AI Making Real-Time Analytics More Real, Driving High Value - AI Trends

We've come a long way with analytics in recent years, in which data is applied against algorithms or analytics engines to determine what it may mean to the business. Lately, there's been a lot of progress with real-time analytics, especially when applied against streaming data from systems or devices. But with artificial intelligence coming into the picture, we ain't seen nothing yet. That's the word from a group of McKinsey Global Institute analysts, led by Michael Chui, who connected the dots between AI and hundreds of use cases from across 20 industries in a recent study. Notably, they observe, the most value coming from AI, as indicated by more than two-thirds of projects studied (69%), are in improving the performance of existing analytics efforts.