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Finding the nexus between intelligent technologies and business

 3 years ago
source link: https://blog.knoldus.com/finding-the-nexus-between-intelligent-technologies-and-business/
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Finding the nexus between intelligent technologies and business

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“AI is one of the most important things that humanity is working on. It’s more profound than, I don’t know, electricity or fire.”

Sundar Pichai, CEO, Google. 

Artificial Intelligence & Machine Learning has indeed taken over our lives at every step of the way. For example: Starting out for your holiday tomorrow? Your smartphone will automatically send you weather reports and suggest itineraries. Ever seen your email software suggest smart replies while you’re drafting emails or replying to one? That’s also AI at work.

It’s not just in everyday life, artificial intelligence and machine learning is transforming businesses altogether. Tech companies like Uber and Amazon are designing entire strategies around AI and ML. Netflix has used the power of ML for personalized suggestions and saved a whopping $1 billion. 

Whatever industry you belong to, Artificial Intelligence and Machine Learning can help. Here are a few industries where AI & ML are disrupting traditional ways of doing business. 

Let’s take two industries and see how AI ans Ml affecting these industries:

#1. Healthcare:

Data and AI will reinvent patient care by furnishing actionable insights to develop better economic outcomes and personalized experiences. Almost 93% of health executives have AI on their agenda. Here are a few resources that will help you understand how ML is transforming the way health care is delivered.

  • Malaria detection using Artificial Intelligence: Diagnosing malaria will be automated in the future with deep learning models, thus expediting the prediction of the disease. Explore how.
  • How ML is transforming medical treatments: Medical treatments have become personalized & intelligent with the help of Machine Learning. Watch how predictive analytics is making this possible.

#2. Banking & Finance:

Research suggests that the finance industry is best positioned to take advantage of Machine Learning with its huge data sets & resources. Owing to the quantitative nature of the industry and heaps of customer data, ML fits like a glove within the financial ecosystem. These helpful resources will throw light on the role of ML in banking & finance.

  • Is Machine Learning in the banking sector the most trending thing now? Whether it is fraud detection, risk modeling, or customer support, ML in banking has transformed how things are done. Explore its use cases further.
  • How ML is weaving its magic in the financial services sector? When it comes to Fintech, ML is transforming the face of the industry with use cases like algorithmic trading, and process automation. Listen to the webinar

Thinking of putting intelligent technologies at work? 

Our team of experts is willing to listen to you. Just let us know your business needs and we will help you with Artificial Intelligence and Machine learning solutions that fit seamlessly with your business. AI and ML can empower you with more personalized, data-driven decisions that have a direct impact on revenue. Book a meeting with us and let us figure out the rest!


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