
IoT And RFID: Better Together In Retail
- Nov 04, 2021
- by Stephen Veith
RBC's Aiden platform is the result of a massive collaborative effort between RBC employees, their traders and their AI scientists
Using AI to improve customer service is key, however leveraging AI to up-sell customers on new financial products drives incremental revenue for banks
Using IoT technologies enables the shift of maintenance from preventative to predictive while also providing more control over organizational assets
Smart technologies continue to find new ways of keeping people safe amidst the pandemic
Over the last decade, advances in AI and IoT have changed elevators and escalators beyond their mechanical function of getting people up and down in high-rises with speed and comfort.
Real-time workplace data streamed from IoT sources such as cameras, temperature probes, and tags can now be collected and analyzed at the edge and processed using artificial intelligence.
Advances in this area could enable AI on any IoT appliance while enhancing data security and energy efficiency