Remove 2025 Remove Artificial Inteligence Remove Marketing Remove Technical Review
article thumbnail

Waiting can be expensive: why to invest in artificial intelligence.

mjvinnovation

Data from a Markets and Markets survey estimate the AI ??market market to reach $191 billion by 2025. You have certainly seen this movement, and you may be wondering if Artificial Intelligence is important to your business and why to invest in it. What is Artificial Intelligence.

article thumbnail

Why Mission-Critical Industries Need Custom Industrial Data Platforms

Acuvate

For example, predictive maintenance, an activity enabled by these technologies, has helped organizations increase asset lifespan by up to 40% and reduce downtime up to 50%. The global Internet of Things (IoT) market in energy alone is expected to hit 35.2 Ready to adopt a platform that supports your business ambition?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Applications and innovations in the Internet of Things (IoT)

hackerearth

IHS Technology predicts that there will be over 30 billion IoT devices in use by 2020 and over 75 billion by 2025. By 2020, the smart healthcare market value is predicted to be US$ 169.32 Smart home technology is also known as home automation or domotics. Real-world applications of IoT can be found in several sectors: 1.

article thumbnail

Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

But before that, let’s understand where the manufacturing world is with Smart Factory today and where this technological intervention is headed. This looks like a dated metric…Can we look at some other one which is for 2025 ? [GU1] technologies to build a fully connected and integrated industrial ecosystem.

Data 52
article thumbnail

Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

But before that, let’s understand where the manufacturing world is with Smart Factory today and where this technological intervention is headed. This looks like a dated metric…Can we look at some other one which is for 2025 ? [GU1] technologies to build a fully connected and integrated industrial ecosystem.

Data 52
article thumbnail

Does AI Replace Human Work?

The BMI Lab Blog

The world is becoming more and more interconnected and narrow due to technology and is closely connected like a village. The internet of things (IoT) is moving towards an economy of things in which products, processes, machines and algorithms act autonomously to satisfy customers, produce goods and services and create business value.

article thumbnail

The Importance and Benefits of Ensuring Data Quality

Acuvate

But organisations which have focused and achieved high data quality to a degree have benefited in the highly competitive markets. In order to capture and ensure high data quality in today’s ocean of information, enterprises need the support of the right tools, resources, technologies and experts. Data is only as good as its quality.

Data 72