AI Magazine August 2021 | Page 97

TOP 10

Artificial Intelligence companies

to watch this year

Analysts IDC forecast Artificial Intelligence ’ s fiveyear Compound Annual Growth Rate will be 18.4 % in 2021 , with revenues reaching $ 37.9 billion by 2024

Artificial Intelligence is becoming a growing force in business , with entire industries being reshaped by the technology . Additionally , AI companies attract massive investment from venture capitalist firms and the tech giants such as Microsoft and Google recognise the potential for further growth in corporate and personal use . AI research is growing quickly in quantity and complexity , as are AI job openings across a multitude of industries . Companies are leveraging cloud and edge computing , with machine learning leading the pack at the moment . However other technology categories are in the running , from predictive analytics to business intelligence and data warehouse tools , to deep learning . As such , today ’ s top AI companies are leaders in what is still an emerging technology .

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