Humans and AI Work in Tandem

From business applications to IT support, AI (Artificial Intelligence) has an impact on all kind of industry vertical, significantly. That’s why; the artificial intelligence market is expected to reach USD 190.61 Billion by 2025 from USD 21.46 Billion in 2018, at a CAGR of 36.62 percent during the forecast period. Basically, the artificial intelligence market growth is mainly driven by factors such as the increasing adoption of cloud-based applications and services, growing big data, and increasing demand for intelligent virtual assistants. Even according to Deloitte, in 2019, among companies using AI, 70 percent will obtain AI capabilities through the cloud. Cloud-based AI software and services will make it easier for companies to benefit from AI, accelerating their adoption and spreading their benefits. 65 percent will create AI applications using cloud-based development services. And by 2020, the penetration rate of enterprise software with AI built in, and cloud-based AI development services, will reach an estimated 87 and 83 percent respectively.

10 Most Recommended Artificial Intelligence Solution Providers - 2019

From business applications to IT support, AI (Artificial Intelligence) has an impact on all kind of industry vertical, significantly. That’s why; the artificial intelligence market is expected to reach USD 190.61 Billion by 2025 from USD 21.46 Billion in 2018, at a CAGR of 36.62 percent during the forecast period. Basically, the artificial intelligence market growth is mainly driven by factors such as the increasing adoption of cloud-based applications and services, growing big data, and increasing demand for intelligent virtual assistants. Even according to Deloitte, in 2019, among companies using AI, 70 percent will obtain AI capabilities through the cloud. Cloud-based AI software and services will make it easier for companies to benefit from AI, accelerating their adoption and spreading their benefits. 65 percent will create AI applications using cloud-based development services. And by 2020, the penetration rate of enterprise software with AI built in, and cloud-based AI development services, will reach an estimated 87 and 83 percent respectively. Moreover, worldwide spending on artificial intelligence (AI) systems is predicted to hit USD 35.8 billion in 2019, according to IDC. This increased spending is no surprise with digital transformation initiatives critical for business survival; companies are making large investments in advanced technologies. However, nearly eight out of 10 organizations engaged in AI and machine learning said that projects have stalled, according to a Dimensional Research report. The majority (96 percent) of these organizations said they have run into problems with data quality, data labeling necessary to train AI, and building model confidence. While artificial intelligence platforms are pioneering technology, most people cannot identify the different types of artificial intelligence and the variety of ways they can be deployed to improve business processes. Therefore, we present to you a list of 10 Most Recommended Artificial Intelligence Solution Providers - 2019. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXOs, analysts and CIO Insider editorial board, we believe that these vendors will automate tasks, improve sales and marketing analysis, and even solve complex health problems.