How AI and IoT Are Transforming the Future of the Corporate World

Tight deadlines, fierce competition, and demanding customers are putting an increasing amount of pressure on organizations to improve the quality of their output and optimize the speed at which they deliver it. Emerging technologies such as the internet of things (IoT), artificial intelligence (AI), augmented reality (AR) & virtual reality (VR), big data, and blockchain have helped organizations get better by presenting them with the opportunity to disrupt virtually every business process. IoT solutions and AI solutions are both are unique and carry the potential to digitally transform an enterprise. In fact, it is projected that companies could invest up to $15 trillion in IoT by 2025. Some believe that the Internet of Things offers a potential economic impact of $4 trillion to $11 trillion per year by 2025.