What is Artificial Intelligence?

The term artificial intelligence (AI) refers to computing systems that perform tasks normally considered within the realm of human decision making. These software-driven systems and intelligent agents incorporate advanced data analytics and Big Data applications. AI systems leverage this knowledge repository to make decisions and take actions that approximate cognitive functions, including learning and problem solving. AI, which was introduced as an area of science in the mid 1950s, has evolved rapidly in recent years. It has become a valuable and essential tool for orchestrating digital technologies and managing business operations.