The rate of progress and development in artificial intelligence has been intermittent and unpredictable. There have been significant advances in technology since its inception. It is an overarching concept that entails multiple disciplines and is transforming every walk of life.
Organizations are already implementing AI for numerous business applications. If deployed effectively, the technology provides real-time data gathering, forecasting, and trend analysis for delivering greater insight.
Previously only considered as an academic area of study, AI in the 21st century opens up various opportunities for both business innovation and a constellation of mainstream technologies that can have a substantial impact on everyday lives. For instance, computer vision has the potential to change the face of the gaming industry creating immersive entertainment. Deep learning, a branch of machine learning based on layered representations of neural networks, has made speech recognition and its understanding possible, and its algorithms can now be applied widely to numerous applications that rely on pattern recognition.
While AI and its subset are highly tailored to particular tasks, the Analytics Insight Artificial Intelligence report discusses the capabilities and applications of AI across diverse sectors and guides to gain the most out of the technology while driving significant business values.
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