Experts predict that Augmented Analytics will soon transform Business Intelligence. But do you know how Augmented Analytics functions? It uses AI and ML technologies to help generate data, gather insights and gives us newer ways to explore data analytics. Artificial intelligence has time & again proved to be a critical technology enabler. Businesses and enterprises are always looking for efficient ways to harness the power of AI and implement AI in their business. In this blog, we discuss the future of Machine Learning.
Businesses and Enterprises are always exploring techniques to automate their workflows, optimize their operations. Companies are depending on BI developers to enhance their artificial intelligence and machine learning practices. BI vendors will offer benefits of artificial intelligence such as text analytics, natural language processing, AI + BI and predictive dashboards, etc.
AI/ML accessible for all
Organizations worldwide are investing heavily in technologies that help accelerate and democratize data science. The need for AI applications is constantly growing. Democratization automatically means empowering management, line-of-business, and operational teams. It aids the workforce with highly advanced analytical skills.
Smart Manufacturing
Artificial Intelligence along with Real-time Analytics, and the Internet of Things will give rise to Smart Manufacturing. The Covid-19 pandemic has led to mayhem in the supply chain industry with operations disrupted, and businesses suffering huge losses. As businesses try to get back to their feet once again, it is imperative that companies will make automated and resilient recovery plans.
New Era of Automation & Innovation
The next digital transformation wave will focus on the use of artificial intelligence to boost organizational operations. AI will be used to generate deeper insights, data-driven facts, and automate decision-making in businesses. The digital transformation due to AI will spread its reaches from the finance industry, insurance business, manufacturing industries to many other industries now. Artificial intelligence and Machine learning will be intertwined in multiple business functions across many key business areas to drive profits and create new products and services.
The future of Machine Learning is co-dependent on the application of AI to let businesses build faster, have efficient operational models, and accelerate digital innovation.
Leave a Reply