
Artificial Intelligence is Revolutionizing Businesses in 5 ways
Any company that implements machine learning alternatives must weigh hazards and benefits carefully and above all, never push an AI technology to use before it is thoroughly tested.
FREMONT, CA- Artificial intelligence (AI) has come a long way, and it is here to stay. AI and machine learning are now driving many of the biggest businesses in the world. There is no sign of slowing down.
Here are a few ways in which Ai is revolutionizing companies:
• Automation is the New Standard: AI is used to automate the everyday, necessary tasks, allowing employees to involve in other works. AI can simplify task like responding to simple customer queries, coordination of schedules, recording and transcribing minutes of meetings, consolidating data, and perform trend-based analysis.
• Redefined Jobs: The new wave of AI has opened enormous job opportunities. Development of machine learning is one of the most sought after skills in the job market today. It is one of the most robust capabilities to get a handle on. It is challenging to grasp knowledge on the same, which results in a lack of requisite talent to drive AI adoption. In the future, the job of a data labeler will be in more demand as it will be needed more to generalize the data before feeding into machine learning systems.
• More Data is Better: For AI to work correctly and produce results, tremendous data is needed. To fully execute machine learning in any organization, data collection should be done on a regular and accurate basis. The challenges involved are identifying the relevant data, finding a verified source for gathering, collecting data without invading the consumers, tailoring of data according to the needs, and development of data architecture that can store and use information gathered. Identifying these main points can often allow your organization to collect more actionable information on their algorithms.
• Careful Management of Consumer Interaction: Despite the omnipresence of voice assistants and other consumer AI systems, many customers are still not sure how they feel about them. Majority of consumers have interacted with AI, but only a few of them are actually aware of it. Many customers do not understand techniques such as email spam filters, and all search conditions are based on AI predictions. Despite this absence of comprehension, most of them believe that they have understood what AI is. Any company that implements machine learning alternatives must weigh hazards and benefits carefully and above all, never push an AI technology to use before it is thoroughly tested.
• Room for Growth: There is still a long way to go for most companies to fully implement AI techniques. There is always time for growth in the field of AI, which is here to stay. So it's time to figure out what does it mean for an organization and what all are the drawbacks and benefits.
Check Out : Top Artificial Intelligence Companies
ON THE DECK
Featured Vendors
EDITOR'S PICK
Essential Technology Elements Necessary To Enable...
By Leni Kaufman, VP & CIO, Newport News Shipbuilding
Comparative Data Among Physician Peers
By George Evans, CIO, Singing River Health System
Monitoring Technologies Without Human Intervention
By John Kamin, EVP and CIO, Old National Bancorp
Unlocking the Value of Connected Cars
By Elliot Garbus, VP-IoT Solutions Group & GM-Automotive...
Digital Innovation Giving Rise to New Capabilities
By Gregory Morrison, SVP & CIO, Cox Enterprises
Staying Connected to Organizational Priorities is Vital...
By Alberto Ruocco, CIO, American Electric Power
Comprehensible Distribution of Training and Information...
By Sam Lamonica, CIO & VP Information Systems, Rosendin...
The Current Focus is On Comprehensive Solutions
By Sergey Cherkasov, CIO, PhosAgro
Big Data Analytics and Its Impact on the Supply Chain
By Pascal Becotte, MD-Global Supply Chain Practice for the...
Technology's Impact on Field Services
By Stephen Caulfield, Executive Director, Global Field...
Carmax, the Automobile Business with IT at the Core
By Shamim Mohammad, SVP & CIO, CarMax
The CIO's role in rethinking the scope of EPM for...
By Ronald Seymore, Managing Director, Enterprise Performance...
Driving Insurance Agent Productivity with Mobile and Big...
By Brad Bodell, SVP and CIO, CNO Financial Group, Inc.
Transformative Impact On The IT Landscape
By Jim Whitehurst, CEO, Red Hat
Get Ready for an IT Renaissance: Brought to You by Big...
By Clark Golestani, EVP and CIO, Merck
Four Initiatives Driving ECM Innovation
By Scott Craig, Vice President of Product Marketing, Lexmark...
Technology to Leverage and Enable
By Dave Kipe, SVP, Global Operations, Scholastic Inc.
By Meerah Rajavel, CIO, Forcepoint
AI is the New UI-AI + UX + DesignOps
By Amit Bahree, Executive, Global Technology and Innovation,...
Evolving Role of the CIO - Enabling Business Execution...
By Greg Tacchetti, CIO, State Auto Insurance
Read Also
