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European enterprises rapidly deploying AI technology

Monday, December 30, 2024 by Russ Scritchfield

European enterprises are rapidly deploying artificial intelligence (AI) and automation technologies, with 92% of organizations having implemented these solutions over the last two years, according to new research from Digitate, a leading provider of AI-powered software for IT and business operations. However, the report, titled ‘The Race to Outpace: How AI and Aut...

4 barriers to AI Adoption

Tuesday, July 21, 2020 by Richard Harris

Some of the largest companies in the world are either already implementing, or are strategically planning for AI. And a recent study from Tractica found that global AI software revenue is expected to grow from $10.1 billion in 2018 to $126 billion by 2025. But even with adoption by large companies, many businesses seem to be weary of jumping into AI - even when they ...

Designing a home with AI apps

Wednesday, May 17, 2017 by Richard Harris

Interior design app Planner 5D will be incorporating AI into its apps in order to help users create their dream home design with a click of a button.According to a new report from Tractica, AI software application will grow from $1.4 billion in 2016 to $60 billion by 2025. AI is currently taking over various professions, often proving that artificial mind can be more po...