The era of big data is witnessing massive heights and is a testimony to impressive technological change. Disruptive and innovative digital technologies are impelling establishments to hastily adapt to the quickly transforming consumer market. The competence and dexterity of big data along with the extent of artificial intelligence is helping organizations globally to understand the emerging consumer behavior and choices, attain business perception and administer beneficial insights when designing a market blueprint.
The confluence of big data and AI is the most notable development for organizations, empowering them to subsidize on available unfathomed possibilities. A major aspect highlighting the importance of big data is also the humongous volume of, and the speed at which digital technologies and devices are generating data, enabling businesses with avenues to collect material from more number of sources than before. Being the driving force of numerous industries in 2017, the scope and expansion of AI in 2018 is promisingly greater.
Considering the impact AI has had on industries so far, some of the most compelling openings and trends that the technology will offer in 2018 are listed below.
AI Unified Mobile and Web Applications
The coming years will focus on mechanizing the user experience on applications and various digital platforms. AI will play an important role in helping reinforce this change. AI introduced technologies like machine learning and deep learning can facilitate developers construct smart apps that can easily process massive amounts of data and create real-time predictions via analytics.
AI will Revolutionize Workforce Globally
Considering the various changes that AI will consort, there is already a global rift regarding the impact it will have on human jobs. Real, full-fledged application of AI will, in fact, create more options like data scientists, AI/ML developers, cloud engineers, etc. The effect of AI will definitely be affirmative as it will offer individuals the opportunity to delve into sectors thus created.
AI and Cloud Computing
Internet of Things is generating a want for technologies that can study unstructured data from the interconnected devices, apart from the data available on traditional platforms. The sheer abundance of data currently created can help in developing extremely advanced machine learning models. It is a general prediction that organization will embrace the public-cloud-first-policy for big data and analytics. AI can thus execute better control over processes and can reduce the costs and increase flexibility and an on-premise software. Cloud utilization is being readily embraced as it cuts down the expenses involved and also gives the benefit of having all the data available on a single instance.
The new year will witness the extent of disruption already created by AI as it intensifies and grows at a magnanimous speed. The implementation of AI-powered tools will help in developing interconnected industries, organizations, and processes. Also, adding to the already full basket will be developments like emotion recognition, virtual reality, self-service platforms and conversational interfaces that can drastically change how organizations operate in this hyper-digital world.