Collaboration with humans is essential when it comes to implementing machine learning. This article is part of an MIT SMR initiative exploring how technology is reshaping the practice of management. Companies of all kinds are adopting artificial intelligence (AI) and machine-learning systems at an accelerated pace. International Data Corp. (IDC) projects that shipments of AI software will grow by 50% per year and will reach $57.6 billion in 2021 -- up from $12 billion in 2017 and just $8 billion in 2016. AI is being applied to a range of tasks, including rating mortgage applications, spotting signs of trouble on power lines, and helping drivers navigate using location data from smartphones.

The whole technology landscape is changing and is ushering in new ways to put it to use. The way things have been run in the past 20 years no longer holds water and we need to change to adapt and be relevant. At the Bengaluru ITE.BIZ 2016, Bhaskar Ghosh, Group Chief Executive, Accenture Technology Services, shed light on what the next wave in the IT sector would be. "We went through several waves - IT services, e-commerce, cloud, artificial intelligence (AI) and quantum computing. New tech is maturing faster and the time to learn and execute in the market is short. We need to learn to master the speed. Every business is a software business. Even manufacturing is driven by software," he explained.

The whole technology landscape is changing and is ushering in new ways to put it to use. The way things have been run in the past 20 years no longer holds water and we need to change to adapt and be relevant. At the Bengaluru ITE.BIZ 2016, Bhaskar Ghosh, Group Chief Executive, Accenture Technology Services, shed light on what the next wave in the IT sector would be. "We went through several waves - IT services, e-commerce, cloud, artificial intelligence (AI) and quantum computing. New tech is maturing faster and the time to learn and execute in the market is short. We need to learn to master the speed. Every business is a software business. Even manufacturing is driven by software," he explained.

The whole technology landscape is changing and is ushering in new ways to put it to use. The way things have been run in the past 20 years no longer holds water and we need to change to adapt and be relevant. At the Bengaluru ITE.BIZ 2016, Bhaskar Ghosh, Group Chief Executive, Accenture Technology Services, shed light on what the next wave in the IT sector would be. "We went through several waves – IT services, e-commerce, cloud, artificial intelligence (AI) and quantum computing. New tech is maturing faster and the time to learn and execute in the market is short. We need to learn to master the speed. Every business is a software business. Even manufacturing is driven by software," he explained.