How IoT Data Can Enhance The Banking Industry
| By Steve PollakAny industry that benefits from data aggregated from products and customers is transformed by IoT and banking is riding just such a wave.
Any industry that benefits from data aggregated from products and customers is transformed by IoT and banking is riding just such a wave.
Imagine the cost savings that could come from having a perfect digital copy of an assembly line product – a replica that isn’t just about dimensions and assembly details, but also reflects materials, lifetime maintenance data, and more.
Executives driving AI and machine learning projects will need to pursue several tasks in order to successfully adapt this transformational technology. It’s a tall order but the benefits are immense.