ML is a major component of AI with significant growth driven by continuing improvements in processor price/performance and associated innovations in software and algorithms. ML is being used to solve complex business/industry challenges. Deep Learning (DL), a subset of ML, is widely used in speech and image recognition, neural networks, and other cognitive applications.
ML is widely used in telecommunications, automotive/manufacturing, healthcare, banking and finance, fraud detection, and so on. ML as a Service is forecast to grow to $3.76 billion by 2021, at a CAGR of 43.7%. Even firms with limited financial resources are leveraging ML for competitive advantage. AI/ML/DL are game-changers today and in the future.
Cabot Partners provides customized strategic advisory services for AI/ML/DL to:
- IT Solution Providers: Help build and grow desired revenue and profitability of their AI platforms by delivering white papers, market/competitive/quantitative assessments, Total Value of Ownership (TVO) Studies, 3D animation videos, webinars, solution briefs, eBooks…etc.
- Enterprises: Help navigate the complexities of the technology landscape, to gain competitive advantage and to optimize their AI initiatives.
Here are some examples: