Council Post: 10 Business Models That Reimagine The Value Creation Of AI And ML

Soumen helps enterprises to embrace data and augment cognitive intelligence. Every day we read about some new AI breakthrough. AI is omnipresent in our everyday lives whether we use mobile devices, wearables or voice assistants or stream our favorite shows. Enterprises control the epicenter of the AI economy, and they drive the innovation through a new trajectory, attracting investors through their impeccably timed innovations promising the new efficiency frontier. A new forecast from IDC Worldwide predicts the AI market will have worldwide revenues surpassing $300 billion in 2024 with a five-year compound annual growth rate (CAGR) of 17.1%.