Top Internet of Things Daily & Weekly

AI and Internet of Things will drive digital transformation through 2020

#AI and the #IoT will drive #DigitalTransformation through 2020  via @ZDNet

  • Businesses are investing heavily in the Internet of Things (IoT) while remaining cautious about investments in artificial intelligence (AI), reveals the Constellation Research 2017 Digital Transformation Study.
  • Nearly half of respondents of the Constellation 2017 Digital Transformation Survey said their organization either had an established IoT strategy with applications in production (19 percent) or have pilot projects underway (28 percent).
  • Constellation Research – Digital Transformation in the era of AI Growing demand for the IoT and AI is expected to drive large investment in SaaS/cloud and big data technology.
  • Constellation polled respondents on their organizations’ awareness and adoption of the Internet of Things (IoT), artificial intelligence (AI), synchronous ledger technology (blockchain), big data, and cloud technology.Highlights from the Study Charging ahead with IoT: Nearly half of respondents say their organization either had an established IoT strategy with applications in…
  • Appetite for cloud and big data grow to support digital transformation: 75 percent of respondents will increase investment in big data.

Research study reveals IoT, AI and synchronous ledger tech (blockchain) priorities.

Businesses are investing heavily in the Internet of Things (IoT) while remaining cautious about investments in artificial intelligence (AI), reveals the Constellation Research 2017 Digital Transformation Study. However, Constellation expects AI to emerge in 2018 as the predominant area of technological experimentation due to the increasing availability of AI development kits and frameworks.

Nearly half of respondents of the Constellation 2017 Digital Transformation Survey said their organization either had an established IoT strategy with applications in production (19 percent) or have pilot projects underway (28 percent). In contrast, just 25 percent of executives said they were investing in AI.

Constellation Research Digital Transformation in the era of AI

Growing demand for the IoT and AI is expected to drive large investment in SaaS/cloud and big data technology. Seventy-five percent of respondents said their organization was increasing investment in big data technologies. A full 77 percent of respondents said their organizations would increase investment in SaaS/cloud over the next 12 months, with 45 percent of that total saying the investment would be significantly greater.

Constellation Research Digital business models that hinge on AI and IoT such as “as-a-service” and “mass personalization at scale” require large amounts of data and computing power to execute. In addition, the connections for IoT are in the cloud and AI processing will increasingly rely on cloud-based services. These trends will…

AI and Internet of Things will drive digital transformation through 2020