IDC: Global AI spending may increase to $19.1 billion this year
IDC stated that with the active investment in various industries and using artificial intelligence technology, the expenditure on cognitive and artificial intelligence systems will increase to 52.2 billion U.S. dollars by 2021. The annual growth rate of these expenditures from 2016 to 2021 Will reach 46.2%.
IDC artificial intelligence system research director David Shu Bomei said, 'The interest and awareness of artificial intelligence is in a fanatic phase. Every industry and every organization should evaluate artificial intelligence to see how it will affect their business processes and Market efficiency. IDC estimates that by 2019, 40% of digital conversion projects will use artificial intelligence services; by 2021, 75% of enterprise applications will use artificial intelligence. From predictions, recommendations to automated customer service agents and intelligent process automation, Artificial intelligence is changing the way we interact with computer systems. '