Deep learning is key driver for adoption of AI

Deep learning, a subset of machine learning and artificial intelligence (AI), is predicted to provide formidable momentum for the adoption and growth of artificial intelligence in the Asia-Pacific (APAC) region. The next few years will see deep learning become part of main-stream deployments, bringing commendable changes to businesses in the region, says GlobalData, a leading data and analytics company. GlobalData estimates the APAC region to account for approximately 30% of the global AI platforms' revenue (around US$97.5bn) by 2024. However, the share is expected to significantly go up, given the incumbent technology companies and the increasing number of start-ups that specialize in this field. Furthermore, the technological enhancements supporting higher computation capabilities (CPU and GPU), and the huge amount of data, which is predicted to grow multiple folds due to the growth of connected devices ecosystem, are expected to contribute to this growth. Some of the other key usage areas of deep learning include multi-lingual chatbots, voice and image recognition, data processing, surveillance, fraud detection and diagnostics.