TECH SUPPLIER Sep 2021 - Market Analysis Perspective - Doc # US47712321

Market Analysis Perspective: Worldwide AI Life-Cycle Software, 2021

By:

Sriram Subramanian
On-line Presentation

Abstract

This IDC Market Analysis Perspective provides insight into the current state and outlook of the rapidly evolving AI life-cycle software market. As customers are moving more models from experimentation to production, they need scalable ways to collaborate, operate, and operationalize machine learning models. To leverage the tremendous opportunities that this provides, IDC recommends AI life-cycle software vendors to enable MLOps/ ModelOps at scale, to empower trustworthy/responsible AI initiatives, and to embrace heterogeneity.

"The AI life-cycle software market showed strong growth in 2020 despite the economic challenges due to the COVID-19 pandemic," said Sriram Subramanian, research director, AI and Automation Software research at IDC. "IDC expects this growth trend to continue through 2021 and beyond, driven by more enterprises pursuing AI-enabled digital transformations, an increased adoption of AI/ML platforms driven by democratization of AI capabilities, and ever-expanding innovative use cases across industries."


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