the-art algorithms.
How to protect your business and get competitive advantage?
Data Product
Users
Vestibulu
m nec
congue
tempus

19. AI first Business Model - Scarcities
• Data
• Capture more data,
• Capture Unique data
• Talent
• AI Experts who can customize AI solutions according to the business
• Category Leadership
• Create better products, thereby becoming leaders in product adoption
• Optimize processes by augmenting humans, thereby becoming leaders in
product pricing
• Reduce costs by replacing humans, thereby becoming leaders in workforce
efficiency

22. Conclusion
- Analysis of Things
- Data Science as Service
- Big Data Empowering
AI
- End to End solution
providers
AI
Artificial Intelligence, Deep Learning, Chatbots,
Data Science, Analytics Platforms
Big Data Twitter, Blogs, News, Websites, Internet
IoT Sensors, Smart Phones, Devices
Data
Enterprise level data, 3rd Party
application data

23. Notes
Reference:
https://www-01.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=GBE03
595USEN
https://medium.com/element-ai/the-ai-first-business-model-fcc41c069
440
https://medium.com/@Synced/artificial-intelligence-is-the-new-electri
city-andrew-ng-cc132ea6264
https://arxiv.org/pdf/1702.02380.pdf