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C3 IoT CEO Thomas Siebel addresses enterprise-scale AI with CNBC and Breyer Capital. (Photo: Business Wire)
CNBC anchor Jon Fortt hosted a fireside chat with Siebel and Jim Breyer, founder and CEO of Breyer Capital. Siebel described how AI and the Internet of Things (IoT) are driving a new class of enterprise software applications that change everything about the way products are designed, delivered, and manufactured and business processes are managed. Siebel highlighted that CEOs around the world are demanding digital transformation across industry sectors, including manufacturing, automotive, aerospace, energy, healthcare, travel, and transportation. He concluded that enterprises that fail to transform may cease to exist.
Citing the McKinsey Global Institute, Siebel explained how AI and IoT are restructuring the economy 100 times faster than the industrial revolution with 30 times more change. “That’s 3000 times greater impact!” Siebel continued.
Additionally, Fortt hosted Siebel on “Squawk Alley,” CNBC’s technology news show featuring prominent players at the intersection of Wall Street and Silicon Valley. Siebel said the sensoring of all business value chains brings cost efficiencies, higher levels of customer service, and better run businesses.
About C3 IoT
C3 IoT is the world’s leading AI and IoT software platform for digital transformation. C3 IoT delivers a comprehensive platform as a service (PaaS) for the rapid design, development, and deployment of the largest-scale big data, predictive analytics, AI, and IoT applications for any business value chain. C3 IoT also provides a family of configurable and extensible SaaS products developed with and operating on its PaaS, including predictive maintenance, fraud detection, sensor network health, supply chain optimization, investment planning, and customer engagement. More information is at https://c3iot.com.
Kim Dion, 650-503-2200
Corporate Public Relations