Artificial intelligence is the science and engineering involved in the creation of intelligent machines, especially intelligent software. It is related to the similar task of using computers to understand human intelligence. Another way to define Artificial Intelligence is to say that it is an area of computer science that focuses on developing and managing technology that can learn to make decisions and carry out transactions autonomously instead of humans.
There are three main types of Artificial Intelligence, explained in the report:
In terms of the sector, there are often doubts about what represents the Machine Learning or Deep Learning sub-sectors, as they are not the same but complementary. In conclusion, the report shows that Deep Learning is part of Machine Learning, both being part of Artificial Intelligence.
As is already known, the Artificial Intelligence sector has marked the development of technology in companies over the last 10 years, if not more. But the report reflects the huge growth that will be reflected in the coming years and the major trends that exist in this market. Specialisation in new AI-driven technologies, such as NLP (Natural Language Processing) or the development of cybersecurity, for example, will be a trend in the sector.
On the other hand, the pandemic has boosted the use of these technologies even further, improving the outlook for the future. This is one of the opportunities offered by the sector in terms of trends, but there are also new investments or the growth of M&A transactions in 2021, reaching historic highs.
Financing has shot up in the last year 2021, thanks to the greater relevance and specialisation of this sector, as explained in the section on opportunities in the sector. Financing has more than doubled in 2020, showing an increasingly consolidated sector, but with a promising future ahead, as we have been saying.
The report shows the financing operations carried out by companies at different stages (innovation, growth, consolidation), analysing the type of company at each stage.
As for the acquisitions, 2021 también fue un año récord, casi duplicando la cifra del año anterior, con el 50% de todas las adquisiciones de la historia del sector, tanto por parte de los compradores como de los vendedores, realizadas en el 2020 y el 2021. El número de operaciones se ha disparado en empresas más consolidadas, comprando a otras más especializadas en ciertas tecnologías, como las mencionadas del NLP o ciberseguridad.
The report breaks down the activities carried out by dividing them into the buyers' and sellers' side. Both sides have a more than positive trend, although in 2022 they will not reach the numbers of the historic 2021.
Finally, the report shows the latest IPOs that have taken place in recent years. 2021 was also a record year in terms of the number of IPOs with a total of 39 companies. In 2022 there have already been two; Core Scientific and Abcence, US and Indian companies respectively.
INDEX AI – Artificial Intelligence