Artificial Intelligence or AI comprises many opportunities to boost your business’s worth. It can facilitate you to optimize your business operations, use your employees and enhance overall sales. Therefore, several global industries, including finance, manufacturing, and finance, are increasingly employing Artificial Intelligence to advance their everyday operations. Furthermore, it has numerous branches for various needs like image processing, deep learning, neural networks, and machine learning. Here are the best examples of enterprises executing successful Artificial Intelligence projects.
- Healthcare
Artificial Intelligence can be a game-changer aspect of the healthcare industry. From upholding private records to Robot-assisted operations, AI has improved nearly all aspects of the industry. It has finally given the healthcare industry a boost allowing it to emerge as a well-deserved transformer. Pathology diagnosis is one of the best examples of AI implementation in healthcare. It creates AI-powered systems with ML algorithms that allow pathologists to check tissue samples to make an accurate and precise diagnosis. Artificial Intelligence, in this case, improves the accuracy of diagnosis and treatment of pathology.
- Automotive
The emergence of self-driving vehicles signifies the AI future is nearly upon the public. The driverless car experience is no longer science fiction as it has become a reality now. Reports reveal that we will see AI booming by 2040 with 33 million self-driven vehicles. Many global companies use Artificial Intelligence and data science techniques to offer cutting-edge autonomous cars.
- Finance
Artificial Intelligence and the finance industry go hand in hand to develop innovative apps and products. Accuracy, data processing, and real-time data reporting are the most decisive factors that drive the financial industry. Artificial Intelligence comes in handy in performing these jobs. Therefore, the finance sector recognizes the efficiency and accuracy of AI and algorithmic trading, chatbots, adaptive intelligence, and algorithmic trading in their processes. Moreover, the Robo-advisors are essential components of many financial investing platforms. These advisors use AI power to create a modified and unique profile for a financial investor based on their financial objectives.
- Travel & Transportation
Artificial Intelligence is a mage trend in the travel and transportation industry. Almost every driver benefits from the most suitable route for their destinations through maps and other relevant AI apps. Many individuals book travel arrangements from a remote distance using AI-powered platforms. Artificial Intelligence has made it easy for end-users to get around. On the other hand, travel companies incorporate the technology into their systems to capitalize on smartphone utilization because more than eighty percent of people use their phones to look for landmarks and local restaurants.
Google Maps is a famous application, but very few people know it uses AI in many areas. The platform scans the road with the help of advanced algorithms to find the best routes. Google Map notifies you about traffic conditions, whether you are on a car, bike, train, or foot.
- Electronic Commerce
You might have seen the image of the same bag on a site that you were searching on another website. Thanks to Artificial Intelligence and its sub-branch – Machine learning algorithms that businesses use to build healthy customer relationships. These algorithms personalize customers’ overall purchasing experience and help brands boost sales. Amazon is one of the best examples of eCommerce giants that use electronic commerce in every step of its processes and customer life cycle.