As the world transforms, discovering the power of artificial intelligence for businesses will be the new normal, not a choice. The convergence of big data and cloud fueled by artificial intelligence (AI) and machine learning (ML) will be the next game changer and will create multi-trillion dollar opportunities. We are standing in middle of the single largest technology wave that is going to transform every human and business on this planet.

SwissCognitiveAs the world transforms, discovering the power of artificial intelligence for businesses will be the new normal, not a choice. The convergence of big data and cloud fueled by artificial intelligence (AI) and machine learning (ML) will be the next game changer and will create multi-trillion dollar opportunities. We are standing in middle of the single largest technology wave that is going to transform every human and business on this planet.

The next industrial revolution

After the industrial revolution, which happened 200 years ago, AI is a massive technological revolution the world will see. Data is the next natural resource, just like air and water. AI has been there for decades but unprecedented explosion in data and availability of high capacity computing resources has fueled AI to become a reality today. AI and ML will define industries, both new and old, transforming data into a valuable knowledge asset and as a catalyst for disruption.

Constellation Research has estimated that the AI market will surpass USD 40 billion by 2020 and USD 100 billion by 2025. The numbers depict the way businesses are shifting their focus to AI and targeting incremental growth with the adoption of AI services and solutions in their business operations. “There will be businesses with resources to implement AI solutions and use AI to get to decisions, and there will be businesses still standing in the ‘have-not’ space.” The convergence of big data and cloud with AI and ML is changing the landscape of information at our disposal with its applicability to every sector and business. Time has changed as the computing resources available today are exceptional. With access to technologies like AWS, Microsoft Azure, computing power is no longer a constraint and better availability of high bandwidth has changed the way how businesses are connecting with people. […]