Together, AI and the IoT are having a bigger-than-expected impact - Help Net Security

A survey of global business leaders reveals the most significant predictor in realizing value from Internet of Things (IoT) initiatives across an organization is the heavy use of artificial intelligence (AI). Ninety percent of survey respondents heavily using AI in their IoT operations reported exceeding value expectations. The research also showed organizations using IoT with AI appear to be more competitive than IoT-only enterprises by a double-digit margin across a variety of business indicators like employee productivity, innovation and operating costs. "In these results, we are seeing that organizations working with IoT data realize that if they want to get the real value out of the data, they need AI and analytics," said Oliver Schabenberger, COO at SAS. "I think it is fair to say that most successful IoT operations are actually AIoT operations." AIoT is defined as decision making aided by AI technologies in conjunction with connected IoT sensor, system or product data.