Businesses across the world are rapidly leveraging the Internet-of-Things to create new products and services that are opening up new business opportunities and creating new business models. The resulting transformation is ushering in a new era of how companies run their operations and engage with customers. However, tapping into the IoT is only part of the story.
For companies to realise the full potential of IoT enablement, they need to combine IoT with rapidly-advancing Artificial Intelligence technologies, which enable ‘smart machines’ to simulate intelligent behaviour and make well-informed decisions with little or no human intervention.
This is a very well thought out article that is well worth reading. It has some great diagrams that I think make it easier for you to understand the points he is making.
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