|By Business Wire||
|November 30, 2016 11:23 AM EST|
Technavio has announced the top six leading vendors in their recent global deep learning system market report. This research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161130005076/en/
Technavio publishes a new market research report on the global deep learning system market from 2016-2020. (Graphic: Business Wire)
The global deep learning system market is expected to reach USD 1,325.3 million by 2020, growing at a CAGR of 38.73% during the forecast period. Deep learning has the potential to be very useful for real-life applications, due to which it has attracted a lot of attention. In most of the real-life applications, a large amount of information is gathered from social media, software service agreements, hardware, website cookies and app permissions. All this data cannot be used to train machine learning programs, and it is time-consuming and very expensive. Deep learning networks are helpful to get very valuable business information from this data as they excel at unsupervised learning.
Competitive vendor landscape
The global deep learning system market is highly fragmented with the presence of many large and small players. Technavio analysts expect market competition to intensify as different vendors foray into this market. The multiplicity of vendors with differentiated products has raised the competition, and vendors continue to innovate in a bid to establish themselves in the market. In addition, product selection has become more convoluted with the availability of advanced technologies.
“The growth of players in the market depends on their capabilities to combine technology with business expertise, data management expertise, and technology maturation. The shortage of skilled workforce will be a challenge for market vendors. Intense competition, rapid changes in the technology, and industry barriers constitute significant risks to vendors,” says Ishmeet Kaur, a lead enterprise application analyst from Technavio.
To grow, vendors should provide value-added services such as consultancy, integration of solutions, support and maintenance, and end-user training to address available opportunities and risks.
Request a sample report: http://www.technavio.com/request-a-sample?report=54609
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Top six deep learning system market vendors
In November 2015, Alphabet's Google announced that it is opening its TensorFlow deep learning framework under the open-source Apache 2.0 license for others to use. TensorFlow is a deep learning framework developed by Google's Machine Intelligence Research Organization. It is used for numerical computation with the help of data flow graphs. It consists of Python APIs and uses data flow graphs for performing numerical computations. The nodes in the graph represent mathematical operations and the edges signify multidimensional data array. TensorFlow has a fast-growing community of users and contributors, which makes it an important deep learning framework.
BVLC provides an environment that facilitates opportunities for technology transfers and additional sponsored approach to researchers and implementers. BVLC and community contributors developed deep learning platform named Caffe under BSD 2-Clause license. Caffe is developed using C++ programming language with expression, speed, and modularity in mind. It has various features such as expressive architecture, extensible code, and fast speed.
Facebook provides a deep learning framework Torch, which helps users train large-scale convolutional neural networks for applications such as image recognition, AI, and neural network applications. Torch is a systematic computing framework that offers wide support for machine learning algorithms. It is built using Lua that runs on Lua (JIT) compiler. The Tensor libraries that come with it have very efficient CUDA backend, and neural networks libraries can be used to build random acyclic computation graphs with automatic differentiation functionalities.
LISA lab at the University of Montreal developed deep learning framework named Theano. Theano is a software package or math expression compiler that efficiently defines, evaluates, and optimizes mathematical expressions involving multi-dimensional arrays. It allows the user to write code and compile it on different architectures such as CPU and GPU. It is not only used for machine learning applications, which are CPU-intensive but also used for large neural network or deep learning.
The Computational Network Toolkit (CNTK) is an open-source unified deep-learning toolkit from Microsoft Research. This is used to speed up developments in AI and makes it easy to combine and train popular deep learning model types across multiple GPUs and servers. CNTK is used in many applications such as speech recognition, machine translation, image captioning, image recognition, language modeling, language understanding, and text processing and relevance.
On August 9, 2016, Intel announced that it is acquiring Nervana Systems, a deep learning start-up, to strengthen the role of AI solutions within the company. Nervana developed a Python-based deep learning framework named Neon. It has recently been open-sourced under an open-source Apache 2.0 License. Neon has customized CPU and GPU backends, branded as NervanaCPU and NervanaGPU backends, respectively.
Browse Related Reports:
- Global Automotive Pedestrian Protection System Market 2016-2020
- Global Automotive Telematics Market 2016-2020
- Global Higher Education Financial and HRM Market 2016-2020
Do you need a report on a market in a specific geographical cluster or country but can’t find what you’re looking for? Don’t worry, Technavio also takes client requests. Please contact email@example.com with your requirements and our analysts will be happy to create a customized report just for you.
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
Mar. 29, 2017 06:30 PM EDT Reads: 2,708
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
Mar. 29, 2017 05:15 PM EDT Reads: 3,746
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Mar. 29, 2017 04:30 PM EDT Reads: 1,638
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Mar. 29, 2017 04:15 PM EDT Reads: 3,855
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Mar. 29, 2017 04:00 PM EDT Reads: 3,177
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Mar. 29, 2017 03:15 PM EDT Reads: 2,225
Imagine having the ability to leverage all of your current technology and to be able to compose it into one resource pool. Now imagine, as your business grows, not having to deploy a complete new appliance to scale your infrastructure. Also imagine a true multi-cloud capability that allows live migration without any modification between cloud environments regardless of whether that cloud is your private cloud or your public AWS, Azure or Google instance. Now think of a world that is not locked i...
Mar. 29, 2017 03:15 PM EDT Reads: 723
Technology innovation is the driving force behind modern business and enterprises must respond by increasing the speed and efficiency of software delivery. The challenge is that existing enterprise applications are expensive to develop and difficult to modernize. This often results in what Gartner calls "Bimodal IT," where business struggle to apply modern tools and practices to traditional monolithic applications. But these existing assets can be modernized and made more efficient without havin...
Mar. 29, 2017 03:15 PM EDT Reads: 2,640
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost...
Mar. 29, 2017 03:15 PM EDT Reads: 303
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Mar. 29, 2017 02:30 PM EDT Reads: 2,280
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and attent...
Mar. 29, 2017 02:30 PM EDT Reads: 695
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
Mar. 29, 2017 02:30 PM EDT Reads: 3,821
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
Mar. 29, 2017 02:15 PM EDT Reads: 3,269
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Mar. 29, 2017 01:30 PM EDT Reads: 1,757
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to max...
Mar. 29, 2017 01:30 PM EDT Reads: 556