Artificial intelligence is changing the way e-commerce retailers store

Unlimited access to computing power through cloud technology

The next generation cloud computing model built around the AI capabilities should be able to run deep learning or AI applications. The potential for cloud computing is to lower computing costs and increase business flexibility. AI uses large volume of data stored and can be utilized for cloud robotics, automation, intelligent actions and machine learning. Artificial Intelligence with cloud computing add advancements using new use cases to improvise the systems developed so far.

Obtain Report Details @
https://www.futuremarketinsights.com/reports/artificial-intelligence-systems-spending-market

Convergence of AI and Big Data

The convergence of AI and big data is an important development that is shaping the future of companies deriving business value from data and analytics capabilities.

Investment in the skilled workforce

Major companies are focusing on high investment on hiring artificial intelligence engineers due to its rapid growth across the globe. Artificial intelligence is majorly used to transform the enterprise businesses and reduce the reaction time.

Request Sample Report@
https://www.futuremarketinsights.com/reports/sample/rep-gb-4957

Growth of AI systems in commerce and retail

Artificial intelligence is changing the way e-commerce retailers store and operate as it delivers a modern way of analyzing big data, helping e-commerce retailers to get involved with their customers in a deeper level and provide excellent customer experience. AI helps to deliver the messages to the right customers at the right time, which helps to increase the overall revenue.

Global Artificial Intelligence Systems Spending Market Attractiveness Index, by Technology

Amongst all technologies, deep learning accounts for a 50.8% value share in the global artificial intelligence systems spending market by 2027 end, followed by machine learning with a 24.8% value share. Deep Learning is expected to show a higher incremental value during the forecast period as compared to other technologies.

Deep Learning segment is projected to exhibit a CAGR of 49.3% over the forecast period. Natural language processing segment is expected to account for an 11.3% value share by 2027 end and will register a CAGR of 42.9% over the forecast period.

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

Contact

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email:sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

This release was published on openPR.