technology industry outlook 2020
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technology industry outlook 2020

technology industry outlook 2020

New advances in AI & Machine Learning algorithms and decreased cost of computing power have created a new arena where businesses can utilize Augmented Analytics to gain a competitive edge. About Us: Brandessence Market Research and Consulting Pvt. Market Snapshot6.2. To help eliminate these drawbacks, companies are moving towards edge computing – an alternative approach to the cloud environment. While familiar themes such as cloud computing and AI promise to continue dominating technology headlines in the coming year, 2020 could be a breakout year for edge computing. In fact, 51% of respondents to Deloitte’s “Global State of AI in the Enterprise, 2nd Edition” survey expected to boost their AI investments by 10% or more in 2019, and 80% indicated these investments had driven ROI of 10% or more. To thrive in the next decade, companies will likely need to harvest data and visualize its implications across the organization. This detailed report on 'Intelligent Network Market' put offers a succinct study on regional forecast, industry size, Revenue estimations related to the industry. Analysis2.1.3. ‘While AI delivers a host of potential benefits, it also brings risks—particularly in the area of ethics.’. Information Cognition5.3.1.1. Satish Kumar V, CEO at EverestIMS Lateral attacks that gain a foothold in IT and spread to operational technology (OT) networks have been a well-documented concern over the past 24 months. 2019 looks to be a great year from the technology perspective, but the outlook for the industry is clouded by geopolitical strife. New ERP systems can help with harvesting “one version of the truth,” but this technology must be complemented by transformed processes that enable consistent access enterprisewide. As pointed out last year, cloud-based solutions also provide the most popular path for acquiring AI capabilities. Intraday data delayed at least 15 minutes or per exchange requirements. End User breakdown estimates & forecasts, 2015-2025 (USD Billion)8.2.2.4. For this reason, security is a key driver of hybrid cloud adoption, and cloud-based security solutions continue to gain traction across many industries. Intelligent Network Market Global outlook 2020, Technology Trends, Industry Growth, Opportunities, Size Estimation, Top Company Share, Regional Forecast to 2025 Published: Nov. 11, 2020 at … Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)3.2. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. In 2020, AI will continue to improve workplace operations and create efficiency and productivity, and will play a key role in hiring processes and helping employees to build their careers. The MarketWatch News Department was not involved in the creation of this content. The extent to which companies adopt ethical AI practices and build trust with their customers, partners, and the general public will likely be key differentiators. Social login not available on Microsoft Edge browser at this time. 2020 Technology Industry Outlook. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion), 6.3.3. display: none !important; Please see www.deloitte.com/about to learn more about our global network of member firms. With the rise of super apps, connected devices, IoT, Wi-Fi enabled services and cross-functional customer platforms, historic volumes of data can be expected across all industries. From real-time insights which lead to better and faster product development to medical breakthroughs, it will slowly permeate almost all paradigms of technology in 2020. Pradeep Gupta, CMD, CyberMedia Group welcoming Dr Arvind Gupta, National Head Information Technology, BJP. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities.

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