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The Internet of Things refers to objects that communicate with each other. Central heating, fridges, toasters and dog collars are being connected through the IoT. What is its impact on business and how many businesses are enhancing the use of IoT? This blog will give you all the information you need to know about AI and IoT in business.

For the majority of people calling insurance companies isn’t the most favoured activity. The insurance industry is one of the least innovative areas for customer experience. This is changing however and artificial intelligence (AI) is now playing a great role in this change. AI technology has the potential to disrupt the insurance industry and revolutionise consumer experience.

Blockchain can provide transparency, decentralization, efficiency, security, and other benefits, revolutionizing multiple industries….

In 2016, the finance and insurance sector contributed £124.2 billion to the UK economy in gross value added. This sector therefore makes up a significant proportion of the UK economy, and it for this reason this sector was included in the survey. The survey aimed to determine what the current use of the cloud is within this industry and additionally what individuals from this sector view as the greatest challenges to their IT plans over the next few years.

Sir Arthur C. Clarke said that: “any sufficiently advanced technology is equivalent to magic”. Well, I thought that transferring money from a country to another without paying any fees could only happen in a magical world, but since I have started travelling around the world of technology on my journey with Serviceteam IT, I would totally agree with Arthur.