How is AI remodelling the enterprises?

Oct 28
20:08

2020

Sunitha Sharma

Sunitha Sharma

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Artificial Intelligence, as a concept, came into existence in 1956. But it took decades to make Enterprise AI a technological reality. Enterprise AI is a part of the enterprise software that embed AI methodology into the very core of an organization’s data strategy. Looking to be competitive, industries are making their machines intelligent by providing them with a human brain and enriching them with the ability to make better decisions and outperform the existing human workforce.

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According to a Gartner survey, How is AI remodelling the enterprises? Articles 37% of organizations have already embraced Artificial Intelligence for:

 

Logically solving the problems

Independently gathering information from different sources

Making higher-value decisions and achieving breath-taking goals

Responding efficiently to evolving scenario

 

In this write-up, we are looking into some key AI adoption trends.

AI transforming the Healthcare system through:

AI-driven disease diagnosis, medication etc.

AI-powered medical research and robotic-assisted surgery

Accuracy in the prediction of epidemics and disease outbreaks

AI in Retail touching new heights with:

Personalized customer services and demand forecasting

Early detection of fraud and predictive inventory management

Enterprise AI solutions in manufacturing leading to:

Better product designs

Improved demand forecasting

Increased robotic assistance and so on


It goes without saying that Enterprise AI is still at its early stage but no doubts hold immense potential to be a game-changer in the next few years. AI will be empowering service providers with a range of new capabilities such as:

  • Embracing AI to lower operational costs and reduce consumer friction.
  • Switching towards refined conversation with the rise of AI chatbots.
  • Acquiring and preserving their long-standing commitments to security and compliance
  • Better convergence of automation, AI, analytics and low-code platforms

 

Thus, in the next few years, we can expect to see enterprises become more AI-driven, more automated, more accessible and highly affordable. 

 

How to start your Enterprise AI transformation?

 

  1. Start with a vision of what AI can do for your business. Set up goals and KPIs for a successful transformation. 
  2. Develop a focussed team to drive AI initiatives from conceptualization to implementation. If feasible create the role of AI engineer or hire employees who are well-versed in data engineering, data science and software development tasks.
  3. Work with reputed vendors like Infosys Nia to assist your Al team to carry out the tasks needed to achieve the required objectives.

 

Concluding Lines

Enterprise AI holds the potential to change the current winner and losers in the market. In other words, companies that are investing today in emerging technologies like AI and machine learning are building a foundation to rule the globe in the future.