Making Processes Intelligent And Automated Using AI

From being a fancy, futuristic technology to seamlessly assimilating in our daily lives, Artificial Intelligence (AI) has well and truly arrived. Voice-powered personal assistants like Siri and Alexa to advanced Chatbots, Robo-advisors and Self-Driving vehicles, all are different applications of Artificial Intelligence that are rapidly changing the way we work, live and indulge. While Artificial Intelligence is often misunderstood for any machine learning algorithm, the true essence of it is when machines and systems can analyse user behaviour, make connections and comprehend rich meanings without relying on pre-defined behavioural algorithms and improve on past iterations. Artificial Intelligence, which is an umbrella that covers the more specific technologies of Deep Learning (DL) and Machine Learning (ML), is rapidly becoming a mainstay as organizations aim to leverage greater competitiveness, business efficiencies and enter new markets. This is proven by a Forrester Research which indicates that by the end of 2017 business investment in Artificial Intelligence will grow by 300%.