AI in Action: Where It Should Be Used
Artificial Intelligence (AI) is one of the most promising fields in software development right now. Currently, this concept is actively employed in manufacturing industries, logistics, medicine, Big Data processing procedures, as well as in all spheres where it is required to automate and accelerate the execution of multiple-staged working processes.
Today we’re talking about the further prospects for the development of AI as a universal approach to decreasing business expenses and risks (pitfalls) and other.
AI: Trends and Current Status
Recently, artificial intelligence has come to being widely practiced in the development of projects for IoT as well as commercial wearable solutions. In particular, the natural language processing software Alexa is also available for use through Apple Watch, headphones, fitness-trackers and other Bluetooth audio-capable wearables with the help of Alexa Mobile Accessory Kit.
Moving on. Sensoria Fitness, specializing in the manufacture of ‘smart’ sportswear, has gained a lot of recognition due to their authentic wearables. Their solutions allow for thoroughly monitoring the state of health and adapting your training sessions in accordance with the expected results. The growth of AI development as well as its ever widening field of application cannot but bring many more fruits of labor. Find out more about other, no less innovational AI implementation projects down below.
Most Unusual AI Implementations
Among the most impressive and extraordinary projects employing the capabilities of AI, we would like to point out two: Cogito and Nest. The first one is a full-blown artificial mind based on the behavioral sciences used in the automation of the call-center employees’ responsibilities. A great way to boost work efficiency in the customer support niche.
As a matter of fact, it fully imitates the work of a phone operator, possessing the capabilities of natural language understanding and automatic generation of answers to the posed questions (still in an ICO stage). In turn, Nest is an advanced solution for ‘smart houses’ that allow for supporting a safe and comfortable life of house residents. AI doesn’t seem to miss out on opportunities; it’s increasingly covering a real estate niche and widens accommodation opportunities with Nest and similar products.
AI Branches of Development
Now let’s find out in which spheres the AI-based solutions are in most demand nowadays:
Logistics and supply chain. Artificial intelligence employed in the field of logistics allows for more rational planning of supply chain. Additionally, the complex of technologies based on the artificial neural networks helps to more precisely choose the product delivery route from point A to point B. Presumably, the software based on AI can significantly decrease company expenses related to transportation and supplement of products to sales points.
Automation of workflow (including customer connection). Soon, the automation solutions will be able to, if not completely, but almost replace the routine responsibilities of large organizations employees; starting with product manufacturing process, ending with the performance of call-centers providing customer support.
Forecasting. Not a single field of commercial activity made forecasting without the help of financial analysts whose job is to forecast further development prospects for a certain type of business. In turn, predictive analytics allows acquiring through AI as precise data as possible for the planning of future business organizations activity.
Security. In many developed countries, the banking sphere has also experienced some changes due to AI. Thus, once the artificial intelligence is embedded into a local network security system, any scammer activity implying failed/incorrect transactions or intrusion of harmful software can be detected practically immediately.
Big Data processing. Working with huge volumes of data, it is difficult to keep everything in sight and not miss out on anything. Moreover, detecting the error itself and fixing it might be times more difficult still. The artificial intelligence automates all the processes related to the Big Data processing, maximizing the preciseness of the detected results simultaneously.
Possible Applications of AI in Daily Life
Today, the software solutions based on AI technologies, have made a step towards the new level of quality and are able to execute quite the complex commands. Most everybody is familiar with the personal virtual assistant Siri. Being a NLP-based software, it executes a search in a browser and realizes various possible processes inside a mobile device functionality.
In the last couple of years, the field of IT has been enriched with a number of extremely advanced applications based on machine learning and artificial neural networks; which successfully coexist with projects related to the Internet of Things or cloud computing. However, the main artificial intelligence breakthrough in our opinion is the one made in the field of medicine. Several world-renowned companies specializing in the development of the intellectual diagnostics products have successfully launched a number of projects that help detect serious diseases on the initial stages.
But let’s go back to our everyday life situations. For example, Fixsense is an AI for sports fans and enthusiasts – it analyzes football or cricket matches and defines key events that took place during them. It helps sports fans worldwide closely monitor the crucial happenings in two of the largest kinds of sport due to the gameface.ai.
Smart cars is another AI-based concept that’s rapidly becoming a routine. Such vehicles are expected to become available to most everyone in the nearest future due to the rapid expansion of technology. AI becomes cheaper and ordinary and so cars that drive themselves autonomously according to all traffic regulations and build optimal routes are to become a regular commodity.
Further Prospects for AI Development in Business
At the end of 2017, a prediction had been presented to the public attention by the authoritative Gartner Internet-resource telling that up to 2020, AI will generate 2.3 million new job positions. On the other hand, about 1.8 million existing positions will be eliminated and replaced by software. Well, at least you shouldn’t be worried that the mass automation will cause total global unemployment.
Despite the fact that the discussed high-intelligent software will eliminate the necessity of humans to take part in many working processes, it will also allow for advancing existing company employees towards the next level of their professional qualification. Everyone will focus their physical and verbal effort on the accomplishment of new, more complex tasks. Additionally, AI can ultimately help with minimum expenses exclude the human factor from many regular organizational tasks in order to improve the quality of service.
If you own a business, a part of routine working processes in which can be automated (e.g. communication opportunities between employees; workflow monitoring; task tracking; scheduling, etc.), the best solution would be an employment of AI-based software. Upon doing so, you are to get something more than just an app executing the tasks set. It will be a next-level soft able to personally make decisions based on the external factors.
If you are interested in the creation of advanced AI software, let’s try and build it together! Throughout our professional career, several dozens of AI-based products have been constructed and we will gladly dedicate our expertise to your project.