After several long "winters," business is ready for an A.I. spring.
The age of artificial intelligence (A.I.) is finally upon us. Consumer applications of A.I., in particular, have come a long way, leading to more accurate search results for online shoppers, allowing apps and websites to make more personalized recommendations, and enabling voice-activated digital assistants to better understand us.
As impressive as these uses of A.I. are, they only hint at how this game-changing technology will be applied in business. Because the goal of business A.I. is to help the companies that drive our global economy learn from their data to become vastly more resilient, adaptive, and innovative.
We all know there is tremendous potential value in data, which continues to grow exponentially. In fact, the world is creating 2.5 quintillion bytes of data every day (that's 2.5 followed by 18 zeros). To harness that potential, companies need A.I. to make sense of the data, and hybrid cloud computing platforms that can distribute it across organizations.
The economic opportunity behind these technologies is enormous, given that business is only about 10 percent of the way to realizing A.I.'s full potential.
By Arvind Krishna, Chairman and Chief Executive Officer, IBM
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