One of the most emerging technology which will be in the forefront in the coming years is Artificial Intelligence. Innovations and developments with advancements in digitization, artificial intelligence and Machine Learning are making execution and productivity opportunities for business, and this innovation itself keeps on developing, getting new rushes of advanced robotics, ML, and especially AI. Artificial intelligence has become one of the hottest technologies in the tech town on which most of the leading tech giants as well as small start-ups are working to make it usable in various industries. And these companies have developed such AI-based software and business applications using the quality training data sets with right and correct algorithms to make it implementable in machine learning or develop the AI-oriented self-operating machines.
One who wants to apply this technology in his business sets him for a better future and growth of their brand. Artificial Intelligence applications will transform the way their business works by reducing the cost and increasing the productivity of their brand. There are many well-known and established companies offering Artificial Intelligence service with wide options to implement for developing AI-enabled business models. Amazon ML, Microsoft Azure ML, IBM Watson, Apple, Intel and Google Cloud ML are some of the leading companies offering AI as a service with best tools and services with algorithms to give best results. Apart from these leading tech giants there are many other companies offering AI as a service and if one wants to develop any AI-based business model he can use their tools that will give him a most satisfying results with promising outcomes. Before opting, the AI software tools or software make sure to choose the right one that suits one’s needs and would be useful in machine learning based projects and similar needs.
Vendors in the market are offering bots, APIs, and many machine learning frameworks and also fully-managed AI solutions. There are a large number of start-ups in the Artificial Intelligence as a Service market. Established artificial intelligence service companies are acquiring smaller companies in the market to add the developed services to their portfolios. Artificial intelligence, receives substantial investment from companies, which acts as a key driving factor for the Artificial Intelligence as a Service market. Some 98% of corporate leaders’ see AI as essential for their businesses. From the promise of autonomous driving vehicles to personal assistants (Alexa, Google, Cortana, Siri, and Watson), proliferation of devices, AI is making each interface easy, setting new bars how human-machine interactions will work. The advancements in natural language processing, machine learning, and AI will make technology more intuitive to use.
The market will gain more revenue in the coming years as the usage of Artificial Intelligence is anticipated to spread out to other business areas as well, and not only in consumer electronics and healthcare sector. With the increasing base of technological application, the demand for AI will also expand significantly. From fuelling Apple’s Siri, Microsoft’s Cortana, Google’s Allo, etc., AI is promising a superior future.