8 trends that will affect how organizations use AI and analytics in the New Year
Digital twins, edge computing and decision automation are among the hottest trends expected to impact artificial intelligence adoption this year.
About these predictions
DMI has released its new report on the8 Most Important AI and Analytics Trends for 2019, looking at the technologies that will be the driving forces in this space in 2019. According to Srinivasa Vegi, DMI’s executive vice president for data analytics and artificial intelligence, forward-looking organizations can’t afford to overlook these emerging trends. Artificial intelligence will deliver approximately $2 trillion worth of business value worldwide over the next year through the use of advanced computing algorithms that identify and optimize insights humans cannot spot, he says.
The merging of AI and analytics
“Applying AI algorithms to analytics will prove transformative, but the complex merger requires a roadmap,” the report stresses.
“Greater AI and machine learning in enterprise resource planning will empower smarter process changes, minus the human intervention, to drive cost savings,” the report explains.
“Digital replicas of physical processes, like production lines, let humans interact with IoT sensors automating asset management,” the report explains.
“Data center AI and analytics will deliver more real-time intelligence, anticipating problems and implementing fixes before costly breakdowns,” the report contends.
“The combination of elements of virtual and augmented reality with data analytics will grow in 2019 but will accelerate even faster over the next two or three years,” the report predicts.
“Blockchain uses a shared digital ledger that’s impossible for hackers to breach, making it one of the most-watched technologies of 2019,” the report predicts.
“Thanks to advances in security, more organizations will embrace the cloud, generating huge new datasets to inform advanced machine learning,” the report says.
“Companies will scramble to hire full-stack engineers with AI and analytics skills, making this one of the hottest careers of 2019,” the report concludes.