“Any technology that is sufficiently general-purpose has opportunities in a crisis. And machine learning is a general-purpose layer of technology that is enabling all sorts of use cases across every industry. In the good times, there is a surge of innovation and new technical development, which we have seen in spades in AI over the past five years.”
via 451 Research
“Decision makers indicated that a business case was the most useful format to get information and content when making a technology purchasing decision. They want insight into how their peers are facing similar challenges and a clear demonstration of business value.”
By accelerating cloud migration and the adoption of RPA, data visualization and advanced analytics solutions, finance is seeking to optimize cost efficiency while driving enterprise growth. Most finance executives expect to see an increase of 5-10% in 2020.
via Hackett Group
“Data has become the world’s most valuable currency. It is being produced at an unprecedented scale and pace. In just one day, roughly 500 million tweets are posted. Around 294 billion emails are sent. Five billion searches are made. Every day, we produce 2.5 quintillion bytes of information.”
“Scope deals have accounted for almost 90% of technology deals so far in 2019, up from only 50% four years earlier — a clear sign that tech companies are looking to expand their lines of business and their own capabilities.”
via Bain & Company