AI in "Consumer Electronics"
With the rising popularity of smart electronic devices, the consumer electronics industry is experiencing rapid growth. Companies are leaving no stone unturned to make our lives much easier by developing AI-driven consumer electronic products.
Business Challenges
Companies operating in consumer electronics industry face numerous other challenges, including uncertain demand, shifting tastes, operating at a profitable level, changing standards and regulations, and relying on the global supplier network, among others. Smartphones have been around for quite some time and smart TVs are quickly becoming an entertainment standard, but consumers are now wanting everything “smart.” Meeting the demand of consumer needs is already a challenge but to meet the needs of consumer demands when their needs change as often as the weather, that presents a whole new world of challenges in the aspect of short product life cycles. As more and more people are educated on environmental safety, this same consideration for the environment is expected from businesses too. In addition to going green, electronics manufacturing is also feeling the pressure from consumers to develop products that don’t consume as much energy.
How can AI help?
The consumer electronics (CE) industry thrives for three major innovations: advanced analytics with insights to support the decision making process; autonomous business processes, eliminating manual process to achieve faster time to market; and AI-powered immersive, conversational, and continuous interfaces that help deliver a ‘wow’ experience and achieve more involvement from the user. AI has provided the opportunity to control household appliances with ease. These devices can manage the performance of the various devices through voice recognition or smartphones. They can adjust the temperature and other factors using their smart sense technology.
Use cases
Smart Homes: Monitoring home remotely and controlling the household activities wirelessly is no more a science fiction. Right from control our home appliances, monitor our homes to make it more secure to be a companion at times, these smart home devices are doing it all to make our lives easier than ever before.
Smart Security Systems: Introducing AI in home appliances is not just giving comfort but also making our homes a safer place. AI-powered security systems use technologies like facial recognition and voice assistants which use machine learning technology. Facial recognition technology in AI-integrated cameras is used to identify the intruders and voice recognition technology is used for human-to-machine interaction & automation of domestic chores.
Digital Personal Assistants: AI-powered personal assistants work on speech recognition technology, where just a hint of your voice command will do everything. Imagine leaving your home without worrying about your work schedules, meetings, locking your door, switching off electronic devices, and coming home and just relaxing without thinking about your food, groceries, or anything.
Enhanced Entrainment System: As the entertainment industry is blooming, AI is unleashing its potential to change the outlook of the media & entertainment industry. Adopting AI into the entertainment industry enables companies to provide the right content to the right user, to know their customer preferences, and also to promote the content.
Wearables/Fitness Brands: Owing to their user-friendly functionality, smart wearables are experiencing rapid growth. Smart wearables are used for real-time monitoring, like tracking, analyzing, and improving fitness. It also pushes its boundaries with products that can provide wearables for elderly care, track remotely, diagnose the illness remotely, and inform the users to take care of their health based on the results.
Why choose us?
The Consumer Electronics industry, being one of the prominent and inevitable segments, is embracing AI to be competitive and relevant in the coming years! The adoption of these tech-powered disruptive technologies are prevalent across all consumer electronics products.
We at RadomeTech believe AI is crucial for every business entity. Thus, we have a developed a tool which lets the user have the power of Artificial Intelligence and Machine Learning !