Cloud brings AI capabilities to the masses

This is according to Deloitte's technology, media and telecommunications (TMT) predictions 2019 report. "While AI's initial benefits accrued mainly to early adopters with strong IT infrastructures and deep pockets, those early adopters have now rolled out cloud-based AI services that are bringing AI to the masses," according to the report's author Jeff Loucks, executive director of Deloitte's Centre for TMT. Deloitte Global predicts that in 2019, companies will accelerate their usage of cloud-based AI software and services. Among companies that adopt AI technology, 70% will obtain AI capabilities through cloud-based enterprise software, and 65% will create AI applications using cloud-based development services. It also predicts that by 2020, penetration rates of enterprise software with integrated AI and cloud-based AI platforms will reach an estimated 87% and 83%, respectively, among companies that use AI software.