AI Trend Spend Analysis
Artificial Intelligence is sweeping nearly every industry. Worldwide spending on cognitive and artificial intelligence (AI) systems will reach $19.1 billion in 2018, an increase of 54.2% over the amount spent in 2017 . With businesses spending so heavily on AI, IDC anticipates, "Widespread adoption of cognitive systems across a broad range of industries will drive worldwide revenues from nearly $8 billion in 2016 to more than $47 billion in 2020 with banking named as one of the top two industries to lead the charge".
Learn more about Synechron’s AI capabilities by visiting www.synechron.com/finlabs/artificial-intelligence