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The adoption of AI technologies across industries will drive new business models, drive operational efficiencies and create strategic differentiation, Frost & Sullivan says.
Saint Anthony, August 15, 2022 /PRNewswire/ — Artificial intelligence (AI) will create new revenue and growth opportunities for startups and global information and communications technology (ICT) companies, finds a recent analysis by Frost & Sullivan. Global Artificial Intelligence (AI) Market. The adoption of AI technologies across industries will result in new business models, drive operational efficiencies and create strategic differentiation. In addition, the pace of digital transformation and AI adoption has increased as organizations explore new ways to create sustainable business models and increase customer value.
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“The journey towards widespread AI adoption requires a comprehensive AI strategy coupled with an ethical and responsible framework to ensure sustainable and long-term adoption,” he said.ICT industry analyst at Frost & Sullivan.. “Going forward, it will require aligning all technology stakeholders with the deployment of AI technologies within the organization and throughout the AI ​​development and management lifecycle.”
Patel added, “The digitization of data-driven business models and operational applications has created massive amounts of data that need to be effectively analyzed to unlock their true potential. As a result, organizations are expected to create data readiness over the next three years.” It deploys AI and uses disruptive AI technologies to strengthen competitiveness and build sustainable business models.
Market participants looking to take advantage of the expanding AI market and growth opportunities:
- Partner with Consulting service companies To provide consulting skills to clients.
- Integrate AI capabilities Vertical / horizontal Create enterprise solutions or industry-specific solutions.
- Develop infrastructure management platforms and tools to effectively deploy AI technologies and provide easy management to customers Edge data center Utilities, networks and security.
- Build it Domain skills Develop strategic partnerships around use cases or with consulting service providers and industry participants with relevant functional capabilities.
Opportunities for the development of global artificial intelligence It is the latest addition to Frost & Sullivan. ICT Research and analytics are available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth and succeed in an uncertain future.
About Frost and Sullivan.
For more than six decades, Frost & Sullivan has helped Fortune 1000 companies, governments and investors build sustainable growth strategies. We apply actionable insights to navigate economic changes, identify disruptive technologies, and shape new business models to create new growth opportunities that drive future success. Contact us: Start the conversation
Opportunities for the development of global artificial intelligence
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Source Frost and Sullivan.
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