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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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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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From Bolts to Bots: How AI Is Fortifying the Automotive Industry

Smart Data Collective

billion on AI by 2030. There are a lot of benefits of utilizing AI technology in the automotive sector. Many companies are using AI to create more energy efficient and cost-effective vehicles. Although there are many benefits of embedding AI in these cars, one of the biggest selling points is that it makes vehicles safer.

IoT 108
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Application Development Consulting Helps Companies Get the Most of AI

Smart Data Collective

trillion by 2030. The market for AI is growing due to its obvious benefits. Benefits of hiring Application development consulting to take advantage of the power of AI. ? Finding an appropriate management software solution, on the other hand, would require a significant amount of work and testing.

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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.

Big Data 109
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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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The benefits of AI in healthcare

IBM Big Data Hub

Artificial intelligence is used in healthcare for everything from answering patient questions to assisting with surgeries and developing new pharmaceuticals, benefitting both patients and healthcare systems. How does artificial intelligence benefit healthcare? Also, that algorithm can be replicated at no cost except for hardware.