Artificial
Intelligence Solutions is being
increasingly seen as a competitive advantage and is gradually making inroads in
enterprises as corporate dealers and IT decision makers absorb and understand
the benefits AI brings to security, employee work satisfaction, productivity,
and digital transformation. Companies that are tailing behind in adopting AI
run the risk of losing to fast-paced competitors, after all, time is of essence
in innovation and Artificial Intelligence is happening now and is here to stay.
Understanding
AI
Oxford Dictionary defines Artificial Intelligence as – The theory
and development of computer systems able to perform tasks normally requiring
human intelligence, such as visual perception, speech recognition,
decision-making, and translation between languages.
Not as much excitement has been generated by technology as much as the
buzz created by AI software. With the internet and press posing it as a threat,
Satya Nadella, Microsoft CEO in his recent book ‘Hit Refresh’ has stated that
‘Advances in artificial intelligence should be used to help humans and machines
work together, rather than to create competition between them in everything
from chess matches to the job market’ and mentioned in an interview that “The
first choices we get to make our choices around the design of AI, and let’s
make that first design choice to augment human capability,” instead of finding
ways to replace people with technology.
An overview
AI
Business Applications can
definitely be about simulating human intelligence by including traits like
perception, problem-solving, future planning and reasoning, but at its core, it
is about the development and execution of methods of transforming vast complex
and unstructured data into intelligent insights. Combining the key elements of
artificial intelligence (cognitive computing, natural language processing,
machine learning, and sentiment analysis) with effective real-time data
management will make the aforementioned statement possible. Artificial
Intelligence in Mobile Applications can rapidly automate processes especially
those that involve going through data and drawing conclusions instead of the
time consuming and often inaccurate and manual process of doing it.
AI in the
workspace enterprise
AI is on the verge of transforming the office space by changing the way
employees are hired, how the best ones are retained, how their productivity is
enhanced and much more. The application of AI at workplace aims at systemizing the
processes that are often driven by instinct through an analysis of vast data
combined with a search for patterns. These AIs are designed to learn from
experience to get a better idea of what managers want. Some changes to follow
are:
·
A culture and paradigm
shift
Leading organizations are experiencing a culture shift being helmed by
executives who realize that the digital transformation triggered by AI is
changing the competitive landscape and shifting expectations with customers
that are changing virtually all sides of how we operate. The biggest shift is
how we view, value and monetize information, which has been made possible
through data-driven decision-making.
·
Revamping of existing
employee roles & addition of new ones
AI has also ushered in the profile of Data Influencers who work as
dedicated collaborators to churn and make data-driven insights more across an
organization. AI is basically making analytics more efficient in the workplace.
Organizations are also now increasingly sharing data externally with customers,
suppliers, regulators, and other stakeholders. Research has shown that
innovation is more prevalent in such organizations.
A new dimension has been added to the role of employees because of AI; many
work profiles are now majorly focused on managing and implementing strategic
initiatives while analytic tools automate and scale data for better and quicker
decision making.
·
Enhanced workforce
capability rooted in complex data
AI capabilities can range from implementing image recognition to
analyzing consumer spending behavior. It is significant to understand that the
most smallest changes to get more focused insights into trends and patterns to
allow AI capabilities to draw big results from complex data.
As big companies increasingly outsource their processes to machines, the
unskilled labor percentage is set to go down and a rise in qualified
specialists for the missing areas will be seen. And for those who don’t
understand why machines make certain decisions, there is now a surge in
artificial intelligence algorithms (the result of research funded by Defense
Advanced Research Projects Agency) that can clearly explain themselves and
their conclusions.
·
Open cloud processing
Another major change to note is the bustling cloud infrastructure of
corporate giants which is available for anyone to employ and experiment with
machine learning for a negligible cost compared to the millions of dollars and
years taken by researchers in early 2000s. It is an open opportunity and a pool
of talent driving more achievements in the field.
Organizations are already investing in AI, 60% of IT decision makers
surveyed say that they already have AI-powered solutions in place and 40% said
they are planning to invest in them in the next two years.
77% say they have prevented more security breaches after the usage of
AI-powered tools and 78% have stated that AI technology has found threats that
were undetected by humans.
80% of managers believe that teams using AI have become more productive,
while 81% is of the opinion that AI is indispensable for a company’s digital
transformation and will lead to more meaningful work for employees (stats from
a survey conducted by Market Cube on behalf of Cylance). AI is set to be a
positive force in the enterprise.
Summing up
Users are always pushing mobile app developers to create seamless
experiences. They always seek product and services that fulfill their demand
with immersive technologies. To fulfill customer needs Artificial
Intelligence Solutions Development companies
started implementing AI in their software development process. If you are
looking for Artificial
Intelligence software development agency, you can contact Consagous, as we have an amazing team of developers which can transform your
dream into a live project.
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