AI TRENDS IN 2021 TO BOOST BUSINESS PERFORMANCE

It was back in the 1950s when a group of experts from different arenas came together to discuss the possibility of developing an artificial brain. Then again in the mid 1950s, John McCarthy coined the term “Artificial Intelligence” during a summer conference at the Dartmouth college. Since then, with every passing decade, there were innovations and observations in the field of AI that assured the future of AI to be promising and evolved. It was in the 1900s when many computer scientists around the world dwelled into research based findings in AI and this technology took its first big step towards advancement. What was once just a mere theory, now became the crux around technology and innovation.

Eighty-four percent of the respondents indicated that AI would allow their organizations to gain or sustain a competitive advantage over their rivals. 

(Source: Statista)

There’s tonnes of data generated everyday of our lives and more often than not businesses know the importance of using this data to their advantage. And, it is technologies like Artificial Intelligence that help them do that. Having said that, AI trends and solutions are taking customer experience to another level with chatbots, digital assistants, facial recognition, biometric scanners, and more. It is helping companies draw insights from the large amount of data available and is making business intelligent. And by business intelligence, it means improving the effectiveness of marketing, understanding customers better, creating personalized experiences, and developing business strategies to help corporate decision making and leverage artificial intelligence in business management…..Read more- AI TRENDS IN 2021 TO BOOST BUSINESS PERFORMANCE

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Created on Jun 30th 2022 05:17. Viewed 255 times.

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