IoT needs AI to realise enterprise potential, study finds - Verdict

Companies are increasingly embracing the internet of things (IoT), but IoT initiatives on their own are falling short when compared to those that pair the technology with artificial intelligence (AI). This is according to a survey conducted at the IoT Solutions World Congress by SAS, Deliotte and Intel, which found that pairing the two technologies is yielding significantly improved benefits for businesses over IoT alone. In the survey of business leaders, 92% of those involved in IoT projects said that involving AI had resulted in benefits above expectations. When it comes to using the technology for daily planning, only 12% of organisations found IoT on its own to be beneficial, but when adding AI this number increased to 31%. This improvement was also found when applying the technology to operational speeds. For a third, combining the technologies was done primarily to increase revenues.