Tag Archives: AI

IT Spending

Digital Transformation Investment Fast Approaching Majority of Total Technology Investment

Read the IDC blog

An increasing number of businesses are spending the lion’s share of their IT budgets on digital transformation (DX) technologies. But many businesses are not — and the high speed at which DX is reshaping industries is leaving some vendors and end users behind. As the DX wave continues to gain velocity, the question must be asked: Can these businesses catch up?

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AI Leadership Strategies

Artificial Intelligence: 13 Ways to Succeed with AI

AI is at the heart of digital disruption; By end of 2019, 40% of DX initiatives will use AI services and AI will be the technology that will propel DX. By 2021, 75% of commercial applications will use AI; By 2022, 75% of IT Ops will be enabled by AI; by 2024, By 2024, AI-enabled interfaces will replace 30% of today’s screen-based applications; By 2024, 7% rise in AI-based automation will drive new wave of business processes.

Here are 13 ways you can succeed with AI in your organization:

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Retail

Retail Renaissance: Takeaways from the NRF “Big Show” 2019

NRF’s Big Show 2019 should have been held in Phoenix. Like that city’s namesake, a long-lived bird of mythology, retail cyclically regenerates, arising from the ashes of its predecessor. While retail is clearly not in ashes, it is being reinvented before our eyes.

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2019 Predictions IDC FutureScape - Worldwide Predictions

Top 10 Worldwide CMO 2019 Predictions

IDC Worldwide CMO 2019 Predictions

As unbelievable as it sounds after the past decade, this year, CMOs are facing more change than ever. The following three trends will have the most impact on the success for CMOs for the next five years:

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Manufacturing

Why You Should Care About Generative Design

Why You Should Care About Generative Design

With PTC’s $70M acquisition of generative design software vendor Frustum announced today, and the continued focus on expanding generative design capabilities by Autodesk, Dassault Systèmes, and Siemens, manufacturers have multiple options for AI and machine learning-infused CAD and CAE (i.e. simulation).

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2019 Predictions IDC FutureScape - Worldwide Predictions

Top 10 Worldwide IoT 2019 Predictions

IDC IoT 2019 Predictions

Internet of Things (IoT) remains one of the top digital transformation initiatives happening across organizations today. While much of the focus has been on digitally enabling the physical, we are seeing IoT move into its next chapter as the harmonization between human and machine begins to happen. IoT underpins the exchange of information from “things,” people, and processes. Data becomes the common denominator and it enhances our senses and business processes by providing critical visual, audio, tactile, and environmental queues that allow us to adjust, adapt, and react to changing conditions in the world around us.

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IT Spending

Economic Benefits of 3rd Platform IT Spending Are Not Always Equal

While it’s no surprise to learn that ICT spending continues moving to the 3rd Platform, or that new technologies like AR/VR and cognitive AI continue to deliver double-digit rates of growth during the current early stages of deployment and prototyping, there are many geographic differences in the way that new categories are gaining traction (or not) in different country markets and what this means for the likely economic benefits in the next 5-10 years.

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Robotics

AI Enabling Intelligent Robotic Picking

Robot Picking Intelligence / AI

The evolution of robotic technology is, in part, a function of the related technology ecosystem and the rapidly improving capabilities of the technology areas that are being built into robots. One of the most influential technology areas that is helping to deliver modern intelligent robotics is Artificial Intelligence (AI).

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Finance

Cognitive/Artificial Intelligence Systems Hold the Power to Transform Insurance Industry for Good

AI Systems to Change Insurance Industry for Good

This blog from Sabitha Majukumar (Senior Research Analyst, IDC Financial Insights), Philip Carnelley(Research Director, European Software Group) and Arun Dani (Senior Research Analyst, IT Services) highlights IDC’s recent research on cognitive systems and its impact on insurance industry.

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