While data have always been an important business input, recent advances in AI and analytics are increasing the number of arenas in which decision-makers can activate data’s superpowers, from hiring to product development to customer engagement.
“Artificial intelligence is spreading across every industry. With new developments making headlines every day, it can be tough to sort out the essential news from the hype. Our analysts cut through the noise to identify 25 of the top AI trends to watch this year.”
via CB Insights
The past three years have seen “massive growth — 15 times, 20 times growth” in data science-based jobs in sectors like education, marketing and manufacturing. There’s a widening gulf between the needs of organizations and the abilities of job candidates to fulfill those needs.
Augmented analytics, continuous intelligence and explainable artificial intelligence (AI) are among the top trends in big data and analytics that have significant disruptive potential over the next three to five years, according to the latest worldwide market study by Gartner.
“The decentralized-record-keeping technology, which is designed to instill trust in the authenticity of digital transactions, could be used to create efficient solutions for both commercial and residential real estate — from buying property to conducting due diligence to enabling crowd-sourced investments, and more.”
via CB Insights
Worldwide ICT spending on hardware, software, services and telecommunications will reach $4.6 trillion by 2022, representing average growth of 4 percent per year. Commercial customers will represent around 63.5 percent of total spending by 2022 ($2.9 trillion), while consumers will account for 36.5 percent ($1.7 trillion), according to IDC.