It is undoubtedly a given that Artificial Intelligence (AI) is the next evolutionary step and the future of businesses. However, many do not realize that the future is already here or much closer than foreseen. AI incorporates machine learning as well as decision making abilities that were once exclusive for human minds only. However, now technology has advanced to the point that even computers can do and think the unthinkable with the help of a group of algorithms that can automate repetitive tasks and produce usable output data. A company has many projects from software to logistics to finances and every one of them require planning, managing as well as monitoring.

If you are an avid follower of the latest trends in the world of technology, you would have probably heard a lot about artificial intelligence. The hype is alive since 2018. Some consider it as a promise for great future, despite the fact, not too many years ago, people were skeptical about the use of AI for anything other than repetitive tasks (through machine learning). According to Gartner, by 2020, AI will generate 2.3 million jobs, exceeding the 1.8 million that it will remove--generating $2.9 trillion in business value by 2021. Google's CEO says that "AI is one of the most important things humanity is working on. It is more profound than […] electricity or fire."

If you've read any tech media recently, then you're probably hearing a lot about artificial intelligence (AI). Some people herald it as the promise of the future, while others are skeptical -- even fearful -- of its impacts on society, culture, and our workplaces. As it turns out, the buzz around AI has mostly resulted in a lot of conflicting emotions. A recent Atlassian user survey found that 87 percent of respondents said artificial intelligence (AI) will change their job in the next three years. Almost the same number said that some part of their job could be done by AI.