| Acronym |
Term |
Definition
|
| AI |
Artificial Intelligence |
The ability of a computer system to perform tasks that are usually done by humans because they require human intelligence. Examples include visual perception, speech recognition, decision-making, and translation between languages.
|
| AIoT |
Artificial Intelligence of Things |
The application of AI in IoT use cases.
|
| ARR |
Annual Recurring Revenue |
ARR is annual recurring revenue from subscriptions.
|
| IaaS |
Infrastructure-as-a-Service |
A form of cloud computing that provides virtualized computing resources over the internet (storage, networking, and virtual compute resources).
|
| IIoT |
Industrial Internet of Things |
The application of IoT to industrial use cases.
|
| IoT |
Internet of Things |
A system of internet-connected physical objects that are able to collect and transfer data over a wireless network, providing the basis for digital add-on services.
|
| OEM |
Original Equipment Manufacturer |
An organization that makes devices from component parts bought from other organizations.
|
| PaaS |
Platform-as-a-Service |
Internet-based tools and middleware for building applications.
|
| SaaS |
Software-as-a-Service |
Software-applications provided via the Internet.
|