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The Realm of Artificial Intelligence

By ESOutlook | Wednesday, June 12, 2019

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FREMONT, CA: Companies across the globe are getting influenced by artificial intelligence as it offers extensive potential in modernizing business developments, reducing operational costs and automating tedious everyday jobs. After the introduction of cloud computing, big data, and the internet of things (IoT), the market growth in the AI space has enhanced its position, and the global worth of the emerging technology reaches billions. AI has left a significant impact on industries such as marketing, security, healthcare, and automotive industries.

Healthy Living: The healthcare industry is using AI to reduce the burden of the doctors and lower human errors during the diagnosis as well as being cost-effective. It can be positioned in structured and unstructured healthcare data, where the former can use AI techniques like ML methods, including the traditional support vector machine and neural network. On the other hand; unstructured data can use modern deep learning with the help of natural language processing (NLP). Many analysts think that AI cannot be replaced with human doctors, but it can help them to create superior medical decisions and give rightful insights by breaking down data from advanced algorithms.

Market place: Marketers currently utilize AI to move ahead with their marketing strategies like virtual assistants, consumer behavior prediction, and copywriting and gain customer attention, which is the most significant asset to the company. AI solutions will help marketers to create more tailored and convincing content. By utilizing this technology, the company can assess consumer behavior, such as thoughts of the consumers in real-time regarding the brand.

Automation: The automotive industry is the vanguard of AI technology that enables mimicking, escalating, and supporting human actions. It is also utilizing enhanced reaction times in identifying the precision of machine-based systems as well as handling the entire world of partially- and completely-independent devices.

Security: The production of abundant data every day in the company burdens their system and provides dull security. To avoid the consequences AI technology secures the information and gives enhanced risk and compliance management.

AI is performing a significant role in supporting organizations by safeguarding their data and fortifying network security. Thus, it provides an opportunity for business leaders to shield both public and private ventures.

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