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The Age of Artificial Intelligence – Can AI Really Transform the Future of Businesses?

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There is a wave of disruption across industries, and businesses are increasingly turning to Artificial Intelligence technologies, to spark the kind of innovation that was once thought unimaginable
 Future of Businesses

Future of Businesses

Think about this – today, there are millions of smartphones, internet users, connected devices, and the number is just increasing by the hour. There is a historic shift in the way digital is becoming a part of our lives – from digital payments, to the way we shop or even interact with each other. Fueled by technologies such as Artificial Intelligence (AI), Cloud, Internet of Things (IoT) and Blockchain – this new era of digitization is producing data which is outstripping human capacity to understand the meaning and value hidden within that data.

Data, in all forms, is expanding as a resource to be utilized. Industries and professions are exploring several new possibilities and the potential value of this data is boundless. The next wave of technology – Artificial Intelligence – is already helping us make sense of the deluge of data out there, providing systems that are able to adapt and learn.

Once the preserve of science fiction, Artificial Intelligence (AI) has now become ubiquitous. From transforming healthcare to improving public safety, from enhancing the quality of education to bringing us into a world of connected devices- Artificial Intelligence is helping businesses reinvent and rethink.

A Gartner report predicts that AI will create 2 million net new jobs by 2025. Advances in virtual assistants and deep learning will foster adoption of artificial intelligence, according to the market research firm.

As one of the technology pioneers that helped establish the industry, IBM has been exploring AI and Machine Learning technologies for close to a decade with the launch of Watson in 2011. Little did the world know that the technology would very soon be touching more than one billion lives across the world?

Today, early adopters are using AI to position themselves as innovators and those that haven’t yet leveraged AI – are missing out on insights and opportunities that could help transform their businesses.

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Article Credit: Livemint

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