The network of things communicating not only with people, but communicating with each other generate a vast number of data called Big Data. Internet of Things (IoT) will open huge data streams of real-time action and response. Artificial Intelligence (AI) will help companies tap archival as well as fresh data insights for real-time, rapid-response decisions. The author shows the evolution of Knowledge Management in the organization at the beginning. In the next part, the author presents SMAC, IoT and AI technologies as a background of an intelligent organization. All considerations lead to presentation of modern business models built on a synergy between AI and IoT.