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AN INNOVATIVE METHOD FOR OPTIMIZING BUSINESS PROCESSES IN INDUSTRY 4.0 USING AI-BASED IOT

    Dr. Vibha, Dr. Ravindra Babu.S, Dr K Aruna, Abhishek Duttagupta, Rakesh Kumar

Abstract

This article highlights the creative and innovative methods that help in optimising the business process in Industry 4.0 by using artificial intelligence (AI) based IoT. This article has enlightened the fact that AI and IOT share a deep bond that significantly provides greater efficiency by improving the decision-making process and reducing overall costs. Here the importance of AI-based IoT in developing innovative ways has been jotted down. Moreover, the lean management theory has been used to provide a better understanding of this research topic. This article has followed the secondary qualitative method to analyse the role of AI-based IoT in industry 4.0. Apart from this, the limitations and future scope of this article have been provided.

Keyword : AI-based IoT, industry 4.0, revenue, business operation, technology-based operation

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Oct 14, 2022
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This work is licensed under a Creative Commons Attribution 4.0 International License.

References


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