The emergence of digital technologies has been driving transformative changes across all industries, and the European Region has been no exception. Germany is all likely to be at the center of the region's new initiatives towards research and development with respect to artificial intelligence. FREMONT, CA: Central to these overall changes in the society and economy is artificial intelligence (AI) which has come to the forefront owing to enhanced processing power, and algorithms besides the tremendous increase in the quantity of data being generated everywhere. The potential of AI as a technology to function in such a way to transform the way we carry out businesses is undoubtedly proven. The technology can drive new possibilities for responding faster to customer requirements, besides market conditions paving the way for enterprises across various sectors to drive profits, increase revenue, and stay competitive.