Growth Of AI As A Service (AIaaS) Market - ReadWrite %

Artificial intelligence as a service (AIaaS) refers to the use of pre-trained machine learning algorithms, robotic process automation (RPA) to natural language processing (NLP) in the cloud to automate business processes. In this respect, it is similar to software as a service (SaaS). However, AIaaS allows business users to access AI models without requiring advanced AI programming skills. This blog shares the anticipated growth figures of the AI business covering as per deployment model, end-user application, verticals, and geography. Building the own AI solution for these different small services will therefore not make any sense for companies because they are all associated with substantial upfront costs and management, which is sometimes not easy for the new joiners.