Artificial intelligence (AI) is essential because it allows the software to perform human capacities such as understanding, reasoning, planning, communication, and perception in an increasingly effective, efficient, and low-cost manner. In most business sectors, automating these skills opens up new opportunities.
With the significant evolution of algorithms, AI is already a reality. Deep Learning algorithms such as Convolutional Neural Networks (CNNs), for example, have significantly improved computers’ ability to recognize objects in images. In addition, Recurrent Neural Networks (RNNs) algorithms produce voice recognition systems that outperform humans.
AI and the Digital Transformation’s Challenges
One of the most significant challenges on the path to a successful digital transformation is the scarcity of talent with Artificial Intelligence skills. This is compounded by the increasing complexity of data under the domain of organizations.
The recent explosion in data volume has created an ideal environment for Artificial Intelligence and Machine Learning solutions to find their way. Professionals with the skills to develop AI solutions, on the other hand, are still in short supply, and the trend is for this gap to widen.
Where are the opportunities for Artificial Intelligence today?
The pandemic has altered how businesses interact with their customers and employees and how various sectors of the economy have identified AI as a significant competitive advantage.
Artificial intelligence solutions have found a home in a variety of fields and projects. Recently, companies have increased their focus on customer service due to the pandemic, followed by process automation and security.
Also, as businesses continue their digital transformations, investments have been focused on the three main features that define AI for business:
Automating IT and processes.Increasing confidence in AI results.Understanding business language.
These investments will continue to accelerate as customers seek new and innovative ways to drive their digital transformations by leveraging a hybrid cloud and AI.
