Forrester Predicts Investment In Artificial Intelligence Will Grow 300% in 2017

Businesses that use artificial intelligence (AI), big data and the Internet of Things (IoT) technologies to uncover new business insights "will steal $1.2 trillion per annum from their less informed peers by 2020." So says Forrester in a new report, "Predictions 2017: Artificial Intelligence Will Drive The Insights Revolution." Across all businesses, there will be a greater than 300% increase in investment in artificial intelligence in 2017 compared with 2016. Through the use of cognitive interfaces into complex systems, advanced analytics, and machine learning technology, AI will provide business users access to powerful insights never before available to them. It will help, says Forrester, "drive faster business decisions in marketing, ecommerce, product management and other areas of the business by helping close the gap from insights to action."