The value of data is increasing, and that value is stimulating the Internet of Things (IoT) Advanced Analytics Market, with the emergence of accessible out-of-the-box and off-the-shelf machine learning (ML) and artificial intelligence (AI) solutions.
In the Philippines, 100 percent of banks said they will continue to invest in compliance in the year ahead and 41 percent plan to significantly increase this investment in 2021.
Worldwide spending on artificial intelligence (AI) is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024.
While this year’s growth is somewhat slower than previous years due to the economic impact of Covid-19, research firm IDC said investment in AI will recover quickly.
IBM Watson Assistant, a conversational AI solution designed and trained to understand natural language and interact with users to provide responses to Covid-19 questions, has been deployed on the interactive dashboard of UN SDSN Youth Philippines.
There’s no silver bullet for business disruption. However, the scenario modelling and AI can help organizations weather the storm.
With the “new normal” reinforcing the need for companies to adopt digital strategies, cloud computing giant Amazon Web Services (AWS) has emphasized the important role of artificial intelligence (AI) and machine learning (ML) in the post-pandemic world.
Covid-19 is expected to spur the digital transformation of the healthcare and pharmaceutical sector.