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360Quadrants Market Research Indicates ArcGIS as one of the Emerging Company in Artificial Intelligence Software

The global Artificial Intelligence Software market is expected to grow significantly, from USD 10.1 billion in 2018 to an USD 126 billion by 2025. The AI market covers a wide range of applications such as natural language processing, robotic process automation, and machine learning. Artificial Intelligence Software has become an integral part of business software and is projected to continue dominating the software market in the foreseeable future. AI software incorporates machine learning (ML) and deep learning into its functionality with an aim to better automate user tasks, save time & energy, make jobs simpler, and boost productivity.

Market Insights

Artificial Intelligence Software is a computer program that impersonates human behavior by learning several data patterns and insights. It is being used by technology firms to design and develop intelligent applications from ground with the help of Machine learning and deep learning capabilities. Artificial Intelligence Software mainly focuses on the development of intelligence machines, which can think and work almost like humans. For example, speech recognition, problem-solving, learning and planning. Since its inception, Artificial Intelligence software has expanded its reach across end-user verticals.

Best Artificial Intelligence Software offer fast response, tailored approach, highly accurate information, and fewer redundancies—all of which important to achieve high efficiency in an organization. Moreover, AI combines data from multiple resources and uses it as a knowledge store, which results in accurate predictions about consumer needs.
Major Growth Drivers
  1. Rise in the usage of Big Data
Digitization in the manufacturing industry has increased the capability to access, analyze, and manage vast volumes of data while rapidly developing the information architecture in the factory. Data plays a critical role in the successful operation of a manufacturing plant. By analyzing the data, best Artificial Intelligent Software systems can draw conclusions on the machine’s condition and detect irregularities to provide predictive maintenance.
  1. Exponential Rise in the Adoption of Cloud based Services
The increasing adoption of cloud-based technology and IoT is a great opportunity for the best Artificial Intelligent Software solution providers, which would eliminate concerns related to expenditure and installation expenses.
  1. Growing Demand for Simulated Assistants
The growing adoption of intelligent virtual assistants for various applications in marketing and sales is expected to drive the best Artificial Intelligent Software market. 
Application Outlook
The major applications of Artificial Intelligence software include patient data & risk analysis, inpatient care & hospital management, and healthcare imaging & diagnostics in healthcare; predictive maintenance & machinery inspection, quality control, and material movement in manufacturing; HMI in automotive; precision farming and drone analytics in agriculture; product recommendation and planning, payment services management, and supply chain management and demand planning in retail; antivirus and identity and access management in security; and virtual assistant in HR.
Top Companies
The top companies in Artificial Intelligence Software will be rated using the following methodology:
  1. A highly experienced team of researchers and senior analysts conducts extensive research to generate a list of vendors (competitors).
  2. A patent-pending algorithm is used to collect inputs from key stakeholders—industry experts, buyers, vendors, and 360Quadrants analysts—based on criteria for Product Maturity and Company Maturity.
  3. Criteria under Product Maturity include breadth and depth of product/service offering, product features and functionalities, product differentiation, and their impact on customer value.
  4. Criteria under Company Maturity include geographical footprint, partner ecosystem, financial stability, and client coverage or sector footprint.
  5. Approximately 20+ in-depth parameters will be considered for research for the Artificial Intelligence Software These parameters will be updated every six months to ensure the latest developments are taken into consideration.
  6. A weight is assigned to each stakeholder based on information gathered pertaining to the above criteria as well as inputs from stakeholders. These inputs follow the order of priority given below:
  7. Buyers
  8. Industry Experts
  9. 360Quadrants Analysts
  10. Vendors (Competitors)
  11. The inputs are analyzed, and a final rating is assigned to each vendor (competitor).
  12. After the finalization of ratings, each vendor is placed in the most relevant quadrant based on its score. 
ArcGIS (US) is one of the leading Best artificial intelligence software providers globally. The company offers an integrated suite of GIS software products. It enables businesses to create maps that help in visualizing and exploring data by leveraging Esri’s mapping software. It provides efficient analysis tools and map styles that enable users to discover and refine their data’s story. With ArcGIS, users can also understand their data in the context of location by using intuitive analysis tools. This data helps businesses identify relationships, recognize key locations, use ideal routes, and analyze patterns to make predictions.
Emerging companies in the best Artificial Intelligence Market have niche service offerings and are starting to gain their positions in the market.
Our research report also includes competitive insights of below companies
  • New Relic
  • Site24x7 Artificial Intelligence Software
  • Clickworker
  • Amy
  • HIRO
  • THRON
  • Clarity
  • Wordsmith
  • Indico Artificial Intelligence
  • NEO AI Software
  • Ellie
  • Chatbot
They have a good business strategy which helps them compete with other vendors in the best Artificial Intelligence Software market.

About 360Quadrants

360Quadrants is the largest marketplace looking to disrupt US $6.3 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets.

360Quadrants will also be launching quadrants in fields like Access Control Software, Cloud Computing Software, and Machine Vision Solutions. 

Media Contact
Company Name: Marketsandmarkets pvt ltd
Contact Person: Mr. Agney Sugla
630 Dundee Road, Suite 430
Northbrook, IL 60062 
Phone: +1-888-600-6441
Country: United States
Website: https://www.360quadrants.com
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