By 2025, Gartner predicts that over 75% of governments will operate more than half of workloads using hyperscale cloud service providers. Such providers use their significant investment capabilities to outpace competition in the drive for product innovation, security and cost-efficiency.
As per a report by Gartner, By 2024, at least 60% of government AI and D&A investments will directly impact real-time operational decisions and outcomes.
According to Forbes, 79% of enterprise executives say that not embracing big data will cause them to risk their competitive position and drive them out of business, and around 83% use data to gain a competitive advantage.
According to the 2022 State of Customer Engagement Report , 78% of Asia Pacific & Japan (APJ) companies rely on third-party cookies to deliver personalized experiences to attract customers. However, businesses are losing customer trust in the process of trying to build a connection. The report shows that while 90% of B2C companies in APJ believe consumers trust their ability to protect data, only 71% of consumers actually trust these companies.
As per the Allied Market Research forecasts that the Healthcare Chatbots market to be $345 million by the year 2026. Therefore, the usage of Chatbots will gradually increase in this sector.
As per the report by SmartData Collective, The rapid pace of digitization has caused fintech markets to boom around the world. The market for Fintech was over $112 billion last year, but is projected to be worth over $333 billion by 2028.
As per the report by SmartData Collective, Data analytics technology has helped many employers boost productivity and increase employee morale. Markets and Markets projects that companies around the world will spend over $3.6 billion on HR analytics by 2024.
AI can benefit financial technology in a number of ways. It can result in more active user engagement, secure payments, and efficient workflows. From these benefits ultimately come cost savings. Since the tasks AI can perform reduce time significantly, teams can invest more in other aspects of a project. So it is not surprising that AI use in the fintech market is growing. Mordor Intelligence predicts that the technology’s value in the industry will grow at a CAGR of 23.17% until 2025.
