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100+ AI Use Cases & Applications in 2021: In-Depth Guide


AI is changing every industry and business function, which results in increased interest in AI, its subdomains, and related fields such as machine learning and data science as seen below. However, we also note that since COVID-19 outbreak, interest in AI, as measured by Google queries about AI, has been stable / possibly declining. This may be due to increased interest in COVID-19 and its effects during this period. However, this depends on the specific industry and applications, we see increased interest in AI in manufacturing during the same period. As of 2018, 37% of organizations were looking to define their AI strategies. There has been significant progress since then and according to a recent O'Reilly survey, 85% of organizations are using AI. To integrate AI into your own business, you need to identify how AI can serve your business, possible use cases of AI in your business. Marketing can be summarized as reaching the customer with the right offer, the right message, at the right time, through the right channel, while continually learning. To achieve success, companies can leverage AI-powered tools to get familiar with their customers better, create more compelling content, and perform personalized marketing campaigns. AI can provide accurate insights and suggest smart marketing solutions that would directly reflect on profits with customer data. Marketing analytics: AI systems learn from, analyze, and measure marketing efforts. These solutions track media activity and provide insights into PR efforts to highlight what is driving engagement, traffic, and revenue. As a result, companies can provide better and more accurate marketing services to their customers. Besides PR efforts, AI-powered marketing analytics can lead companies to identify their customer groups more accurately.

123 AI Use Cases & Applications in 2018: In-Depth Guide


We are tracking the most impactful AI use cases here. This is meant to be a list that grows over time so feel free to contribute with your comments, this list is definitely not comprehensive now. And share the knowledge with your twitter followers: @AndrewYNg claims that "AI is the new electricity". We compiled 100 applications runnning on this new electricity. Marketing can be summarized as reaching the customer with the right offer, the right message, at the right time, through the right channel while constantly learning. Optimizing product, pricing & placement allows marketers to create an attractive value proposition to customers. Gesture Control: Gesture control enables higher levels of activity and engagement by allowing users another mode of interaction with your digital products. Quantify the gesture levels and other engagements in order to provide meaningful insights. Pricing Optimization: Also called dynamic pricing or demand pricing, pricing optimization allows companies to optimize markdowns. Optimal markdowns minimize cannibalization while maximizing revenues. One of the easiest transformations a business can achieve, dynamic prices directly impact the bottom line and can be rolled out in a matter of days. Optimize markdowns to minimize cannibalization while maximizing revenues. Identify which products are of significant importance for customers.

AI Applications Across Major Industries - DZone AI


Even though Artificial Intelligence (AI) has been around as an academic and scientific discipline since the 1950s, the proponents of AI have never been as hopeful as they are in the present times. It's needless to mention that the current surge in AI research, investment, and real business applications is unprecedented. Market Intelligence firm IDC in their New IDC Spending Guide, September 19, 2018, predicted that the worldwide spending on cognitive and Artificial Intelligence systems would reach $77.6B by 2022. Similarly, Gartner projects the business value created by AI at $3.9T by 2022. While the philosophical debate on the ethical concerns around AI continues in several circles, we have seen myriad business applications of AI.

30 Powerful Artificial Intelligence Examples you Need to Know


Artificial Intelligence (AI) may look like something out of the pages of a sci-fi book, yet you'd be surprised how often you use it daily. As the technology continues to improve, AI will become even more common with more widespread utilization among diverse industries. To start with, let's begin with the basic definition of Artificial Intelligence (AI) and what it includes. Seeking Alpha gives a very apt description of the same in their article- At a basic level, artificial intelligence is the concept of machines accomplishing tasks which have historically required human intelligence. Applied AI: Machines designed to complete very specifics tasks like navigating a vehicle, trading stocks, or playing chess – as IBM's Deep Blue demonstrated in 1996 when it defeated chess grand master Gerry Kasparov. General AI: Machines designed to complete any task which would normally require human intervention. The broad nature of General AI requires machines to "learn" as they encounter new tasks or ...

Top 100 Artificial Intelligence Companies 2020


As artificial intelligence has become a growing force in business, today's top AI companies are leaders in this emerging technology. Often leveraging cloud computing, AI companies mix and match myriad technologies. Foremost among these is machine learning, but today's AI leading firms tech ranging from predictive analytics to business intelligence to data warehouse tools to deep learning. Entire industries are being reshaped by AI. RPA companies have completely shifted their platforms. AI in healthcare is changing patient care in numerous – and major – ways. AI companies are attracting massive investment from venture capitalist firms and giant firms like Microsoft and Google. Academic AI research is growing, as are AI job openings across a multitude of industries. All of this is documented in the AI Index, produced by Stanford University's Human-Centered AI Institute. Consulting giant Accenture believes AI has the potential to boost rates of profitability by an average of 38 percentage points and could lead to an economic boost of $14 trillion in additional gross value added (GVA) by 2035. In truth, artificial intelligence holds not just possibilities, but a plethora of risks. "It will have a huge economic impact but also change society, and it's hard to make strong predictions, but clearly job markets will be affected," said Yoshua Bengio, a professor at the University of Montreal, and head of the Montreal Institute for Learning Algorithms. To keep up with the AI market, we have updated our list of top AI companies playing a key role in shaping the future of AI. We feature artificial intelligence companies that are commercially successful as well as those that have invested significantly in artificial intelligence. AI companies in the years ahead are forecast to see exponential growth in deep learning, machine learning and natural language processing.