Gartner: Global business value from AI will reach $1.2 trillion by the end of 2018
Global business value derived from artificial intelligence (AI) will hit $1.2 trillion (£859.4bn) this year, according to the latest forecast from analyst house Gartner. The total use cases come under three categories, Gartner puts it: customer experience, new revenue, and cost reduction. By 2022, Gartner predicts this overall number will threaten $4 trillion – but […]
Natural language processing market to break $22bn by 2025
The market for natural language processing (NLP) is set to top $22 billion (£17.3bn) by 2025, according to a report from industry analyst firm Tractica. The rise can be attributed to a wider variety of applications for the technology. While NLP is seen by many as a user interface technology today, Tractica argues, there is […]