The awareness of the people has increased, so they proactively want to automate their life, they want to know how much they will pay for electricity, gas, etc. So the trend for Smart Home is going up and up. The same is valid also for Smart Buildings, as property develpers are trying to figure out how to get all those people back into the buildings, and make them feel comfortable to stay in the office environment. And in the meantime, they need data to see what is happening inside the building – how many people are there, are they staying at a social distance, are they complying with these social rules. In such a way they want to get more data alongside their investment in the building. I forecast that both Smart Home, and Smart Building technologies will be on a rise, definitely.
Do you think that IoT can be combined with other technologies such as AI in a way to enhance one another? It there such a trend?
Definitely. Prior to 2020, all the intelligence was on the Cloud. Right now, the trends that I see are that the whole intelligence (AI) is actually transferred on the device. This way the device doesn’t need to send a lot of data meaning that there’s no need for the device to be connected by a cable or WiFi. This means that it can be better operated. A lot of operation can be done on the device. The device learns your preferences, rather than all the data to be operated by the Cloud, and the Cloud to learn your preferences. Now it is easier.