Artificial Intelligence Key To Competitive Advantage For Enterprises

“Enterprises and their IT Leaders are realizing the potential of AI used across business processes, applications, and line of-business solutions to sustain a competitive advantage.”

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With advances in computer processing power, memory, storage, and data tools, AI and machine learning will be integrated into the enterprise-software systems that form the heart of most organizational IT infrastructures. 

How has been the adoption of AI among Indian enterprises in 2017?

Artificial Intelligence has come a long way; today it is not just for suggesting business ideas but has become a breakthrough technology enabling us to take business decisions cautiously after learning about their pros and cons. In fact, an IDC study indicated that 94%of companies believe machine learning (that also includes AI) is key to competitive advantage. In many cases, such as online shopping, machine learning understands our behavior and intent and is making precise, intelligent recommendations. Successful enterprises have realized the potential of machine learning used across business processes, applications, and line-of-business solutions to sustain a competitive advantage.

Which are the major industries that stand to benefit most from AI tools and technologies?