Artificial Intelligence (AI) - R&D and Applications Roadmap is part of the TechVision (Information & Communication) Growth Partnership Service program. Leveraging convergent ideas with technologies, AI can open up new horizons in groundbreaking applications. Moving beyond syntactical understanding of human words, future applications will understand the semantics hidden in human language, and observe, understand, and detect objects accurately in their surroundings, making them more responsive. Additionally, the study explores the roadblocks to technology implementation.
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AI has complex hardware and software infrastructural requirements, as the intelligent algorithms require exceptional processing capabilities to process large data sets in real time. Innovators, with incremental technology evolution, are successfully meeting these needs. Innovations in natural language processing, robotics, cybersecurity and computer vision will spawn novel applications that transform the way humans interact with smart devices.
Academia and corporates all over the world are conducting extensive research to make AI more intelligent. The United States is responsible for almost 35 percent of the patents in AI, followed by China, World Intellectual Property Organization (WIPO), Japan, Europe and South Korea.
"AI is being widely used across sectors like healthcare, automotive, banking and finance, and aerospace and defense due to its ability to understand patterns in data and make highly accurate predictions and simulations," noted Guha Thakurta. "In due course, it will be an integral component powering future cognitive computing systems that have processing power and intelligence similar to human beings."
Frost & Sullivan's global TechVision practice is focused on innovation, disruption and convergence, and provides a variety of technology-based alerts, newsletters and research services as well as growth consulting services. Its premier offering, the TechVision program, identifies and evaluates the most valuable emerging and disruptive technologies enabling products with near-term potential. A unique feature of the TechVision program is an annual selection of 50 technologies that can generate convergence scenarios, possibly disrupt the innovation landscape, and drive transformational growth. View a summary of our TechVision program by clicking on the following link: http://ifrost.frost.com/TechVision_Demo.
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