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Changing Business Dynamics Due to AI Revolution in the 21st Century

The business ecosystem is continuously evolving with the introduction and growth of new technologies every day.

Using AI-powered tools and techniques, cybersecurity experts can automate the process of threat detection and analyze the network for vulnerabilities, round the clock.

In the coming years, more and more companies will start using Artificial Intelligence for cyber-surveillance and early response to vulnerabilities and hacks, transforming the entire cybersecurity landscape.

Already, companies such as IBM are using its intelligent system, Watson, to create smart diagnosis system that can recommend the potential course of action and treatment plan.

In the future, we will see the introduction of smart AI assistants for senior care that can be added to their homes and senior care centers for better care.

Some of the largest eCommerce and retail companies are increasingly leveraging artificial intelligence and machine learning to provide personalized shopping recommendations.

Similarly, retail stores are increasingly looking for ways to add AI-based solutions inside stores to delight and satisfy their customers in a better way.

In the coming years, Business Intelligence will evolve more to help organizations become better at customer servicing, product development and targeted marketing, all thanks to the AI revolution.

AI can be used to gather and analyze useful insights that will help administrators understand what the residents want from a city in terms of facilities, public transport, utilities, etc.

AI-based chatbots will be seen commonly in the segment to address customer queries and even analyze markets to provide personalized investment recommendations.

For the insurance sector too, AI will be seen improving customer experience by guiding users on which plans and products to buy based on their lifestyle, income and future financial obligations.

AI will help improve the curriculum and assist teachers in creating personalized learning programs and curriculums based on the appetite and potential of each student.

Also, AI-based tools can improve learning, preparation and capability analysis by tracking performance patterns of students and recommending corrective future course of action on its own.

Apart from all this, AI definitely has the potential to assist in the production of new product lines by automating several processes from manufacturing to inventory management, logistics management and targeted marketing campaigns.

Not only will AI improve the general processes but will help in predicting future tasks and situations which will help in risk mitigation and bringing down the cost of supply chain management.

An artificial intelligence development company can help several businesses by designing and deploying future-ready tools powered by Artificial Intelligence to help them improve their bottom lines.

For businesses to thrive in the coming years, they need to strategically invest in AI technologies and find a capable AI development company to serve as their disruption partner in the long run.

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A report by IDC and commissioned by CRM found that AI technologies will create more than 800,000 new jobs and add $1.1 trillion to global GDP by 2021.CRM also has a very strong outlook from the Street.

Alphabet (GOOGL)Alphabet Inc (NASDAQ:GOOGL) has made the most AI purchases out of any tech firm, calculated research firm Quid, which shows that GOOG has made 20 AI acquisitions, including predictive analytics platform Kaggle in Q1 2017 alone.Google CEO Sundar Pichai long has spoken about Google's "AI first"

Delphi Automotive (DLPH)U.K.-based auto tech company Delphi Automotive (NYSE:DLPH) is on the rise after a tumultuous few months.Delphi dropped its powertrain business to focus on self-driving cars and electric vehicles last year, which appears to finally be paying off.

In partnership with BMW, Intel Corporation (NASDAQ:INTC) and Mobileye NV, Delphi plans to launch self-driving cars by 2021.Which stocks have a strong buy rating in the sector that interests you?TipRanks tracks and ranks over 4,500 analysts from eight different market sectors.

More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post 5 Futuristic Artificial Intelligence Stocks to Buy appeared first on InvestorPlace.

32 artificial intelligence companies building a smarter tomorrow

From Google and Amazon to Apple and Microsoft, every major tech company is dedicating resources to breakthroughs in artificial intelligence.

Meanwhile, revolutionary breakthroughs like self-driving cars may not be the norm, but are certainly within reach.  As the big guys scramble to infuse their products with artificial intelligence, other companies are hard at work developing their own intelligent technology and services.

By highlighting only the most relevant and interesting information, businesses can make quicker decisions regardless of the staff's experience with data or analytics.

RELATED ARTICLES20 examples of artificial intelligence shaking up business as usual How AI is changing the banking and finance industries The robots will see you now: How artificial intelligence is revolutionizing healthcare  

Industry: Fintech Location: New York, New York What it does: AlphaSense is an AI-powered search engine designed to help investment firms, banks and Fortune 500 companies find important information within transcripts, filings, news and research. The technology uses artificial intelligence to expand keyword searches for relevant content.

Using non-invasive blood tests, the company’s AI technology recognizes disease-associated patterns, providing earlier cancer detection and better treatment options.

Its LiDAR technology focuses on the most important information in a vehicle’s sightline such as people, other cars and animals, while putting less emphasis on things like the sky, buildings and surrounding vegetation.

By fusing problem solving, learning and memory technologies together, the company can build systems that learn and adapt without human assistance.

Called CARA A.I., the company's tech can search within the language, jurisdiction and citations of a user's uploaded documents and return relevant searches from the database.

Industry: Cloud, Robotics Location: Santa Clara, California What it does: CloudMinds provides cloud robot services for the finance, healthcare, manufacturing, power utilities, public sector and enterprise mobility industries.

Its cloud-based AI uses advanced algorithms, large-scale neural networks and training data to make smarter robots for image and object recognition, natural language processing, speech recognition and more.

The company's 'human-in-the-loop' platform uses human intelligence to train and test machine learning, and has powered AI projects for major companies like Oracle, Ebay SAP and Adobe.

From financial and insurance needs to travel and healthcare, the intelligent products perform duties and answer questions for tech support, billing, scheduling, purchases and policy information.

Industry: Big Data, Software Location: Mountain View, California What it does: Orbital Insight uses geospatial imagery and artificial intelligence to answer questions and gain insights invisible to the naked eye. Using data from satellites, drones, balloons and other aircrafts, the company can provide insights and forecasts to the agriculture and energy industries that normally wouldn’t be available.

Industry: Software Location: San Francisco, California What it does: OpenAI is a nonprofit research company with a mission to create safe artificial general intelligence (AGI). AGI aims to create machines with general purpose intelligence similar to human beings. With a focus on long-term research and transparency, OpenAI hopes to advance AGI safely and responsibly.

Sift uses thousands of data points from around the web to train in detecting fraud patterns. The technology helps payment processors, marketplaces, e-commerce stores and even social networks prevent fraud.

Industry: Software, Healthtech Location: Berkeley, California (US office) What it does: Zebra Medical Vision develops technology for radiology and medical imaging, enhancing the diagnostic abilities of radiologists while maximizing focus on patient care.

These algorithms will ultimately help medical professionals detect high-risk patients earlier and manage growing workloads with more accurate outcomes.

Spanning the agriculture, pharmaceutical and chemical industry, the company enables faster cultivation of microbes through automation software and a huge catalog of physical and digital DNA data.

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