Artificial Intelligence - your key to effective digital transformation
Artificial Intelligence promises to not only improve the customer experience, but also change the way businesses operate. We already use artificial intelligence in our everyday lives, possibly without being aware of it. Now is the time for organizations to investigate the role of AI in digital transformation, and consider how to leverage it to stay competitive.
These visuals provide basic information about AI to help start your organization’s journey…
Artificial Intelligence terms
Sourced from Fabernovel
Artificial Intelligence (AI)
Artificial Intelligence is the ability for computers to act without being explicitly programmed, thereby becoming capable of ‘intelligent behavior’.
Machine Learning (ML)
Enables machines to learn for themselves based on data, rather than coding a specific set of instructions.
Deep Learning (DL)
Supervised learning, which involves ‘training and testing’ a machine based on large quantities of labelled data samples.
Generative Adversarial Networks (GAN)
Unsupervised learning, in which a machine learns to create data that is similar to given data, then learn from mistakes to avoid making similar errors in the future.
There are a number of forces that are enabling the rise of AI, not least the investment into R&D by big brands such as Microsoft, Google, Facebook and Apple. Sourced from Deeplearning4J
A computer system designed to work by classifying information in the same way a human brain does
Decrease in storage, bandwidth & computing costs
GPUs make parallel processing faster, cheaper and more powerful
Access to large amounts of data
Giants investing in Artificial Intelligence
Big brands are investing in machine learning platforms and providing tools that encourage the application of AI into other processes and machines. Sourced from Techworld and CBInsights
Machine Learning Platforms
Providing algorithms, APIs, development and training toolkits, data, as well as computing power to design, train, and deploy models into applications, processes and other machines. Sourced from Forbes
Graphics processing units (GPU) and appliances specifically designed and architected to efficiently run AI-oriented computational jobs. Currently making a difference primarily in deep learning applications. Sourced from Forbes
Artificial Intelligence milestones
AI is already powering a lot of things. With systems like Facebook’s face recognition to speech recognition & chatbots, you probably use it dozens of times a day without knowing it. Some examples of AI used today are listed below. Sourced from Forbes
Customer experience travel
Here are some more future focused applications
Modeling ecological systems
The applications of Artificial Intelligence are many, but it’s just beginning – jump ahead to 2025 and it will be the foundation of just about everything we do.
The future looks bright
Just look at the Artificial Intelligence market over the next few years …
Looking at the above stats, it is evident that the future of AI is indeed very bright, so if you want your business to stay competitive, then NOW is a good time to incorporate it into your digital strategy!