As we embark onto 2017, two new technological shifts will disrupt the market: Internet of Things (IoT) and Artificial Intelligence (AI). With majority of large enterprises investing heavily into these technological shifts, its important to understand how this is going to impact our day-to-day lives, be it work or play.
Say for example you are on your way to a meeting; your car could have access to your calendar and already know the best route to take. If the traffic is heavy your car might send a text to the other party notifying them that you will be late. What if your alarm clock wakes up you at 6 a.m. and then notifies your coffee maker to start brewing coffee for you? What if your office equipment knew when it was running low on supplies automatically re-ordered more? General Electric (NYSE: GE) uses sensors and analytics software in jet engines so that the equipment can communicate about how an engine is being used, and even predict when it needs to be serviced, before it actually breaks. Read More