Advances in artificial intelligence (AI) over the past couple of years have made the technology an important part of business transformation. Whether in search of efficiencies, savings or simply more advanced ways to deal with increasing quantities of data, businesses from all sectors have begun to seriously consider how they can implement AI to achieve an advantage.
However, AI is not the panacea many would have you believe; as with all technical investments, the success of an AI installation is highly dependent on the way it is selected, implemented and integrated with the rest of the business. AI does deliver incredible ROI for some businesses, but for others, it can result in wasted time and financial losses. Full Article
This year was certainly an interesting one for artificial intelligence and machine learning. The ongoing COVID-19 pandemic put new funding pressures on organizations across all industries, which in some cases reduced AI investment — or at least held it steady.
At the same time, automation and cloud computing became more important for companies that increasingly relied on remote workers. With many people still working remotely as 2020 comes to a close, and some expected to stay remote indefinitely, cybersecurity, cloud computing and edge computing are all factors to watch over the next 12 months. Full Article