Artificial Intelligence is the Catalyst of the Internet of Things

Businesses across the world are rapidly leveraging the Internet-of-Things (IoT) 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 realize the full potential of IoT enablement, they need to combine IoT with rapidly-advancing Artificial Intelligence (AI) technologies, which enable'smart machines' to simulate intelligent behavior and make well-informed decisions with little or no human intervention. Artificial Intelligence (AI) and the Internet of Things (IoT) are terms that project futuristic, sci-fi, imagery; both have been identified as drivers of business disruption in 2017.