AI Has Moved Beyond The Hype

Artificial Intelligence is gaining prominence due to its complex, data-driven applications like voice and image recognition. It offers great investment opportunities, as it can be leveraged with other technologies to overcome the challenges of high data volumes, high computing power, and lack of data storage. In accordance with Markets and Markets, the international research company, the AI market is expected to grow to USD 5 billion by 2020 due to the use of machine learning technologies and natural language processing in advertising, retail, finance, and healthcare. However, Gartner believes 40 percent of all interactions with virtual assistants could be based on data processed by neural networks by 2020. From Markets And Markets data, the volume of the pattern recognition market can reach USD 29.98 billion by the 2020 year with an average CAGR of 19.1 percent. Pattern recognition technology includes the recognition of patterns, optical images, code, objects and digital photographs.

10 Most Recommended Artificial Intelligence Solution Providers - 2018

Artificial Intelligence is gaining prominence due to its complex, data-driven applications like voice and image recognition. It offers great investment opportunities, as it can be leveraged with other technologies to overcome the challenges of high data volumes, high computing power, and lack of data storage. In accordance with Markets and Markets, the international research company, the AI market is expected to grow to USD 5 billion by 2020 due to the use of machine learning technologies and natural language processing in advertising, retail, finance, and healthcare. However, Gartner believes 40 percent of all interactions with virtual assistants could be based on data processed by neural networks by 2020. From Markets And Markets data, the volume of the pattern recognition market can reach USD 29.98 billion by the 2020 year with an average CAGR of 19.1 percent. Pattern recognition technology includes the recognition of patterns, optical images, code, objects and digital photographs. The AI service solutions market is expected to grow at a CAGR of above 60 percent. Prudent improvements in information storage capacity, high computing power, and parallel processing capabilities have enabled the swift uptake of artificial intelligence technology in dynamic end-user verticals. Given the plethora of providers out there in the market, CIO Insider presents a list of “10 Most Recommended Artificial Intelligence Solution Providers”. With a jury consisting of a distinct panel of judges including CEOs, CIOs, CXO, analysts and CIO Insider editorial board, we short listed these solution vendors to assist businesses move forward with operationalizing AI while enabling products and tools to automate, and streamline the machine learning and deep learning life cycle entirely.