Deep Learning Software Market to Surpass Billion by 2024, According to Tractica

BOULDER, Colo.–(BUSINESS WIRE)–Deep learning is emerging as one of the most important technologies in enterprise computing – yet it is also one of the most misunderstood and oversold software systems ever developed. A new report from Tractica finds that, despite some significant limitations, deep learning is a key enabling technology that will raise a number of false expectations, yet ultimately will have a profound impact on how data is utilized across a wide range of industries, disrupting traditional business models while also facilitating new ones. As a branch of the broader discipline of machine learning, deep learning emulates a biological system by creating a simulated software network of mathematical neurons, and the resulting neural net builds a model that is capable of adapting itself to new data. While the concept…


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