In the previous couple of years, health care providers have started to see the power of bringing machine learning to their healthcare industry. Now, health related organizations of all sizes are in a scramble to not only reduce bureaucracy but also increase the accuracy of diagnostics and the speed by which patience can be approved for treatment. Union Budget- 2021 allocated about Rs 64,000 crore to enhance the healthcare infrastructure in the country. Until last year, artificial intelligence accounted for only 1.9 percent of India's healthcare industry. But now, more than ever, we are facing a dire need for such technology intervention in the country's health tech ecosystem.

In 2016, there were more than 100 conversational AI companies in India. But today, only a handful of companies are there. Everyone believes that automating a few queries for customers on an app is conversational AI. However, the industry is now redefining a CRM from being just a store of customer data to manage interaction, to making software the central point to handling every detail about the customer. Speaking about conversational AI at YourStory's flagship event TechSparks 2020, Raghavendra Kumar Ravinutala, Co-founder of Yellow Messenger, said: According to MarketsandMarkets, the global conversational AI market size is expected to grow from $4.8 billion in 2020 to $13.9 billion by 2025 at a Compound Annual Growth Rate (CAGR) of 21.9 percent during the forecast period.

Global online etailer Amazon is just about to change the way people shop for groceries. Amazon recently announced the beta programme for Amazon Go, a store where there are no checkout lines. Amazon has made use of technologies like machine learning, sensors and deep learning to allow buyers this experience. The 1,800 square feet store in Seattle is changing the way we do our grocery shopping, and will be open to public in early 2017. There is no clarity about how Amazon intends to roll this out or if it will ever come to India, but use of technologies like artificial intelligence (AI), cognitive learning, chatbots and others is changing our shopping experience.

United Spirits, a Diageo Group Company, is launching artificial intelligence powered chatbot that offers bartending solutions. Simi – Your Personal Bartender is a Facebook Messenger chatbot, developed by Yellow Messenger, a Bangalore based start-up that has developed Digital assistants through botplatform.iotechnology. A recent report on artificial intelligence published by MarketsandMarkets said that the overall artificial intelligence market is expected to be worth $16.06 billion by 2022, growing at a CAGR of 62.9 percent from 2016 to 2022. Simi – Your Personal Bartender chatbot will offer over 200o DIY cocktail recipes which can be made with ingredients like juices, mint, lime, cola etc. and mixed with USL – Diageo's brands like Black Dog Whisky, Black & White Whisky, Johnnie Walker Whisky, Smirnoff Vodka, Tanqueray Gin and Captain Morgan Rum among others. The chatbot is expected to gain intelligence through conversations and will start by offering bartending recommendations based on combination of ingredients and alcohol preference.

Chat apps are very popular and arguably, most people would prefer engaging in a chat conversation rather than make a phone call. Going by recent buzz, it's apparent that tech giants are planning to bring chat conversations to advertisers and marketers. But there are many startups out there already using chat conversations to simplify user queries. Yellow Messenger is one such Bangalore-based startup. Instead of a team of people answering your queries however, it has put in place an Artificial Intelligence-powered interface that converses with users and responds to their queries related to shopping, real estate, recharge, etc.