In this podcast, Lixar experts discuss the factors that businesses leveraging IoT need to address before they’re ready to implement applied AI solutions. We talk building blocks, business cases, and a few short-term steps that can set you up for success down the road.
IoT and AI are here to stay. The manufacturing industry alone is set to see some of the greatest potential impacts from IoT use— as much as $3.7T per year with the value coming from productivity improvements. 15% of enterprises are using AI as of today, but 31% are expected to add it by 2019. While IoT and AI are still relatively new ideas, 83% of the most aggressive adopters of AI and cognitive technologies have said that their companies have already achieved substantial benefits
Artificial Intelligence is the perfect companion to IoT. The droves of data produced by IoT is optimal to train Machine Learning and AI models. So, what do you have to consider to leverage your IoT and take the first step into the world of AI?