Artificial Intelligence (AI) has already begun to play a significant role in the operations of large enterprises, but many midsized companies are still unsure of how they can make use of this powerful technology. That's because they lack structured data, knowledge, and human resources to navigate the new technology. According to thisreport, only 13.5% of medium-sized enterprises and 8.6% of small enterprises use AI-powered tools. The figures are modest - to say the least - but it doesn't mean you ought to stay away from AI. In this article, we will explain why and how midsized businesses can take advantage of AI to improve efficiency and competitiveness.

Whenever you look into any tech review or read articles on tech sites, they always make you believe that we're living among robots already and that AI (artificial intelligence) is already everywhere. It actually does already exist and you are interacting with AI. Do you sometimes ask Siri or Alexa something? What about that recommended movie on Netflix you've watched (btw. Hello and welcome back to another blog post, this time we'll figure out what AI is and what types of AI exist.

Whenever technological innovations come to the marketplace, one has to always try to navigate between the sometimes-irrational exuberance regarding how "life-altering" this could be on one end of the spectrum and the cynicism that this is all hype on the other end. Such is the case now with the emergence of artificial intelligence (AI) for sales in the CRM space. Billions are being poured into developing AI-based solutions to try to optimize sales performance, but to what end? That is the question we decided to try to start to answer as part of Sales Mastery's "AI for Sales Study." The survey of 450 firms focused on three audiences: (1) organizations that have already implemented AI for sales; (2) those that are evaluating these solutions; and (3) those that currently have no plans to do so.

BENGALURU: Artificial Intelligence (AI) is taking a centre stage in operations of enterprises defying talks of hype around it, according to research reports released by Accenture and Infosys. These research reports, which covered more than 2000 business leaders across different global markets including India, state that majority of businesses globally have started seeing results of AI. Nearly 3 out of 4 businesses are actively deploying AI-based technologies and it has disrupted the way they did business before, said Infosys citing its study "Leadership in the Age of AI". AI implementation has yielded business results and would soon impact overall revenue growth of large businesses. "India, the United States and China led geographies with the most respondents saying that their organization has realized direct, tangible results from deploying AI technologies with 75 percent, 71 percent and 61 percent respectively," noted Infosys in its report.

The state of value-based reimbursement efforts has been uncertain. Many healthcare organizations are indeed pursuing newer strategies to replace traditional fee-for-service care while reducing costs and improving quality, but progress has often been halting. Still, experts from Cedars-Sinai, CVS Health, Blue Cross NC and Harvard Pilgrim Health Care say they're quite optimistic for the future of value-based care in 2018 and beyond. In the area of health IT, the shift to value-based care is fueling new uses for data and has the potential to reinvigorate the electronic health records that many feared had gone stale, said Scott Weingarten, senior vice president and chief clinical transformation officer at Cedars-Sinai and an innovator in the value-based care space. "I believe that natural language processing, machine learning and artificial intelligence have the potential to significantly improve the interpretation, understanding and usefulness of information documented in the electronic health records and other information sources," Weingarten said.