Security News > 2018 > September > Spending on cognitive and AI systems to reach $77.6 billion in 2022

Spending on cognitive and AI systems to reach $77.6 billion in 2022
2018-09-21 04:30

Global spending on cognitive and artificial intelligence (AI) systems is forecast to continue its trajectory of robust growth as businesses invest in projects that utilize cognitive/AI software capabilities. Spending on the rise According to a new update to the IDC Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide, spending on cognitive and AI systems will reach $77.6 billion in 2022, more than three times the $24.0 billion forecast for 2018. The compound annual growth rate … More → The post Spending on cognitive and AI systems to reach $77.6 billion in 2022 appeared first on Help Net Security.


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