AI and IoT will literally transform the way we see the world!

• Among the prominent technologies, IoT (Internet of Things) and AI (Artificial intelligence) have the huge impact in any organization. 

• 566 IT professionals surveyed worldwide in October 2016, 80 percent said IoT devices will be useful to their business practices in three to five years, and nearly 60 percent said the same for AI. Over the next five years, 60 percent of companies plan to adopt machine learning and 72 percent plan to deploy business analytics with AI. 

• Approximately, one in six organizations fail in using this facility and around 40% are plan­ning to adopt them. Five years down the lane, 60 percent planning to adopt machine learning, and 72 percent looking to deploy business analytics with AI. 

• Peter Tsai, IT analyst at Spiceworks said “IT professionals are rightly concerned with the practicality of integrating emerging technology in the workplace, particularly when it comes to VR and 3D printing.”

• Results of the adoption of different kinds of AI show that about one in five organizations use intelligent digital assistants for work-related tasks while relatively fewer reported using machine learning (8 percent) or business analytics with AI (8 percent). 

• With IoT and AI, while many organizations understand the potential business benefits, ITprofessionals are more concerned about potential security risks over costs, especially in light of recent Distributed Denial-of-Service (DDoS) attacks originating from vulnerable IoT systems, Tsai said. As with AI, security is the top concern with IoT in the workplace