The data displays a forecast of spending on robotic process, intelligent process, and artificial intelligence automation worldwide, from 2016 to 2021. In 2017, expenditure on AI and process automation is expected to reach 5.8 billion USD globally. In this sense, 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 | 5.8 |
2017 | 7.7 |
2018 | 9.7 |
2019 | 11.7 |
2020 | 13.6 |
2021 | 15.4 |