How Has Artificial Intelligence Helped The Technology Industry?

It seems like everywhere we look, artificial intelligence (AI) is being used in some way or another. We see it in our everyday lives, whether using a voice assistant to schedule our day or seeing targeted ads on social media. But what about the technology industry? In what ways has AI helped shape and change it? This blog post will explore how AI has helped the technology industry in recent years. As the number of AI companies in Bangalore is rising, AI is increasing its impact on jobs to its role in research and development, read on to learn more about how AI is changing the tech landscape.

What is Artificial Intelligence?

There are many definitions of Artificial Intelligence (AI). Still, in general, it can be described as a way of making a computer system “smart” – that is, able to understand complex tasks and carry out complex commands.

In practical terms, AI creates computer systems that can interpret data and make decisions for themselves. This is done by creating algorithms, or sets of rules, that can sort and process data. The more data the system has to work with, its decisions will be more accurate.

AI is already being used in a number of industries, including healthcare, finance, manufacturing and logistics. It is also being used to create smarter personal assistants, such as Google Home and Amazon Echo.

The potential applications of AI are almost limitless. The various AI companies in Bangalore are working hard so that AI could be used to help humans with everything from managing their finances to finding a cure for cancer.

How has Artificial Intelligence helped the technology industry?

Artificial Intelligence has helped the technology industry in a number of ways. One of the most important ways is by helping to develop and improve search engines. Search engines are how we access information on the internet; they are constantly getting better at understanding our queries and providing us with relevant results.

AI has also been instrumental in developing voice recognition technology. This allows us to interact with our devices in a more natural way, and it is becoming increasingly accurate as AI continues to evolve.

In addition, AI is being used to create more realistic and believable virtual assistants. These assistants can help us with tasks like scheduling appointments and sending emails. As they become more advanced, they will be able to handle even more complex tasks.

AI is also being used to create better algorithms for things like facial recognition and identify fraud. As these algorithms become more refined, they will become even better at helping us protect our data and keeping our information safe.

What are the benefits of using Artificial Intelligence in your business?

The technology industry has been revolutionized by artificial intelligence (AI). By automating processes and providing insights humans wouldn’t be able to glean, the AI companies in Bangalore have helped the tech industry grow and scale in ways never before possible. Here are some specific ways AI has helped the technology industry:

  1. Automation of repetitive tasks: One of the most common uses for AI is to automate repetitive tasks. This can free up employees’ time to focus on more strategic initiatives. For example, many customer service reps use chatbots powered by AI to handle routine questions from customers. This allows the reps to spend their time addressing more complex issues.
  2. Insights from data: Another common use of AI is to help organizations make sense of the vast amounts of data they collect. Using machine learning, AI can surface patterns and insights humans would not be able to see independently. This is particularly helpful in industries like healthcare, where understanding trends in patient data can lead to better treatment options and improved outcomes.
  3. Improved decision-making: AI can help organizations make better decisions by surfacing relevant information and providing recommendations based on data. For example, a sales team might use an AI-powered tool to prioritize leads based on engagement level and past purchasing behaviour. This ensures that the team spends its time on the most promising opportunities.

Overall, AI provides several benefits for businesses in the technology industry.

Conclusion on Artificial Intelligence Impact on Business

Artificial intelligence has helped the technology industry in several ways. Automating repetitive tasks, it has freed up workers to focus on more important tasks. It has also helped improve customer service by providing faster and more accurate responses to questions. Additionally, AI has been used to develop new products and services and improve existing ones. As technology continues to evolve, it is likely that AI will continue to have a positive impact on the technology industry.  By understanding how AI can help your business grow, you can ensure that you stay ahead of the competition. For more details, on how AI can help you grow your business, talk to one of the best AI and ML Solutions companies in Bangalore – GoodWorkLabs.  

For more information, reach out here.

DevOps Development Services To Help You Grow?

DevOps is a term that has been gaining a lot of popularity in the past few years. It is a combination of the words “development” and “operations,” and it refers to the practice of breaking down complex systems into more manageable components. This kind of development can be done through automation, which makes it easier for developers to work on projects. In addition, DevOps can help organizations become more efficient and effective in their operations. If you are looking for DevOps development services that can help you achieve your business goals, then consider contacting us. Our team of experts can help you develop a plan that fits your specific needs and goals. Contact us today to learn more about our services.

What is DevOps?

DevOps is a development methodology that helps organizations move faster and more efficiently by adopting practices such as automated software delivery, continuous integration/continuous deployment, and agile methodologies. Services that can help you adopt DevOps include automation tools, Jenkins-based development environments, monitoring solutions, and collaboration tools.

DevOps Principles

DevOps is a methodology for managing software development projects that emphasizes collaboration and communication between the various elements of a project. The principles of DevOps are as follows:

  1. Build, release, and run: This principle states that software development should be done in iterations, with each iteration consisting of three parts: building (developing code), releasing (testing and releasing code to the user community), and running (monitoring and adjusting code). Continuous integration/continuous delivery tools help to automate these steps.
  2. Simplify/standardize/automate: This principle calls for eliminating unnecessary complexities in a system so that all users can understand it and make changes easily. This can be accomplished through the standardization of processes and tools, automation of tasks, and management of data.
  3. Empower team members: This principle promotes giving team members the autonomy needed to succeed while ensuring that decisions are made collectively. Automated feedback mechanisms help improve quality control while empowering users to take corrective action when necessary.
  4. Respond quickly to change: This principle calls for detecting changes as early as possible so that appropriate actions can be taken in a timely manner. Change management tools help organizations adapt quickly to changing conditions.

DevOps Tools

There are a number of DevOps development services that can help you automate your processes and streamline your workflow. These tools can help you keep track of your software development progress, manage code reviews and build systems, and more.

Some popular DevOps development services include DevOps Toolbelt, Chef Automate, Puppet Enterprise, and AWS CodeCommit. If you’re looking to take your automation efforts to the next level, consider taking a course or hiring a consultant to help you scale up your automation efforts.

What is DevOps, and what do you need it for?

DevOps is a term that describes the process of developing software in a more agile and collaborative way. This approach helps developers work together more effectively to create software that is both high-quality and efficient.

If you’re looking to speed up your development process, DevOps may be the solution for you. Here are some of the benefits of using DevOps:

  1. Improved Quality. With DevOps, developers can work together more quickly to find and fix errors in their code. This results in higher-quality software that is bug-free and works as intended.
  2. Increased Productivity. By working in a more agile manner, developers can produce better products faster than they would if they were working on a traditional project alone. This leads to increased profits and better customer satisfaction.
  3. Reduced Costs. When developers use DevOps techniques, they can reduce the time it takes to develop new features or make updates to existing software. As a result, businesses can save money on development costs while still achieving the desired level of quality and functionality.

If you’re ready to take your development process to the next level, contact us at [company name]. We’ll help you get started using DevOps techniques so you can achieve quicker results with greater quality assurance

How DevOps can help you with your business?

In today’s business world, agility and responsiveness are key. If you can keep up with the ever-changing tides of the market, you’ll be in a good position to stay ahead of your competition. But achieving this level of agility and responsiveness often requires a lot of hard work from individuals and teams.

DevOps can help you achieve agility and responsiveness by automating tasks that would traditionally require a lot of human labor. By taking on these automated tasks, DevOps allows your team to focus on more important aspects of your business. This not only leads to increased efficiency but also allows your team to develop new skills and capabilities.

So why should you invest in DevOps development services? There are many benefits that come with using these services. Here are just a few: this happens by monitoring and enforcing quality standards.

So if you’re looking to achieve increased efficiency, development speed, quality, and profitability – DevOps development services are the perfect solution for you.

1) Increased Efficiency: Having automated tasks running smoothly reduces the amount of time that is needed to carry out day-to-day operations. This freed-up time can be used to focus on more important aspects of your business, such as developing new features or increasing sales volume.

2) Development Speed: Automated tasks also speed up the development process by eliminating the need for human input. This means that new features can be released faster than if they were developed manually.

3) Improved Quality: With all the automation happening within your development process, it’s essential that everything is executed correctly the first time around. DevOps development services will ensure that this happens, resulting in high-quality products that meet customer expectations.

4) Profitability: By taking on automated tasks, you’ll reduce the amount of time that is needed to complete projects. This means that your team can spend more time focusing on profits and increasing sales. products that meet your customer’s expectations.

4) Increased Profitability: By automating tasks, you can significantly reduce the cost of development. This means that you can invest more in developing new features or speeding up the development process, and still make a healthy profit.

5) Increased Productivity: By taking on automated tasks, your team can increase their productivity by 50% or more. This means that they can produce more output in the same amount of time, which leads to increased profits.

So if you’re looking to achieve increased efficiency, development speed, quality, and profitability – DevOps development services are the perfect solution for you.

In the rapidly changing business world, it is essential that businesses adapt to the latest technological trends to remain competitive. One such trend that businesses should be aware of is artificial intelligence (AI). As AI continues to evolve and become more sophisticated, it will become increasingly crucial for businesses to adapt their strategies in order to take advantage of its capabilities. By understanding how AI can help your business grow, you can ensure that you stay ahead of the competition. For more details, check out – GoodWorkLabs 

How AI Is Transforming The Retail Industry?

The role of AI or Artificial Intelligence in the retail industry is finally coming to the surface. As per studies, presently, the spending of the retail industry is around $49 million. After the inclusion of AI, it is expected to rise to $12 billion by 2023. The AI in the retail industry is estimated to increase more than 200% in terms of spending within 2023. The statistics clearly indicate the prevalence of this technology in the market.

With AI, retailers can gain more information on consumers. It will inevitably change the entire makeup of the retail sector. However, to stay ahead in the game, retailers need to understand, learn and adopt AI into their business. It is vital to understand the impact of AI in retail before using it.

Advantages of AI in the retail industry

There are numerous benefits that retailers can gain from the adoption of AI into their business. Take a look at some of the advantages of having more knowledge.

Better customer experience

With the use of AI, retailers can now offer a smooth and rich shopping experience to their customers. The AI-integrated mobile phones can aid in the sale of products, thereby leading to an increase in conversion rates. Moreover, a more customized approach can sway consumers to shop with you even more.

Optimization of tasks

It is without a doubt that with the integration of AI, routine tasks get instant automation. Moreover, this technology can also assist in highly demanding work. For instance, AI can aid in the scheduling of labor, planning of routes for timely deliveries, tracking of the delivery, and much more.

Enhanced marketing

Leveraging AI to promote and market products or services can eventually aid in the increase of sales. For instance, voice and speech, facial recognition, Chatbots, virtual assistants, and more can assist in marketing. Did you know that the adoption of AI into all customer-related things can lead to the reduction of consumer complaints by almost 15%?

Avoidance of long queues

Equipped with powerful AI, retailers are quickly integrating camera, audio, and Wi-Fi into the shopping experience. It would ultimately lead to the “Connected Shopping” phase where customers don’t have to wait in queues to try products or check out services. This seamless shopping experience reduces the waiting duration drastically.

Accurate forecasting

Accurate machine learning-based forecasting can lead to a massive amount of revenues for retailers. This way, the retailers can gain more margins in terms of profit and meet the consumer demands without any hassle. As per a report, this forecasting backed by ML is estimated to attain revenues of about $3 billion by 2023.

Extraction of valuable data

While collecting data has never been an issue with the retail industry, transcripting data that is valuable was. With machine learning and AI, retailers can now extract customer data and use it to build proper marketing strategies. Most e-commerce giants such as Walmart adopt ML to predict the likeliness of the shoppers in the purchase of a particular product.

Conclusion

The wide range of advantages that AI brings into the fold matters a great deal. From optimization of daily tasks to enhanced promotion, businesses will prosper. However, one needs to understand which aspect of AI aligns the best with the retail business. For that, consultation with the best company that provides Artificial Intelligence solutions is the best idea. Consult GoodWorkLabs for all your AI needs and watch your business grow! Contact the team here.

Top 5 Ways AI Is Transforming The Healthcare Industry

AI or Artificial Intelligence has changed the world in ways that we couldn’t have even imagined. Such unpredictable and quick growth of AI in various sectors has led to the usage of innovative technology on a greater level. However, the one sector that seems to have benefited the most is healthcare. Did you know that the global revenue for AI in the healthcare industry is expected to cross USD 45.2 billion by the year 2026? 

Different ways AI is changing the healthcare market

With the assistance of AI, both patients and doctors have gained a wide array of benefits. Check out the five different ways that AI is transforming the healthcare industry as we know it. 

  • Medical diagnostics

Infusing AI in diagnostic machinery has improved the chances of getting accurate results to a great extent. It has essentially eliminated all the shortcomings. It has also made it easier for doctors to come up with a suitable treatment plan. With deep learning codes and algorithms, it is now easy to differentiate between clots and tumors. Moreover, this has led to the reduction of medical diagnostic errors by almost 50%. Furthermore, with smart diagnosis, healthcare is expected to improve even more. 

  • EHR or Electronic Health Records

The manual handling of patient health records is a tedious and time-consuming task. With a comprehensive volume of paperwork and the effort needed to ensure there are no errors, EHR has surely changed the scenario completely. Electronic Health Records or EHR automates the recording process with ease. With AI, it is now easy to identify the voice and interpret different languages. It leads to the saving of time and effort. Now, it is easy to gain access to information such as allergy details, medical history, etc. 

  • Digital assistants

Following up on appointments is not difficult anymore. It is understandable that doctors work round the clock tirelessly to offer healthcare services. With virtual nursing assistants, you can now ensure that you get the basic check-up. The AI-based systems will ask necessary health questions and then make a diagnosis depending on the symptoms you describe. Moreover, nowadays the chatbots can even assess handwritten images and texts without any issue. 

  • Surgical robots

AI-based robots have aided surgeons in operations successfully. Now, robots can ensure that there is exceptional precision while conducting surgeries. With these robots, patients can now expect better outcomes due to the availability of data. Fewer errors and increased efficiency make it easy for surgeons to treat patients. Moreover, it also offers real-time data to healthcare professionals during complex surgeries. Now, doctors don’t have to worry about trembling hands. 

  • Virtual consultation

With AI, digital consultation is easy and simple. Now, patients can interact with doctors without any hassle. Deep learning ensures that the user can make accurate decisions. Moreover, with the natural learning process, AI can help in answering the various queries of the patients. With the understanding of complicated sentences and other information, the virtual system can offer a genuine medical suggestion. 

Conclusion

It is without a doubt that AI has changed the healthcare industry massively. Now, medical professionals can opt for suitable treatment plans with the assistance of advanced diagnosis. Moreover, patients no longer have to wait in hospitals just to make appointments. With Chatbots and other technological innovations, patients can easily interact with healthcare professionals in times of need. Want to know more details about how AI can help your business to grow? Get in touch with our in-house AI experts at GoodWorkLabs, who will guide you through the benefits AI can bring when incorporated into your business processes. Contact here!

Why Should Your Business Embrace AI? Read Details

Artificial intelligence (AI) is the most revolutionary technology in today’s world and has the ability of machines to interpret data and act intelligently. AI can carry out tasks, based on data, similar to how a human does it.  We use AI in our daily lives, such as asking Alexa for the weather report and even social media platforms rely highly on AI. buying something that Amazon recommends, and unknowingly we have made it a part of our lives.

 

Large corporations have already leveraged AI but the major challenges come for the small and medium-sized enterprises. In the coming days, AI is bound to play a dominant role in our lives. Many artificial intelligence companies have understood AI’s potential, and have incorporated it.  GoodWorkLabs, an artificial intelligence company in Bangalore has a team of experts who are skilled to incorporate AI into your business systems.

 

You must be thinking, why should your business embrace AI, and how it will help you?

 

Here are the top five benefits of AI that makes it beneficial for businesses around the world – 

 

1. Automates Customer Interactions

AI enables companies to automate any repetitive tasks many customer interactions that require human intervention. Artificial intelligence companies leverage AI to program the computer so that it responds to customers by using previous details accurately. This includes communicating via email, social media conversations, telephone calls, and online chat. Furthermore, by combining AI with machine learning, the platforms interact even better. Thus the regular tasks that can take up a lot of time and workforce are simplified by leveraging AI in the business process. 

 

2. Gives personalized solutions

AI helps in personalized marketing and gives preference to each customer.  A personalized approach to consumers increases engagement, customer loyalty and results in brand promotion and improving sales. AI also helps to identify patterns in customers’ buying habits and behavior. This further allows companies to craft specific offers for individual customers. Cloud-based AI apps can even find out relevant pieces of information while processing big data. 

 

3. Stay ahead of the competition

With AI becoming a part of our daily lives, every business in the coming days will implement it and AI will become a more affordable and common technology. So now is the right time for your business to implement AI It will not only give you immense benefits but also will attract customers to your business and build your brand.

 

4.AI will help in conducting market research

As AI has the ability to predict outcomes based on data, it will help in both the present day and for future needs. By implementing an AI strategy in your market research, businesses can benefit from the data procured of the market trends. If you want your business to stay ahead of the competition, you must implement them and use AI to grow.

 

5.AI fuels other technology trends

AI is the base on which various other technology trends are built, such as virtual reality, chatbots, facial recognition, autonomous vehicles, etc. Without AI, all these advances were not possible. AI, along with machine learning, has brought about a significant change in the technology industry. 

 

Now Use AI In Your Business Process. Contact GoodWorkLabs

Whether you are in the eCommerce business or any other product or service-related work, you must know how AI can help you succeed further.  Talk to our experts and understand how artificial intelligence can help you grow. GoodWorkLabs, a renowned artificial intelligence company in Bangalore, will help you figure out where to apply AI. Shoot us an email at – contact@goodworklabs.com to discuss further.

 

 

GoodWorkLabs Fighting COVID-19 

Hit by a pandemic, we all have changed the way we have been working and prioritising work. Almost all the businesses in the world have changed their work approach and business model to fit in the new normal in the past few months. Understanding the gravity of the situation, many corporates are now providing a helping hand to the government, health-care institutes, and the public at large by helping them fight COVID-19 in one way or the other.

GoodWorkLabs, a world-leading technology organisation based in Bangalore, India and San Francisco Bay Area, USA has always been committed to helping businesses solve complex problems using technology. During these unprecedented times, we have pledged to help create sustainable and affordable tech solutions to fight the COVID-19 crisis. Being a futuristic tech company, we are looking forward to partnering with businesses/ startups to create effectively-designed tech solutions to combat the COVID-19 problems that the world is facing today.

We believe that even if the technology cannot prevent the onset of the pandemics, it can, however, help prevent the spread of infection, educate, empower, and warn people around. We can help businesses and start-ups optimise the trending technologies to fight COVID-19 – application development, cloud, IoT, big-data, AI/ML, etc.

fighting coronavirus with tech.png

Mobile Application Development: 

GoodWorkLabs is one of the leading app development company in India. We are known for developing cutting-edge mobile applications and games on all major platforms – iPhone, Android, and Windows. With the hands-on experience in the app development industry, we have helped businesses and start-ups leverage their presence in the app store markets.

During the pandemic, the developers at GoodWorkLabs are highly motivated to use their talents and ideas in building an innovate mobile application that can help end-users be aware and safe during this pandemic.

Artificial Intelligence and Machine Learning

GoodWorkLabs comes with a vast experience of setting up an advanced centre of big data, AI, and ML technologies. We have worked with clients ranging from Start-ups to Fortune 500 companies to develop unique and helpful solutions using these technologies. We believe that big data, AI, and ML can transform business and its operations in the near future. Understanding the nuances of AI, ML, deep learning, language processing, and big data, we ensure to create solutions that are powerful and reliable backed by minutely detailed data.

Cloud and Internet of Things

At GoodWorkLabs, we have a dedicated and most skilled IoT app development team which is committed to delivering products and applications that bring change in the current times. Over the years, we have supported clients from India, the USA, and Europe in the optimization and automation of the IoT products. Seamlessly delivering the effective and ahead of time IoT products and applications is our key focus area at this moment.

Observing the current world crisis closely, we believe that the world has now truly understood the importance of digital readiness. The acceptance and usage of these digital technologies will help us be aware, ready, and fight the current and future pandemics. It is essential for the companies, corporates, and start-ups to focus on building necessary digital infrastructure and help the community and people stay safe and aware. We are in the times when we should take an approach where technology is used for people-centred problems.

In this regard, we are looking forward to partnering with businesses/start-ups to create effectively-designed tech solutions that combat the COVID-19 problems the world is facing today. Let us together make a difference and enable a COVID free world! Connect with us at contact@goodworklabs.com or call +91- 9863077000 and read about our service offerings in detail here.

 

How Can AI And ML Help You Build Trending Mobile Applications

Enough has been spoken and heard about artificial intelligence and machine learning. Most of us are aware of these technological jargons. We are in a world where we must have come across these technologies on a daily basis, but little do we know deeper about it. From tech to voice to face enabled devices, we all have witnessed a dramatic evolution of technology in the last decade. It did not only contribute towards the transformation of the internet and software industry, but also the lives of individuals – you, me, and us!

Technologies related to AI and ML is expected to grow in the years to come. Even many social media platforms are today investing ample amount of money in the development of AI techniques to keep their audiences hooked to the platform. Over-viewing the mobile app industry, it is not a hidden fact that today most of the mobile applications are built on AI and ML technologies. Today, we have mobile applications for all our activities – shopping to dating, food to fashion, travelling to surfing, etc.

How Can AI And ML Help You Build Trending Mobile Applications

According to a report by Statista, the global artificial intelligence market is expected to grow greatly by generating 118.6 billion revenue in 2025. Viewing that, the future of AI and ML technology looks very promising. Therefore, it is a great time to incorporate some AL and ML techniques in your mobile application. Let us look at how two of the leading the AI and ML techniques can help build a trending mobile application:

Predict User Behaviour 

You must have used Amazon or Myntra. Did you get what we are hinting at?

Yes, those suggestions, recommendations, and notifications. They provide you with the most similar products you are looking for. How do you think this happens? Is there is a fairy in the app? Yes, there is and she exactly knows – what you are looking for, what you like and what you don’t, what excites you and what makes you add the items in the cart. Well, no points for guessing, she is AI and ML.

AI and ML mobile applications developed by top AI and ML app developers help the businesses and their marketing teams to understand customer behaviour and psychology. The insights drawn provides information on customer choices, preferences, buying patterns, and budgets by capturing data such as age, location, gender, buying frequency, spending capacity, etc. It is the perfect integration of in-depth data learning and observing the user behaviour across all devices that help create a 360o view on customers. The data so collected enables the brands to approach each customer group and deliver products that perfectly fit their individual needs.

Virtual Assistants 

Hey Siri! “Go on, I am listening” – Siri (Well, there’s someone ‘listening’)

That is how we connect with our smartphones these days, don’t we? Siri, Alexa, and Google, all are changing the digital way of communication with our phones and mobile applications. The technology helps you use your phone or a mobile application while you are performing some other task. It has made the user experience much seamless and fruitful.

This technology has further strengthened the trend of online shopping. Today, 95% of online shopping in the world is made through voice commands and that shouldn’t be a surprise. Industry to industry, virtual assistants are greatly impacting and disrupting the way consumers purchase and retailers sell/market.

Are you still wondering how can you invest in AI and ML? Lets us connect to understand your requirements and help you with an AI and ML based mobile application. Connect with us at +91- 9863077000 or contact@goodworklabs.com.

 

 

Three Technologies That Will Foster After The COVID-19 Pandemic 

The last decade introduced the world to the digitization of many sectors. This helped the global trade to increase worldwide as many developing and emerging countries became important trading partners and potential sales and development markets. Digitization has helped us to be more connected and perform our daily tasks more effectively. It has made the world a global village and people global citizens.

However, the economies built in the previous decade came crashing to the ground in the last few weeks as COVID-19 pandemic hit the world. While the pandemic has had a great impact on the global economy, it taught us how to fight and improve the current condition using technology. It has laid a new pathway by disrupting our lifestyles by enabling contact-less and virtual experiences. Even though the technology cannot prevent the onset of the pandemics, it can, however, help prevent the spread, educate, empower, and warn people around. Today, these technologies are emerging more than ever – mobile, cloud, analytics, robotics, AI/ML, 4G/5G, and high-speed internet.

Three Technologies That Will Foster After The COVID-19 Pandemic 

Let us look at three technologies that are disrupting our lifestyle each day during this pandemic:

Artificial Intelligence and Machine Learning

From tracking the travel history of COVID-19 patents to analysing the symptoms of people exposed to the infection, the applications used by many governments do it all. These applications use chatbots to gather information from people, and the technology used in these applications is that of AI and ML. This enables the government to collect reliable information much easier and faster without any human intervention.

The advent of more such mobile applications and software will help ease the lifestyle of customers.

Extended Reality

Augmented and virtual reality is surely a boon in the world of lockdown and quarantine. This technology can be used in providing more meaningful and real experiences for people. The technology can help you see the world while you are locked in your home. This experience will change the way we travel, work, and relax. For instance: Realty brands can focus on using AR/VR videos to target their audiences by helping them take a walk-through the project while they are seated in the comfort of their home. This is an example of how a sector can use the contact-less experience to their advantage.

Cloud and Internet

The last few weeks have seen a great transition in the way the workforce can function. Companies got to believe that remote working and work from home concepts can be of their advantage. The transition to work from home and remote working has increased the dependency on cloud and internet infrastructure. The usage of this technology is set to remain the same even post lockdown and pandemic as many companies are moving towards welcoming a ‘hybrid’ way of working. This will increase the demand for teleworking applications and software for the team to be connected and interactive.

Talking about the internet, technology has changed the sector of education. It has enabled kids to learn and study from home using applications that require an active internet connection to connect with their peers and teachers. For times to come, e-learning will be an accepted norm for the parents and teachers alike.

The COVID-19 pandemic has demonstrated to the world that importance of digital readiness. The acceptance and usage of digital technology will allow the business and individuals to continue their work and chores as usual during the pandemic. The companies at large will focus on building necessary digital infrastructure by using the latest technology to stay connected with their employees and customers. The pandemic has increased their market competition by many folds, therefore businesses will have to take an approach that is human-centred and inclusive using technology governance.

 

15 Mind-Blowing Stats about Artificial Intelligence

Are you looking to incorporate AI tech in your existing business model or are you generally curious about this technology? Get an insight into how Artificial Intelligence technology increases the productivity of the business and accelerates performance.

In either case, there are some mind-boggling essential facts that you must know about AI. 

Starting with the basics, we are quickly briefing you about this technology.

In the current industry scenario, some industry sectors are at the start of their AI journey, while others are veterans. 

Artificial Intelligence and Machine Learning are now considered one of the significant innovations since the microchip. 

We have come a long way since they set foot in the market. Machine Learning used to be a fanciful concept from science fiction, but has now become a reality.

Neural networks paved the way for “deep learning” breakthroughs in Machine Learning. While the previous Industrial Revolution has harnessed physical and mechanical power, this new revolution will harness mental and cognitive capacity. Many experts in the field believe that Artificial Intelligence Technology is ushering the next “Industrial Revolution”. 

Someday, not only manual labor will be replaced by computers, but also intellectual labor. But, the question is how exactly is this going to happen? Or has it already started?

By 2025, it is projected that 463 exabytes (EB) of data will be produced globally each day — equivalent data in 22 crore DVDs per day. That’s huge!

How Artificial Intelligence and Machine Learning will impact our day-to-day lives in times to come?

 

1) AI into Automated Transportation

Have you been flying on an airplane recently? If so, you’ve already experienced the automation of transportation at work. Such modern commercial aircraft use FMS (Flight Management System) to control their location during flight, motion sensors, a combination of GPS, and computer systems.

 

2) Self Driving Cars and AI

It is more difficult to leap into self-driving car business. Since there are more cars on the road, many obstacles to avoid, and the traffic patterns and rules restrictions which we need to adhere to. 

According to a report of 55 Google vehicles that have traveled over 1.3 million miles overall, these AI-powered cars have even exceeded the safety of human-driven cars.

With Google Maps’ assistance on your smartphone about location data, we have already conquered the GPS forefront. A similar GPS is used in these cars, which can calculate how quickly the device is traveling by comparing the position of a device from one point in time to another.

It can decide how slow real-time traffic is. It can combine information with user-reported incidents to create a traffic image at any given time. Maps will determine the fastest route between you and your destination based on traffic jams, construction works, or accidents.

What about the ability to drive a car? Well, machine learning enables self-driving vehicles to adapt instantly to changing road conditions while learning from new road situations at the same time. Onboard computers can make split-second decisions much faster than well-trained drivers by continuously filtering through a flow of visual and sensor information.

All this is based on the very same machine learning principles used in other industries. You have input characteristics (i.e., real-time visual and sensor data) and output (i.e., a decision on the next actions for a car). Amazing, right?

 

3) Cyborg Technology

Our minds and bodies are less than perfect. Technology will improve to the extent that we can increase some of our computer weaknesses and limitations, enhancing many of our fundamental skills.

But, wait before you start to imagine dystopian worlds of steel and blood, consider for a moment that most people walking around are in a certain way “cyborgs.”

How many people do you know that without your trusty smartphone would survive the day? For contact, navigation, information learning, receiving important news, and a host of other things, we still rely on these handheld computers.

 

4) Taking Over the Dangerous Jobs

Bomb disposal is one of the most dangerous jobs. Today, among other things, robots (or more technically drones) take over these risky jobs.

Currently, most of these drones need to be operated by a human.

But as machine learning software is evolving in the future, robots with artificial intelligence would do these tasks entirely. This technology has already saved thousands of lives on its own.

Welding is another work outsourced to robots. This type of work produces noise, intense heat, and fumes toxic substances.

Such robot welders would need to be pre-programmed to weld at a specific position without machine learning. Improvement in computer vision and deep learning, however, has allowed greater flexibility and accuracy.

 

5) How AI helps in nursing elders?

Everyday tasks can be a struggle for many senior citizens. Many have to hire help from outside or rely on members of the family. 

For many families, elder care is a growing concern. In-home robots can support elderly relatives who don’t want to leave their homes.

This approach provides more flexibility to family members to handle the care of a loved one. The in-home robots can help seniors with daily tasks and allow them to stay as long as possible independent and live in their homes, improving their overall well-being.

Health and Artificial Intelligence scientists even have infrared-based systems that can identify when an older adult falls. Scientists and medical specialists can also track sleeping, feeding, decreasing mobility, fluid intake, chair and bed comfort, urinary frequency, restlessness, fatigue, food and alcohol consumption, and many more.

 

6) AI into enhanced Health Care

Hospitals might soon put your well-being in the hands of AI.  Hospitals that use machine learning to help treat patients have fewer accidents and fewer cases of hospital-related illnesses, such as sepsis.

Artificial Intelligence also tackles some of the most intractable problems in medicine, such as helping scientists to understand the genetic diseases with the help of predictive models better.

Initially, health professionals must manually check the information reams before they diagnose or treat a patient. High-performance computing GPUs have become primary resources for deep learning and AI applications.

Deep learning models can offer real-time insights and, in conjunction with an abundance of computing power, help healthcare professionals diagnose patients more quickly and accurately, create innovative new drugs and treatments, minimize clinical and diagnostic errors, predict adverse reactions, and reduce healthcare costs for clinicians and patients.

 

7) Artificial intelligence is capable of changing the business forever

It is a promise to take care of all the tedious things that employees are already doing, freeing their time to be more imaginative, and doing the job that machines are unable to do.

Today, emerging technology is mainly used by large companies through machine learning and predictive analytics.

 

Here’s a look at AI’s current county and what lies ahead:-

  1. Nowadays, only 15% of companies use AI whereas 31 percent said it was on the agenda for the next 12 months.
  2. For those companies already in the Artificial Intelligence range, high-performing companies have said that they are more than twice as likely to use technology for marketing as their peers (28% vs. 12%). Unsurprisingly, data analysis is a key Artificial Intelligence focus for businesses, with on-site customization being the second most frequently cited use case for AI. 
  3. The survey respondents have described customer personalization (29%), AI (26%), and voice search (21.23%) as the next dominant marketing pattern. These top three responses, totaling 75% of all AI applications, indicate that AI is more widespread and accessible than the respondents are aware of. 
  4. 47% of digitally mature organizations or those with advanced digital practices have established a specified AI strategy. 
  5. Business leaders said they agree that AI will be fundamental in the future. In reality, 72% said it was a “business advantage.” 
  6. Of those who have an innovation plan, 61% said that they are using AI to find information gaps that would otherwise be overlooked. Just 22% said the same thing without a strategy. 
  7. Consumers use more AI than they know. While only 33 percent claim that they are using AI-enabled software, 77 percent currently using AI-enabled products or phones. 
  8. 38% of customers said they believed that AI would boost customer service. 
  9. Out of 6,000 people surveyed, 61% said they thought AI could make the world a better place. 
  10. In a survey of more than 1,600 marketing professionals, 61%, regardless of the size of the company, pointed to machine learning and AI as their company’s most significant data initiative for next year. 
  11. The effect of AI technology on business is projected to increase labor productivity by up to 40% and allow people to make more productive use of their time. 
  12. The largest companies, those with at least 100,000 employees are most likely to have an AI plan, but only half of them have one. 
  13. More than 80% of the executives see AI as a strategic tool. 
  14. Voice assistants are incorporated into a wide range of consumer products; almost half of US adults (46%) are now using these apps to communicate with smartphones and other devices. 
  15. When asked about requirements for marketing software providers to have native AI capabilities, more than 50% of the communicators said it was essential or appropriate to do so. 

 

Winding Up

As many people have rightly noted, the idea of Artificial Intelligence is not a new one. It’s been around since the very early days of computing. Pioneers always have invented ways to build smart learning machines.

At present, the most promising method for AI is the use of applied machine learning. Instead of trying to encrypt machines with everything they need to know beforehand (which is impossible), we want to allow them to learn, and then learn how to learn. 

The time for machine learning has arrived, and it is in the process of revolutionizing all of our lives.

Liked our content? Then visit us today at GoodWorkLabs and learn more about us. For any feedback or suggestions, you can comment in the drop-down section.

 

 

How can Artificial Intelligence enhance Travel?

#Wanderlust is trending on social media channels. There is no denying that curated travel experiences have been at the heart of the travel industry.

People, these days, participate actively to enhance their travel experiences. As the travel industry is picking numbers, the demand for personalization is growing.

This sudden rise in customization demands has necessitated the use of forward-technologies to cover the gap. As it appears, Artificial Intelligence enhances travel experience to fulfill the gap of demand and supply.

The emergence of Artificial intelligence to enhance Travel!

Technologies like Artificial Intelligence (AI) and Machine Learning assist travel enthusiasts to a great extent. They help people get a faster, safer, and more personalized travel experience.

As we speak, Artificial Intelligence is already making a significant impact on the travel and tourism industry. The role of Artificial Intelligence in the functions of traditional human cognition has made life easier.

For giant business houses with frequent travel requirements, AI proves to be beneficial in many ways-

  • Saving time and money.
  • Provide memorable travel experiences.
  • It ensures that business travelers reach their desired destinations without trouble.

In the midst of advancement, it is very well accounted that the expectations of travelers have changed over time. Factors like price, comfort, and services on offer are more crucial than anything else. These expectations can be met successfully by using machine learning.

Artificial Intelligence is a term synonymous today with Internet businesses, e-visa processing, citizen services, travel hubs, and contact centers. The technology has entirely changed the general operational activities in a brief time.

Moreover, speech recognition, language translation, and visual perception are impacts felt in all businesses these days. When AI was not renowned as it is today, experienced industrialists around the world expected disruption by the use of AI.

This particular fear of disruption has not been too important, though. Major industry players are aware of the use of machine learning to provide quick services to clients.

how can Artificial Intelligence Enhance Travel

What exactly does AI do for travel

When it comes to tourism, there are several activities where Artificial Intelligence enhances travels and tourism experience.

Visa:-

Operational windows of contact centers play a crucial role to address visa related queries without too much trouble. AI creates a smooth link between business and visa applicants.

From selecting a preferred language or evaluating the wait time, AI chatbots take in little details to optimize contact centers. Furthermore, getting a customer’s automatic identification or any other piece of relevant data becomes a great experience through a simple AI algorithm.

Data Security:-

With new trends coming up in technology, the importance of data security and privacy has increased immensely. To get a global visa, many outsourced companies need to follow the guidelines of data security and embassy protocol.

Keeping cyber threats into consideration, Visa providers have become more watchful. They now pay more attention to security audits, data encryption, and make use of fool-proof password control systems.

Security here is the first priority and should complement the pace of innovation in the tourism sector.

How AI Is Redefining Travel Today

“Relevance” is a keyword and an important winning factor with AI in the travel sector.

It boils down to the point whether AI has enough potential to bring about a significant change in the ways travel experiences are delivered to customers.

There are a few key areas where the use of Artificial Intelligence can have a lot of impacts to give a better experience for the customers-

  1. DIGITAL INTERACTIONS AND VOICE-BASED ASSISTANTS

In today’s time, a traveler has access to every imaginable piece of information on a single website. Through these websites, travelers plan their destinations and compare different options. Budgets, bookings, and their cancellations come after that.

All of the above activities involve a reading of different descriptions, terms, and instructions before people arrive at a decision. A great alternative is to provide other apps with the role of reducing the interaction.

Bots using Natural Language Processing (NLP) perform the task of nailing more personal interaction for AI through context. The bot finds it easier to understand the meaning of a customer’s query and sort it.

Together, NLP and AI add a lot of weight to every travel-related activity. The immense scalability of these bots is also a fantastic facet to their attributes. AI assistance will go a long way to reduce the inconvenience faced by frequent travelers.

  1. FACIAL RECOGNITION WITH ADDED IMPACT THROUGH BLOCKCHAIN

Travel requires constant monitoring of related documents by different sets of people. There are complex on-boarding and off-boarding processes involved. Facial recognition is a positive way to bring an end to these tiring paper-driven procedures.

Facial recognition will allow travelers to quickly move through airports, customs, immigration, and board flights without having their documents validated.

When combined with blockchain, customers find it easier to visit restaurants and duty-free stores. They can entertain themselves after just a face scan. Blockchain technology ensures that reliable data is always available to complete transactions.

  1. MACHINE LEARNING, A NEW PERSUADER

Airports and airlines have begun to replicate shopping malls and huge retail outlets. Everything from blankets, seats, and hotel rooms are sold there. Machine learning has emerged as a new trend to assist with the sales procedure.

By the use of big data and machine learning, airlines can develop recommendation engines. The role of these engines is to personalize the offers around products from their catalogs.

AI and machine learning make personalization easy. This is because travelers expect travel companies to understand their preferences and offer better deals.  Machine learning also uses external data to help travelers to make quick decisions.

 

The applications mentioned above of Artificial Intelligence, or AI, have one thing in common; they lead to time reduction and also improve the accuracy of outcomes generated.

In an industry where time is of the essence, and data is fluctuating, AI provides many capabilities to ensure things work out correctly.

Did you like this post? Have an actionable idea on AI? Hire us and open the doors of wonders. Let’s work together. Contact us!

 

 

 

Ready to start building your next technology project?