Smart Machines Will Enter Mainstream Adoption By 2021.

Smart Machines Will Enter Mainstream Adoption By 2021.

Foto: Fotolia

Smart machines will enter mainstream adoption by 2021, with 30 percent adoption by large companies, according to Gartner. Technologies including cognitive computing, artificial intelligence (AI), intelligent automation, machine learning and deep learning fall under the umbrella term for smart machines.

"The use of smart machines by enterprises can be transformative and disruptive. Smart machines will profoundly change the way work is done and how value is created. From dynamic pricing models and fraud detection, to predictive policing and robotics, smart machines have broad applicability in all industries," said Susan Tan, research vice president at Gartner. "For service providers, smart machines represent opportunities to help enterprises assess, select, implement, change and adapt talent, and for IT and business processes, the opportunity to successfully adopt smart machines for business benefits."

The opportunity for consulting and system integration (C&SI) services will range from advising enterprises to help them sort through the hype to helping with strategic design, training of the smart machines, deployment and integration to expansion and ongoing refinement. These opportunities will help drive spending on smart machine C&SI services from $451 million in 2016 to nearly $29 billion in 2021.

Table 1 - Worldwide Consulting and System Integration (Implementation) for Smart Machines (Millions of Dollars)

Device Type

2016

2017

2018

2019

2020

2021

Consulting

360

1,648

3,616

5,726

7,712

8,688

Implementation

90

706

2,411

5,726

11,568

20,273

Total

451

2,354

6,027

11,453

19,280

28,961

Source: Gartner (December 2016)

The spectrum of subtechnologies within smart machines will be adopted at different speeds and timings, with the majority of smart technologies being mainstream adopted in the 2020 through 2025 time frame. Enterprises' investments into smart machines will span more than a decade, implying that the smart machine C&SI service market will be a long-term one.

"Over time, the increased C&SI opportunity created by the growing number of companies implementing more complex smart machine programs is expected to be counter-balanced by the a reduction in costs of adoption, as every subsequent adoption of the same smart machine solution will be less expensive and faster," said Tan. "In the long term (about 10 years), smart machines will be an integral set of tools in the toolkit of C&SI service providers and infused into all next-generation services offerings."

More from category

Global Language Processing Market to Grow Over 13% a Year Until 2021.

Global Language Processing Market to Grow Over 13% a Year Until 2021.

22 Jun 2017 comment

Technavio analysts forecast the global language processing market to grow at a CAGR of over 13% during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global language processing market for 2017-2021.

Qubit Releases Data on More Than 2 Billion User Journeys

Qubit Releases Data on More Than 2 Billion User Journeys

21 Jun 2017 comment

Qubit has released the results of an analysis of more than two billion user journeys and 120 million purchases to determine the potential revenue uplift that ecommerce businesses can expect from specific optimization techniques.

Worldwide Shipments of AR and VR Headsets Expected to Grow at 58% CAGR

Worldwide Shipments of AR and VR Headsets Expected to Grow at 58% CAGR

21 Jun 2017 comment

Augmented Reality (AR) and Virtual Reality (VR) continue to gain momentum in the mainstream tech media. According to recent forecast data from the International Data Corporation (IDC). AR and VR headsets collectively are expected to grow at a very strong pace from just under 10 million units in 2016 to just shy of 100 million units in 2021, with a 5-year CAGR of 57.7%.