AI Articles and Analysis about Business intelligence and analytics

Episode summary: In the heavy industry sector, the cost of unpredicted repairs or machine failures can be very expensive. For example: A cargo train with an engine failure in will incur costs from its own repairs, from the transit required to reach the broken down engine, and with holding up other trains and cargo in the process.

The implementation of artificial intelligence applications in the healthcare space is poised to impact clinical workflows, physician training and the medical education model. A recent report by Accenture predicts that the AI health market will grow to an estimated $6.6 billion by 2021 and a compound annual growth rate (CAGR) of 40 percent. This represents a significant increase from a market size of $600 million in 2014.

According to this report from Deloitte, the global 3D printing industry is expected to reach $5.2 billion in 2020 and the largest opportunities for corporations in near future will be in home improvement and the life sciences sectors. Yet, today there are still several hurdles in the additive manufacturing process that need to be overcome for widespread adoption in the industry.

A 2017 report by the Pew Research Center found that 69 percent of the American public use some type of social media, like Facebook, Twitter, Instagram, and others.

Dermatology is defined as a branch of medicine primarily focused on the evaluation and treatment of skin disorders, including hair and nails. Market research firm BCC Research projects that the global market for skin disease treatment technologies will reach $20.4 billion in 2020. Based on $17.1 billion in market revenue in 2015, this anticipated increase represents a five-year compound annual growth rate (CAGR) of 3.6 percent.

Tech Provider: TAMR - a company that automates the organization of a company’s enterprise-wide data through a machine learning-driven plus human-guided solution

Artificial intelligence has already established a small but growing presence in the life sciences industry today, starting with drug discovery and development and now in emerging applications across the product life cycle.

The following brand partnership article was written by BIS Research analyst Rahul Papney, and edited by Raghav Bharadwaj of Emerj. For information about our advertising and publishing arrangements with brands, please visit our partnerships page.