On this episode of the IoT For All Podcast, Ryan Chacon is joined by David Ly, the CEO of Iveda, to debate the evolution of IoT. They discuss AI and IoT and their impression on society, AI and IoT safety and privateness, and the present state of good metropolis deployment.
Episode 302’s Sponsor: Troverlo
Troverlo Autonomo is rewriting the principles of asset monitoring and knowledge assortment. No extra chasing elusive units or dropping sleep over knowledge breaches. Autonomo’s distinctive background app ensures you keep in management, even when units go off the grid. It’s scalable, platform-compatible, and delivers a fast return on funding. Go to Troverlo.com now and harness the facility of Autonomo to rework your IT division!
About David Ly
David Ly is the visionary founding father of Iveda, having served as CEO and Chairman of the Board of Administrators because the firm’s inception in 2003. With over 20 years of expertise in wi-fi knowledge, mobile, IT, and cloud video surveillance, David has constructed a pioneering cloud video internet hosting and real-time surveillance infrastructure with use instances throughout the globe.
Fascinated about connecting with David? Attain out on LinkedIn!
About Iveda
Iveda (NASDAQ:IVDA) is the supplier of worldwide options for cloud-based, video AI search and surveillance applied sciences that defend the folks, locations, and issues that matter essentially the most. Iveda’s know-how has the facility to offer instantaneous intelligence to present infrastructure, enabling cities and organizations world wide to seamlessly enter the fifth industrial revolution. Iveda operates on the forefront of digital transformation of cities the world over, utilizing IoT platforms with good sensors and units developed to help with use instances surrounding public security, safety, aged care, vitality effectivity, and setting preservation.
Key Questions and Matters from this Episode:
(00:39) AI For All announcement
(01:02) Sponsor
(01:35) Introduction to David Ly and Iveda
(05:39) The evolution of IoT
(09:35) AI and IoT and impression on society
(12:28) AI and IoT safety and privateness
(17:14) Good metropolis deployment
(27:27) Be taught extra and observe up
Transcript:
– [Ryan] Good day everybody and welcome to a different episode of the IoT For All Podcast. I’m Ryan Chacon, and on at this time’s episode, we’re going to be targeted on speaking in regards to the evolution of IoT, how AI is coming into the IoT house, impression on society that these applied sciences are going to have, privateness and safety issues, a complete lot of subjects that I believe you’ll discover a number of worth in.
With me at this time will likely be David Ly, the CEO of Iveda. They’re an organization that may be a supplier in international options for cloud primarily based video AI search and surveillance applied sciences. If you’re watching this on YouTube, please like this video and subscribe to our channel in the event you’ve not completed so already. For those who’re listening to this on a podcast listing, we’d actually respect it in the event you’d subscribe to see the newest episodes as quickly as they’re out.
And final announcement is when you have not already completed so, our AI for All content material has been launched. So now we have a podcast now with consultants from all around the AI business targeted on enterprise AI, in addition to a publication that’s going out weekly and typically day by day relying on what’s occurring within the house, and the web site is coming quickly.
So please examine that out and subscribe to these channels as properly in the event you’re concerned about AI. However apart from that, let’s get on to the episode. Troverlo Autonomo is rewriting the principles of asset monitoring and knowledge assortment. No extra chasing elusive units or dropping sleep over knowledge breaches. Autonomo’s distinctive background app ensures you keep in management even when units go off the grid.
It’s scalable, platform suitable, and delivers a fast return on funding. Go to troverlo.com, that’s t r o v e r l o dot com, now and harness the facility of Autonomo to rework your IT division. Welcome David to the IoT For All Podcast. Thanks for being right here this week.
– [David] Superior. Thanks Ryan for having me, man.
– [Ryan] Yeah, completely. Tremendous excited to speak.
Earlier than we get into it, I’d find it irresistible in the event you may give a fast introduction about your self and the corporate to our viewers.
– [David] I’m David Ly, CEO and Founding father of Iveda. And I based Iveda again in 2003, so actually 20 years in the past. And I actually, I’m a civil engineer by training, actually not by commerce. By the point I graduated, I fell luckily into the period of the dot com again in San Jose, California. In order that’s the place my know-how background and expertise actually began is with all of the early dot coms and the expansion of the the period of the web and knowledge consolidation, et cetera.
On condition that, I superior in my profession, not as a civil, completely outdoors of self-discipline, I went into wi-fi networking. With a beautiful firm again in late 1999 into the early 2000 out of San Jose, California. We have been one of many first firms, however their identify was Ricochet, in case anyone’s concerned about historical past.
One of many first firms that had extensive space wi-fi connectivity. And guys, you realize what which means is, we’re so used to our 5G at this time and Wi Fi at this time. Again then we had a modem about this huge velcro to the again of our laptop computer and, with a serial port screw in, USB was not even round again then.
And guess what? We obtained on-line with Juno, Go America, Prodigy. That is how early web I obtained began in. Quick ahead. With that background. Right here in Arizona, I met a bodily safety firm and the possession there, and it simply dawned on him that if they will confirm an incident remotely or at one other geographical location earlier than they despatched out an individual in a car, that will be great. Now thoughts you that is 2003, 2005, web was nonetheless T1, T3. We have been one of many first firms, Ryan, that did distant IP video evaluation in actual time. Now IP video cameras have been 900 bucks a digital camera again then, not 59.99 on Amazon, proper?
Not it was a logitech webcam. So we, Iveda was one of many first firms that did distant video monitoring. Which means we had a managed web IP video, and we had dwell people watching a digital camera on behalf of the shoppers. In order that’s how we obtained began and after a decade and two, Iveda developed at this time to what you realize of us at this time.
From our background of massive knowledge administration, dealing with and streaming. We needed to discover a means of constructing that extra environment friendly. Human labor in evaluation and assessments, too costly. Right here it comes. In 2014, we utilized one thing known as machine studying, and we taught the machines find out how to search for sure objects inside the plethora of knowledge that we had from our prospects.
So that is the evolution of Iveda AI. That is the place our AI video analytics was spawned and our go to market at this time and what makes us sturdy is leveraging our progress and the know-how. And going again to IoT now could be data sensor knowledge now has intelligence behind it. In order that, that in a nutshell is Iveda, an AI IoT good metropolis firm.
– [Ryan] Improbable. Very thrilling background too. You’ve been, you’ve seen the evolution of issues, actually been within the trenches, understanding, enjoying with constructing applied sciences from the early days to now. Let me ask you, because it relates significantly to IoT, clearly we have been, this was M2M, now it’s IoT.
I’ve been within the house for about seven years. It’s grown. It’s modified lots. It’s developed lots. What has, inform our viewers a bit bit about the way you’ve seen the evolution of IoT. Not must, it may be one thing like simply excessive stage it for viewers what you’ve seen from the start until now.
And now we’re, as a result of we’re proper now we’re entering into the AI integration into IoT them coming collectively to offer much more worth now that now we have entry to all this knowledge that IoT options are in a position to acquire. However simply speak us by means of the evolution that you just’ve seen.
– [David] Yeah, positive. Most just lately the corporate Iveda has gotten concerned in good energy, good energy administration for our good metropolis options. However why I begin with energy, this segues into the entire IoT spectrum is that I do know from an early engineering college, again then we talked about, I used to be at school within the nineties, however we talked about seventies, eighties the place the facility firms and the phone firms already had sensors all through their traces that,, the switch traces, in order that they will measure sure energy and even temperature of the transmission only for security. Now that’s what IoT is. It’s all the time been there. It’s been round, proper? System sensors and knowledge, however the distinction, and I’ve seen the evolution Ryan, is all the best way up till very just lately, the info got here to us after which it was us once more and all the info and the evaluation needed to occur manually. After which we had to attract upon with the given variables, totally different fashions to provide us the info that we have to make choices with, proper? So whether or not it’s climate, temperature, stress, sensors and units have all the time been round and actually that’s the idea of IoT. Evolution, I’ve seen so many extra sensors from the great previous days of the RadioShack, open closed door sensors to now we’ve obtained espresso darkness.
It’s what’s occurring is there’s much more element concerned. And this segues into, given all this element of knowledge and the convenience of assortment now due to the evolution of simply the web typically, proper? Web of issues are starting to only make extra sense. Earlier than, it was simply extra very skilled, industrial, industrial.
However at this time, you, me, our youngsters, hey, we contact it on a regular basis now.
– [Ryan] Yeah, with out even figuring out typically. Yeah, with out even realizing it.
– [David] With out even figuring out it. Right. So I see now that it’s extra frequent than we understand. That’s my expertise with IoT. And persons are talking about it extra, the phrases getting used extra. So it’s extra prevalent at this time.
– [Ryan] I believe firms are additionally beginning to actually see the worth of those applied sciences and options and what it might do for his or her enterprise and entry to knowledge they didn’t have entry to earlier than make, to assist them make higher choices, sooner choices. And we’re beginning to now compile AI on prime of that, proper?
We have now entry to this knowledge so we are able to herald these AI fashions to offer extra worth. In deciphering, understanding, analyzing the info. How have you ever seen, a lot of the, from a public perspective, a lot of the conversations round AI are related to generative AI instruments, speaking about ChatGPT, issues that individuals can go and play with and contact themselves.
However AI has been working its manner into IoT for some time now. The place do you see or how do you see AI coming into IoT and the impression that has on society and the customers of those units, sensors, and options?
– [David] I’ve obtained an excellent state of affairs I believe that can assist give our listeners or viewers a really clear, actual world perspective. From expertise right here, Iveda, the corporate, now we have this answer known as IvedaCare. Now I’ll attempt to break this down. It sounds fancy, however what it’s, Ryan, is a equipment that again within the day, we might most likely use the time period good residence, and I’ll even go additional, RadioShack had door sensors, window sensors, alarm sensors, movement sensors, proper?
However in the event you take a collective of all these great sensors, and also you simply add on a bit bit extra like moisture, humidity, temperature, and you place this right into a setting the place you’ve a dementia care affected person or simply grandma, grandpa at residence alone. Prior to now, these sensors solely supplied set off alerts when one thing bodily triggered every sensor.
Temperature too excessive, door open, window closed, movement in a hallway. Now, answering your query. AI is available in, into that very same setting. That is the way it’s serving to society at this time. With present infrastructure, this is essential and the very best worth I consider of AI. Leveraging present IoT infrastructure.
AI now is available in and is smart of all these alerts. As a substitute of you and I simply getting a ding each time a door opens, the AI is sensible sufficient to know what’s regular and what’s not regular after which solely alerts on what we name abnormality. Hey, grandma, get off the bed, which is ok. However getting off the bed, shifting into the hallway, after which not showing both on the restroom, the lounge, or the kitchen in a couple of seconds or minutes, it may imply that she could have fallen.
That’s AI. So it’s that knowledge processing and evaluation completed in break up seconds, after which including frequent sense to that in a singular manner, offers you and I the info factors that will be extra helpful to us.
– [Ryan] And the way have you ever seen, I do know you all play a job in on the subject of safety and totally different options associated to safety, which as you’re speaking about this instance, from on the subject of getting old in place options, aged care options. There’s a privateness level that usually will get introduced up once we’re speaking about gathering knowledge after which when AI is coming in how that’s additionally going to have an effect on privateness and safety issues. How have you ever all out of your perspective seen organizations finest deal with and stability that safety and privateness issues with AI, bringing in AI and IoT applied sciences into their enterprise to nonetheless be to have the answer be priceless and the info be helpful, however the those that there could also be , monitoring, gathering knowledge from should not prone to being uncovered on a private stage or guaranteeing you’re adhering to these privateness necessary issues.
– [David] Yeah. The privateness concern, particularly for a video surveillance startup firm twenty years in the past, it’s nothing new to us. That’s one of many greatest issues and conversations I’ve had is all through the years is privateness. However provided that, the expertise that I’ve additionally engaged with our finish customers, each, from all walks of industries, from personal enterprise house owners to enterprise and even authorities businesses and municipalities. Although we’re all eager and conscious that there’s a public concern of privateness, as a practitioner, we, the fact is the info that’s being consumed or the info that’s being so known as collected is already flowing in a lot of the environments that we exist in, Ryan. We’re not going on the market punching a gap, tapping anyone, or doing something. It’s about making sense of the info that at present already surrounds all of us.
Instance. All of us take with no consideration that the shops we stroll in, Walmart, all the things like that’s by alternative, timing, location, all of that’s thought-about knowledge collected by the group and the way they use it inside that’s to enhance security, effectivity, operational effectiveness, and naturally, elevated income.
No hurt to anyone. However once you discuss video and seeing folks’s faces and what they’re doing in public areas, once more, there’s all the time two sides to each story however taking precautions, I’ve discovered from our companions on the market within the subject is is frankly the info that’s flowing in now with the assist of AI is definitely safer.
And I’m going to attempt to add some colour to that. Prior to now, it might take a human. It all the time, the human is all the time the troublemaker right here, proper? Not the know-how. I’ll converse to that. It all the time concerned a human doing one thing foul. It’s an emotional determination to take motion, good, unhealthy, or ugly. I consider that with the assist and advantage of AI, the AI is being requested to do a really particular process.
And when that process says, alert me when a harmful abnormality arises. So many automobiles piled up and caught in a single spot, that’s an abnormality. Somebody holding one thing, a weapon, that’s an abnormality. Frankly, that’s the solely time that the human at this time will even take note of that piece of knowledge.
What we, the misperception is that there’s, we’re all involved about our privateness and what we’re doing as we’re roaming across the streets. The truth is all of the group that I’ve engaged previously twenty years do not need sufficient time nor useful resource to care about us, Ryan. All of us suppose we’re so particular and necessary.
Nobody has sufficient time to be nosy. However then to be nosy, it’s the human. So that is actually superior that AI can now assist the monitoring of essential conditions for security, effectivity, and we are able to depend on that now greater than we are able to a human. I do know that’s going to be an issue, however that’s actuality that I’m seeing on the market.
I’m a complete know-how proponent.
– [Ryan] And let me ask you. In order we get away away from simply safety aspect of issues on the subject of privateness, we additionally been seeing clearly elevated adoption in communities and cities the place folks dwell, proper? And new applied sciences are being applied to offer higher experiences to municipalities, to the residents of sure communities in these good cities.
The place are, out of your perspective and the work that you just all do, the place are we proper now with good metropolis adoption but in addition training for many who are interacting with these new options, whether or not it’s the consumer or the residents and residents of those communities, understanding their worth, understanding what they do, why they’re there, and the way it’s hopefully offering a profit.
– [David] That’s a giant query. I’m gonna attempt to encapsulate it right here. Good metropolis adoption, I must say good metropolis consciousness is selecting up dramatically. Adoption continues to be at a not so favorable tempo proper now, for my part, and there’s nothing flawed with that. And what which means is, you requested about training.
That’s crucial. Educating the stakeholders and practitioners. I believe that’s ramping up. The builders, the events which can be deploying the know-how and the functions, I believe that, there, that group is now extra conscious. Extra conscious implies that they lastly at this time perceive the know-how that’s concerned and the functions that do happen with a view to formulate a priceless finish results of some sort.
Now I’m encapsulating lots, however the place this goes is that this. We are saying good metropolis. To ensure that a metropolis to be good, all of its section of present infrastructure, the roads, the gasoline traces, the facility traces, the water traces, all the things that we see from road lights, air conditioners in our buildings, automated doorways that open at Disneyland, and many others.
Are you aware all of that’s sensor accessible? IoT. All interconnected. As soon as they’re actually interconnected, once more, it’s nothing new for we, the residents. It’s already there. It’s in existence. The profit now is a brilliant metropolis turns into good when it might collect all of this knowledge that’s already flying amongst us.
I’m gonna come again to that story. Sensors are already submitting data someplace. It’s finest that if a metropolis is receiving this data and knowledge, that they’ve some technique of group or else it might be ineffective to you and I as residents of town. Some concern that if a metropolis has all this data, they’ll know all our motion.
No, they don’t care about who you and I are. What we’re caring about is the group at giant, the entire. So as soon as now we have temperature, as soon as now we have climate, now we have visitors situations, the place it piles up, the place it’s gentle, we as drivers and as residents, we sit in visitors and go, Oh my God, why are they doing building now?
Can’t they do it at night time? Man, why don’t they broaden this? All of the issues that we complain about, a sensible metropolis actually is designed to cut back these varieties of burdens on us if we give it an opportunity. So the place I see good metropolis evolve, I’ve been out of nation in Southeast Asia, Center East, Africa, and you realize what, the international international locations, creating international locations I see, are adopting good metropolis at a way more fast tempo than we the developed nations.
Why is that? It’s an obligation. Site visitors sucks, infrastructure sucks, they can’t construct new. Nobody can construct new. So you must make the most of present infrastructure and get, and, you realize, the previous adage, work smarter, not tougher. So these international locations are obligated to work smarter with a view to fulfill the providers that’s required by the residents to do extra and be extra secure.
Adoption right here within the States, it’s sluggish. It’s sluggish. However, I believe consciousness is very elevated and due to that consciousness is the place we’re getting the query of oh my gosh, privateness points.
– [Ryan] There’s all the time going to be a gaggle that has a difficulty with change. Every municipality is so totally different on the subject of funds resistance to new know-how adoption. So it’s powerful, I believe for us to see the or I suppose it makes, I perceive why adoption has been slower than I believe we wished it to be on the subject of good metropolis options.
Nevertheless it’s necessary for folks to know that these are oftentimes constructed with the perfect intentions in thoughts to make the expertise higher, to gather knowledge with out having to hassle the residents of the group, and have sufficient, have entry to the info that they will make choices extra shortly to once more enhance that have for the people who find themselves dwelling day after day.
So it’s been a subject that’s come up since I joined the IoT world, simply seeing the evolution of good cities, sure, I really feel prefer it has not grown as shortly as some anticipated, however the very, I’m nonetheless very optimistic on what will be completed and what this will do for the standard of life in numerous communities.
– [David] High quality of life is the most important promoting level, proper? And the most important advertising and marketing phrases that we hear and however on the again finish, somebody that’s working to really deploy this know-how, once more, I converse with you solely from the expertise that I’ve, the place the business’s going, the place the conceptual ideas are going is one factor, however I’m working with cities proper now, Ryan, which can be leveraging present infrastructure.
And I’m going to say that lots. There’s electrical energy is required for lots of issues to energy our buildings, however think about this. Within the streets, there’s one thing known as streetlights. Streetlights are already present infrastructure with energy provide to it. You understand how great IoT and AI performs to, into present infrastructure now?
The creating international locations leveraging the place they work so onerous to get a pole up and electrical traces to can now add on to that present pole sensors. And what will we, what are these sensors? Sensors not solely to make their lights extra environment friendly, activate and off solely when mandatory. In order that’s energy effectivity.
However past that, you’ve climate stations that may be added to that. And now, in fact, cameras that may be added to that. Behind all these IoT sensors and video methods, the system now will assist residents. That present infrastructure has simply elevated higher visitors stream, data and administration.
It simply elevated public security by having the general public perceive that these cameras listed below are defending you day and night time and officers have entry to them somewhat than strolling off in a boondock someplace. That little instance of how a sensible metropolis deployment or implementation can nearly instantly improve the lives of the native present residents, not simply normal ideas.
So I’m a giant proponent for that. I’ve seen it. After which there are cities that have a number of flooding in main climate that we don’t expertise right here too usually. It’s that sensor. It’s that very same good metropolis sensors that may now detect abnormalities that say, hey, this road is, will likely be flooded in X quantity of hours.
That is the place know-how comes into play that has a really direct impression to the advantages of the citizen. In order that’s why you need a good metropolis. And for the little issues I simply described to you, there’s a lot extra.
– [Ryan] Your level in regards to the lighting fixtures within the present infrastructure has been one thing that has positively come up earlier than and never only for totally different sensors, but in addition for gateways to broaden protection and to, I do know we talked to folks within the LoRa world they usually discuss totally different, having the ability to deploy LoRa gateways and connectivity to a city, to a metropolis, and utilizing these lighting fixtures as locations to broaden protection.
So it’s an excellent concept to make the most of that present infrastructure to do precisely what you’re saying, which is to permit a number of options to be deployed, to gather extra knowledge, to do issues which can be higher for everybody concerned. It’s a really attention-grabbing house to observe, to proceed to see new cities undertake totally different applied sciences …
– [David] You introduced up an excellent level, sure. Immediate enhancement of communication and web entry, proper? Simply including on to the wi-fi topography with out counting on the mobile sign that will not attain all of the world communities. In order that’s one other nice fast profit as properly. You’re proper.
– [Ryan] David, I actually respect you taking the time to do that, this dialog, you shed some gentle on some crucial subjects and had nice insights to share with our viewers. The very last thing I wish to ask you earlier than I allow you to go is for our viewers who desires to study extra about what you all have occurring, possibly observe up on this dialogue, chat additional, what’s one of the simplest ways they will try this?
– [David] I believe the simplest manner is to go to iveda.com, i v e d a dot com. And so far as utility to study extra, I counsel not simply going to the web site and historically merchandise, that our viewers seems at a few of our press bulletins inside our web site as a result of inside these announcement will present the true world perspective and functions and work being completed, leveraging IoT and AI.
So there’s, I invite everyone to do go to and take a look at these.
– [Ryan] Improbable. David, thanks once more a lot for taking the time. Actually respect it and excited to get this out to our viewers.
– [David] Thanks, Ryan, for having me, man. It was enjoyable.
