Analysis on Determining Factors for companies to Adopt IoT and AI Technologies

IoT and AI technologies are gradually being adopted by more and more companies due to its advantages of intelligence and automation, and is a must in the process of Industry 4.0. However, any technological investment is accompanied by risks and challenges. When increasing investment in IoT or AI technology, it is also necessary to increase investment in manpower to jointly improve the results of technological innovation. Considering the factors of production efficiency, production safety, and enterprise scale, this paper introduces a method for general enterprises to maximize the benefits of their investment in both IoT technology and manpower. It also suggests the implementation steps for general enterprises when investing in IoT or AI technologies.