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Artificial Intelligence Growth Opportunities

Publisher Frost & Sullivan
Published May 31, 2023
Length 60 Pages
SKU # MC17975204

Description

Artificial Intelligence Growth Opportunities


Advances in Generative, Multimodal, Conversational, and Edge AI Solutions to Offer New Monetization Avenues

Artificial intelligence (AI) uses algorithms and large data sets to find underlying relationships and drive improved business outcomes. While still a nascent technology, AI is experiencing increased implementation and adoption across industries to innovate business models, drive operational efficiencies, and create strategic differentiation. Globally, economic turmoil has accelerated the pace of digital transformation and AI adoption among organizations as they explore new means of enhancing efficiency, reducing costs, and driving customer value. In addition, the AI ecosystem is evolving rapidly, making it essential to understand the overarching trends affecting this technology and its adoption.

KEY FEATURES

Six Emerging AI Market Trends

Democratization of AI reduces enterprise workloads and helps jump-start machine learning projects.
Multimodal AI plays an important role in unlocking data’s potential.
Increased investment in generative AI is unleashing creative industry applications.
Conversational AI is emerging as a highly deployed AI technology.
Vendors are building edge-to-cloud integration platforms and service offerings to support data orchestration.
Ethical AI principles are emerging as a core aspect of implementing AI technologies.

Table of Contents

60 Pages
    • Why is it Increasingly Difficult to Grow?
    • The Strategic Imperative 8™
    • The Impact of the Top 3 Strategic Imperatives on the Artificial Intelligence (AI) Industry
    • Growth Opportunities Fuel the Growth Pipeline Engine™
    • AI—Definitions
    • AI—A Technology Priority for Global Enterprises
    • Enterprises are Advancing on their AI Adoption Journeys
    • Growth Drivers
    • Growth Restraints
    • AI Landscape
    • Emerging AI Market Mega Trends
    • Democratization of AI Reduces Enterprise Workloads and Helps Jump-start ML Projects
    • Multimodal AI Plays an Important Role in Unlocking Data's Potential
    • Increased Investment in Generative AI is Unleashing Creative Industry Applications
    • Conversational AI is Emerging as a Highly Deployed AI Technology
    • Vendors are Building Edge-to-cloud Integration Platforms and Service Offerings to Support Data Orchestration
    • Ethical AI Principles are Emerging as a Core Aspect of Implementing AI Technologies
    • Key Growth Opportunities
    • Growth Opportunity 1: Industry Vertical Solutions
    • Growth Opportunity 2: AI Advisory and Implementation Services
    • Growth Opportunity 3: Conversational Chatbot Solutions
    • Growth Opportunity 4: Edge AI

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