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AI funding frenzy tags cloud-scale computing as enterprises point of differentiation

AI funding frenzy tags cloud-scale as the point of differentiation

SHARE Data is at the core of today’s digital revolution, but its refinement processes have become points of differentiation for enterprises. As companies convert raw data into actionable insights, artificial intelligence signals a burgeoning ecosystem of management models. It’s a startup haven of sorts, with cloud native newcomers attributing success to the scalability of modern computing. The current wave of AI startup investment has received $16.5 billion in capital over the three months of the fourth quarter 2020, according to financial analysis from PitchBook Data Inc. The boom is continuing, with the latest figures from International Data Corp. showing a 16.4% year over year growth for the overall AI and machine learning market in 2021, with the AI software platforms market coming in strongest at a predicted compound annual growth rate of 32.7% between 2020 and 2024.

New EMA Radar™ Report on the Unified Analytics Warehouse Examines 12 Vendor Solutions and Provides Guidance to Analytics Buyers

Watch live: Think 2021 reimagines the digital experience as IBM powers up hybrid cloud with automation

SHARE As businesses take stock after the panic of overnight transformation, they are seeing a post-COVID business world that looks very different from its pre-pandemic incarnation. Remote operations and the need to rapidly respond to the changing economic climate have made cloud computing essential for modern business survival. Adapting means adopting hybrid cloud. But stepping smoothly from a legacy or pure cloud environment into one where applications and data are dispersed across multiple clouds, on-premises, and even in devices out there at the edge, is a hard task. This is the backdrop of IBM’s Think 2021 event. Scheduled to be held virtually in a series of sessions, workshops, learning opportunities and networking sessions, the conference is taking place May 11 in the Americas and May 12 for Africa, the Asia-Pacific region, Europe and the Middle East. With a focus on success in the digital economy, the conference will spotlight real-life use cases for hybrid cloud and arti

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