The Top 5 Industry Use Cases for Conversational AI

Top Industry Use Cases For Conversational Ai

Artificial Intelligence (AI) is one of the most pervasive technologies in use today. With the human language being the medium to how we communicate, it is no surprise that Conversational AI (CAI) is becoming the most prominent frontier of this technology. Many businesses today are enlisting the help of conversationally intelligent chatbots to stay competitive.

According to Markets and Markets, the expected global Conversational AI market size is set to grow from USD 4.8 billion in 2020 to USD 13.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.9%.

Therefore, companies, industry leaders, and employees need to understand precisely what Conversational AI is, why it’s essential, and the many use cases of this AI application disrupting Healthcare, IoT Devices, Retail, HR, and and Banking Industry. 

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Unleashing the True Power of Industrial IoT

Unleashing the True Power of Industrial IoT Ft Image

The Internet of Things is an enormous network of smart devices which together work to collect and analyze data. Between the year 2014 and 2017, the global IoT market was projected to double its size, thereby passing the one trillion U.S. dollars mark by the same. On the same side by the year 2019, the global IoT market will be valued at more than 1.7 trillion U.S. dollars with the number of connected devices to reach 20.35 billion in the same year. Companies in the sector like transportation, Oil & Gas, and travel invest 0.6% of their revenue on IoT, which makes up to 128.87 million U.S. dollars.

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6 Success Tips from Experienced Investors

6 Success Tips from Experienced Investors

There is no better way to learn than from your elders. Some investors have spent decades trading, in which they’ve seen how the market behaves. Nobody can predict where it will go next, but having experience and knowing history can be huge advantages. Fortunately, many are willing to share their knowledge, and here are some examples of their wisdom over the years.

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3 Hot Industries Heralding the Future

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This year’s NBA season opener celebrated the first anniversary of the league’s embracing of virtual reality, brought about by last year’s live VR broadcast of the opening game between the Warriors and Pelicans. This season, starting with the Kings’ home opener against the Spurs, the NBA and NextVR have committed to live streaming at least one NBA League Pass regular season game per week, marking the first time a major pro sports league has offered regularly-scheduled virtual reality broadcasts. The NBA’s embrace of virtual reality signifies the league’s recognition that VR is one of today’s hottest emerging markets, projected by IDC to grow at a compound annual growth rate of 181.3 percent over the next five years, from $5.2 billion in 2016 to $162 billion in 2020. Here are a few other hot industries that are poised for explosive growth over the next few years.

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