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AI Is Changing the Automotive Industry Forever

Smart Data Collective

However, we have quickly realized that ChatGPT has benefits that go well beyond writing more efficiently. A couple of weeks ago, General Motors started testing the benefits of ChatGPT in its products. billion last year , but it is projected to be worth nearly $20 billion by 2030.

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4 Steps to Streamline Your Contact Centre Spend

CIO Business Intelligence

The contact center software market is expected to grow at a 21% compound annual growth rate ( CAGR ) from 2022 to 2030. But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency.

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How Gilead used Amazon Redshift to quickly and cost-effectively load third-party medical claims data

AWS Big Data

Because Gilead is expanding into biologics and large molecule therapies, and has an ambitious goal of launching 10 innovative therapies by 2030, there is heavy emphasis on using data with AI and machine learning (ML) to accelerate the drug discovery pipeline. The peak workload includes loading periodic large datasets in multi-terabyte range.

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Big Data Helps Drive the Future of Virtual Healthcare

Smart Data Collective

Global healthcare companies are projected to spend over $105 billion on big data by 2030. One of the biggest benefits of big data in healthcare has been in the field of virtual healthcare. Big data makes it easier for doctors to leverage the benefits of healthcare apps. Big data technology is shaping the future of healthcare.

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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

billion by 2030. The digital twins at McLaren are also used to run simulations for the design of new parts and then to test them for performance and reliability before they are manufactured and installed in the racing cars. Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5

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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

Regardless, given the wide range of predictions for AGI’s arrival, anywhere from 2030 to 2050 and beyond, it’s crucial to manage expectations and begin by using the value of current AI applications. While cost wasn’t the primary driver, it reflects a growing belief that the value generated by gen AI outweighs the price tag.

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Conversational AI use cases for enterprises

IBM Big Data Hub

Organizations across industries increasingly benefit from sophisticated automation that better handles complex queries and predicts user needs. It signifies a shift in human-digital interaction, offering enterprises innovative ways to engage with their audience, optimize operations, and further personalize their customer experience.