The data displays the global spending on automation and artificial intelligence business operations in 2016 and a forecast from 2017 to 2021. It is estimated that, in 2018, 7.5 billion USD will be spent on intelligent process automation. In this context, artificial intelligence is autonomous decision-making by a system or systems designed to simulate human thought processes. The process involves self-learning systems improved through data mining, pattern recognition, and natural language processing.
2016 | 0.3 | 4.8 | 0.7 |
2017 | 0.4 | 6.2 | 1.1 |
2018 | 0.6 | 7.5 | 1.6 |
2019 | 0.8 | 8.9 | 2 |
2020 | 1 | 10.2 | 2.4 |
2021 | 1.2 | 11.5 | 2.7 |