What if the employees in your organization had access to intelligent automation that augmented their own skills and abilities? What if the routine processes and repetitive tasks could be executed by a trained computing system? Given that scenario, how might your organization improve employee productivity and enhance their job satisfaction? That's the promise of cognitive and artificial intelligence (AI) technology. It's becoming a new reality, as numerous organizations across the globe start to embrace these trained computing systems. Cognitive and AI Market Development Worldwide spending on cognitive and AI systems is forecast to reach $57.6 billion in 2021, according to the latest global market study by International Data Corporation (IDC). With many industries investing in cognitive and AI solutions, spending is expected to achieve a compound annual growth rate (CAGR) of 50.1 percent over the 2016-2021 forecast period. Worldwide spending on cognitive and AI systems
TMT Market Research Summaries and Analysis