Tag Archive | machine learning

Cognitive Systems Global Market Opportunity in Banking

cognitive systems market research

“Cognitive systems with high-definition technology can help in determining the world’s most composite data analysis difficulties by entering into the complexity of exploiting the power of big data, machine learning, natural language processing, and automated reasoning technology.”

Source: FMI

Creating a Magna Carta for the Global AI Economy

cognitive systems market research

“We stand at a watershed moment for society’s vast, unknown digital future. A powerful technology, artificial intelligence (AI), has emerged from its own ashes, thanks largely to advances in neural networks modeled loosely on the human brain.”

Source: World Economic Forum

Cognitive Systems Revenue Will Reach a 14.6 Percent CAGR

cognitive systems market research

The global cognitive systems market will witness a massive hike in revenues, reaching $21.46 billion by the end of 2026. Over the 10-year assessment period, the global cognitive systems market will expand at a compound annual growth rate (CAGR) of 14.6 percent.

Source: BriefingWire

Exploring the New Dynamics of Financial Services Globalization

Financial globalization is arguably healthier than it was, but banks and regulators must remain vigilant and continue to adapt. In the future digital platforms, blockchain and machine learning may transform financial markets and create new channels for cross-border capital flows.

Source: McKinsey & Company

Upside for Artificial Intelligence Investment in China

China AI market research

Revenues generated by Artificial Intelligence (AI) related businesses and technology in China will total RMB13.24 billion ($1.99 billion) this year and climb to RMB20.0 billion ($3.01 billion) in 2018.

Source: eMarketer

Cognitive System Users will Reach One Million by 2022

cognitive systems market research

ABI Research predicts the number of businesses adopting artificial intelligence (AI) technologies worldwide will grow significantly, up from 7,000 this year to nearly 900,000 in 2022 — that’s a CAGR of 162 percent.

Source: Digital Lifescapes

IoT Apps Integrated with Machine Learning and Blockchain

internet of things IoT market research

Internet of Things (IoT) market growth will accelerate in 2017, with the adoption of narrowband IoT (NB-IoT), according the the latest worldwide market study by Frost & Sullivan. This cellular technology uses licensed spectrum and offers a standardized low-power, wide-area network (LPWAN) solution.

Source: Digital Lifescapes