Google announced Artificial Intelligence Software Tools for Cloud Platform Service

United States: Alphabet Inc., parent company of Google has announced the new software tools for its Google cloud platform. These tools help the company to compete with cloud services from Amazon and Microsoft.

In addition, this would help the company to improve its existing services and products to lead in Artificial Intelligence Technology. Further, the tools are helping the companies in analysing the language and convert the speech into text.

TechSci Research depicts that the growing demand for artificial intelligence in various applications, such as speech recognition, gesture control, cybersecurity, etc. across industries has paved path for the companies to invest and provide the artificial intelligence services to strengthen their product portfolio.

According to the recent report published by TechSci Research, “United States Artificial Intelligence Market, By Application (Speech Recognition, Image Recognition, etc.), By Region, and By End User (Consumer Electronics, Security & Access Control, etc.) Competition Forecast & Opportunities, 2011-2021”, the market for artificial intelligence in the US is projected to grow at a CAGR of around 75% during 2016 - 2021. Growing trend of integration of video surveillance with artificial intelligence for video analysis, coupled with rising government spending on cyber security solutions integrated with real time analytics and artificial intelligence is expected to boost artificial intelligence market in the United States over the next five years.