Category: Artificial Intelligence and Expert Systems

Press Release Oct 18, 2017
The Machine Learning as a Service in Manufacturing Market is Expected to Reach $626.82 Million by 2023

Increased application of advanced analytics in manufacturing, high volume of structured and unstructured production and shop floor data, integration of machine learning with big data and other AI technologies, rising importance of predictive and preventive maintenance are few factors propelling the market growth.
Press Release May 22, 2017
Artificial Intelligence and Cognitive Systems in BFSI to Reach $21.89 Billion by 2022

Rising demand for data-driven solutions, increasing digital banking trends, fast-changing regulatory & compliance laws, fraud detection, and enhancing customer experience are expected to drive the market growth. The AI technologies such as Machine Learning, Deep Learning, Natural Language Processing, Image and video processing are expected to boost the AI implementation in the BFSI industry.
The Need for Data Management & Automating Repetitive Task Will Drive the AI in Healthcare Market
Press Release May 20, 2017
The Need for Data Management & Automating Repetitive Task Will Drive the AI in Healthcare Market

Increasing cost of healthcare, technological advancement, ageing population, and rising chronic diseases are driving the growth of artificial intelligence in healthcare. The leading technology segment - Natural Language Processing - is expected to grow at a CAGR of 61.6% and reach $487.7 million by 2022.