The Internet of Things (IoT) is a technology helping us to reimagine daily life, but artificial intelligence (AI) is the real driving force behind the IoT’s full potential. From its most basic applications of tracking our fitness levels, to its wide-reaching potential across industries and urban planning, the growing partnership between AI and the IoT means that a smarter future could occur sooner than we think.
If you think about smart-home gadgets at all, you probably think about energy-saving thermostats or lights you control with an app. Most people don’t worry about how they work, let alone how they might work together. Some of tech’s biggest players have established smart-home platforms, so your iPhone can turn off the lights or Alexa can change the thermostat without too much extra setup. But that still means shoppers must check if new products work with the tech they already have at home.
Digital transformation has upended businesses on a global scale, and no industry is immune from its powerful effects. New technologies and enhancing customer experience are key drivers for companies investing in digital transformation, but the most important reason for prioritizing this shift is that it will allow them to leverage entirely new opportunities for growth.