AI STRATEGY
The
future of cloud AI
“ MOVING THE TOOLS TO THE CLOUD HAS ALLOWED INNOVATION AND EXPERIMENTATION TO BE FASTER AND CHEAPER ”
DAVID WALKER FIELD CTO , EMEA , YUGABYTE
The rise of cloud-based technology supporting market growth The demand for cognitive computing services is expected to skyrocket . According to Grand View Research , the global market is expected to reach US $ 49.36bn by 2025 .
Further research echoes these findings . Data Bridge Market Research published a report titled , “ Cognitive Computing Market Global Growth , Trends , Opportunities and COVID-19 Impacts ”. According to the report , the cognitive computing market is expected to witness growth during the forecast period due to growing demand at the enduser level .
Its report also says the global cognitive computing market is set to witness a healthy compound annual growth rate ( CAGR ) of 32.13 % in the forecast period by 2026 . This growth is expected to be driven by the rising adoption of cloud-based technology and technological advancement & development in cognitive computing . aimagazine . com 49