ai business applications
ai business applications

Key Considerations in AI Vendor Selection, Deployment

The world of artificial intelligence is frightening. No, not the danger of an army of AI-powered robots taking over the world (though that is a bit concerning). The real fear is that the wrong vendor is chosen or the rollout handled poorly. After all, AI is complex, not fully mature, in some cases poorly understood, and […]

Here are 9 AI Use Cases Happening in Business Today

Artificial intelligence (AI) is increasingly getting attention from enterprise decision makers. Given that, it’s no surprise that AI use cases are growing. According research conducted by Gartner, smart machines will achieve mainstream adoption by 2021, with 30 percent of large companies using AI. These technologies, which can take the form of cognitive computing, machine learning and deep learning, are now […]

HBR: 3 Types of Real World AI to Support Your Business Today

In 2013, the MD Anderson Cancer Center launched a “moon shot” project: diagnose and recommend treatment plans for certain forms of cancer using IBM’s Watson cognitive system. But in 2017, the project was put on hold after costs topped $62 million—and the system had yet to be used on patients. At the same time, the […]

AI Tiptoes Into the Workplace, in the Beginning of a Wave

There is no shortage of predictions about how artificial intelligence is going to reshape where, how and if people work in the future. But the grand work-changing projects of A.I., like self-driving cars and humanoid robots, are not yet commercial products. A more humble version of the technology, instead, is making its presence felt in […]

Fintech: Sector Can Benefit From Up To $512 Billion via Intelligent Automation

A new report from Capgemini’s Digital Transformation Institute reveals that, by 2020, the financial services industry could reap up to $512 billion in new global revenues through intelligent automation. The report, Growth in the Machine, demonstrates the advantages of applying the right combination of robotic process automation (RPA), artificial intelligence (AI), and business process optimisation in the sector […]

Here is the Essential Landscape for Enterprise AI Companies

Enterprise companies comprise a $3.4 trillion market worldwide of which an increasingly larger share is being allocated to artificial intelligence technologies. By our definition, “enterprise” technology companies create tools for workplace roles and functions that a large number of businesses use. For example, Salesforce is the primary enterprise software used by sales professionals in a company. Also […]

Edmonton Startup using AI to Fix ‘Broken Meetings’

Meetings cost time and money to run, and many of them are unnecessary, says Testfire Labs CEO Dave Damer. His solution: the company’s AI assistant, Hendrix.ai. Currently in its beta test phase, it takes a meeting’s minutes, noting questions, answers and action items by listening via microphone. Its meeting summaries leave out “chit chat” for […]

Giving Artificial Intelligence a Little Common Sense

By Mark Barry of Luminoso As we all go about our day using the internet, talking to brands, and interacting online, we don’t adhere strictly to the writing guidelines of the Associated Press. We use a lot of slang, jargon, technical corporate terms, figurative language, and other communication shorthands — unstructured digital data that other humans understand easily, […]

How Top Brands Use AI To Enhance Marketing -Infographic 2018

We all know how marketing can enhance sales. However, enhancing marketing requires real skills and creativity. Or does it? Can machines do a better job at promoting, advertising, and ultimately selling products than a creative human being? A complete switch to AI seems futuristic, but some major brands have already implemented the tactic of using […]

Alibaba Furthers Use of AI to Power the Future of Business

Alibaba Group is powering ahead with a range of AI research and initiatives in a bid to realise its vision: To make it easy to do business everywhere and anywhere. That’s according to an Alibaba Group chief scientist and associate dean of machine intelligence and technology, Xiaofeng Ren, who spoke at CeBIT about how to […]