Artificial Intelligence Report 1H2020
Artificial intelligence continues to sweep through all industries horizontally, changing software and technological processes as we know them. In the uncertain climate of COVID-19, AI is the key source of transformation and disruption used by many corporations to stay afloat and remain competitive –by virtue of assistance, augmentation and automation it can contribute to various processes.
Healthcare, automotive and financial services are the sectors with the greatest potential for product enhancement and disruption due to AI according to our analysis. However, there is also significant potential for competitive advantage in sectors such as content targeting in marketing, edge AI image enhancement, and natural language processing (NLP).
The report focuses on subsectors such as Quantitative Analysis, Computer Vision and Language Analysis, and includes:
- Trends and analysis of deal activity
- Deal geography
- Top acquirers
- Valuation metrics
This year, we’re also including two exclusive interviews with ground-breaking AI companies in the computer vision and NLP sectors for their take on current and future progress in the AI space and the effects of the pandemic on AI businesses.
M&A Transaction volume in Artificial Intelligence, 2014-2019
Artificial intelligence deals soared in 2019, with the total number of deals topping the total of AI deals recorded across 2017 and 2018 combined. Until May 2020, the first quarter of 2020 recorded a promising 95 deals, with data forecasts showing that deals could rise to reach the peak seen in 2H 2019.