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5 Artificial Intelligence Trends of 2018
Artificial Intelligence (AI) has become a vital component of business operations in almost every industry. Let’s take a look at five AI trends that have led this evolution in 2018.
The market for prescriptive analytics is expected to grow by 31.62 CAGR between 2017-2023, making 2018 a watershed year. Analytics will move beyond offering insights based on predictive or descriptive models and venture into prescriptive systems answering the questions – “what should be done?” and offer solutions to business problems.
AI will be deployed to execute large-scale automation for high-volume processes such as contract assessments and data entry.
The role of AI is paramount to the future of robotics, and 2018 will see AI playing a big role in 3D view, cloud robotics, and robot training.
PwC reports that in 2018 will see the ‘digital twin’ concept become a more mainstream industrial approach due to advancements in AI.