B2B Marketers Prepare for Cognitive Analytics Innovation

As businesses come to terms with tapping into artificial intelligence (AI) to improve operations, one key concern for B2B marketers is how it will be integrated effectively. Are you ready for cognitive analytics innovation?

Source: eMarketer

Insurtech Platform Revenue to Reach $235 Billion in 2021

Fintech platform revenues derived from supporting the insurance industry (Insurtech) will reach almost $235 billion globally by 2021, that’s up by 34 percent y-o-y from an estimated $175 billion this year, according to Juniper Research.

Source: Digital Lifescapes

Machine Learning Drives New Apps in a Data-Driven World

New machine-learning and deep-learning capabilities have an enormous variety of applications that stretch into many sectors of the economy. Systems enabled by machine learning can provide customer service, manage logistics, analyze medical records, or even write news stories.

Source: McKinsey & Company

Why China Leads in Artificial Intelligence Research

According to recent study findings, China has overtaken the United States to become the world leader in deep learning research, a branch of artificial intelligence (AI) inspired by the human brain.

Source: World Economic Forum

Exploring the Four Types of Artificial Intelligence

We need to do more than teach machines to learn. We need to overcome the boundaries that define the four different types of artificial intelligence, the barriers that separate machines from us – and us from them.

Source: World Economic Forum

Cognitive Automation Upside in the Global Banking Sector

The $3.8 billion banking business process outsourcing (BPO) market represents a significant opportunity with a 7-10% CAGR. As traditional sources of labor arbitrage and efficiency fade away, providers look for newer opportunities by aiding in the delivery of more complex processes.

Source: Everest Group

Autonomous Car Installed Base will Reach 71 Million in 2030

The total number of new registrations of Autonomous Cars is forecast to grow at a compound annual growth rate (CAGR) of 62 percent from 0.2 million units in 2020 to reach 24 million units in 2030. The active installed base of autonomous cars is forecast to have reached about 71 million at the end of 2030.

Source: Berg Insight

How Cognitive Computing will Transform Every Industry

It’s forecast that the adoption of cognitive systems and artificial intelligence (AI) technologies across all industries will drive worldwide revenues from nearly $8.0 billion in 2016 to more than $47 billion in 2020.

Source: Digital Lifescapes

Telecom Providers Embrace Cognitive App Development

Mobile internet applications are evolving rapidly. Cognitive computing technologies will inspire telecom service providers to profoundly change their business model in new creative ways. Deploying intelligent voice control apps on smartphones was just the beginning of this trend.

Source: Digital Lifescapes

Cognitive Computing Revenue to Reach $13 Billion by 2019

The Cognitive era is here, and it’s accelerating, across industries. The cognitive computing market is estimated to grow from $2.5 billion in 2014 to more than $13 billion by 2019. Experts predict that by 2018, more that half of all consumers will interact with cognitive technology on a regular basis.

Source: THINK Marketing