VENTURE CAPITAL
FIVE AI trends for 2021
The use of AI is permeating into an increasing number of vertical solutions within the enterprises . Digital advertising and demand forecasting is now often optimised with AI . This is a trend most experts expect to continue – to a point where most software solutions that use large volumes of data have some element of AI .
1 | Driven Dynamic Operating Models ( DDOM ) The digital transformation drive in 2020 caught many companies by surprise . COVID-19 will be seen as a significant inflection point in human history , changing human behaviour and perception . Dynamic operating models driven by AI predict crisis points quickly so that companies can react in a dynamic environment and lower the expense of decision making .
2 | Edge intelligence Tough environmental industries such as mining , oil and gas and off-shore operations will benefit from the rise in edge computing . Rugged on-site data centres will manage an increased number of sensors and features to maintain optimum operating ability and maintenance . Real-time data will apply solutions to potential problems before they occur . that industrial and engineering enterprises routinely face .
4 | Data analytics in computer vision Computer vision is a discipline of AI that sees computers gain high-level understanding from digital images or videos . From an engineering point of view , it attempts to analyse and automate tasks that the human visual system usually manages . With more than a third of companies globally operating in adaptive growth mode with the work-fromhome directives , this form of AI helps combat workplace disruption .
5 | AI and OEMs Original equipment manufacturers are set to increase their collaborative alliances with Deep Sensor AI partners to improve performance on low-risk decision making operations . Automating processes in as many areas of manufacturing as possible will streamline businesses and improve productivity levels . Edge computing and AI solutions will become commonplace .
3 | Integrated AI-driven microeconomics for financials Many industrial companies are yet to model the microeconomics of engineering operations into their financial outcomes . This situation is likely to change soon because of the highly competitive landscape , constant pricing pressures , and fluctuating demand cycles
100 April 2021