article thumbnail

The Economy of Things: the next value lever for telcos

IBM Big Data Hub

Over the years, the Internet of Things (IoT) has evolved into something much greater: the Economy of Things (EoT). The number of IoT connected devices are growing in practically every industry, and is even predicted to reach 29 billion worldwide by 2030. These IoT connected devices form a critical backbone of data for industry.

IoT 57
article thumbnail

Conversational AI use cases for enterprises

IBM Big Data Hub

The emergence of NLG has dramatically improved the quality of automated customer service tools, making interactions more pleasant for users, and reducing reliance on human agents for routine inquiries. These technologies enable systems to interact, learn from interactions, adapt and become more efficient. billion by 2030.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Reimagining technology for the next generation

CIO Business Intelligence

A more recent phenomenon, the metaverse, will transform how businesses interact with customers, how work is done, what products and services companies offer, how they make and distribute them, and how they operate their organizations. We need to learn to interact in a way that promotes trust, specifically in the metaverse.

article thumbnail

Huawei’s 20-year journey in Malaysia

CIO Business Intelligence

Calls to bridge the digital divide have also become more urgent, especially to promote remote interactions and business activities, conducted through digital platforms and technologies. Huawei is fully committed to creating value for the communities and markets in which it operates. This was accomplished by the end of 2021.

article thumbnail

Boost Your Business Performance with Artificial Intelligence [AI].

Data Insight

trillion in 2030*. Manufacturing: Forecasting expected demand, process automation, precision cutting, analysis of IoT data. Retail: Virtual shopping with personalised recommendations, store layout and stock management, virtual customer assistance responding to enquiries outside of human interaction.

article thumbnail

How deep industry expertise enables breakthrough technology for today’s complex business needs

IBM Big Data Hub

Across industries, the exponential growth of technologies such as hybrid cloud, data and analytics, AI and IoT have reshaped the way businesses operate and heightened customer expectations. The overall engagement supports the company’s decarbonization goal to cut greenhouse gas (GhG) emissions intensity by 25% by 2030.

article thumbnail

Why We Started the Data Intelligence Project

Alation

The Bureau of Labor Statistics projects the job outlook for data scientists to grow 22% from 2020 to 2030. The vast volumes of data created by IoT, web interactions, and digital applications have given rise to new, data-centric roles. The job AI Specialist, which is closely related, is listed at #1 with 74% annual growth.