Almost every industry is preparing for the future by integrating with Artificial Intelligence (AI) solutions. According to IDC's latest data, world spending on AI is expected to double in four years from $50.1 billion in 2020 to $104 billion in 2024. AI is the key factor driving digital transformations by organizations. The companies that have adopted AI are expected to increase their competitiveness by 2.3 times in 2021. The largest share of software spending—$14 billion—will go to AI applications.
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