This past year has been a strange one in many respects: an ongoing pandemic, inflation, supply chain woes, uncertain plans for returning to the office, and worrying unemployment levels followed by the Great Resignation. After the shock of 2020, anyone hoping for a calm 2021 had to have been disappointed.
Data management and digital transformation remained in flux amid the ups and downs. Due to the ongoing challenges of the COVID-19 pandemic, as well as trends that were already underway prior to 2021, this retrospective article has a variety of enterprise AI, machine learning and data developments to cover.
Automation was a buzzword in 2021, thanks in part to the advantages that tools like automation software and robotics provided companies. As workplaces adapted to COVID-19 safety protocols, AI-powered automation proved beneficial. Since March 2020, two-thirds of companies have accelerated their adoption of AI and automation, consultancy McKinsey & Company found, making it one of the top AL and data trends of 2021.
In particular, robotic process automation (RPA) gained traction in several sectors, where it was put to use for tasks like processing transactions and sending notifications. RPA-focused firms like UiPath and tech giants like Microsoft went in on RPA this year. RPA software revenue will be up nearly 20% in 2021, according to research firm Gartner.
But while the pandemic may have sped up enterprise automation adoption, it appears RPA tools have lasting power. For example, Research and Markets predicted the RPA market will have a compound annual growth rate of 31.5% from 2021 to 2026. If 2020 was a year of RPA investment, 2021 and beyond will see those investments going to scale.
Micro-automation is one of the next steps in this area, said Mark Palmer, senior vice president of data, analytics and data science products at TIBCO Software, an enterprise data company. Adaptive, incremental, dynamic learning techniques are growing fields of AI/ML that, when applied to the RPAs exhaust, can make observations on the fly, Palmer said. These dynamic learning technologies help business users see and act on aha moments and make smarter decisions.
Automation also played an increasingly critical role in hybrid workplace models. While the tech sector has long accepted remote and hybrid work arrangements, other industries now embrace these models, as well. Automation tools can help offsite employees work efficiently and securely -- for example, by providing technical or HR support, security threat monitoring, and integrations with cloud-based services and software.
However, remote and hybrid workers do represent a potential pain point in one area: cybersecurity. With more employees working outside the corporate network, even if for only part of the work week, IT professionals must monitor more equipment for potential vulnerabilities.
The hybrid workforce influenced data trends in 2021. The wider distribution of IT infrastructure, along with increasing adoption of cloud-based services and software, added new layers of concerns about data storage and security. In addition, the surge in cyberattacks during the pandemic represented a substantial threat to enterprise data security. As organizations generate, store and use ever-greater amounts of data, an IT focus on cybersecurity is only going to become increasingly vital.
All together, these developments point to an overarching enterprise AI, ML and data trend for 2021: digital transformation. Spending on digital transformation is expected to hit $1.8 trillion in 2022, according to Statistica, which illustrates that organizations are willing to invest in this area.
As companies realize the value of data and the potential of machine learning in their operations, they also recognize the limitations posed by their legacy systems and outdated processes. The pandemic spurred many organizations to either launch or elevate digital transformation strategies, and those strategies will likely continue throughout 2022.
How did the AI, ML and data trends of 2021 change the way you work? Tell us in the comments below.
Here is the original post:
Revisit Top AI, Machine Learning And Data Trends Of 2021 - ITPro Today
- Are We Overly Infatuated With Deep Learning? - Forbes [Last Updated On: August 18th, 2024] [Originally Added On: December 28th, 2019]
- CMSWire's Top 10 AI and Machine Learning Articles of 2019 - CMSWire [Last Updated On: August 18th, 2024] [Originally Added On: December 28th, 2019]
- Can machine learning take over the role of investors? - TechHQ [Last Updated On: August 18th, 2024] [Originally Added On: December 28th, 2019]
- Pear Therapeutics Expands Pipeline with Machine Learning, Digital Therapeutic and Digital Biomarker Technologies - Business Wire [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- Dell's Latitude 9510 shakes up corporate laptops with 5G, machine learning, and thin bezels - PCWorld [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- Limits of machine learning - Deccan Herald [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- Forget Machine Learning, Constraint Solvers are What the Enterprise Needs - - RTInsights [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- Tiny Machine Learning On The Attiny85 - Hackaday [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- Finally, a good use for AI: Machine-learning tool guesstimates how well your code will run on a CPU core - The Register [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- How Will Your Hotel Property Use Machine Learning in 2020 and Beyond? | - Hotel Technology News [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- Technology Trends to Keep an Eye on in 2020 - Built In Chicago [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- AI and machine learning trends to look toward in 2020 - Healthcare IT News [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- The 4 Hottest Trends in Data Science for 2020 - Machine Learning Times - machine learning & data science news - The Predictive Analytics Times [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- The Problem with Hiring Algorithms - Machine Learning Times - machine learning & data science news - The Predictive Analytics Times [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- Going Beyond Machine Learning To Machine Reasoning - Forbes [Last Updated On: August 18th, 2024] [Originally Added On: January 11th, 2020]
- Doctor's Hospital focused on incorporation of AI and machine learning - EyeWitness News [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Being human in the age of Artificial Intelligence - Deccan Herald [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Raleys Drive To Be Different Gets an Assist From Machine Learning - Winsight Grocery Business [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Break into the field of AI and Machine Learning with the help of this training - Boing Boing [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- BlackBerry combines AI and machine learning to create connected fleet security solution - Fleet Owner [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- What is the role of machine learning in industry? - Engineer Live [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Seton Hall Announces New Courses in Text Mining and Machine Learning - Seton Hall University News & Events [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Christiana Care offers tips to 'personalize the black box' of machine learning - Healthcare IT News [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Leveraging AI and Machine Learning to Advance Interoperability in Healthcare - - HIT Consultant [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Essential AI & Machine Learning Certification Training Bundle Is Available For A Limited Time 93% Discount Offer Avail Now - Wccftech [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Educate Yourself on Machine Learning at this Las Vegas Event - Small Business Trends [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- 2020: The year of seeing clearly on AI and machine learning - ZDNet [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- How machine learning and automation can modernize the network edge - SiliconANGLE [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Five Reasons to Go to Machine Learning Week 2020 - Machine Learning Times - machine learning & data science news - The Predictive Analytics Times [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Don't want a robot stealing your job? Take a course on AI and machine learning. - Mashable [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Adventures With Artificial Intelligence and Machine Learning - Toolbox [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Optimising Utilisation Forecasting with AI and Machine Learning - Gigabit Magazine - Technology News, Magazine and Website [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Machine Learning: Higher Performance Analytics for Lower ... [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Machine Learning Definition [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Machine Learning Market Size Worth $96.7 Billion by 2025 ... [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Difference between AI, Machine Learning and Deep Learning [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Machine Learning in Human Resources Applications and ... [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Pricing - Machine Learning | Microsoft Azure [Last Updated On: August 18th, 2024] [Originally Added On: January 19th, 2020]
- Looking at the most significant benefits of machine learning for software testing - The Burn-In [Last Updated On: August 18th, 2024] [Originally Added On: January 22nd, 2020]
- New York Institute of Finance and Google Cloud Launch A Machine Learning for Trading Specialization on Coursera - PR Web [Last Updated On: August 18th, 2024] [Originally Added On: January 22nd, 2020]
- Uncover the Possibilities of AI and Machine Learning With This Bundle - Interesting Engineering [Last Updated On: August 18th, 2024] [Originally Added On: January 22nd, 2020]
- Red Hat Survey Shows Hybrid Cloud, AI and Machine Learning are the Focus of Enterprises - Computer Business Review [Last Updated On: August 18th, 2024] [Originally Added On: January 22nd, 2020]
- Machine learning - Wikipedia [Last Updated On: August 18th, 2024] [Originally Added On: January 22nd, 2020]
- Vectorspace AI Datasets are Now Available to Power Machine Learning (ML) and Artificial Intelligence (AI) Systems in Collaboration with Elastic -... [Last Updated On: August 18th, 2024] [Originally Added On: January 22nd, 2020]
- Learning that Targets Millennial and Generation Z - HR Exchange Network [Last Updated On: August 18th, 2024] [Originally Added On: January 23rd, 2020]
- Machine learning and eco-consciousness key business trends in 2020 - Finfeed [Last Updated On: August 18th, 2024] [Originally Added On: January 24th, 2020]
- Jenkins Creator Launches Startup To Speed Software Testing with Machine Learning -- ADTmag - ADT Magazine [Last Updated On: August 18th, 2024] [Originally Added On: January 24th, 2020]
- Research report investigates the Global Machine Learning In Finance Market 2019-2025 - WhaTech Technology and Markets News [Last Updated On: August 18th, 2024] [Originally Added On: January 25th, 2020]
- Expert: Don't overlook security in rush to adopt AI - The Winchester Star [Last Updated On: August 18th, 2024] [Originally Added On: January 25th, 2020]
- Federated machine learning is coming - here's the questions we should be asking - Diginomica [Last Updated On: August 18th, 2024] [Originally Added On: January 25th, 2020]
- I Know Some Algorithms Are Biased--because I Created One - Scientific American [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- Iguazio Deployed by Payoneer to Prevent Fraud with Real-time Machine Learning - Business Wire [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- Want To Be AI-First? You Need To Be Data-First. - Forbes [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- How Machine Learning Will Lead to Better Maps - Popular Mechanics [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- Technologies of the future, but where are AI and ML headed to? - YourStory [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- In Coronavirus Response, AI is Becoming a Useful Tool in a Global Outbreak - Machine Learning Times - machine learning & data science news - The... [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- This tech firm used AI & machine learning to predict Coronavirus outbreak; warned people about danger zones - Economic Times [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- 3 books to get started on data science and machine learning - TechTalks [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- JP Morgan expands dive into machine learning with new London research centre - The TRADE News [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- Euro machine learning startup plans NYC rental platform, the punch list goes digital & other proptech news - The Real Deal [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- The ML Times Is Growing A Letter from the New Editor in Chief - Machine Learning Times - machine learning & data science news - The Predictive... [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- Top Machine Learning Services in the Cloud - Datamation [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- Combating the coronavirus with Twitter, data mining, and machine learning - TechRepublic [Last Updated On: August 18th, 2024] [Originally Added On: February 1st, 2020]
- Itiviti Partners With AI Innovator Imandra to Integrate Machine Learning Into Client Onboarding and Testing Tools - PRNewswire [Last Updated On: August 18th, 2024] [Originally Added On: February 2nd, 2020]
- Iguazio Deployed by Payoneer to Prevent Fraud with Real-time Machine Learning - Yahoo Finance [Last Updated On: August 18th, 2024] [Originally Added On: February 2nd, 2020]
- ScoreSense Leverages Machine Learning to Take Its Customer Experience to the Next Level - Yahoo Finance [Last Updated On: August 18th, 2024] [Originally Added On: February 2nd, 2020]
- How Machine Learning Is Changing The Future Of Fiber Optics - DesignNews [Last Updated On: August 18th, 2024] [Originally Added On: February 2nd, 2020]
- How to handle the unexpected in conversational AI - ITProPortal [Last Updated On: August 18th, 2024] [Originally Added On: February 5th, 2020]
- SwRI, SMU fund SPARKS program to explore collaborative research and apply machine learning to industry problems - TechStartups.com [Last Updated On: August 18th, 2024] [Originally Added On: February 5th, 2020]
- Reinforcement Learning (RL) Market Report & Framework, 2020: An Introduction to the Technology - Yahoo Finance [Last Updated On: August 18th, 2024] [Originally Added On: February 5th, 2020]
- ValleyML Is Launching a Series of 3 Unique AI Expo Events Focused on Hardware, Enterprise and Robotics in Silicon Valley - AiThority [Last Updated On: August 18th, 2024] [Originally Added On: February 5th, 2020]
- REPLY: European Central Bank Explores the Possibilities of Machine Learning With a Coding Marathon Organised by Reply - Business Wire [Last Updated On: August 18th, 2024] [Originally Added On: February 5th, 2020]
- VUniverse Named One of Five Finalists for SXSW Innovation Awards: AI & Machine Learning Category - PRNewswire [Last Updated On: August 18th, 2024] [Originally Added On: February 5th, 2020]
- AI, machine learning, robots, and marketing tech coming to a store near you - TechRepublic [Last Updated On: August 18th, 2024] [Originally Added On: February 5th, 2020]
- Putting the Humanity Back Into Technology: 10 Skills to Future Proof Your Career - HR Technologist [Last Updated On: August 18th, 2024] [Originally Added On: February 6th, 2020]
- Twitter says AI tweet recommendations helped it add millions of users - The Verge [Last Updated On: August 18th, 2024] [Originally Added On: February 6th, 2020]
- Artnome Wants to Predict the Price of a Masterpiece. The Problem? There's Only One. - Built In [Last Updated On: August 18th, 2024] [Originally Added On: February 6th, 2020]
- Machine Learning Patentability in 2019: 5 Cases Analyzed and Lessons Learned Part 1 - Lexology [Last Updated On: August 18th, 2024] [Originally Added On: February 6th, 2020]
- The 17 Best AI and Machine Learning TED Talks for Practitioners - Solutions Review [Last Updated On: August 18th, 2024] [Originally Added On: February 6th, 2020]
- Overview of causal inference in machine learning - Ericsson [Last Updated On: August 18th, 2024] [Originally Added On: February 6th, 2020]