Artificial intelligence (AI) and the Internet of Things (IoT) are two of the most disruptive technologies of our time in their ability to sense, detect, listen, predict, and ultimately help people. Together, they form a powerful synergy that can transform industries, improve efficiency, and create new value for businesses and consumers.
AI is the ability of machines to perform tasks that normally require human intelligence, such as reasoning, learning, and decision-making. IoT is the network of physical objects embedded with sensors, software, and connectivity that enable them to collect and exchange data with other devices and systems.
The convergence of AI and IoT is attracting significant investment. A report by IDC predicts that global spending on AI and IoT will reach $1.1 trillion this year. The integration of AI and IoT is poised to transform operation and information technology and in turn, processes, procedures, and software-driven processes and platforms.
Read more here.
IndustryWeek is the only media brand dedicated to championing the people and companies that are making the U.S. manufacturing sector a global leader. We are the essential information source for the decision-makers and disruptors driving manufacturing’s latest transformation, the 4th Industrial Revolution, with a core focus on how companies develop and deploy talent and technology to achieve transformational leadership practices, revolutionary business models, state-of-the-art production systems, and next-generation products made possible by the convergence of maturing technologies. IW identifies the stunning new technologies and talent best practices that are reshaping manufacturing businesses and the growth opportunities they present by profiling the companies and executives who are leading the technology advancements.
