target audience: TECH SUPPLIER  Publication date: Jul 2023 - Document type: Market Analysis Perspective - Doc  Document number: # US50008423

Market Analysis Perspective: Worldwide AI Life-Cycle Software, 2023

By:  Kathy Lange Loading

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Abstract


This IDC Market Analysis Perspective provides insight into the current state and outlook of the worldwide AI life-cycle tools and technologies software market. AI adoption has taken a giant leap forward, using AI to generate value; however, significant impediments still impact time to value. Vendors continue strengthening their platform capabilities to address manual handoffs across the AI/ML ecosystem.

"Generative AI has fueled excitement from buyers and suppliers for new opportunities to improve data scientists' productivity as well as model explainability and transparency," said Kathy Lange, research director for Machine Learning Life-Cycle Tools and Technologies at IDC. "IDC expects this growth trend to continue through 2023 and beyond, as enterprises reimagine the potential use cases."



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