AI Adoption in the Enterprise 2020

In 2020, the global AI software market is expected to grow approximately 154 percent year-on-year, reaching a forecast size of 22.6 billion U.S. dollars. Artificial Intelligence is a term used to describe a variety of technologies referring to the creation of intelligent software or hardware able to learn and solve problems. These include machine learning, computer vision, and natural language processing (NLP), among others. AI is expected to have wide adoption in and implications for every industry vertical and is likely to be one of the next great technological shifts, like the advent of the computer age or the
smartphone revolution.