It is widely believed that Artificial Intelligence is going to play a big role in helping organisations that are looking to expand their digital footprint. A new IDC report further sheds light on the importance of Artificial Intelligence for businesses and the possible trends in the coming years.
The report titled “IDC FutureScape: Worldwide Artificial Intelligence 2021 Predictions – India Implications for 2021” says more than 40% of consumer-focused AI decisioning systems in sectors such as finance, healthcare, government and others will feature provisions to explain their analysis and decisions.
The report further says that the number of data analysts and scientists adopting AutoML for an end-to-end machine learning pipeline from data preparation to model deployment will grow two-fold by 2025.
ALSO READ: Researchers introduce first artificial intelligence tool to detect COVID-19 probability
According to the IDC report, AIOps will be a common practice for IT operations in the next five years. At least 40% of large enterprises will adopt AIOps solutions for automating major IT system and service management processes.
By 2025, 20% of all AI solutions will get closer to AGI that is essentially harnessing neuro-symbolic techniques. The techniques are a combination of deep learning with symbolic methods to make human-like decisions.
By 2024, 50% of enterprises will run varying levels of analytic and AI models at the edge and 30% of those edge AI applications will be accelerated by heterogeneous accelerators, the report added.
ALSO READ: Artificial intelligence alone can add $500 billion to economy: Google India
Rishu Sharma, Principal Analyst, Cloud and AI, IDC India, pointed out that the Covid-19 pandemic had led to wider adoption of AI in the country.
"In the data-driven journey, organizations are focusing on intelligent systems for actionable business insights. Businesses are embracing technologies like conversational AI and machine learning, driven by their business objectives of innovation, resiliency, and offering transformative experiences," Sharma said.
Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.