AI is approaching the next level of maturity, coming out of the hype cycle, says Gartner. Its adoption is expanding across industries beyond automation to building new-generation intelligent products and services for business growth. However, half of them acknowledge that they don't have skilled talent to make the most of AI advances. This is where experienced AI consulting firms come in to help. The market of AI consulting is vast, ranging from tech giants like IBM and Accenture to Big 4 firms and smaller-scale innovators.

AI is approaching the next level of maturity, coming out of the hype cycle, says Gartner. Its adoption is expanding across industries beyond automation to building new-generation intelligent products and services for business growth. However, half of them acknowledge that they don't have skilled talent to make the most of AI advances. This is where experienced AI consulting firms come in to help. The market of AI consulting is vast, ranging from tech giants like IBM and Accenture to Big 4 firms and smaller-scale innovators.

From enabling personalized healthcare to accelerating drug discovery, applications of artificial intelligence (AI) are transforming the healthcare industry. However, developing and implementing a successful AI project poses significant challenges to healthcare providers and pharmaceutical companies. Failure rates of AI projects are high and there are some popular examples of such failures in healthcare applications. IBM Watson for Oncology is a well-known example of an AI failure in healthcare. It is an AI-enabled advisory tool for oncologists to diagnose and treat cancer patients faster.

The corporate and government worlds are slowly starting to build true data science departments within their organization, expanding on the work of discrete teams. This is in large parts due to modern management theories about functional departmentalization (yes, it's a real word), which separates key organizational activities into groups of specialized teams. Data science just happens to be becoming as valuable to an organization as a functional IT team, or a proper HR department. The professional industry that is appearing from applied data science is slowly separating between organizational departments, similar to accounting and IT, and consulting, which provides strategy and implementation services. If we compare the future of the data science team to these two specific departments, we get a good sense of what the industry will look like in a few years.

PwC announced that it was cited as a Leader in The Forrester Wave: AI Consultancies, Q3 2019. On firms that provide Artificial Intelligence (AI) consulting services, Forrester notes that "offering, breadth of support, and innovation are key differentiators." The report states that: "PwC doesn't see a technology problem; it sees a business problem. PwC's "reframing" approach for digital carries through to the firm's AI practice: PwC doesn't come to fix the plumbing but instead to transform a client. While many AI engagements address business process and customer experience, PwC doesn't stop there. The firm also illustrates how AI can change the way executives work by presenting interactive simulations of markets that they aren't in, they aren't optimised for, or don't exist. This allows leaders to imagine and execute on new business models and new products."

Artificial Intelligence is a branch of Computer Science and it was pursued because the computers, programs and machines were made intelligent or to think like humans. Over time, AI or Artificial Intelligence practices, intend to design software systems that mimic or display some form of human intelligence. These techniques have been engaged to aid or computerize many different actions and activities in software engineering. Hence the attempt to make or create a computer, a software or a robot to think and act like human beings or to behave intelligent. As just as the brain, thinks, observes, perceives, and decides, the software too is created to represent this.

According to the motto: "A picture says more than a thousand words" some useful slides with a short explanation are shown below.