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Internet of Things: Drop in Sensor Costs Drive IoT as a new Mega-Trend
Global spending on the Internet of Things (IoT) is expected to reach $745 billion this year and to go beyond $1 trillion by 2022, according to IDC. Sensors alone had a market size of $9.6 billion in 2018 and are…
Artificial Intelligence: Wrangling AI to Achieve Positive ROI
AI is in. Just about every company says that they see value in the technology — 90 percent according to a survey by MIT Sloan Management Review and Boston Consulting Group. Companies have jumped in to apply AI to their…
IT Spending: Financing New Initiatives by Reducing IT Waste
How much are businesses spending on IT? 8.2 percent of revenue, according to a report by Flexera. And even slightly more, 9.3 percent of revenue, for businesses with more than 10,000 employees. Top priorities for spending include: Digital Transformation Cybersecurity…
Synthetic Data: Computer Generated Data Sets for AI Training
Current Artificial Intelligence algorithms, like machine learning and neural networks, rely heavily on training based on massive amounts of data. But the problem is that large data sets are often difficult to gain access to and data privacy is increasingly…
Digital Transformation: How to Invest for the Future
Laggards and Leaders in business. The differences often boil down to culture and investment. What is the best way for businesses to invest in themselves to be able to excel in the future? Bhaskar Ghosh, group chief executive of Accenture…