Why the Focus on Artificial Intelligence and Machine Learning? - Market Realist

Earlier in this series, we learned why IBM is focusing on investments and acquisitions in the IoT (Internet of Things) space. Let's see how AI (artificial intelligence) and ML (machine learning) could drive the expected $2 trillion in spending during the next new computing cycle. The SMAC (social, mobile, analytics, and cloud) revolution is rapidly transforming the technology space. The influx of data, the majority of which is unstructured, coupled with the advances in processing power and cognitive technology, has led to the necessity of machine learning to facilitate better-informed decisions. In today's scenario, understanding the content of images as well as organizing and extracting relevant information from raw media and data pose a significant challenge. The specialty of deep learning is that it can be deployed in structured and unstructured data and context.