AI and Machine Learning major growth areas in technology: Lenovo Gadgets Now

LAS VEGAS: Artificial Intelligence (AI) and Machine Learning (ML) are going to be major areas of growth in the tech world to leverage these for improving productivity and efficiencies, according to one of the top executives of Lenovo. Ken Wong, President of Asia Pacific with the Fortune 500 company, said that their own experience from AI and ML internally in several countries is being packaged and sold to large companies -- starting with China -- to improve productivity and business. "We are one of the biggest companies on planet to effectively leverage AI and ML for efficient global supply operations and for planning and management of manufacturing," Wong told IANS in an interview on the sidelines of the Consumer Electronics Show (CES) 2018 here. To further leverage technology for manufacturing processes, Wong said the company was setting up three specialised research labs in the United States, Germany and China on AI and ML. The company, he said, would invest around $1.2 billion in the next two to four years to be on the cutting edge of these growth areas.