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SOFTWARE (NON-INTERNET/MOBILE)

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Stage

Acquired | Acquired

Total Raised

$2.3M

About Decision Support Services

Developer of software which aids in the analysis of consumer marketing programs

Decision Support Services Headquarter Location

11100 West 78th Street

Eden Prairie, Minnesota, 55344,

United States

(612)941-6000

Latest Decision Support Services News

Artificial Intelligence in Big Data Analytics and IoT Report 2020-2025: Focus on Data Capture, Information and Decision Support Services Markets - ResearchAndMarkets.com

Nov 3, 2020

This report evaluates various AI technologies and their use relative to analytics solutions within the rapidly growing enterprise and industrial data arena. The report assesses emerging business models, leading companies, and solutions. The report also analyzes how different forms of AI may be best used for problem-solving. The report also evaluates the market for AI in IoT networks and systems. The report provides forecasting for unit growth and revenue for both analytics and IoT from 2020 - 2025. The Internet of Things (IoT) in consumer, enterprise, industrial, and government market segments has very unique needs in terms of infrastructure, devices, systems, and processes. One thing they all have in common is that they each produce massive amounts of data, most of which is of the unstructured variety, requiring big data technologies for management. Artificial Intelligence (AI) algorithms enhance the ability for big data analytics and IoT platforms to provide value to each of these market segments. The author sees three different types of IoT Data: (1) Raw (untouched and unstructured) Data, (2) Meta (data about data), and (3) Transformed (valued-added data). Artificial Intelligence (AI) will be useful in support of managing each of these data types in terms of identifying, categorizing, and decision making. AI coupled with advanced big data analytics provides the ability to make raw data meaningful and useful as information for decision-making purposes. The use of AI for decision making in IoT and data analytics will be crucial for efficient and effective decision making, especially in the area of streaming data and real-time analytics associated with edge computing networks. Real-time data will be a key value proposition for all use cases, segments, and solutions. The ability to capture streaming data, determine valuable attributes, and make decisions in real-time will add an entirely new dimension to service logic. In many cases, the data itself, and actionable information will be the service. Select Report Findings: Global market for AI in big data and IoT as a whole will exceed $26B by 2025 Embedded AI in support of IoT Things/Objects will reach $5.7B globally by 2025 AI makes IoT data 25% more efficient and analytics 42% more effective for industry Overall market for AI in big data and IoT will be led by Asia Pac followed by North America AI in industrial machines will reach $638M globally by 2025 with collaborative robot growth at 42.5% CAGR AI in autonomous weapon systems will reach $182M globally by 2025 with AI in military robotics growing at 40.3% CAGR Machine learning will become a key AI technology to realize the full potential of big data and IoT, particularly in edge computing platforms Top three segments will be: (1) Data Mining and Automation, (2) Automated Planning, Monitoring, and Scheduling, and (3) Data Storage and Customer Intelligence Report Benefits: Identify the highest potential AI technology area opportunities Understand AI strategies and initiatives of leading companies Learn the optimal use of AI for smart predictive analytics in IoT data Understand the AI in Big Data, Analytics, and IoT ecosystem and value chain Identify opportunities for AI in Analytics for IoT and other unstructured data Key Topics Covered: 3.10 Deep Learning and Artificial Intelligence 3.11 Predictive Analytics and Artificial Intelligence 3.12 Internet of Things and Big Data Analytics 3.13 IoT and Artificial Intelligence 3.14 Consumer IoT, Big Data Analytics, and Artificial Intelligence 3.15 Industrial IoT, Big Data Analytics, and Machine Learning 3.16 Artificial intelligence and cognitive computing 3.17 Transhumanism or H+ and Artificial Intelligence 3.18 Rise of Analysis of Things (AoT) 3.19 Supervised vs. Unsupervised Learning 3.20 AI as New form of UI 4.0 AI Technology in Big Data and IoT 4.1 Machine Learning Everywhere 4.3 Enterprise Benefits of Machine Learning 4.4 Machine Learning in IoT Data 4.5 Ultra Scale Analytics and Artificial Intelligence 4.6 Rise of Algorithmic Business 4.7 Cloud Hosted Machine Intelligence 4.8 Contradiction of Machine Learning 4.9 Value Chain Analysis 5.1 Intelligence Performance Monitoring 9.1 AI in Big Data and IoT Market 2020 - 2025 9.2 AI in Big Data and IoT Market by Solution Components 2020 - 2025 9.3 AI in Big Data and IoT Market by Management Functions 9.4 AI in Big Data and IoT Market by Technology 9.5 AI in Big Data and IoT Market by Industry Vertical 9.6 AI in Big Data and IoT Market by Solution 9.7 AI in Big Data and IoT Market by Application 9.8 AI in Big Data and IoT Market by Deployment 9.9 AI in Big Data and IoT Market by AI System 9.10 AI in Big Data and IoT Market by AI Type 9.11 AI in Big Data and IoT Market by Connectivity 9.12 AI in Big Data and IoT Market by Edge Network 9.13 AI in Big Data and IoT Market in Smart City 9.14 AI in Big Data and IoT Market by Intent-Based Networking 9.15 AI in Big Data and IoT Market by Virtualization 9.16 AI in Big Data and IoT Market by 5G 9.17 AI in Big Data and IoT Market by Blockchain Networks 9.18 AI in Big Data and IoT Market by Region 10.0 Conclusions and Recommendations

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