With the rise of digitization, we're gathering more and more data that, if used to its full potential, will help businesses counter uncertainty and make business outcomes more predictable. Nowadays, companies face countless challenges -- inflation, supply chain delays, natural disasters, and global pandemics. The most valuable part of AI is its ability to take in huge amounts of data and calculate every possible outcome, then make recommendations based on a variety of parameters. It can also offer solutions to lessen these problems without the need for human interference. Combined with a fully integrated end-to-end ERP system, AI can be a critical factor in streamlining business processes.

Analytics Insight predicts that the global AI market is expected to reach US$53.2 billion in 2020 and will further grow on to reach US$152.9 billion in 2023. Beyond that, businesses are bound to become even more innovative with rising AI trends this year. According to a report, AI will help with the repetitive and labor extensive tasks that people carry mostly on their machines. The extensive form filling work, generating reports, and diagrams all can be done more quickly. According to Forbes, approximately 23% of businesses have implemented Artificial intelligence into processing and product services, and more than 60 businesses are still in process. However, this number will increase by 80-90% until 2022.

Estonia is a pioneer in digital initiatives. The Estonian government-initiated AI strategy counts with over 20 machine learning-based solutions live in the Estonian public sector. In Estonia, citizens are always the owners of their own data. None of this comes as a surprise, though, in a country which has been named the most advanced digital society in the world by many. Below, the opening to the third annual Tallinn Digital Summit that took place on September 16 - 17.

Estonia is a pioneer in digital initiatives. The Estonian government-initiated AI strategy counts with over 20 machine learning-based solutions live in the Estonian public sector. In Estonia, citizens are always the owners of their own data. None of this comes as a surprise, though, in a country which has been named the most advanced digital society in the world by many. Below, the opening to the third annual Tallinn Digital Summit that took place on September 16 - 17.