Most organizations – regardless of their size and industry – can benefit from the application of artificial intelligence. Charts and dashboards are useful tools, but they often struggle to analyze big and complex datasets. This is precisely when AI outperforms the traditional Business Intelligence approach! Correlation doesn't imply causation, and this is a significant limitation of BI. Artificial Intelligence can help a company in a variety of ways – it can be employed to build customer retention models, increase gross revenue by optimizing your selling price, find a way to minimize costs and optimize business processes, and ultimately – to run an organization more effectively.

Is an Apple Car about to hit the road? The California technology colossus behind the iPhone has confirmed its interest in self-driving cars, but experts are trying to deduce the secretive company's plans for traction in a market where others have been speeding along. Unconfirmed reports surfaced this week that department of motor vehicle documents show Apple is renting a small number of Lexus sport-utility vehicles from US car rental service Hertz to test self-driving software and sensors. Apple CEO Tim Cook says the company is focusing on'the most important project in artificial intelligence' - software that powers self-driving vehicles (stock image) In mid-June, Apple chief executive Tim Cook revealed that the company is focusing on software that powers self-driving vehicles, referring to it as'by far the most important project in artificial intelligence.' Cook depicted electric vehicles, self-driving cars, and ride-sharing as major forces shaping the future of the automobile.