AI, ML, IoT and DLT to See the Green Light in 2019, Blockchain Adoption Reaches 44%

IoT applications and services have registered the greatest significant impact. IoT has enabled businesses collect and ascertain real-time data to help everything from battening the client experience to streamlining supply chain activities.

AI to Prosper 

The integration of ML and AI into a wide range of services has enabled the technology to become easily accessible and digestible in 2018 compared to how it used to be in previous years.

AI is used to sharpen the recruitment processes in various companies, especially in skimming through job descriptions in order to shortlist applicants and other candidates. Deploying Ai-based tool helps in saving time and effort, since the tool auto-matches an applicant with best-in-class members, hence the latter works as a benchmark. According to the Cycle of Progress (CoP) survey that was recently carried out across the world, shows that around 46% of the world businesses surveyed have already adopted AI.

“About 43% of decision makers see AI as having a positive impact, and only 3% of business leaders think that it will have a negative impact,” Srinivasan said.