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.
