If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
Across all sectors, businesses are investing in and pursuing automation and smart technologies. But while companies are kicking the tires on automation--and achieving value, in pockets--many are yet to achieve its truly transformative power. Progressing from pilots and proofs of concepts to implement automation at scale, and unleashing the true value of human machine collaboration. In the era of human-machine collaboration, automation should be approached as a cultural change that brings people, process and technology together to build a sustainable enterprise model. What's more, successfully automating key processes and functions can free up investment capacity.
In recent decades, our world has moved away from the analog and firmly into the digital realm. Technology is now incorporated into nearly every facet of our lives, both professional and personal. Modern technology will only continue to evolve in the years ahead, and consumers often look to industry insiders to identify the next technological game-changer. For a deeper dive, we asked the experts of Forbes Technology Council to weigh in on the most important tech developments of 2019. Here are the technologies they believe have been the most impactful this year and why.
The world is on the cusp of interesting technological advancement: Artificial intelligence has revolutionized everyday social touchpoints, intelligent machine learning-driven chatbots are transforming social networking platforms, the Internet of Things (IoT) is changing the very nature of supply chain management and robotics paves the way for lights out production lines. However, AI advancement cannot be seen in isolation. The emergence of intelligent automation (IA) and its sustained maturity will have to be recognized alongside AI's evolution to get a clearer picture of where we stand in terms of technological progress. With IA in the picture, industries stand to gain from a myriad of business benefits. Starting with the potential to free resources from mundane and routine tasks by adopting intelligent technology, which consequentially leads to better workers and workflows -- both human and digital.
EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced that it has been named a Diamond Global Business Partner of UiPath, an enterprise Robotic Process Automation (RPA) software company. EPAM and UiPath's partnership will enable its joint customers to increase efficiencies and improve customer experience by leveraging intelligent automation (IA) solutions and UiPath's RPA platform. Forrester recently predicted that, in 2019, automation would become the tip of the digital transformation spear. While early automation implementations focused on cost optimization, this new wave will achieve multiple goals, including driving both customer and employee experience, changing the nature of work, and even empowering the next generation of startup companies. With more than 10 years of business process management, robotics and cognitive expertise, EPAM has over 100 certified UiPath advanced developers as part of its team of more than 700 machine learning and RPA engineers.
As evidence, nearly half (46%) of enterprises today have already deployed intelligent automation, according to an IDG study. For the first time, RPA and AI can reside together in one web-based platform. RPA developers finally can collaborate closely with data scientists, and vice versa. And the results -- truly intelligent automation -- promise to be spectacular. The Automation Anywhere Enterprise platform has always included IQ Bot, our cognitive tool that can process unstructured and semi-structured data to power intelligent automation of end-to-end processes.
Robotic process automation, or RPA, promises to increase efficiency and improve work rates at reduced cost to the enterprise. In this article, we've assembled eight of the top RPA tools currently on the market. Of course, there are considerations to bear in mind before implementing this emerging technology. Robotic process automation (RPA) is an attempt at streamlining enterprise operations and reducing costs by automating mundane or repetitive business tasks through the application of technology. This technology input is governed by business logic and the structured use of data.
Predictions for 2019 and beyond all point in the same direction – putting the client at the heart of all activities is likely to further stimulate the erosion of organizational silos around the front, middle, and back office. In turn, this will lead to the emergence of new, borderless, client-centric organizations that optimize the way value creation is executed. It, therefore, won't come as any surprise that embracing intelligent automation (IA) powered by the automation "golden triangle" of robotic process automation (RPA), artificial intelligence (AI), and smart analytics – combined and aligned with a deep understanding of processes – is paramount for any organization wishing to reach the goal of a single, aligned office. Welcome to our Intelligent Automation Special Edition.
AI was supposed to be nothing more than a tool to automate boring repetitive tasks. However, AI is much more than that. In fact, AI is already covering today's headlines. Whether it's executing geopolitics--with the US blacklisting some of China's AI companies, finding homes--with AI searching for your perfect apartment, playing games--with AI playing your Angry Birds game, or showing your body--with the rise of full body deepfakes, AI has found its way to every element of our daily lives. These recent examples show a wide range of AI's possibilities, but for many people, AI's potential for businesses is still rather uncharted territory.
Across industries and in nearly every vertical, AI is driving digital transformation. In sales, for example, 70% of US-based professionals are now using some form of AI at work. In marketing, platforms like IBM's Watson Marketing, Salesforce Commerce Cloud, and Pega's Unified DMP are bringing brands closer than ever before to their customers. Project scheduling optimizers for engineering, telecommunications AI that recognize early signs of churn, and personalized gaming experiences based on in-game data are just a few of the ways AI is disrupting major industries today. AI is no longer the exclusive domain of massive enterprise with equally outsized R&D budgets, either.