6 AI techs that will rule 2018

Artificial Intelligence is changing the way we think of technology. It is radically changing the various aspects of our daily life. Companies are now significantly making investments in AI to boost their future businesses.

According to a Narrative Science report, just 38% per cent of the companies surveyed used artificial intelligence in 2016—but by 2018, this percentage will increase to 62%.

Here are the 6 most revolutionary artificial intelligence technologies that will rule 2018.

1. Natural Language Generation: Saying (or writing) the right words in the right sequence to convey a clear message that can be easily understood by the listener (or reader) can be a tricky business.
Solving this issue has been the key focus but great strides have been made in the area of Natural language generation, which has begun to manifest in many areas of our lives. It is currently being used in customer service to generate reports and market summaries.

2. Speech recognition: Transcribe and transform human speech into format useful for computer applications. Currently used in interactive voice response systems and mobile applications. Every day, more and more systems incorporate the transcription and transformation of human language into useful formats suitable for computers.
Companies offering speech recognition services include NICE, Nuance Communications, OpenText and Verint Systems.

3. Machine Learning Platforms: These days, computers can also learn, and they can be incredibly intelligent! Machine learning is a subdiscipline of computer science and a branch of artificial intelligence. Its goal is to develop techniques that allow computers to learn. By providing algorithms, APIs (application programming interface), development and training tools, big data, applications and other machines, machine learning platforms are gaining more and more traction every day.

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4. Virtual Agents: There’s no denying that virtual agents – or “chat bots” (or simply, bots) – are experiencing a tremendous resurgence in interest, and along with that, a rapid advance in innovation and technology.
Currently used in customer service and support and as a smart home manager. Some of the companies that provide virtual agents include Amazon, Apple, Artificial Solutions, Assist AI, Creative Virtual, Google, IBM, IPsoft, Microsoft, Satisfi.

5. Decision Management: Intelligent machines are capable of introducing rules and logic to artificial intelligence systems and can be used for initial setup/training, ongoing maintenance and tuning.

It is used in a wide variety of enterprise applications, assisting in or performing automated decision-making. Some of the companies that provide this are Advanced Systems Concepts, Informatica, Maana, Pegasystems, UiPath.

6. AI-Optimized Hardware: Companies are investing heavily in ML/AI with hardware designs intended to greatly accelerate the next generation of applications. Graphics processing units (GPU) and appliances specifically designed and architected to efficiently run AI-oriented computational jobs.
Some of the companies focused on AI-Optimized Hardware include Alluviate, Cray, Google, IBM, Intel, Nvidia.

 

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