The rise of the IoT and artificial intelligence in industry [Q&A]

While the consumer IoT has captured the imagination with smart appliances and devices, the industrial Internet of Things (IIoT) is a rapidly growing market. According to Accenture, the IIoT market could add $14.2 trillion to the global economy by 2030. IIoT is also breathing new life into industries that are in great need of digital transformation, such as manufacturing, oil and gas, and more. As a result, artificial intelligence and machine learning are quickly becoming one of the biggest priorities for companies that want to make the most of their operational data to increase outputs using less energy and costs.… [Continue Reading]