Applying AI to the Enterprise with IoT: Case Studies, Challenges, Benefits and Need for New Frameworks
In the past year, firms such as Caterpillar and Tesla have adopted “Live Factories” to collect information from all the machines in a single facility and quickly adjust them to reduce down-time and disruptions. This talk examines whether adding AI to an IoT architecture provides substantial economic benefits. Tech-oriented enterprises have managed supply chains and dealer networks better with IoT. The question we address here is whether the addition of AI promotes larger gains. We will build this talk on previous case studies on firms such as Boeing, Rolls-Royce and John Deere. We will also explore how much enterprises gain by adding AI to IoT deployments. The talk will also explore whether the gains from using “intelligent machines” is correlated with the magnitude of effort enterprises have made to improve their digital skills and work forces.
Robert B. Cohen
Senior Fellow at Economic Strategy Institute
Robert Cohen spoke at several previous IoT Slams and is a frequent speaker at Cloud Expo and other conferences. He directs the Economic Strategy Institute’s project on the economic impact of the move to a digital economy that is focusing on IoT, AI, and ML. The project has won a Cisco university grant as well as support from the Ewing Marion Kauffman Foundation, the Berggruen Foundation, Brocade and the OECD. Dr. Cohen has served on the Steering Committee of the Global Grid Forum and has written extensively on enterprise use of IoT. Firms such as Intel, IBM, Corning, Sun, and Juniper Networks have funded his work. Dr. Cohen founded the New York part of the academic Internet, NYSERNet, and is a founding member of the Internet Society. He holds a BA from Swarthmore College and a PhD from the New School for Social Research.
End-User, Government, Enterprise, Small / Medium Enterprise
IoT, AI, ML, economic benefits, challenges of AI
CxO, VP / Director, Middle Management, Technical, Business Line Management, Operations
Retail, Manufacturing, Banking, Financial Services, Insurance, Industrials, Healthcare, Consumer, Automotive
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