- Artificial internet of things (AIoT) is the brain that will power the nervous system of the network of IoT objects operating in the WISeKey Ecosystem
- The companies said that the overarching objective of the JV is to establish a foothold into the AIoT market to maximise near-term revenue
WISeKey International Holding has reached a final agreement with arago to incorporate WISeAI AG, a joint venture (JV) in Switzerland. They said that they will join hands to implement the first ever end-to-end artificial internet of things (AIoT) platform with the codename WISeAI. This has taken place due to arago’s AI based Knowledge Automation and Data platform HIRO and WISeKey’s Cybersecurity, European Root of Trust and IoT/semiconductors technologies.
AIoT integrates semiconductors, smart sensors, IoT systems, Artificial Intelligence and a data cloud to deliver to customers an offering to power innovation and digital transformation. The companies said that using WISeKey’s cybersecurity technology and IoT network, data will be collected in HIRO where it can be processed and through automation acted upon in real time in a highly secure environment.
As per WISeKey, AIoT is the brain that will power the nervous system of the network of IoT objects operating in the WISeKey Ecosystem, which currently connects over 1.6 billion IoT devices secured with WISeKey’s VaultIC. It added that with the introduction of 5G, the EcoSystem will continue to grow at a much faster rate as 5G will enable the connection of every object, person, and machine.
It added, ” AIoT will embed AI into the core infrastructure components of the EcoSystem including Root of Trust, semiconductors, and edge computing. Specialized APIs are then used to provide interoperability between components at the device, software and platform level to optimize system and network operations. Data processed through AIoT is then collected and made accessible to extract value and enhance market intelligence and knowledge for customers. AIoT also enables secure automation of actions and business decisions based on real time data and enables IoT to work independently with minimal human support, unlike the current state of the market which requires that all actions be coded in advance based on pre-defined scenarios. “
Lower operating and maintenance costs for providers
As per the companies, with the use the use of AI algorithms and predictive maintenance implemented through AIoT, IoT devices will have the capability to dynamically determine actions to take decisions and self-program based on analytics and customer defined knowledge. This will result in lower operating and maintenance costs for providers.
The companies said that the overarching objective of the JV is to establish a foothold into the AIoT market to maximize near-term revenue as well as at the same time create significant market opportunities in sectors like industry 4, retail, financial transaction, automotive, smart cities, consumer products, healthcare, smart cards, industrial, transportation, and IT infrastructure
They added, “The value of adding AI to the WISeKey platform is its ability to quickly wring insights from data. Machine learning, an AI technology, brings the ability to automatically identify patterns and detect anomalies in the data that smart sensors and devices gather such as temperature, pressure, humidity, air quality, vibration, and sound.”
WISeKey’s strategy to leverage its technology platform via long-lasting relationships with a strategic partner is made to bring a stream of high-profile clients that are in high demand for cybersecurity solutions like AI, digital identity and privacy, secure mobile communication, secure cloud computing, IoT, secure semi-conductors, Blockchain among others.