Machine learning set to jump-start growth

Deloitte Global forecasts major strides in machine learning for the enterprise, a worldwide appetite for digital subscriptions among consumers, and ongoing smartphone dominance – along with eight additional predictions.Among the findings of the 17th edition of the Technology, Media & Telecommunications (TMT) Predictions are indications that business organisations will double their use of machine learning technology by the end of 2018. TMT Predictions highlights five key areas that Deloitte Global believes will unlock more intensive use of machine learning in the enterprise by making it easier, cheaper and faster. The most important key area is the growth in new semiconductor chips that will increase the use of machine learning, enabling applications to use less power, and at the same time become more responsive, flexible and capable. "We have reached the tipping point where adoption of machine learning in the enterprise is poised to accelerate," says Mark Casey, Deloitte global media & entertainment & TMT Africa leader. TMT Predictions includes a number of consumer forecasts as well.