How artificial intelligence will support business growth in 2017
22 December 2016
Major advances in artificial intelligence (AI) have opened the door to many new ideas that were just impossible a few years ago
When creating a new AI-based app, there are many generic problems that are already being solved by other companies, for example face and gesture detection.
Unless this is the main business and focus of the company, they will prefer to look for an out-of-the-box AI-as-a-service solution which will save them time, expertise and money.
This type of solutions are called AI platforms and give their users many out-of-the-box services, such as computer vision (feature/face and gesture detection), natural language processing (NLP), speech to text, and translations between different language.
>See also: Artificial intelligence: a force for good or bad?
Many companies including Google and Amazon sell this kind of AI services. During 2017, we will continue to see many improvements in those platforms mainly in the ease of use, accuracy and performance.
Businesses whose goals can’t be achieved using AI-as-a-service will create customised modules on top of those platforms or completely start from scratch to create their own image recognition algorithm.
Companies in the medical field such as Zebra medical will continue to improve their AI algorithm, which can now detect under-diagnosed medical conditions in MRI scans.
Other companies such as Tesla will use similar technologies to improve their fully autonomous level five self-driving vehicles.
2017 will continue to see many businesses taking advantage of existing platforms and others creating their own customised AI algorithms.
Another major trend that will grow dramatically next year is apps being built on top of existing AI-ecosystems such as Siri by Apple, Alexa by Amazon and Assistant by Google.