The progress in technologies such as artificial intelligence, internet of things, cloud computing, robotics and intelligent mobility have set the stage for cognitive or sentient tools to emerge onto the global market. These tools are aware of and can learn from their surroundings and users, and mark the next step in the evolution of computational systems, according to the latest worldwide market study by Frost & Sullivan. As smart machines that can communicate and interact with their environment, instead of simply being performers of rote tasks, sentient tools can bring about a sea change in labor-intensive industries. Smart Machines Market Development The sectors that will be most affected by this disruptive technology include travel, transport, defense, manufacturing, medical, construction, agriculture, customer service, finance, communication, and smart cities. "Stakeholders looking to integrate automated technology into their value chain are most likely to invest...
TMT Market Research and Analysis