Tag Archives: IDC

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 … Continue reading

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Data is Eating the World: 163 Trillion Gigabytes Will Be Created in 2025

Source: Data Age 2025

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Big Data Ecosystem and Benefits

IDC: Organizations are achieving a broad range of Big Data–related business outcomes from their work. These can broadly be categorized as delivering value from operational optimization, improved compliance, and innovation. Interestingly, and as illustrated, Big Data outcomes tied to operational … Continue reading

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IDC’s Predictions for Big Data & Analytics, Cloud, Mobile, and Social

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Digital Transformation Surprisingly Focused on Operations

CIO Journal: 40.8% of CIOs responding to a recent IDC survey said that the focus of their digital initiatives is “improving operations” a opposed to 35.5% who cited “new products” and 34.2% that mentioned “new markets.”      

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AI and Machine Learning to Drive Big Data Revenues

ABI Research: Cyber threats are an ever-present danger to global economies and are projected to surpass the trillion dollar mark in damages within the next year. As a result, the cybersecurity industry is investing heavily in machine learning in hopes … Continue reading

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Artificial Intelligence Market to Reach $47 Billion by 2020

IDC: The industries that will invest the most in cognitive/AI systems in 2016 are banking and retail, followed by healthcare and discrete manufacturing. Combined, these four industries will generate more than half of all worldwide cognitive/AI revenues in 2016, with … Continue reading

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