When #AI meets #IoT

The time when companies must face up to the new digital realities that emerging technologies are not only approaching fast but looking to disrupt in the most legacy of industries. Established enterprises, private-held businesses and a rising number of venture-capital-backed startups across the world are moving rapidly to connect their products and equipment to the Internet of Things (IoT), opening up opportunities to create new business models and transform how they run their operations and engage with customers. However, tapping into the IoT is only part of the story. For companies to realise the full potential of IoT enablement, they need to combine IoT with rapidly-advancing Artificial Intelligence (Machine Learning, Deep Learning) technologies, which enable'smart machines' to simulate intelligent behaviour and make well-informed decisions with little or no human intervention. Over the coming years, these ongoing advances in AI will have profound impacts on jobs, skills and HR strategies in virtually every industry--underlining the fact that companies don't have the luxury of time as they map out their plans for an AI-enabled world.