Artificial intelligence (AI) is a wide-ranging tool that enables people to rethink how we integrate information, analyze data, and use the resulting insights to improve decision making—and already it is transforming every walk of life. AI requires a cultural change in the company and it should be embraced as soon as possible, as it constitutes a key strategic pillar of the companies of the future. 

AI is embraced by the most innovative companies

Numerous businesses are capitalizing on the sheer branding value of the AI label. Most software brands, apps, and platforms you use every day are heavily and successfully reliant on data: Amazon in eCommerce, Booking.com in travel, PayPal in finance, and so on. 

 

AI brings a competitive advantage

With many industries being stuck in the legacy stage, even the smallest AI efforts on your part will be rewarded with decreased risks and expenses and increased effectiveness and conversions. Just one automated daily task will start a chain reaction of successful innovation.

Travel

Customer segmentation and personalization
Dynamic pricing solutions
Sentiment analysis
Demand forecasting
Intelligent travel assistants

Transportation

Optimized routing and scheduling
Smart fleet and staff management
Vehicle maintenance prediction
Traffic prediction and real-time updates
Supply chain automation

Defense

AI plays a substantial role in national defense.  AI helps to sift through the massive troves of data and video captured by surveillance and then alert human analysts of patterns or when there is abnormal or suspicious activity.

Healthcare

Diagnostics automation (images, sounds, signals)
Personalized healthcare
Identifying at-risk patients
AI-driven pharmaceutical research
ML for clinical data analysis

eCommerce

Sales forecasting
Personalized shopping and recommendations
Fraud detection
Customer support automation and chatbots
Voice assistance

Retail

Supply chain planning
Inventory management
Price optimization
Market basket analysis
Lifetime value prediction

Agriculture

Robots can be used to plant seeds, fertilized crops and administer pesticides, among a lot of other uses. Farmers can use a drone to monitor the cultivation of crops and also collect data for analysis.

Smart Home

Smart Homes make use of AI & IoT devices such as  sensors, lights, and meters to collect & analyze data. This data is used in making the effective use of home infrastructure, utilities to ease up the everyday life efficiently