Impact Of Artificial Intelligence On The Business World [Infographic] By Helios

IS AITHE FUTURE? NO, Al iS HERE AND NOW! Bloomberg According to Bloomberg, more than $300 million in venture capital invested in Al startups in 2014. The interesting fact is that it was a 300% increase than the previous year. LET'S PUT A GLANCE WHERE AI IS HEADING FOR: BY 2018: of software development teams will include Al functionality in one or more applications or services. 75% 100% of loT initiatives will be supported by Al capabilities. of digital transformation initiatives will be assisted by AI capabilities. 40% "Customer digital assistants" will recognize by voice and face across channels. BY 2020: 40% of mobile interactions will be managed by smart agents. WHAT EXECUTIVES ACROSS INDUSTRIES HAVE TO SAY ABOUT AI? Al improves worker performance and creates jobs 80% The most important benefit It is truly an of Al is automated undeniable fact that communications that Al is opening doors provides data which in turn boosts decision to endless making 44% opportunities and business decision-makers believe that: Voice recognition is the most-widely used Al technology in their business 32% Al&1OT: OVERCOME THE CHALLENGE OF FINDING INSIGHTS IN TERABYTES OF MACHINE DATA Al can empower companies to boil down the billions of data points to insights that are really meaningful and can be used for: Optimizing productivity across industries Facilitating critical communication via predictive between maintenance on self-driving equipment and machinery. cars. Creating truly smart Enabling cities to predict homes with crimes and connected accidents. appliances. Providing doctors with real-time insight into information from pacemakers or biochips. In spite of all the benefits Al has to offer, many people feel that ethical concerns are hindering the way of Al from being as effective as it can be. What is your perspective? REFERENCES: www.onereach.com/blog/artificial-intelligence-in-business-10-important-statistics www.buzzle.com/articles/pros-and-cons-of-artificial-intelligence.html www.narrativescience.com/Offers/Outlook-on-Al-Research-Report www.gartner.com/newsroom/id/3143718 www.bbvaopenmind.com/en/the-last-mile-of-iot-artificial-intelligence-ai www.ido.com/getdoc.jsp?containerld=prUS41888916 HELIOS @ [email protected] O www.heliossolutions.in SOLUTIONS