Why AI is essential to success in Industrial IoT

One lucrative new market that can be accessed through more innovative use of software is Industrial IoT (IIoT). For example, Statista recently found discrete manufacturing, transportation/ logistics, and utilities industries are projected to spend $40 billion each on IoT platforms, systems, and services by 2020. There are many software technologies that promise to revolutionize networks, including network slicing, ONAP and software-based architecture. However, it is that AI offers a transformative opportunity through its ability to industrialise large scale pattern recognition and automate complex processes. AI-augmented core and Radio Access Networks (RANs), for example, are set to offer carriers an unprecedented level of control and flexibility to develop higher performance services, providing a clear route to access mission critical applications such as IIoT, automotive and healthcare.