How to Create Business Value From the Marriage of AI and IoT

Artificial intelligence promises a brave new world of computers that can make smart decisions. But to actually do anything, AI needs IoT. You might say that IoT is the body that gives AI’s brain the ability to act. IoT also provides the data AI needs in order to make those smart decisions. In return, some of these insights and decisions can then be acted upon by IoT and end devices such as robots, drones and industrial machines. It is this remarkably synergistic relationship that is generating hundreds of billions—some say trillions—of dollars in value globally over the next five to 10 years. Using industry use case examples from Maersk, Amazon, Siemens and others to demonstrate why IoT is such a powerful partner to AI, Maciej Kranz will examine the four categories of IoT use cases most commonly implemented today, in addition to the more transformative solutions being implemented by organizations to drive real business value. Whether just getting started or already deep into implementation, attendees will also learn how they can begin to leverage the powerful combination of AI and IoT to generate business value in their own organizations.

Maciej Kranz, Vice President, Strategic Innovation, Cisco Systems Maciej Kranz brings 30 years of networking industry experience to his position as Vice President, Corporate Strategic Innovation Group at Cisco. He leads the group focused on incubating new businesses, accelerating internal innovation, and driving co-innovation with customers and partners through a global network of Cisco Innovation Centers. Prior to this role, Kranz was General Manager of the Connected Industries Group at Cisco, a business unit focused on the Internet of Things (IoT). He built a $250M business from the ground up in 18 months and relentlessly evangelized the IoT opportunity across Cisco and the market, making IoT one of Cisco’s major priorities. Previously, Kranz led efforts across Cisco to define, prioritize, and deliver Borderless Network Architecture and roadmaps. He also drove business and product strategy for the wireless and mobility business and led product management for the stackable Ethernet switching business unit through its expansion from $400M to $6B in revenues. Before coming to Cisco, Kranz held various management positions at 3Com Corporation, where he drove a $1B Ethernet network interface cards (NICs) product line. He began his professional career at IBM Corporation. In his New York Times Best Selling book, Building the Internet of Things, and its companion Project Workbook, Kranz offers practical advice to business decision makers on how and why to implement IoT today. He formed a thought-leadership forum and newsletter to exchange industry insights on IoT developments. Kranz is also a faculty member of Singularity University, focusing on IoT and corporate innovations.