Cognitive systems and artificial intelligence revenues to reach $47 billion in 2020
Widespread adoption of cognitive systems and artificial intelligence (AI) across a broad range of industries will drive worldwide revenues from nearly $8 billion in 2016 to more than $47 billion in 2020. According to IDC, the market for cognitive/AI solutions will experience a CAGR of 55.1% over the 2016-2020 forecast period. “Software developers and end…