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. dollars by 2025 the global artificial intelligence (AI) software market is forecast to grow rapidly in the coming years ( Liu, 2020 ). For example. Reaching around 126 billion U.S.

article thumbnail

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

mjvinnovation

market to reach $191 billion by 2025. An Artificial Intelligence software can provide synthesized courses of action and present them to the user. For example, intelligent energy management systems collect data from sensors attached to various assets. Data from a Markets and Markets survey estimate the AI ??market

Insiders

Sign Up for our Newsletter

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

article thumbnail

Data-Driven Approaches Helping Public Sector with Sustainable Water Management

Acuvate

A recent UNICEF research revealed that half of the world’s population could be living in areas facing water scarcity by as early as 2025. For example, environmental sensors like soil moisture and crop condition sensors enable smart irrigation by monitoring current water intake. Equipment and machinery wear and tear. No data governance.

Data 78
article thumbnail

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

Acuvate

For example, 93% of supply chain and industrial experts want to prioritize the resilience of their manufacturing operations, and 70% agree that a smart factory is the best approach to get there. This looks like a dated metric…Can we look at some other one which is for 2025 ? [GU1]

Data 52
article thumbnail

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

Acuvate

For example, 93% of supply chain and industrial experts want to prioritize the resilience of their manufacturing operations, and 70% agree that a smart factory is the best approach to get there. This looks like a dated metric…Can we look at some other one which is for 2025 ? [GU1]

Data 52
article thumbnail

8 Innovative Baby Boomer Knowledge Management and Retention Strategies

Idea to Value

Here’s another game-changing statistic for you: by 2025, millennials will make up around 75 percent of the global workforce, which will lead to massive workplace changes as millennials step up while baby boomers and gen Xers step back. [1]. Millennials, whom we define as those ages 18-34 in 2015, now number 75.4 million, surpassing the 74.9

article thumbnail

Top Retail Industry Trends to Watch For in 2019

Acuvate

Brick and mortar stores, for example, are not the alluring staples of the retail world that they once were. On the other hand, the blows they suffered due to the rise of e-commerce allowed some businesses to reach record sales and connect with a much wider audience than ever before. billion dollars by 2025.

Trends 40