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Abstract— Artificial intelligence (AI) concerns the ticker data and financial transactions. It is estimated that of all
study and development of intelligent machines and
this data, only 20 percent is numeric, leaving 80% of non-
software. The associated ICT research is highly technical
and specialized, and its focal problems include the numeric data. The sources and channels through which this
developments of software that can reason, gather
data manifests is manifold. To access this data, to determine
knowledge, plan intelligently, learn, communicate,
perceive and manipulate objects. AI also allows users of its relevance and to figure out ways to turn it to their
big data to automate and enhance complex descriptive and
advantage, businesses have turned to a subdivision of
predictive analytical tasks that, when performed by
humans, would be extremely labour intensive and time computer science that since its conception has spoken to the
consuming. Thus, unleashing AI on big data can have a
imagination: artificial intelligence.
significant impact on the role data plays in deciding how
we work, how we travel and how we conduct business. Artificial intelligence (AI, sometimes also referred to as
This paper explores how Artificial Intelligence, in ‘machine learning’) aims to study and develop intelligent
conjunction with Big Data technologies, can help machines and software. The associated ICT research is highly
organizations to bring about operational and business
transformation. technical and specialized, and its focal problems include the
development of software that can reason, gather knowledge,
Keywords— Big data, Artificial Intelligence, Data Mining,
plan intelligently, learn, communicate, perceive, and
ICT, Machine Learning.
manipulate objects. A distinction is made between ‘strong AI’
I. INTRODUCTION (intelligent software that matches or supersedes human
Big data describes the stunningly increasing growth, intelligence) and ‘applied AI’ (also called ‘narrow AI’ or
availability and utilization of information in today’s world. ‘weak AI’).
The continuously increasing volume of structured and Artificial intelligence is used in a variety of ways and can be
unstructured information, the variety of it, and the speed with found across a large number of sectors, from assembly line
which it is generated, through social media, sensor data as robots to advanced toys, and from speech recognition systems
well as transaction data, poses today’s leaders and specialists to medical research. Its most common application is to find
with both increased opportunities and devilish challenges. patterns in data, which is why it is commonly applied in online
With big data benefitting from increased storage capabilities, search engines and recommendation sites.
thinking moves away from what records to keep to ponder the Artificial intelligence would allow users of big data to
question of how to make sense of these large volumes of data. automate and enhance complex descriptive and predictive
About 90% of all data in the world has been generated in the analytical tasks that would be extremely labour intensive and
last two years, coming in from traditional databases, text time consuming if performed by humans. The scale on which
documents, email, meter-collected data, video, audio, stock big data operates can exceed ordinary understanding. A
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International Acadmey of Engineering and Medical Research, 2016
Volume-1, ISSUE-1
Published Online October-November 2016 in IAEMR (http://www.iaemr.com)
popular example is offered by Google’s search term Unleashing artificial intelligence on big data in such a manner
correlation of a handful of search terms and the flue, which is can have a significant impact on the role data plays in deciding
claimed to be the result of testing 450 million mathematical how we work, how we travel and how we conduct business.
models. Another is that of Google Translate, which, when More and more aspects of our lives can become predictable,
determining if the English word “light” should be translated to from travel time to customer satisfaction to how long it will
French as “lumière” (referring to brightness) or “léger” take enabled bodied worker to complete a given task. Also,
(referring to weight), is said to incorporate billions of pages of artificial intelligence could provide this type of information
translations into its judgment. These huge amounts of ahead of time, allowing for improved planning, scheduling,
computations on such vast amounts of data would make it and decision making, providing users with critical information
impossible for any human to uncover or emulate the precise at the right time to make the best opportunities when they
reasoning behind the choices the software makes. present themselves. Moreover, tying the use of artificial
However, counter to how artificial intelligence can be intelligence on big data to responsively designed user
portrayed in popular culture, it cannot yet make decisions for applications allows for improved user experience that benefits
its user. AI can only help users in making their decisions, and from receiving the required information based on interaction
as such can provide valuable methodologies with which to context, without swiping, pinching, scrolling or clicking.
engage big data challenges:
II. POTENTIAL AND RELEVANCE
• Particle Swarm Optimization (PSO) is a computational
The big data market is in a nascent stage and is expected to
method used in data mining to efficiently harvest useful
develop as companies as well as public bodies seek to enhance
information from big data, by iteratively improving candidate
their competitive advantage by better understanding the ever-
solutions to optimize a given problem. These candidate
growing amounts of data. Artificial intelligence offers the
solutions (dubbed particles) can be moved around a search
technology and methodology to do so, and the market for
spaces through simple mathematical formulae. These particles
artificial intelligence-based tools and applications is growing
follow flocking rules to form swarms, moving the swarm
rapidly. Uptake of this trend can benefit European companies
towards solutions, eventually allowing a particle to find a
as well as the EU-economy and labour market, as the
position that exceeds minimal requirements given to a
development and management of artificial intelligence
solution.
requires highly skilled workers in a multitude of fields.
• Agent-based computational economics studies dynamic
2.1. Understanding the artificial intelligence market for big
systems of interacting agents and can be used to simulate
data
economic processes and even entire economies, through
It is difficult to quantify the exact size of the market for
agent-based models. In these models, the interaction of agents
artificial intelligence. Definitions of what should and should
is modeled according to rules that model behavior and social
not be considered artificial intelligence vary, as well as the
interactions, which allows for behavioral forecasting as well as
Euro-value estimations of current and future business. The
price movements. This methodology requires expert
Economist estimates the data management and analytics
involvement in order for the rules and models to accurately
industry to be worth more than €56 billion and growing at
reflect reality, which then could tap into big data to provide
almost 10% a year [1]. The application of big data analytic
for dynamic, real time analysis and forecasting.
solutions has been estimated as having a €250 billion potential
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International Acadmey of Engineering and Medical Research, 2016
Volume-1, ISSUE-1
Published Online October-November 2016 in IAEMR (http://www.iaemr.com)
annual value to Europe’s public sector administration [2]. hard to gauge the share of this revenue that can be considered
However, it is hard to break down to what extend these artificial intelligence.
analytics can be considered artificial intelligence. Mind Figure 2: Segmentation of the big data market, 2011
Commerce values the 2013 artificial intelligence market at Artificial intelligence can find use in many different sectors,
€700 million, to grow exponentially over the coming years [3], from advanced manufacturing to fundamental research in life
while Global Industry Analysts forecast the artificial
intelligence market to exceed €27 billion by 2015 (Figure Sales
1)[4].
30000
HARDWARE SERVICES
31%
20000 44%
SOFTWARE
25%
10000
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International Acadmey of Engineering and Medical Research, 2016
Volume-1, ISSUE-1
Published Online October-November 2016 in IAEMR (http://www.iaemr.com)
by highly skilled professionals, most of them university nature of their applications as well as the tailoring than can be
graduates in computer sciences or mathematics. To required has leaded them to be physically located near some of
demonstrate the market in which they operate, and the impact their clients just the same.
these companies have on the regional economy and the society The companies studied in this report show that it is not
in which they are embedded, we will turn to the four uncommon for AI technology companies to start off in close
companies we have spoken to (Table 1). proximity to a university and several other technology
Comp Loca Business companies. After a while, when the company starts to grow
Success signals
any tion innovation and sales pick up, these companies open up sales and support
Footpath
technology, offices near their client base. In some cases, this means
mapping 3D establishing a physical presence on the other side of the world.
Entered multiple
Path visitor journeys
foreign markets, Table 2: Examples of the various sectors for
Intelli UK to generate data-
Winner of several
gence driven insights artificial intelligence on big data
technology awards.
into visitor and
customer
behavior Company Sector of Big Client Sector
VC funded, entered Data Market
Business numerous foreign Path Software / Retail, transport,
discovery markets, winners of Intelligence Services human logistics,
QlikV Swe platform, several awards entertainment
iew den allowing for including the Network venues
associative data Products Guide’s 2013 QlikView Software / Large variety of
exploration Hot Companies and SAS / sectors, including
Best Products Award, Services automotive, health
Making online care, education,
In use in major
interactions with and banking
implementations in
Expert Swe e-commerce Expertmaker Software / E-commerce
various industries and
maker den customers more SAS
in various parts of the
intelligent and CogniCor Software / Telecom
world
more precise SAS
2012 Most innovative
Complaint European Startup
Cogni Spai resolution and Award Winner, This was the case for Expertmaker, a company that decided to
Cor n negotiation selected for the keep its technology centre in Sweden whilst opening up a
technology Microsoft pre-
incubation programme. sales and support office in San Francisco to be in close
proximity of their clients in Silicon Valley. In a similar
Table 1: Company case studies fashion, QlikView, also from Sweden, has opened up sales
and support offices in nearly every country they sell to. Both
The innovations developed and commercialized by these
companies realised that their technology, although software
companies can be applied to a wide range of industries (Table
base and therefore scalable with relative ease, requires specific
2), which include the retail, transport, health care, telecom,
tailoring and customization for each customer as well as
and e-commerce sectors. These companies are highly
extensive introduction as to how best unlock the benefits of
internationalized, sometimes with physical presence in several
their artificial intelligence-based products.
countries. They have been able to grow and expand abroad, as
their solutions can be scaled with relative ease. However, the
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International Acadmey of Engineering and Medical Research, 2016
Volume-1, ISSUE-1
Published Online October-November 2016 in IAEMR (http://www.iaemr.com)