Artificial intelligence (AI) is gradually foraying into our setups. It is revolutionizing businesses by tapping into vast stores of structured and unstructured data. According to a study by Markets and Markets, the artificial intelligence market, valued at USD 16.06 billion in 2017, is expected to reach USD 190.61 billion by 2025, at a CAGR of 36.62% during the forecast period.
The ladder to AI kick starts with the data you have or in other words, it’s all about unlocking the intelligence of your data. By unlocking this intelligence one can drive smart reinvention of workflows and technology.
However, organisations are struggling hard to put data in stack and churn out the intelligence out of it. Hence, the need of the hour is to implement a data-first strategy, take advantage of your data, augmenting with third-party sources, and integrate with other advanced technologies, such as IoT, to achieve higher benefits.
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