Artificial Intelligence Market by Technology, and Industry Vertical – Global Opportunity Analysis and Industry Forecast, 2018-2025, the global Artificial Intelligence market size is expected to reach $169,411.8 million in 2025, from $4,065 million in 2016 growing at a CAGR of 55.6% from 2018 to 2025. ARTIFICIAL INTELLIGENCE PREDICTIONS FOR THE YEAR 2019 Look to IBM,…
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Hewlett Packard Enterprise Completes BlueData Acquisition
“In the middle of writing a year-end article, one of my points was brought to the forefront by a recent email from Hewlett Packard Enterprise (HPE). In November, the company announced the plan to acquire BlueData, a container-based solution to help deploy and manage artificial intelligence (AI), machine learning (ML) and analytics applications. The announcement…
How AI-powered commerce will change shopping
“Eighty-seven percent of shoppers now begin their hunt in digital channels — up from 71 percent in 2017 During Cyber Week 2018, mobile web traffic made up 70 percent of traffic on average, and accounted for 54 percent of orders placed on Thanksgiving Day Research shows that customers are 9.5X more likely to view AI…
How Banking Jobs and Job Requirements Are Being Affected By Artificial Intelligence
“An Arkansas bank, known a the First National Bank of Wynne, recently reported a 70% reduction in the amount it costs them to convert leads into customers after they adopted a strategy that relied on artificial intelligent chatbots to deal with customers interested in their services. Ceba, an AI-driven chat bot developed by the Commonwealth…
Microsoft Partners With Fintech Startup ZestFinance To Bring Transparency To AI-Powered Financial Models
“Microsoft said Wednesday that it is entering a strategic partnership with financial technology startup ZestFinance to make it easier for its financial services customers to adopt AI and machine learning tools. The answer we get with deep learning might be accurate, but in the case of credit applications, that isn’t enough.” What Zest does is…