AI and Machine Learning to Drive Big Data Revenues

ABI Research: Cyber threats are an ever-present danger to global economies and are projected to surpass the trillion dollar mark in damages within the next year. As a result, the cybersecurity industry is investing heavily in machine learning in hopes of providing a more dynamic deterrent. ABI Research forecasts machine learning in cybersecurity will boost […]

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2017 Predictions for Digital Transformation

IDC has released its 2017 predictions for digital transformation and for CIOs, in addition to its IT industry predictions. Digital transformation is a technology-centric transformation, says IDC, that is profoundly changing business and society. Here is what IDC expects to see in the coming years: By 2021, one third of CEOs and COOs of Fortune […]

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Artificial Intelligence Market to Reach $47 Billion by 2020

IDC: The industries that will invest the most in cognitive/AI systems in 2016 are banking and retail, followed by healthcare and discrete manufacturing. Combined, these four industries will generate more than half of all worldwide cognitive/AI revenues in 2016, with banking and retail each delivering nearly $1.5 billion. Healthcare and discrete manufacturing will deliver the […]

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Internet of Things by the Numbers: Research Updates

IDC presented on August 4 its annual mid-year IoT review webcast, hosted by Vernon Turner, senior vice president and research fellow for IoT and Carrie MacGillivray, vice president of IoT & Mobile. Here are the highlights: An updated Digital Universe estimate of the amount of data created in the world annually (see above) forecast 180 […]

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Forrester and IDC on Consumer Interest in IoT

IDC-IoTAPril2016 Consumer IoT is lagging behind industrial IoT in terms of interest, investments, and successful applications. CB Insights has found that in 2011, the industrial IoT accounted for 17% of all IoT funding dollars. In 2015, the share of industrial IoT investment rose to 40% of all IoT investment. In a recent report citing the […]

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