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According to most analysts, the answer is an overwhelming yes with global investment expected to surge by around a third in the coming 12 months and continue on the same trajectory until 2028. But deterministic automation will continue to rule and power at least 95% of automation in production next year.
This trend is expected to continue as more companies recognize the benefits of AI-driven testing and automation. Generative AI in the Software Development Life Cycle Generative AI, a subset of artificial intelligence, leverages algorithms to produce new content based on existing data. from 2022 to 2027.
Supercharging Sales & Marketing Efficiency AI is dramatically enhancing the efficiency of sales and marketing teams by automating routine tasks. Recent research suggests that AI is automating up to 20% of current sales functions —a figure that’s only expected to grow.
According to Statista, more than 200 million homes and businesses have already purchased it with that number expected to at least double by 2028 (link resides outside ibm.com). Smart factories 5G, along with AI and ML, is poised to help factories become not only smarter but more automated, efficient and resilient.
Summary: Tableau simplifies data visualisation with interactive dashboards, AI-driven insights, and seamless data integration. With mapping features, customisable charts, and automated analytics, Tableau enhances data-driven strategies, helping businesses extract valuable insights for better decision-making and operational efficiency.
MLaaS aims to reduce the complexity and cost of implementing machine learning within an organization, allowing quicker and more accurate dataanalysis. billion globally by 2028, expanding at an annual growth rate (CAGR) of 31.6% between 2018 and 2028.
billion by 2028 at a CAGR of 15.1%, organisations are rapidly adopting cloud solutions. Financial Services : Banks use Eucalyptus to develop secure, on-demand cloud platforms for dataanalysis and customer relationship management. With the global cloud computing market projected to grow from USD 626.4
The global Big Data and Data Engineering Services market, valued at USD 51,761.6 million by 2028. This article explores the key fundamentals of Data Engineering, highlighting its significance and providing a roadmap for professionals seeking to excel in this vital field. billion in 2023 and is projected to reach USD 55.96
While AI promises to revolutionize industries from automating routine tasks to providing deep insights through dataanalysis it also gives way to ethical dilemmas, bias, data privacy concerns, and even a negative return on investment (ROI) if not correctly implemented.
Automated Customer Support AI-powered chatbots and virtual assistants are revolutionizing customer service by handling routine inquiries, such as balance checks, transaction history, and account updates. billion by 2028, growing at a CAGR of 10.3%. According to Deloitte , AI-powered claims processing can save insurers $1.7
The Intersection of Data Science and Cloud Computing Data Science and cloud computing are revolutionising industries, enabling businesses to derive meaningful insights from vast amounts of data while leveraging the power of scalable, cost-efficient cloud platforms. billion in 2023 to USD 1,266.4
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