Manuel Nau for IoT Business News:  Oracle is taking the Internet of Things to a new level with the announcement that its IoT cloud service will now incorporate artificial intelligence and machine learning to provide clients with better business data insights than ever. Oracle’s upgrade will include digital twin and digital thread capability, providing companies with an integrated analytical perspective on their entire supply chain. Companies will also be able to develop their own IoT field apps, which can then be integrated into a central analytics platform to provide real-time insights into business processes. As part of this update, Oracle is also introducing services that will empower IoT smart connected factories, fleet management and remote monitoring and repair.

Oracle’s move reflects its interest in capturing the B2B segment of the growing machine learning market. The machine learning as a service market was worth nearly $1 billion in 2016, which will grow to $16.4 billion by 2024, reflecting an annual compound growth rate of 43.7 percent. Fueling this growth are pioneering innovations in machine learning that make it increasingly invaluable to use of the Internet of Things. Here’s a look at three areas where machine learning innovations are transforming the IoT.  Full Article: