10 Ways Machine Learning Is Revolutionizing Manufacturing In 2018
Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Reducing supply chain forecasting errors by 50% and lost sales by 65% with better product availability is achievable with machine learning. Automating quality testing using machine learning is increasing defect detection rates up to 90%. Bottom […]
2018 Will be A Breakout Year For Supply Chain Analytics
While 94% of supply chain leaders say that digital transformation will fundamentally change supply chains in 2018, only 44% have a strategy ready. 66% of supply chain leaders say advanced supply chain analytics are critically important to their supply chain operations in the next 2 to 3 years. Forecast accuracy, demand patterns, product tracking traceability, […]
The Best Software Companies To Work For In 2018, According To Glassdoor
62% of all employees working for Software 500 companies would recommend their company to a friend, up from 61% in 2015. 76% of all employees working for Software 500 companies approve of their CEO today, up from 73% in 2015. Aconex Limited, The Trade Desk Inc. (NASDAQ: TTD), HubSpot (NYSE: HUBS), Talentica Software, Wix.com Ltd( (NASDAQ: WIX), Coupa Software (NASDAQ: COUP), SAP AG ( NYSE: SAP), The […]
Roundup Of Internet Of Things Forecasts And Market Estimates, 2018
According to IDC, worldwide spending on the Internet of Things (IoT) is forecast to reach $772.5B in 2018. That represents an increase of 15% over the $674B that was spent on IoT in 2017. The global IoT market will grow from $157B in 2016 to $457B by 2020, attaining a Compound Annual Growth Rate (CAGR) […]
Cloud Computing Market Projected To Reach $411B By 2020
Worldwide public cloud services market revenue is projected to grow 18.5% in 2017 reaching $260.2B, up from $219.6B in 2016. 2016 worldwide SaaS revenue exceeded Gartner’s previous forecast by $48.2B. SaaS revenue is expected to grow 21% in 2017 reaching $58.6B by the end of this year. Infrastructure as a Service (IaaS) is projected to […]
Gartner’s Top 10 Predictions For IT In 2018 And Beyond
In 2020, AI will become a positive net job motivator, creating 2.3M jobs while eliminating only 1.8M jobs. By 2020, IoT technology will be in 95% of electronics for new product designs. By 2021, 40% of IT staff will be versatilists, holding multiple roles, most of which will be business, rather than technology-related. These and […]
73% of Executives Are Researching & Launching IoT Projects In 2017
Manufacturing-based IoT connections grew 84% between 2016 and 2017, followed by energy & utilities (41%). 73% of executives are either researching or currently launching IoT projects. The IoT platform market is expected to grow 35% per year to $1.16B by 2020. B2B uses can generate nearly 70% of the potential value enabled by IoT. These […]
How Artificial Intelligence Is Revolutionizing Business In 2017
84% of respondents say AI will enable them to obtain or sustain a competitive advantage. 83% believe AI is a strategic priority for their businesses today. 75% state that AI will allow them to move into new businesses and ventures. These and many other fascinating insights are from the Boston Consulting Group and MIT Sloan Management Review […]
Gartner’s Hype Cycle for Emerging Technologies, 2017 Adds 5G, Edge Computing For First Time
Gartner added eight new technologies to the Hype Cycle this year including 5G, Artificial General Intelligence, Deep Learning, Edge Computing, Serverless PaaS. Virtual Personal Assistants, Personal Analytics, Data Broker PaaS (dbrPaaS) are no longer included in the Hype Cycle for Emerging Technologies. The Hype Cycle for Emerging Technologies, 2017 provides insights gained from evaluations of more […]
McKinsey’s State Of Machine Learning And AI, 2017
Tech giants including Baidu and Google spent between $20B to $30B on AI in 2016, with 90% of this spent on R&D and deployment, and 10% on AI acquisitions. Artificial Intelligence (AI) investment has turned into a race for patents and intellectual property (IP) among the world’s leading tech companies. U.S.-based companies absorbed 66% of […]
