AI + IoT Whitepaper
Conversational AIoT: The Smarter Alternative for Human to Machine Communications
You keep reading about this trillion-dollar addressable market, but are you ready for it?
Artificial Intelligence (AI) and the Internet of Things (IoT) individually have the potential to deliver tremendous value. Today, industry leaders are beginning to realize the importance of deploying these technologies in conjunction with each other, representing a potential trillion-dollar market opportunity.
For IoT to deliver on its promise, it needs AI to make sense of the data, determine appropriate options, and seamlessly provide that intelligence to the business.
For years now, we’ve been talking about the increasing velocity and unprecedented disruption of this marriage. In bringing these two ascendant technologies together, some companies have raced forward, while others have sat back and watched. Those waiting will become further behind as the benefits for using AI and IoT in conjunction with one another are increasing.
A recent IBM Institute for Business Value Study1 found that IoT had the highest ROI of any of the technologies it examined. According to the study, AI + IoT is a winning equation to deliver results. The benefit goes to early movers who have more time to work with the data, find unique insights, and create new interactions, while the challenge is knowing when to make a move.
That time is now. The means to effectively combine these two technologies exist, today.
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