Artificial intelligence

Artificial intelligence (AI) can be defined as a concept which involves developing smart machines capable of performing tasks that typically require human intelligence. That is, AI presents an alternative to human intelligence and thought processes wherever possible. This could include recorded answers to calls, interactions, calculations, and more. SGS Technologie is an AI consulting company/software development company headquartered in Jacksonville. We actually are regarded as one of the best software development companies in Florida with AI consulting offices in Tallahassee-Florida and Frisco-Texas. SGS has experience in developing AI solutions for various sectors across the United States. This experience along with our expertise has been used to create a post about the impact which Artificial Intelligence has on various industries. 


Healthcare

AI is already being used for various healthcare services. This includes data mining for identifying patterns and then carrying out the most accurate diagnosis along with treatment of medical conditions. For example, AI tools and/or systems can be used to predict illnesses and other poor health conditions of a person by studying his/her medical records and current diagnosis. AI in healthcare can be used for medical imaging, medication management, drug discovery, and robotic surgery among others.


Retail and E-commerce
Retailers can find patterns in consumer behavior and align strategies accordingly. The best examples of these are online marketplaces or e-commerce platforms. Each time customers visit an e-commerce platform and make purchases; their behavior is observed in addition to the patterns being saved. ‘What are the products a customer in a particular category looks for the most? How do the factors of price, trends, brand name, and more affect these purchases?’ These are just a couple of trends that AI can observe. Future business strategies can be devised based upon these inputs.


Banking and Financial Services
Human resources in several departments can be replaced by AI-based systems or AI robots to facilitate faster processing of data and delivering more accurate results. AI can be used in banks to process loan applications within seconds. Big data analytics is combined with Artificial Intelligence to determine factors that include the repayment capacity of bank customers, payment defaults if any in the past and even health-related factors. Also, AI-based chatbots can be used by insurance companies to improve the customer experience and create insurance plans and products based on genuine data. 


Logistics and Transportation
Machine learning and predictive analytics can make supply chain management a seamless process. Warehouses can use AI-enabled machines for sorting and packaging products. Furthermore, AI algorithms are also being increasingly used to find the quickest shipment route and support the last-mile delivery. These benefits of AI are already evident in the rise of self-driving vehicles. AI-based self-driving will potentially replace manual driving and make driving on roads safer. In addition, AI algorithms can be utilized to optimize public transport for scheduling and routing. Traffic light management is also a possibility. 


Real Estate 
Adaptation of AI in real estate sectors can open for agents, brokers and also clients. AI-powered bots help brokers and agents find the perfect match for people looking to buy, rent or sell their properties. Also, AI-based chatbots can operate 24*7 and offer responses to queries made on a web/mobile application even during odd hours. This will ensure that no lead goes to waster and real estate companies, as well as agencies, get the maximum benefit.


Manufacturing
It can be employed across several lines and layers of operations, from the workforce, planning to product design, thus improving efficiency, product quality as well as employee safety. To be specific, machine learning and artificial neural networks can be deployed in factories to support the predictive maintenance of critical industrial equipment and accurately predict malfunctioning. With the help of these networks, measures can be taken on time to restore the equipment and prevent unnecessary expenditure on downtime.


AI is progressing fast and SGS is growing with it. We understand that the concept of AI has enabled endless possibilities with machine learning as well as data analytics, it is future of technology. Reach out to SGS for an elaborate discussion on the topic and how we can help your company get the best out of this technological factor. 

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Impact of AI on Various Industries

 16

Artificial intelligence (AI) can be defined as a concept which involves developing smart machines capable of performing tasks that typically require human intelligence. That is, AI presents an alternative to human intelligence and thought processes wherever possible. This could include recorded answers to calls, interactions, calculations, and more. SGS Technologie is an AI consulting company/software development company headquartered in Jacksonville. We actually are regarded as one of the best software development companies in Florida with AI consulting offices in Tallahassee-Florida and Frisco-Texas. SGS has experience in developing AI solutions for various sectors across the United States. This experience along with our expertise has been used to create a post about the impact which Artificial Intelligence has on various industries. 


Healthcare

AI is already being used for various healthcare services. This includes data mining for identifying patterns and then carrying out the most accurate diagnosis along with treatment of medical conditions. For example, AI tools and/or systems can be used to predict illnesses and other poor health conditions of a person by studying his/her medical records and current diagnosis. AI in healthcare can be used for medical imaging, medication management, drug discovery, and robotic surgery among others.


Retail and E-commerce
Retailers can find patterns in consumer behavior and align strategies accordingly. The best examples of these are online marketplaces or e-commerce platforms. Each time customers visit an e-commerce platform and make purchases; their behavior is observed in addition to the patterns being saved. ‘What are the products a customer in a particular category looks for the most? How do the factors of price, trends, brand name, and more affect these purchases?’ These are just a couple of trends that AI can observe. Future business strategies can be devised based upon these inputs.


Banking and Financial Services
Human resources in several departments can be replaced by AI-based systems or AI robots to facilitate faster processing of data and delivering more accurate results. AI can be used in banks to process loan applications within seconds. Big data analytics is combined with Artificial Intelligence to determine factors that include the repayment capacity of bank customers, payment defaults if any in the past and even health-related factors. Also, AI-based chatbots can be used by insurance companies to improve the customer experience and create insurance plans and products based on genuine data. 


Logistics and Transportation
Machine learning and predictive analytics can make supply chain management a seamless process. Warehouses can use AI-enabled machines for sorting and packaging products. Furthermore, AI algorithms are also being increasingly used to find the quickest shipment route and support the last-mile delivery. These benefits of AI are already evident in the rise of self-driving vehicles. AI-based self-driving will potentially replace manual driving and make driving on roads safer. In addition, AI algorithms can be utilized to optimize public transport for scheduling and routing. Traffic light management is also a possibility. 


Real Estate 
Adaptation of AI in real estate sectors can open for agents, brokers and also clients. AI-powered bots help brokers and agents find the perfect match for people looking to buy, rent or sell their properties. Also, AI-based chatbots can operate 24*7 and offer responses to queries made on a web/mobile application even during odd hours. This will ensure that no lead goes to waster and real estate companies, as well as agencies, get the maximum benefit.


Manufacturing
It can be employed across several lines and layers of operations, from the workforce, planning to product design, thus improving efficiency, product quality as well as employee safety. To be specific, machine learning and artificial neural networks can be deployed in factories to support the predictive maintenance of critical industrial equipment and accurately predict malfunctioning. With the help of these networks, measures can be taken on time to restore the equipment and prevent unnecessary expenditure on downtime.


AI is progressing fast and SGS is growing with it. We understand that the concept of AI has enabled endless possibilities with machine learning as well as data analytics, it is future of technology. Reach out to SGS for an elaborate discussion on the topic and how we can help your company get the best out of this technological factor. 

Category : IoT

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