Goto

Collaborating Authors

 brief outlook


A Brief Outlook on the Artificial Intelligence landscape in Germany – IAM Network

#artificialintelligence

The AI landscape in Germany is rapidly transforming in a positive direction. The nation is aiming to be a global AI leader among all countries in Europe. At present, Berlin is the fourth biggest AI hub, and companies like BMW, Daimler, and Volkswagen are steering the AI innovation.


A Brief Outlook on the Artificial Intelligence landscape in Germany

#artificialintelligence

It is gradually finding its way to the public and private board room discussions and government policies. Even countries like Germany, which were lagging in the AI race, have gone through tremendous change in the past few years. According to PwC research, by 2030, Germany alone shall have Gross Domestic Product (GDP) up by 11.3% and generate €430 billion due to AI. And by percentage, this potential is more than most of the other European Nations. This makes the country as Europe's largest economy, with a thriving market and high potential for new to market brands. The study also that industries like healthcare, energy, and the auto industry will benefit from significant productivity gains by adopting AI applications.