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AI Technologies heading towards 2021

AI-powered technologies are impacting almost every sector.

Artificial Intelligence and its Advanced technologies have shown tremendous growth. And with the kind of demand, this technology has created we can say that it has still tremendous potential for growth. It is said that by, 2025 the total market for AI shall reach almost $60 billion. Not only that it is believed what its contribution to the Global GDP, shall reach about $15.7 trillion by 2030. And with these kinds of numbers, it's quite clear that if the business has to gain sustainable growth they shall have to leverage themselves with AI Technologies. Now let us take look into few AI technologies and their impact on the market.

  • Predictive Analytics Senors

Predictive Analysis Sensors are extremely helpful for business. As these AI-powered technologies sensors are used in solving the problems related to asset failure. As we know it's extremely important for any business to prevent asset failure as it may give rise to a number of issues. But this technology which is based on machine learning, and predictive analyzing sensors help in identify patterns at an early stage. The AI-powered components on which its working is base is,

  1. Sensors
  2. Data Communications
  3. Central Database
  4. Predictive Analysis
  5. Cause of Analysis
  • Asset Tracking Solutions

Asset tracking Solution is one more AI-powered technology to look out for in the coming years. It is also known as RLTS (real-time tracking solution). Is an extremely interesting AI_powered technology that is to tracks or locates people automatically. Here for its working, hardware which is known as tag is fixed to an asset than with software which takes the help of ultra-wideband technology is used to track the assets. This technology holds a lot of potentials and is expected to grow in the coming years.

  • AI Modeling

AI Modeling is one of the extremely important and helpful AI-powered technologies for manufactures. This machine learning technology is helping the manufacturer in optimizing their production by working on filling the gap between what they have whats their goal.

  • Medical Imaging

One of the sectors where AI-powered technologies have started showing their impact and are doing wonders then that has to be definitely the health care sector. Here AI-powered imaging is also known as a tool that is used in the diagnosis of many critical diseases at a very early stage. Though this is still an emerging technology with the help of Machine learning and its algorithms, it's definitely going to be a game-changer.

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