Using Artificial Intelligence (AI) Capabilities in Data Analytics – Techieno

Data analytics is nothing new and neither is Artificial Intelligence (AI). Over the next few years, the impact of data analytics on the world will ramp up remarkably. In fact, the global market for data analytics is expected to be valued at over USD 77.64 billion, expanding at a CAGR of 30.08% by 2023. This is primarily because of the increased data generation and the ability to use statistical algorithms and the latest machine learning approaches to deliver actionable insights. Data analytics can be used at a business scale to drive revenue, provide solutions to emerging trends, optimize marketing, and improve overall efficiency to create a competitive advantage.