The economic downturns caused by the coronavirus pandemic have affected many industries, and some of them might take months or even years before they can recover. This means the budgets will have to be cut going forward as companies re-strategize. While other industries have it rough, cloud infrastructure projects, collaboration tools, and communications equipment are going the opposite direction. According to Forbes, the average cloud spending has gone up 59% from 2018 to over $73 million in 2020. With the shifting workplace preferences, companies that had not made digital transformation a priority will face a hard time. They will be in a difficult position than those who have embraced technology.
Amazon recently released AutoGlun, the open source toolkit for automated machine learning. Developing machine learning applications can be very involved with essential multiple layers as a requirement. For example, developers must define the parameters for choices in construction of the AI model and spend considerable amounts of time with data set pre-processing. They also need to consider finding the best architecture design for their AI models. AWS has a considerable amount of tools to develop AI applications.
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