19 Aug Machine Learning and Artificial Intelligence: What are They?
Technology is evolving at a pace 100,000 times faster than human evolution. In a relatively short period of time, this results in huge leaps in innovation. Over the past decade, AI and machine learning have slowly revolutionised the business world and our daily lives.
The use of artificial intelligence and machine learning has changed the way we live our lives, use technology, and interact with businesses. No matter the size of your business, AI and Machine Learning can help you.
AI and Machine Learning
Artificial Intelligence (AI) is the study of making machines intelligent. Among many other applications, artificial intelligence is making great strides in healthcare, self-driving cars, and voice assistants.
In machine learning, algorithms are used to train systems so that they can learn from their own experiences. Machine Learning is the process of machines learning from experience. Machine Learning is underpinned by artificial intelligence.
AI and Machine Learning – a Threat or a Benefit?
As time passes, Artificial Intelligence and Machine Learning become more and more integrated into our lives and businesses. By processing data at a faster rate, businesses can deliver a much better customer experience, which is ultimately what every company wants. Many workers are apprehensive about implementing this technology into their businesses since relying on a piece of equipment that may take away their jobs is a scary prospect. Embracing AI and Machine Learning, however, can help your team work faster and to a much higher standard.
The technology is now more widely available and affordable, which allows businesses to optimise their automated processes and streamline their workflows. As a result, humans are now able to automate many of their most tedious and time-consuming tasks, including the generation of reports and data entry. Therefore, businesses can spend more time on tasks requiring logic and reasoning, such as problem-solving, strategic development, and customer service. The use of artificial intelligence can also enhance the productivity of existing employees by automating manual and low-value tasks. With the same number of employees, businesses can do more in less time, resulting in increased productivity.
The reality is that human-based systems aren’t always efficient, accurate, or productive. As businesses grow, these systems struggle to keep up and often fail. The focus of a business should be on strategy and growth, not paperwork!
You can only stay ahead of the competition if you demand the most efficient technology. Your team needs technology that supports better decisions, ensures system security, and produces optimum performance. Your answer lies in artificial intelligence and machine learning.
The challenges of AI
Proper preparation is the key to implementing artificial intelligence successfully. Your existing technology must be able to integrate with AI. When implemented properly, this process can increase productivity and reduce costs.
It is best to implement AI gradually and in stages. The way and where you’ll implement AI in your company should be planned ahead, along with the long-term repercussions it may have.
Several of the largest companies in the world have recognized the potential value and competitive advantage offered by AI and Machine Learning. Their use of these two technologies has given them a competitive advantage.
Your business will achieve its goals faster, easier and cheaper with artificial intelligence and machine learning. By embracing AI and ML, your business will remain competitive and ahead of the curve.
At Netcom we are well-versed in helping companies in various sectors to navigate the often mystifying, jargon-filled world of IT. With over 15 years’ experience covering virtually all aspects of business IT, we can help guide your business to a prosperous future with the right IT at your side every step of the way. We can help you deploy cutting edge solutions that will not only help you weather the storm that is modern IT but also keep your business at the top of its game post pandemic and beyond. Contact us today.