Artificial Intelligence and Machine Learning Trends for 2022
Artificial intelligence and machine learning have already influenced businesses all over the world. These technologies are powerful enough to transform every industry by assisting organizations in achieving their business objectives, making important choices, and developing innovative goods and services.
In fact, the AI/ML industry is expected to grow at a compound annual growth rate of 33 percent by 2027. And expert estimates suggest businesses will have at least 35 AI initiatives in their operations by 2022.
Where does your organization stand with artificial intelligence and machine learning initiatives? If you’re still mapping out a plan, here are some trends to consider heading into 2022.
- An efficient workforce – As businesses began to incorporate AI and ML technologies and bring literacy within their teams, they noticed that working alongside machines with smarter cognitive functionality boosted their employees’ abilities and skills.
- Enhanced cybersecurity – Artificial intelligence and machine learning tools can play a significant role in cybersecurity. For example, AI/ML algorithms can analyze higher network traffic and recognize patterns of malicious virtual activities.
- The metaverse – The metaverse is a virtual world, like the internet, where users can work and play together with immersive experiences. Artificial intelligence and machine learning will be key to the metaverse. These technologies will allow an enterprise to create a virtual world where its users will feel at home with virtual AI bots.
- Hyper automation – With help from AI and ML technologies, more businesses will automate multiple yet repetitive processes that involve large volumes of information and data. This Artificial intelligence and machine learning trend allows businesses to bring down their dependence on the human workforce and to improve the accuracy, speed and reliability of each process.
Artificial intelligence and machine learning are the future of digital transformation, so don’t let your organization get left behind. 2W Tech can help you embrace Industry 4.0. We’re a technology service provider specializing in solutions for the manufacturing industry. Call us today so we can help with your digital transformation.