According to the research agency Statista, only in the object identification industry, AI is expected to generate $9 billion, not to mention other major niches like marketing and sales. Thus considering artificial Intelligence for your business could be a winning solution. Where and how AI benefits businesses in 2021? Adoption of artificial intelligence means one simple goal for businesses – profits. However, AI doesn't generate revenue directly, but rather implicitly by transforming different business processes: Many companies even use AI as a marketing move to draw attention and create an image of an advanced and successful organization, which ultimately helps to lead the market. Let's take a closer look at how AI transforming business today.

If you've ever started a sentence with "Alexa…" or "Siri…", you'll know that we humans are now well used to communicating with machines through natural human language. Chatbots are underpinned by the same technology as voice interface systems like Siri, but instead of responding to spoken commands, chatbots interact with users via a written chat interface, such as Facebook Messenger or a web-based application. Like many other AI-driven technologies, chatbots have become a key technology trend. Today, businesses big and small are using chatbots to interact with their customers, drive sales, solve user problems, and more. In fact, chatbots are being used in a wide range of business functions – customer service, sales, marketing, tech support, HR – across a surprisingly diverse range of industries.

Artificial Intelligence in smartphones is changing the way enterprises do business as well as the way they reach out to consumers. This is a trending new technology which has great potential and is impacting both B2B as well as B2C companies. Let's take a glimpse of how smartphone AI is evolving and bringing about changes in the business world. It matters how intelligently a business is placed to live up to the technological advancements. If you would visualize something online which you like, you would most likely look for it in an actual physical store before you actually decide to order it.