AI Sector Overviews Articles and Reports
Artificial intelligence “sector overview” reports are designed to help business leaders explore the possibilities and important AI trends across industries. Search our sector overview reports below:
AI is finding itself in the physical retail space by way of augmented reality, or AR. Research and Markets estimated the size of the AR in retail market around $1.155 billion in 2018. As of now, numerous companies claim to provide AR support to shopper experiences in a variety of industries, including automotive and fashion.
According to the US Government Accountability Office, the Federal Bureau of Investigation’s database contains over 30 million mugshots of criminals and ID card images from 16 states. This is just one of many law enforcement databases which also contain further identity information, including fingerprints and text data.
According to a Deloitte study, 90 percent of worldwide retail sales are still done in physical stores. To compete with the convenience and endless aisle assortment offered online, this research suggests that meaningful customer experiences and brand engagement is crucial.
According to the Automated Imaging Association (AIA), machine vision is a combination of hardware like cameras, image sensors, and image processing software that can help automate applications like inspection and analysis by allowing machines (such as robots) to ‘see’ their surroundings.
Speech recognition is technology that can recognize spoken words, which can then be converted to text. A subset of speech recognition is voice recognition, which is the technology for identifying a person based on their voice.
Stockbrokerage might be viewed by investors as a traditionally human-based service allowing them to buy and sell equities. When looking at the shift in how stock brokerage is different today compared to the early 2000s, the largest change seems to be in software-based automation. Put simply, a lot of what was being done by humans (such as executing trades, giving advice to investors, discretionary trading) can now be done through software.
Telehealth (or Telemedicine) is a growing sector of the healthcare industry which has steadily gained traction and formed a profitable sector, according to Transparency Market Research. The market research firm projects that total US revenue will hit $19.5 billion in 2025 up from $6 billion in 2016.
This article is based on a panel discussion facilitated by Emerj (Techemergence) CEO Dan Faggella on the state of AI in the healthcare industry. The panelists were Just Biotherapeutics Chief Business Officer Carolina Garcia Rizo (representing healthcare startups) and Senior Manager for A.I./Machine Learning at Bayer Kevin Hua (representing big pharma). This session was part of the Applied Artificial Intelligence Conference by Bootstraps Labs held in San Francisco on April 12, 2018. The video of the panel is provided below: