»»Over the years, the rise of IA has transformed the very meaning of ideas, innovation and inventions. As companies take incremental steps to adopt AI and Machine Learning, the expectation is that AI will eventually be used in all parts of the business helping companies to meet their business goals✔. As artificial intelligence technologies proliferate, they are becoming an imperative for businesses that want to maintain a competitive edge. Broadly speaking, AI can support three important business needs:
- automating business processes,
- gaining insight through data analysis,
- engaging with customers and employees
»»As everything is getting connected, businesses now have the chance to collect more data, get the necessary insights, and innovate. As a result, we will probably see a much-needed evolution of the markets: faster marketplaces, leaner operations, vibrant businesses, growing profits, informed consumers, and dynamic businesses? ?
»»AI is not only changing how businesses work; it is also fundamentally transforming the traditional thinking and meaning of collaboration, competition, and innovation. It doesn’t need a lot of data to work; AI needs a lot of the right data to work. In fact, companies are increasingly looking for simpler ways to have their data records cleansed and enriched before their AI models ingest the data.
»»For the upcoming years, AI will continue to grow and companies will have to justify why they’re not using AI in their own software, processes, and workflows. AI will continue to be an integral part of the future and for businesses present opportunities to growth and to be competitive. Furthermore, by deploying the right AI technology, businesses may gain an ability to save time and money by automating and optimizing routine processes and tasks.
References:
✔https://blogs.oracle.com/ai/ai-predictions-for-2020-part-1