Enterprises increasingly looking to machine learning – Deloitte

23rd January 2018

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

     

Font size: - +

Deloitte’s yearly ‘Technology, Media and Telecommunications (TMT) Predictions’ report has forecast major strides in machine learning for enterprises this year.

The report predicts a doubling of the number of enterprise machine learning pilots and deployments this year and, subsequently, the use of machine learning technology, underpinned by new chips and better software tools.

“We have reached the tipping point where adoption of machine learning in the enterprise is poised to accelerate,” said Deloitte Global Media and Entertainment and TMT Africa Leader Mark Casey.

Easier, cheaper and faster elements will start moulding the more intensive use of machine learning in the enterprise, with growth emerging from new semiconductor chips that enable applications to use less power and become more responsive, flexible and capable.

The TMT Predictions report also highlighted the growth of smartphone adoption, with more than 90% of adults in developed countries expected to own a smartphone by 2023, as well as the rising trend in mobile-only wireless home Internet.

Deloitte Global further predicted that live broadcast and events would generate over $545-billion in direct revenues this year, while traditional television viewing by 18- to 24-year-olds would decline by 5% to 15% a year in the US, Canada and the UK in 2018 and 2019.

Edited by Creamer Media Reporter

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION