Over the recent years, organizations have amassed vast volumes of data across business verticals. The obvious next step is to leverage this data to extract valuable business insights. Artificial Intelligence (AI) and Machine Learning (ML) have tremendous potential in changing how businesses operate, especially in enhancing processes and supporting decision-making.
Despite the enormous upside of AI and ML, some organizations have shied away from adopting these technologies. Some of this apprehension can be attributed to a lack of understanding about what AI can do or potential use cases for its application in the business context. Other organizations have doubts about the value that can be generated by leveraging AI or have concerns about the technical capabilities or resources needed for implementation.
That being said, there is no doubt that AI and ML represent the next frontier in data-driven value, and already many organizations are reaping benefits from it. This whitepaper talks about some of the typical applications of AI and Machine Learning in present-day business that organizations gravitate towards to extract value quickly. This is by no means a comprehensive list; it is merely the tip of the iceberg when it comes to showcasing the unlimited potential of AI and ML in solving challenges that businesses encounter on a day-to-day basis.