heroBackground

Impact of Artificial Intelligence

The AI Explosion & It's Impact On Businesses

dateIcon
durationIcon
3:52 pm
shareIcon

With petabyte-scale data architectures, it is essential that businesses have an AI and ML strategy that can offer flexibility, efficiency and improve overall productivity. The applications of AI and ML have been diversified into various industries that have given birth to innovations such as AI assistants on smartphones, improvements in cybersecurity and self-driving cars.

AI: The less complex, the better Businesses that have been early adopters of AI and ML have learnt that they have the ability to analyze data across multiple sectors, which has helped them gain a competitive edge with their peers. AI helps solving complex business problems by adopting characteristics of human intelligence through pre-defined algorithms and ultimately provide comprehensive solutions.

Here is a sneak-peek at how AI and ML is expected to transform the digital world in the near future.

The AI industry market size is expected to be worth $266.92 billion by 2027. Fortune Business Insights, 2020

The retail industry is expected to experience significant growth, with 80% of business executives claiming that their businesses will adopt AI technology between 2020 to 2027. (Fortune Business Insights, 2020)

39% of large organizations planned to invest in AI and/or machine learning tools in 2020 compared to 28% of mainstream companies. (Adobe, 2020)

Drive success with the power of Artificial Intelligence:

The future of technology is automation. Automating mundane and repetitive tasks can not only save time and resources, but also provide valuable insights that you can gather to stimulate the growth of your business and more importantly, save money while reducing operating costs. Businesses are discovering the various benefits of AI in various, diverse sectors that have paved the way for more technological revolutions in the following industries. Let us have a look at how we already use AI effectively on a daily basis:

  • Mobile/Smartphones: For voice assistants, health apps, tracking consumer habits
  • Businesses: Product analysis, sales forecasting, processing raw customer data
  • Transportation: Self-driving cars, automated public transportation like metros, trains
  • Gaming: Using machine learning to improve user experience, smarter NPC AI
  • Robotics: Using AI and ML in manufacturing, aero design, mining and military capabilities
  • Security: From personal alarms to home surveillance, AI plays a major role in real-time security
  • Education: By revolutionizing the way we learn and even assist in automating tasks for teachers

The applications of AI/ML continue to make major industries like Manufacturing, retail & e-commerce, travel, entertainment, healthcare, banking & finance, much more efficient.

As artificial intelligence takes the next step in its rapid evolution, businesses should be equipped with the infrastructure and knowledge required to race ahead of their competition. We are at a point of technological innovation where the possibilities are endless thanks to the vast capabilities of machine learning. With AI seeping into almost every major sector, companies are wholeheartedly investing in AI and ML due to its unlimited potential to reshape society and mankind.

Related Blogs
Managed Data Center Services
Managed Data Center Services
Managed Data Center Services for Hassle-free Operations

Managing a data center can be complex, time-consuming, and expensive. Luckily, our Managed Data Center Services offer hassle-free operations for business owners seeking an efficient and cost-effective way to manage their data center needs. In this blog post, we'll discuss what Data Center Managed Services are, why they're useful for businesses of all sizes, and how our services can help your business succeed.

10:00 AM
Security Management in Cloud Computing
Security Management in Cloud Computing
Security Management in Cloud Computing: Top Best Practices

As companies modernize their IT infrastructure and applications with cloud computing, it's critical to prioritize security management. In this blog post, we'll explore best practices for safeguarding your cloud environment through understanding security management in cloud computing, designing a secure cloud architecture, and implementing continuous monitoring and threat detection. With these strategies in place, your organization can confidently leverage the benefits of AWS, Google Cloud or Microsoft Azure while mitigating potential risks.

10:00 AM
AWS Migration Consultant
AWS Migration Consultant
The Benefits of Hiring an AWS Migration Consultant

Are you planning to migrate your IT infrastructure to AWS? It's a complex process that requires expertise and careful planning. That's where an AWS migration consultant comes in. In this blog post, we'll explore the benefits of hiring an AWS migration consultant, when to hire one, and how to choose the right one for your project. Read on to learn more about why working with a professional can save you time, money, and headaches during your cloud migration journey.

10:00 AM
Unsure About Your Cloud Strategy? Let Us Guide You
Receive personalized guidance from our cloud professionals. Talk to an expert or schedule a meeting with our consultant today.
Talk To Our Cloud Experts
our services

These services represent just a glimpse of the diverse range of solutions we provide to our clients

Get in touch
Connect with us
Tell us about your business requirement - and let us take care of the rest.
INFORMATION

Phone


AuthorImg

Hello, I am Praveena - Country Manager of Opsio. Fill in the form below and I will reach out to you.

Tell us about your business requirement
And our team will get back to you.