In an age when technology is constantly changing and the next biggest evolution is just right around the corner, those in the insurance, healthcare and financial services industries will need to keep their finger on the pulse of future tech, especially on the future of AI technology, if their companies expect to remain on top.
In 2015, approximately 6% of global revenue, nearly $364.5 billion, was driven by digital technologies, according to a recent study of 2,000 global executives conducted by Cognizant. By 2018, the net impact on revenue from digital technology is expected to more than double from 4.6% to 11.4% or $770 billion, annually.
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