Artificial Intelligence and Machine Learning Market Size, Share, Trends, Analysis, and Future …
Artificial Intelligence and Machine Learning Market Size, Share, Trends, Analysis, and Future …
New Jersey, United States: A detailed research study on the Artificial Intelligence and Machine Learning Market was recently published by Market Research Intellect. This is the latest report to cover the current impact of COVID-19 on the market. The coronavirus pandemic (COVID-19) has affected all aspects of life around the world. This resulted in several changes in market conditions. The rapidly changing market scenario along with the initial and future assessment of the impact is covered in the report. The report provides an accurate analysis of the growth factors influencing the current business scenario in different regions. Important information about industry size, proportion, application, and analyzing statistics is summarized in the report to present an overall forecast. Additionally, this report also provides an in-depth competitive analysis of major market players and their strategies over the projection period.
The latest report on the Artificial Intelligence and Machine Learning Market consists of an analysis of this industry and its segments. According to the report, the market is expected to generate substantial returns during the forecast period and experience significant year-over-year growth.
Artificial Intelligence and Machine Learning Market: Competitive Landscape
The Artificial Intelligence and Machine Learning Market report consists of the Competitive Landscape section which provides a complete and in-depth analysis of current market trends, changing technologies, and enhancements that are of value to companies competing in the market. The report provides an overview of sales, demand, futuristic costs and data supply as well as a growth analysis in the forecast year. The key vendors in the market that are performing the analysis are also clearly presented in the report. Their development plans, their growth approaches, and their merger and acquisition plans are also identified. Information specific to a keyword in each of these regions is also provided. This report also discusses the submarkets of these regions and their growth prospects.
Major Key Players Operating in the Market:
Artificial Intelligence and Machine Learning Market Segmentation
The report contains the market size with 2019 as the base year and an annual forecast up to 2027 in terms of sales (in million USD). For the forecast period mentioned above, estimates for all segments including type and application have been presented on a regional basis. We implemented a combination of top-down and bottom-up approaches to market size and analyzed key regional markets, dynamics and trends for different applications.
Artificial Intelligence and Machine Learning Market Segment by Type:
Artificial Intelligence and Machine Learning Market Segment by Application:
Artificial Intelligence and Machine Learning Market Regional overview:
In the report, experts analyze and forecast the Artificial Intelligence and Machine Learning market on a global as well as regional level. Taking into account all aspects of the market in terms of regions, the focus of the report is on North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The prevailing trends and various opportunities in these regions are studied that can convince the growth of the market in the forecast period 2020 to 2027.
Reasons to Buy the Artificial Intelligence and Machine Learning Market Report:
• Outlook analysis of the Artificial Intelligence and Machine Learning market sector with current trends and SWOT analysis.
• This study evaluates the dynamics, competition, industrial strategies and strategies of the emerging countries.
• This report has a comprehensive guide that provides market insights and detailed data on each market segment
• Market growth factors and risks are presented.
• More precise information provision on the Artificial Intelligence and Machine Learning market for different countries.
• Provide visions on factors influencing the growth of the market.
• Market segmentation analysis, including quantitative and qualitative research considering the impact of economic and non-economic aspects
• Comprehensive company profiles with product offerings, important financial information and the latest developments.
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About Us:
Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage, and more. These reports deliver an in-depth study of the market with industry analysis, the market value for regions and countries, and trends that are pertinent to the industry.
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Market Research Intellect
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Published at Tue, 08 Dec 2020 02:26:15 +0000
NAB turns to artificial intelligence to assess small business loans
NAB reshaped its innovation strategy in June under a new group executive for strategy and innovation, Nathan Goonan. Mr Silby said AI was a “significant topic within our innovation agenda”.
After the Australian Human Rights Commission warned companies using AI in November to ensure they adhere to discrimination laws, given the potential for AI algorithms to create biases by using historical data sets, Mr Silby said consent and privacy were “obviously important” and data will only be used to assess customers when they consent to it.
“We have data privacy and data ethics to consider as we continue this journey,” he said. “Algorithmic bias is something we are very aware of as a problem that can crop up in the use of AI decision-making, and we have done a lot of work on that and have specific activities underway to understand algorithmic bias if it is occurring and addressing that.”
“How to use AI ethically is the foundation of this partnership and we have invested very heavily in making the AI model transparent and explainable,” Rich Data chief executive Ada Guan said.
Ms Guan, formerly of Westpac, said the technology should help make more credit available and should reduce the need for lengthy application processes. Rich Data works in China with Inspur, which manages IT governance for 110 local government bodies there, to assist banks to use government data to allow lenders to extend credit to more small businesses.
NAB’s expanding use of AI comes after its business banking boss Andrew Irvine said in an interview earlier in December that some of the processes at NAB “are heavier than I’m used to” compared with Canada, where he worked before joining NAB.
“There is more paper in the process and more elements to the process,” he said. “In some of our lending processes, there are 20 different processes that need to get done, and I want to collapse those meaningfully so that we are faster and stronger.”
Published at Mon, 07 Dec 2020 23:15:00 +0000
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