DUBLIN--(BUSINESS WIRE)--The "Global Artificial Intelligence & Robotics for Defense, Market & Technology Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. The Global Artificial Intelligence (AI) & Robotics in the Defense market, which is valued at US$39.22 billion in 2018, is projected to grow at a CAGR of 5.04%, to value US$61 billion by 2027. The cumulative market for global expenditure on AI & Robotics Defense Systems is valued at US$ 487 billion over the forecast period. Demand for AI & Robotics defense systems is anticipated to be driven by the massive investment made by countries like the US, China, Russia, Israel in the development of next-generation defense systems and the large scale procurement of such systems by countries like Saudi Arabia, India, Japan, and South Korea. The United States is the largest spender in the domain with China, India, Russia, Saudi Arabia, Japan, and South Korea anticipated accounting for the bulk of spending.

Artificial Intelligence has been witnessing a significant improvement in the past few years. Several kinds of Artificial Intelligence have been around us for a long time and are making our life easier. Due to the fast development of Artificial Intelligence and robotics, these effects transform our daily life, artificial intelligence is an innovative factor in production. It has the ability to introduce new origins of growth, from changing the style of work to reinforcing the role of individuals. These benefits of Robotics Process automation are grabbing the attention of millions.

Emerging technologies such as virtual reality (VR), artificial intelligence (AI) and robotics will strongly influence the careers we do in the future, according to new research from BAE Systems. Almost half of young people (47%) aged between 16-24 believe that one day they will work in a role that doesn't exist yet, but only one-in-five (18%) think they are equipped with the skills required to future-proof their careers. Three-quarters (74%) also feel that they are not getting enough information about careers that will be available in the future. These are the findings of a new study by BAE Systems, which also revealed that 70% of young people want more guidance on the skills that will be in demand in the next 20 years to help make more informed decisions on their further education and careers. In response to these findings, futurists and technologists at BAE Systems have predicted what they think will be the the top jobs in 2040 and the areas of study that students should pursue to equip them with relevant skills.

U.S. Pacific Command PR Newswire: AI & Robotics to Dominate the Defense Industry Artificial Intelligence & Robotics are going to dominate the expenditures in de defense market the next decade, this is the conclusion from the new market study launched by MarketForecast.com. Enormous potential of Natural Language Processing, Computer Vision and Robotics among other technologies are going to dominate the defense industry for the next 10 years. The global Artificial Intelligence & Robotics in the Defense industry market, is valued at US $39.22 billion in 2018, is projected grow at a CAGR of 5.04%, to value US $61 billion by 2027. The cumulative market for global expenditure on AI & Robotics Defense Systems is valued at US $487 billion over the forecast period. Read more .... WNU Editor: Some believe China is ahead .... Seeking to outsmart US, China races ahead on artificial intelligence (McClatchy), but my money is on the U.S..

It was only over the last 10 days that there were serious murmurs about Vishal Sikka -- Infosys's rockstar CEO, as described by a company founder -- hanging up his boots. But none who know N R Narayana Murthy expected an outcome any different than this. "Mr Murthy quoting independent directors as having said Sikka'is not CEO material but CTO material' suggests loss of confidence. It seems he bought into their assessment. Hitherto, there was comfort within the company's leadership team that Mr Murthy's battle was essentially with the current board," said a senior Infosys executive of two decades.

Using virtual technology to take on the work of humans when interacting with applications will transform the procure-to-pay function. Automating process through robotics will allow you to perform repetitive tasks continuously and flawlessly all the time with minimal set up. Technology ensures error-prone payable processes and eliminates much of the mundane and time-consuming tasks such as data-entry. Also, robotics in AP will accelerate cycle times, easily manage tasks in volume, ensure consistency in operating procedures and streamlines audit & compliance activities. Human work can be combined with robotic process automation to streamline the supplier management and to tightly align accounts payable with other departments.