AI is already demonstrating tangible business benefits regardless of the hype. Here are 5 AI technologies that are being put to good use by enterprises today.
A special type of machine learning consisting of artificial neural networks with multiple abstraction layers. Currently primarily used in pattern recognition and classification applications supported by very large data sets.
Transcribing and transforming human speech into format useful for computer applications. Currently used in interactive voice response systems and mobile applications.
Using scripts and other methods to automate human action to support efficient business processes. Currently used where it’s too expensive or inefficient for humans to execute a task or a process.
Supporting text analytics by facilitating the understanding of sentence structure and meaning, sentiment, and intent through statistical and machine learning methods. Currently used in fraud detection and security, a wide range of automated assistants, and applications for mining unstructured data.
Augmenting humans via simple chatbots or advanced systems that interact with their users. Primarily used in customer service and support.