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.
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
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
