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:
The U.S. Energy Information Agency (EIA) defines renewable energy as an energy source that naturally regenerates, such as solar or wind. In contrast, fossil fuels are considered finite. The EIA reports that in 2016, 10 percent of all energy consumed in the U.S. was derived from renewable energy sources. This is equivalent to roughly “10.2 quadrillion British thermal units (Btu) —1 quadrillion is the number 1 followed by 15 zeros”.
Companies and cities all over world are experimenting with using artificial intelligence to reduce and prevent crime, and to more quickly respond to crimes in progress. The ideas behind many of these projects is that crimes are relatively predictable; it just requires being able to sort through a massive volume of data to find patterns that are useful to law enforcement. This kind of data analysis was technologically impossible a few decades ago, but the hope is that recent developments in machine learning are up to the task.
The application of robotics in surgery has steadily grown since it began in the 1980s. In contrast, the integration of artificial intelligence in this sector is still fairly new. As promising applications, predominantly in the research and development phase, begin to the surface we aim to answer the important questions that business leaders are asking today:
The K-12 online tutoring market is a growing sector and is projected by market research firm Technavio to reach $120.67 billion by 2021. Growing numbers of students are taking college entrance exams such as the SAT and tutoring industry giants such as Khan Academy are helping students meet their test prep goals.
Mining is a major worldwide industry producing everything from coal to gold. According to a PWC annual report, the top 40 mining companies have a market capitalization of $748 billion as of April 2017. The industry as a whole saw a slump in 2015 but since then the sector has recovered due to rising commodity prices.
Food processing is one of the major manufacturing sectors in the United States. According to the United States Department of Agriculture, 16 percent of the value of shipments from all U.S. manufacturing plants comes from food processing plants. These plants employ around 1.5 million workers in this country.
Artificial intelligence is gaining traction in the agricultural industry and is steadily being integrated in robotics developed for this sector. As automated technologies penetrate the market, we aim to answer the important questions that business leaders are asking today:
Both artificial intelligence and robotics have been improving over the past few years. Large companies are betting billions that in the near future we will have cars that can drive themselves, drones that can fly themselves to deliver packages, automatic fast food chefs, AI personal assistants, manufacturing robots that can train themselves and other robots, etc.