The digital sphere is raining technologies. The influence of artificial intelligence is taking center stage with every possible improvement. Technology is changing almost all industries including banking and finance, healthcare, automobile, telecommunication, manufacturing, defense and military, entertainment and media, education, etc. The sub-domains of Artificial Intelligence such as machine learning, natural language processing, data analytics, and image analytics are also rolling out profitable use cases in diverse sectors. Besides, artificial intelligence is serving the business purpose by leveraging end-to-end automation processes. Therefore, Analytics Insight has listed the top 50 business use cases of artificial intelligence in diverse sectors. Predictive analytics is a gift to healthcare. Sometimes, we come across patients who say they underwent an unnecessary surgery due to a lack of predictions on what was coming. Fortunately, artificial intelligence is changing the fate of such burdensome risks and avoidable surgeries.
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.
Disruption ahead: Deloitte's point of view on IBM Watson8 9. What makes Watson unique In technical terms, IBM Watson is an advanced open-domain question answering (QA) system with deep natural language processing (NLP) capabilities. At this point, the Watson Software as a Service (SaaS) platform is most effectively used to sift through massive amounts of text--documents, emails, social posts, and more--to answer questions in real time. Watson accepts questions posed by the user in natural language and provides the user with a response (or a set of responses) by generating and evaluating various hypotheses around different interpretations of the question and possible answers to it. Unlike keyword-based search engines, which simply retrieve relevant documents, Watson gleans context from the question to provide the user with precise and relevant answers, along with confidence ratings and supporting evidence. Its learning capabilities allow Watson to adapt and improve hypothesis generation and evaluation processes over time through interactions with users. Developers and other users can improve the accuracy of responses by "training" Watson. IBM is also continuing to expand Watson's capabilities to incorporate visualization, reasoning, ability to relate to users, and deeper exploration to gain a broader understanding of the information content. Watson recently launched a new platform service that has the ability to ingest and interpret still and video images, which is another significant type of unstructured data.
The invention of artificial intelligence has had the biggest effect on the world since electricity. And just like electricity, it will have a profound impact on virtually every sphere of human endeavor, from warfare to medicine to music. We love to use it in our technology, but artificial intelligence is everywhere. Most of these examples are things we take for granted because they have become so integrated into the fabric of our everyday lives. Artificial intelligence is all around us. We can find it in our homes, in our cars, and even in our relationships. We may not always think about the artificial intelligence that's buzzing around us because it requires an explicit action to activate it. With just a few clicks of the mouse or taps on your phone, artificial intelligence can do everything from sorting your laundry to directing your car. Artificial intelligence is both helpful and scary. From self-driving cars to analyzing medical data, artificial intelligence (AI) is already present in many aspects of our daily lives. While AI may conjure up images of humanoid robots and the "Terminator" movies, the reality is far more mundane. The idea of artificial intelligence can intimidate, but it doesn't need to be scary. AI is simply technology that can make our lives easier. For instance, AI systems handle over half of the United States stock market trades.