For over a decade, internet of things (IoT) and Artificial Intelligence (AI) technologies are boosting the competitiveness of organizations in sectors like manufacturing, energy, healthcare, and smart cities. IoT technologies enable organizations to interact with the physical world through cyber-physical systems and internet connected objects towards improving the automation and efficiency of their business processes. At the same time, AI technologies like machine learning and industrial robots facilitate organizations to derive insights from large volumes of structured and unstructured datasets, which helps them to optimize business workflows and to improve the quality of their decisions. Also, recent advances in IoT and AI systems ease the process of collecting and processing information from a large variety of distributed data sources, including sensors, automation devices, smart objects and enterprises databases. Moreover, they ensure secure and scalable information management, as well as the execution of advanced analytics based on high-performance AI techniques like deep learning.