21 Generative AI Examples and its Applications Across Industries
IDC: $2.6 Billion AI Software Platforms Market, Growing at 26.6%
“The artificial intelligence software platforms market experienced steady growth in 2018, with revenue of $2.6 billion and a growth rate of 26.6%,” says David Schubmehl, research director, Cognitive/Artificial Intelligence Systems, IDC. ” IDC is seeing that in 2018 organizations have been moving from experimentation to production with the use of AI applications within their business processes. The AI software platforms market is seeing growth in providing the tools and capabilities that organizations are using to develop these applications. IDC expects to see this trend to continue, even though open source platforms and technologies are also seeing growth in this market.”