Top 5 AI and Machine Learning Trends For 2022
Artificial intelligence and machine learning are becoming a dominating part of the tech industry by helping businesses achieve goals, drive critical decisions, and create innovative products and services.
In 2022, companies are predicted to have an average of 35 artificial intelligence projects in their organizations.
In fact, the AI and ML market is likely to grow $9 billion by 2022, at a CAGR of 44%.
In recent years, AI and ML technologies saw several breakthroughs. Let’s go through the top trends in AI and ML for 2022 that will give you ideas on how to control your market:
1. Increased Role of AI, Data Science, and ML in Hyper Automation
Hyper Automation is the process of using advanced technologies to automate tasks. It is also called Digital Process Automation and Intelligent Process Automation.
Nowadays, companies are working with lots of data and data extraction requires automation. Data science and analysis can be found everywhere. We have entered a new era of data science generation because data science tools are more accessible nowadays.
Data Scientist, Enterprise Architect, Machine Learning Scientist, Applications Architect, and Data Engineer are some of the careers that are in great demand. Data science is being used in a variety of industries such as finance companies, manufacturing firms, insurance agencies, marketing firms, and others.
Intelligent automation is used by organizations for conducting research to boost their bottom line.
Advanced technologies generally used in hyper automation are:
Robotic Process Automation (RPA).
Artificial Intelligence (AI).
Machine Learning (ML).
Cognitive process automation.
Intelligent Business Process Management Software (iBPMS).
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