Digital disruptors such as algorithms, artificial intelligence (AI), bots and chatbots are already transforming businesses. Gartner expects that algorithmic business will create even greater levels of disruption and new industries. To support the new capabilities and business models of digital and algorithmic business, CIOs must design and deploy their digital business technology platform.
“Fueled by data, analytics and AI, algorithmic business will continue to grow and disrupt your business,” said Steve Prentice, vice president and Gartner Fellow. “This growth is unabated as algorithms are feasting on the wealth of data that grows inexorably.” More than 500,000 new devices connect to the Internet every hour, and every one of them simply adds to the inevitable growth of data.
