Artificial Intelligence at the Edge - NASSCOM Community The Official Community of Indian IT Industry

The need for real-time decision making is pushing AI closer to "the edge", giving devices the ability to process information and accelerate machine learning tasks locally. Deloitte predicts that in 2020, more than 750 million edge AI chips are expected to be sold. Further, by 2024, the sales of edge AI chips are expected to exceed 1.5 billion, representing more than 20% annual unit sales growth[1]. The reason behind this rapid growth lies in the fact that edge AI chips are increasingly finding their way into consumer market, in addition to enterprise edge devices. Majority of the consumer edge AI chips will be in high-end smartphones, accounting for more than 70% of all consumer edge AI chips currently in use. Edge AI chips enable organisations to increase their ability to not only collect data from connected devices, but also analyse the data and drive data-driven decision making, while avoiding the cost, complexity, and security challenges associated with storing data on the cloud.