Rolls-Royce uses IoT to monitor aircraft engine performance in real-time, allowing predictive maintenance and minimizing downtime.
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Key Technologies Driving Digital Transformation
1. Artificial Intelligence (AI)
AI enables businesses to predict trends, automate customer service through chatbots, and improve decision-making.
2. Big Data and Analytics
By analyzing large datasets, companies can uncover consumer insights, improve product development, and customize services.
3. Cloud Computing
Cloud platforms provide scalable infrastructure and storage, enabling collaboration and remote access to data.
4. Internet of Things (IoT)
IoT devices gather real-time data that enhances efficiency, particularly in manufacturing and logistics.
5. Blockchain