Artificial Intelligence is disrupting software.
Internet of Things (IoT) is disrupting the physical world.
Combine the two, and you get AIoT (Artificial Intelligence of Things) - a powerful convergence that enables businesses to gain insights, build models, and automate functions in the physical world.
This trend is giving rise to an entirely new class of scalable technology companies.
From Connected Things to Intelligent Things
Historically, IoT technologies have been about connecting things and gaining value from the data produced by these connected things. This data could then be used to drive certain actions, but those actions typically required humans to take place.
With AI, however, comes the incredible ability to learn from this data and begin to make calculations that enable connected devices to begin making better decisions on their own.
By applying AI to IoT, or AIoT for short, businesses can now detect anomalies, predict and prevent failure, optimize operations, improve workforce safety, gain greater visibility in operations, and automate decision-making.
This means connected things can move from simply providing information to taking action based on what they observe.
Why The Physical World Is Becoming An AI First Domain
Industries like manufacturing, logistics, healthcare, construction, warehousing and more are seeing a tremendous amount of value from being able to apply AI to IoT.
These industries are churning out petabytes of data on a daily basis, and the ability to apply AI to this data to drive business decisions is proving enormously valuable.
AIoT is enabling operations to transform by connecting the physical world to intelligent software systems that can learn and improve over time – and represents one of the largest opportunities in enterprise technology today.
Building Companies Around Real Industry Problems
Most startups begin with an idea and then go looking for problems to solve. A venture studio, on the other hand, can begin with problems – specifically, industry problems that are ripe for disruption.
This can allow a venture studio to build companies that are grounded in real-world needs, rather than simply hoping that an application will find a receptive audience.
By building solutions around real-world problems, these companies can often be much more compelling from a market perspective. Moreover, many such companies can be built around similar foundational technologies, and can be configured to address different verticals and use cases.
The Venture Studio Model For Founders
Founding technology companies is hard work. Beyond having an incredible idea for a product, founders in enterprise technology must grapple with product design, AI model construction, IoT infrastructure and hardware, cloud infrastructure and more – not to mention getting products to market and driving adoption among prospective customers. A venture studio model can help by providing experienced counsel in many of these areas, while also helping to reduce some of the risk associated with launching a new company.
When it comes to AIoT, Aperture Venture Studio can provide insight across an array of disciplines including product strategy, AI development, IoT infrastructure, hardware, cloud, and more – helping founders to develop compelling solutions that are grounded in real-world needs, address tangible use cases, and serve as the foundation for venture-scale companies.
Aperture Venture Studio’s Approach To AIoT
Aperture Venture Studio is focused on building and scaling companies that sit at the intersection of AI and IoT for the purpose of solving real-world industrial use cases. Unlike pure concepts, Aperture focuses on building companies around actual production systems, and is interested in capturing value from technologies that serve as foundational pillars in the growing AIoT space. The studio looks at applications spanning across asset tracking, inventory management, workforce safety, access control, industrial intelligence platforms and more – and can help turn them into compelling technologies that solve business problems and serve as the foundation for venture-scale opportunities.
Learn more about Aperture Venture Studio and its work in the AIoT space here: https://apertureventurestudio.com/
The Future Of Technology Innovation Belongs To The Physical World
The future of innovation will not be defined by purely digital advances – it will be defined by the intersection between digital and physical, and the incredible opportunities enabled by applying AI to the physical world through IoT.
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