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TECH SUPPLIER Sep 2019 - Market Analysis Perspective - Doc # US45487219

Market Analysis Perspective: Worldwide AI Software Platforms, 2019

By: David SchubmehlResearch Director, Cognitive/Artificial Intelligence Systems, Hayley SutherlandSenior Research Analyst, AI Software Platforms

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Abstract

This IDC Market Analysis Perspective provides insight into the current state and outlook of the rapidly evolving artificial intelligence (AI) software platforms market. As an innovation accelerator market, analysis of artificial intelligence software platforms' current market share, growth, and trends is viewed through the lens of digital transformation occurring on 3rd Platform technologies.

"The AI market continues to grow at a steady rate in 2019, and we expect this momentum to carry forward," said David Schubmehl, research director, AI Software Platforms at IDC. "The use of artificial intelligence and machine learning (ML) is occurring in a wide range of solutions and applications from ERP and manufacturing software to content management, collaboration, and user productivity. Artificial intelligence and machine learning are top of mind for most organizations today, and IDC expects that AI will be the disrupting influence changing entire industries over the next decade. Vendors looking to take advantage of AI, deep learning, and machine learning need to act now to gain the benefits derived from these technologies. IDC is already seeing that organizations that have deep widespread use of these capabilities are leading the pack in terms of revenue, profit, and overall leadership in their respective industries and segments."


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