Artificial Intelligence (AI)
facilitates the efficient and effective supply of information to enterprises
for optimized business decision-making. Major IT and software vendor
companies are investing billions to generate revenue from AI based commercial
solutions in various areas including robotics, machine translators, chat bots,
voice recognizers, business intelligence systems, mobility control systems,
intelligent search, and more.
To
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The AI based solution market is
valued at US$ 900 million globally by year end 2013 and is expected to grow
exponentially over the next five years. Some of the biggest opportunity
areas are commercial applications, search in the Big Data environment, and
mobility control for generation of actionable business intelligence. The
entire mobile/wireless ecosystem is well-positioned for AI via the growing
adoption and expanded usage of consumer and enterprise electronics devices
including smartphone, tablet, portable devices and wearable technologies.
This research evaluates the market
for AI solutions within commercial applications, business intelligence, search
analytics in mobility environment, and more. This report analyzes the
potential for enterprises to improve performance through AI, development of AI
solution in cloud environment, and AI for Big Data control. The report also
includes vendor analysis and market predictions.
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