“Advancements in IoT and AI for Real-Time Data Analytics”
- A prominent trend in the Connected Enterprise market is the integration of IoT and AI technologies, enabling real-time data analytics and predictive maintenance, which improve operational efficiency by up to 20% in manufacturing.
- These technologies support smart factories and connected supply chains, with 70% of enterprises adopting IoT platforms for data-driven decision-making by 2024.
- For instance, in July 2023, Verizon launched a cross-border IoT connectivity platform, enabling businesses to expand IoT operations globally using eSIM and roaming capabilities.
- This trend is driving demand for scalable, AI-driven connected enterprise solutions across industries.
