AI: AI is about machines simulating human intelligence.
The machine intelligence arena holds secure growth prospects, attributable to which, the key players are focusing on developing an integrated solution including hardware and software. Furthermore, to expand their customer reach, several vendors have collaborated with distributors and end users for product distribution. The increasing prominence of parallel processing applications is leading to increased adoption of the technology in scientific disciplines such as artificial intelligence and data science. Organizations are utilizing artificial intelligence to extract valuable insights from data for providing innovative products and improving customer experience; thereby, increasing revenue opportunities.
Artificial Intelligence is gaining prominence due to its complex, data-driven applications such as voice and image recognition. It offers a great investment opportunity, as it can be leveraged over other technologies to overcome the challenges of high data volumes, high computing power, and
improvement in data storage.