AI software will grow from $1.4 billion in 2016 to $59.8 billion by 2025 says Tractica

Date : 05/10/2017 @ 10:00AM
Source :InvestorsHub NewsWire
Stock : Breaking Data Corp (QB) (BKDCF)
Quote : 1.042  0.0371 (3.69%) @ 12:44PM

AI software will grow from $1.4 billion in 2016 to $59.8 billion by 2025 says Tractica

Investing in Artificial Intelligence Stocks ; AI software will grow from $1.4 billion in 2016 to $59.8 billion by 2025 says Tractica

Point Roberts, WA, May 10, 2017 Investorideas.com, a global news source and investor resource covering technology and artificial intelligence stocks ( AI) issues a snapshot on the sector and a preview of its stock directory.

According to a recent report from Tractica, "interest in implementing AI systems is surging among companies and institutions around the world. The market intelligence firm forecasts that the revenue generated from the direct and indirect application of AI software will grow from $1.4 billion in 2016 to $59.8 billion by 2025. This forecast represents an upgrade of Tracticas previous projection for AI market growth, which was published in 3Q16, owing to a greater than anticipated pace of change and development in the AI sector.

Artificial intelligence (AI) technologies are being deployed for an increasing variety of use cases across consumer, enterprise, and government markets around the world. AI, which is defined as an information system that is inspired by a biological system, is an umbrella term that includes multiple technologies, such as machine learning, deep learning, computer vision, natural language processing (NLP), machine reasoning, and strong AI.

The analyst also adds that the largest market opportunities for AI during the next decade will be in the advertising, finance, healthcare, consumer, and aerospace sectors, all of which are actively pursuing the opportunity to leverage advanced data analytics, vision, and language capabilities for the enhancement of business processes and the creation of new business models. Other key industries for AI adoption will include automotive, business services, investment, media & entertainment, and legal. "

Source : https://finance.yahoo.com/news/artificial-intelligence-software-revenue-reach-164700930.htm

AI Stock Directory Preview:

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Breaking Data Corp. (TSX VENTURE:BKD.V) (OTC PINK:BKDCD) is a technology provider of a range of Artificial Intelligence services including; semantic search, machine learning and natural language processing ("NLP"). The Company's technology platform has many practical applications, in multiple business and consumer verticals that are immersed in massive media and data rich settings. The Company's showcase app, BreakingSports, utilizes semantic machine learning and NLP to track social media in a fully automated, real-time manner for significant sports information and events and distributes summarized information through real-time push notifications to consumers.

About GIVEMESPORT: http://www.givemesport.com/

GIVEMESPORT, Breaking Data's recent acquisition, is a leading next generation sports media company with the largest single publisher Facebook page in the world, with over 26 million fans. The next largest single sports publisher Facebook page is ESPN with 15.2 million fans. GIVEMESPORT's content generates over 3.6 billion impressions (Feb-17), reaching over 138 million unique users (Feb-17) per month on Facebook alone. Visit GIVEMESPORT's Facebook page at https://www.facebook.com/GiveMeSport/

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Artificial Intelligence (AI) and Robotics Stocks full list see here http://www.investorideas.com/TSS/stock_list.asp#Robotics

Amazon.com, Inc. (NasdaqGS: AMZN) is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. AI: *Amazon leverages AI technology in a number of ways. On the consumer-facing side of its business, Amazon's machine algorithms power its website recommendations and Alexa personal assistant. However, in true Amazon fashion, the company has also created an entirely new source of revenue from its own internally developed AI capabilities. *Source: http://www.fool.com/investing/2016/12/02/how-top-artificial-intelligence-stocks-are-perform.aspx

Apple Inc. (NasdaqGS:AAPL) designs Macs, the best personal computers in the world, along with OS X, iLife, iWork, and professional software. AI Siri

Cognex (NasdaqGS:CGNX) designs, develops, manufactures and markets a range of products that incorporate sophisticated machine vision technology that gives them the ability to see. Cognex products include barcode readers, machine vision sensors and machine vision systems that are used in factories, warehouses and distribution centers around the world to guide, gauge, inspect, identify and assure the quality of items during the manufacturing and distribution process. Cognex is the world's leader in the machine vision industry. Robotics

Artificial Intelligence (AI) and Robotics Stocks full list see here http://www.investorideas.com/TSS/stock_list.asp#Robotics

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