2. **IoT (Internet of Things):**
IoT refers to the network of physical objects, devices, vehicles, buildings, and other items embedded with sensors, software, and connectivity to collect and exchange data over the internet. These devices can communicate with each other and with central systems, enabling the seamless exchange of information and remote control. IoT applications can range from smart home devices like thermostats and smart speakers to industrial applications like connected machinery and supply chain management. The data generated by IoT devices contributes significantly to the Big Data ecosystem.
3. **AI (Artificial Intelligence):**
AI involves creating machines and software that can mimic human cognitive functions such as learning, problem-solving, reasoning, and decision-making. Machine learning, a subset of AI, involves training algorithms on data to enable them to improve their performance on a specific task over time. AI systems can analyze large volumes of data quickly and efficiently, uncovering patterns and making predictions that can inform decision-making. AI's capabilities are leveraged across various domains, including healthcare, finance, manufacturing, and entertainment.