Specifically, IT initiatives that stage the processes on a podium are all muddled, confused, mixed-up, and interchangeable. Mismatching of concepts, overlapping ideas, interweaving with each other, remain quite distinct. In short, these terms open up the organization to possibilities that were not there before. It becomes so important to understand the nuances, purpose, specifics, and value of each concept to fetch the real meaning of the world of big data.
International Data Corporation (IDC) predicts the global revenue for Artificial Intelligence (AI) market, including software, hardware, and services, to grow from a mere $19.6% to $432.8% (in billions). Also, the compound annual growth rate (CAGR) for global BDA spending over the 2021-2025 forecast period will be 12.8%.
(Source)
