The rise of artificial intelligence companies worldwide is a clear indicator of their ample demand in the market. However, only a few people understand what exactly they do. Now, you have probably seen all the cool gadgets enabled by AI, but understanding how it can help your business might need to be clarified, especially if you are not in product-based services.
In this post, we will focus on the various applications of Artificial Intelligence Solutions. So, keep reading to learn how your business might benefit from AI today.
The Product-Based Applications by Artificial Intelligence Companies
Specific companies are investing heavily in AI-based products that will change our daily lives. One of the major players here is Tesla.
The Robots
It is not an inexpensive venture, so only big corporations like Tesla, Facebook, and Google are currently working on the project, but life-like robots are closer to reality today than ever before. We have grown leaps and bounds in the section with no signs of stopping.
Tesla also unveiled its latest robot in a recent event. The robotics field has grown significantly, and it is becoming a part of the normal life we experience today.
Self-Driving Cars
The self-driving cars are another reality of today that was considered Sci-fi a few years ago. Now, it is an amazing application of AI that can help reduce the number of road accidents. And it is also an invention that is strongly correlated with Tesla.
Of course, as with any other new technology, it is not an affordable product, but for people who can buy it, it is definitely worth all the hype.
Smart Assistants
Not getting up to turn on the lights or asking questions and getting the most relevant information right away were dreams of the past and the truth of today. Smart Assistants like Alexa can do many things to make your life easier, which is commendable.
Now, more brands have smart assistants, but the most prominent players are currently Google, Apple, and Amazon.
Additional Products
The products mentioned above are now heard of, used, and manufactured, but only by a few big companies. There are other smaller AI-based products that the general public is using today. For example, an AI-based vacuum cleaner is available in the market today. Smart locks, AI cooking, smart thermostat, security camera, AI television, and smart home devices are now present for purchase. All these products utilize Artificial Intelligence Companies to get results.
Service-based Applications of Artificial Intelligence Companies
Now, AI in physical products you use makes for cool gadgets. But several other software products and services in the market also use AI for you.
Healthcare Management
The Healthcare industry has always tried to streamline its operations; one way of doing so includes using AI. They use AI in their management system to automate processes, make appointments easier, facilitate the patient-doctor relationship, and much more.
Automated Financial Investing:
Finance is all about numbers, and nothing crunches numbers better than AI. It makes every investment decision while the experts oversee the project. So, there are tools for automated financial investing that use AI.
Social Media Monitoring
Social Media power is abundantly clear today. So, businesses and some individuals need clarity on the numbers and their meaning regularly to create branding strategies that work. Several AI-based tools online maintain records pertaining to the content posted online that people can use to find out what works on the online platforms and what does not.
Social Media platforms already use AI to show the most relevant content to users and remove any questionable content.
Marketing Chatbots
Ever been to a website that offers a personal assistant on the side where you can type your queries? The chatbots – a creation of AI ML companies– personalize your experience online and help you find the most relevant information faster. It is also a way to personalize your experience when visiting a page. Overall, it is an excellent tool that engages clients, encourages them to provide more information about their needs, and helps companies create solutions that cater to their target audience.
Final Thoughts – The Power of Artificial Intelligence Companies
Every industry is looking for ways to use artificial intelligence companies for their brand. It is because they understand the importance and potential of AI and how it can help them reduce costs while improving accuracy. Many companies and industries are already using the technology to their benefit, while others are still figuring out the potential.
If you want to know how AI can help your business succeed, contact MoogleLabs. We will create the perfect action plan to help your company grow.
