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Strategy: Artificial Intelligence Trends in 2019 - Welcome.AI

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INDUSTRY ADOPTION (y-axis): Signals include momentum of startups in the space, media attention, customer adoption (partnerships, customer, licensing deals). MARKET STRENGTH (x-axis): Signals include market sizing forecasts, quality and number of investors and capital, investments in R&D, earnings transcript commentary, competitive intensity, incumbent deal making (M&A, strategic investments). TRANSITORY Trends seeing adoption but where there is uncertainty about market opportunity. As Transitory trends become more broadly understood, they may reveal additional opportunities and markets. NECESSARY Trends which are seeing widespread industry and customer implementation / adoption and where market and applications are understood.


Boston Consulting Group Predicts One Billion Crypto Users by 2030 - BeInCrypto

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The Boston Consulting Group predicts that the number of crypto users will increase to 1 billion by 2030. In a new report released July 22, 2022, the management consulting firm likens crypto adoption to the growth of the internet in the 1990s. The company predicts North America will lead crypto adoption by 2030, having the most investment per user. The average user in North America holds $18K, or about 0.4% of their wealth, in crypto. Five years ago, the number of crypto applications increased from 800 to 10,000.


AI adoption to add $500 bn to India's GDP by 2025: Nasscom

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The adoption of artificial intelligence (AI) and data utilisation strategy can add $500 billion to India's GDP by 2025, a new Nasscom report showed on Thursday. The AI adoption in four key sectors -- BFSI, consumer packaged goods (CPG) and retail, healthcare, and industrials/automotive -- can contribute 60 per cent of the total $ 500 billion opportunity, according to "AI Adoption Index" Nasscom, EY and Microsoft, EXL and Capgemini. Though the current rate of AI investments in India is growing at a compound annual growth rate (CAGR) of 30.8 per cent and poised to reach $881 million by 2023, it will still represent just 2.5 per cent of the total global AI investments of $340 billion. This creates a massive opportunity for Indian enterprises to accelerate investments and adoption of AI to drive equitable growth across sectors. For India to achieve its $1 trillion GDP goal by FY 2026-2027, it needs to have a strong correlation to the maturity of AI adoption, the report noted.


The Factors That Drove Rapid Industry Adoption of the IoT - News

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It is safe to say that in just a few short years, the IoT has exceeded many estimates and expectations. Now, a new report by The Economist Intelligence Unit (EIU), which examines the results of its own IoT Business Index survey and includes in-depth interviews with industry executives, has illustrated just how much the IoT has grown in a relatively short space of time. The EIU's IoT index is based on a global and cross-industry executive survey. Now in its third edition following a three-year hiatus, it shows that a major step change in IoT took place between 2017 and 2020. When the EIU last measured business adoption of the IoT in 2017, it found that a technological transformation had yet to take off.


Talent Leaders: Artificial Intelligence Is Coming Whether You're Ready Or Not

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There is a pending boom of artificial intelligence (AI) capabilities, and organizations will capitalize on them as AI continues to scale, evolve and mature. Over time, AI adoption at the enterprise level will cause an incremental upending of the traditionally known roles, skills and talent composition within every single business function. According to the 2018 Human Capital Trends Report, "The transition to digital business tools is at the top of the strategic agenda for many businesses today." If mobile, social and cloud computing were some of the biggest platform shifts and technological investments that dominated the beginning of the 21st century, AI investments will be considered the next wave of major technological shifts. Forrester predicts that most (if not all) technology functions will be augmented or replaced by AI.