Worldwide spending on cognitive and artificial intelligence (AI) systems is forecast to reach $57.6 billion in 2021, according to a recent update of the Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide from IDC. With many industries aggressively investing in cognitive and AI solutions, spending is expected to achieve a compound annual growth rate (CAGR) of 50.1% over the 2016-2021 forecast period. Worldwide spending on cognitive and AI systems will total $12.0 billion in 2017, an increase of 59.1% over 2016.
“Cognitive and artificial intelligence solutions continue to proliferate across all industries resulting in significant growth [...]
Smart Dubai is gearing up to take part in the 37th annual GITEX Technology Week, the organisation announced at a press conference in the Dubai Government Media Office.
For the duration of the event – which is scheduled to go on from October 8 to 12, 2017, at the Dubai World Trade Centre – the Smart Dubai booth will bring together more than 42 government and private institutions. The booth will take the visitors on a journey to the future, offering a vivid example of how Smart Dubai intends to build on its cooperative ties with government entities and the private sector in order to contribute to the UAE Centennial 2071, launched by His Highness Sheikh Mohammed bin Rashid Al [...]