People today are not much worried about their future, instead, are more concerned about the robust technologies and expect ‘What Next?’ from them. It’s not wrong to say that Artificial Intelligence since its advent, had made breakthroughs in the market and made IT advancements reach the next level.
Be it a business or a new technology or even any aspect of our life, Artificial Intelligence and its subsets have left no stone unturned to revolutionize the world and make it call the world of digitization.
Gartner says that despite being heard various assertions about AI and its existence, 37% of enterprises have applied the concepts of AI in some form or the other where the percentile of companies employing AI grew by 270 percent over the past four years.
There is a lot to come from science and technology where in a few years we would simply be sitting in surprise with our jaw dropped, witnessing our dreams to come out as reality. With this in mind, take a rundown below and gaze at some astonishing data insights to be known about artificial intelligence and its counterparts, changing the world now and then
AI Transforming the Marketing Domain
Any business who has made an association with this powerful technology has never seen a setback in their growth as undoubtedly, AI offers promising results. The modern software and tools available today, run structured complex AI and Machine Learning algorithms which help enhance the productivity of an organization.
The programs are no less than humans to procure leads for branding and campaigning giving semantic results empowered by the predictive analytics and data monitoring. Some real-time results came up from the big name, Harley Davidson where after implementing AI-powered marketing platform their lead count increased.
Speed enhanced, Productivity grew and the company realized a 2930 percent hike in the lead generation within a time interval of merely three months.
AI Making Impossible the Possible
Terms like self-driving cars, smart homes, virtual assistants, AI-powered magic mirrors all these come up to be common to hear as the technological advancements are always there to make your brows raise in surprise.
The digital world is no more restricted to terrestrial and aerial workings but has spread its arms over the marine industry as well. Rolls Royce with the applied science of (AI) and its subsets have decided to launch their self-driving ship by 2025.
The backend technologies strengthening the concept involve Intelligent Asset Management (IAM), Remote and Autonomous Operations and Intelligent Awareness. No question can be raised on the capability of computer vision given to web-enabled devices where the executions and outcomes appear to be more specific and accurate when compared to humans.
The autonomous ships supported by AI and ML techniques are so designed that with the help of cameras, Radar and Lidar they will be able to spot, track and label any water sources, be it water users, ferries, shores, navigation markers, etc.
AI Automation Enhancing Business Productivity
Tools and applications enabled with AI programs and algorithms provide a helping hand to the businesses in increasing automation. The primary focus is to reduce human workload, eliminate rework and ultimately save labor time.
We all know how bots are making a contribution in removing the repetitive tasks. These automated machines are capable of advising users and helping them complete an online purchase, book a cab, restaurant table and anything you say.
An outstanding feature of Robot Process Automation (RPA) was well made in use by Walmart where the establishment automated its multiple business processes by implementing 500 bots. The data retrieval was made possible via employee questionnaire and audit documents, thereby, efficiently scaling business operations.
Additionally, JP Morgan’s COIN (Contract Intelligence) technique help solve computer problems within seconds which when done manually would have taken around 360,000 hours with maximum probability of errors and rework.
Over the years, automation has transformed with every passing day and Artificial Intelligence will continue to break the industry norms, bringing something unique and useful for mankind. Tech professionals, in order to enhance their knowledge and learnings about digital techniques, can gain acknowledgment from Introduction to Artificial Intelligence course which gives clear insights about the progressions occurring worldwide.
Final Considerations
Fanatics won’t get a sigh of relief looking at the industry expansion backed by AI, ML, DL, NLP, and many other upcoming digital technologies. The business world is spinning the wheel at a fast pace with an aim to ease the work and life of humans providing their vision and intelligence to machines.
AI enabled devices have proved their potential and capabilities with robust and complex algorithms running at the rear end, giving semantic end results. Looking at the future ventures of the overlords, it would not be wrong to say that one day automated machines will overcome human efforts and will raise questions on their abilities.
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