Avnet to showcase power of AI and machine learning

The company will also hold the Avnet 2021 Artificial Intelligence Cloud Conference on 29 June, 2021. Joined by developers, engineers, and decision makers in the AI field, the summit will feature cutting-edge technology trends in artificial intelligence and machine learning, and in-depth discussions on the development, future prospects and blueprints for AI to encourage and accelerate innovation. "MarketsandMarkets forecasts the global artificial intelligence market size to grow to over USD$300 billion by 2026, and the market in Asia Pacific is anticipated to grow at the highest CAGR during the forecast period," says KS Lim, senior director of supplier management at Avnet Asia. "As the world's leading technology distributor and solution provider, Avnet has a comprehensive ecosystem that provides customers with end-to-end artificial intelligence and machine learning solutions, reducing the cost and complexity of product development to enable application scenarios," he says. "We will continue to work hand in hand with our suppliers and partners to further contribute to the development and maturity of the entire AI ecosystem."