AI isn’t science fiction. It is based on mathematical models that allow a computer to simulate a human’s capacity to learn – drastically cutting the amount of coding and computing power needed to accomplish complex tasks. Using data, an AI model can be trained to perform these tasks with high accuracy, speed and precision, identifying the factors that cause inefficiencies and even taking action to correct them. This allows your business to:
- Predict outages, human behavior, product quality, energy consumption and supply and demand.
- Optimize planning and routing, resource use, processes, marketing campaigns and pricing strategies.
- Recognize product quality details, defects, alphanumerics, objects, goods and people.
- Interact using chatbots, digital assistants and natural language interfaces.
You don't need to develop a comprehensive roadmap or complete an extensive data optimization exercise to get started. You can take the first steps toward your company's first machine-learning exercise today.