Artificial Intelligence is transforming the face of the business and no other technology would have affected more than AI. AI has continued to evolve with the passage of time and helped people from various walks of life, industries, and businesses.
Entrepreneurs are no exception and helped them to automate their business, extract useful data, and gain insights. One thing is for sure that adaption of AI for businesses and individuals will flourish. Presently, AI-based solutions are being used to solve business problems and facilitate entrepreneurs to transform the way they conduct operations.
Have a look at some of the statistics that will reveal the future of AI in business.
According to IDC FutureScaped, it is believed that by 2018, 75% of developer teams will include AI functionality in one or more application or service.
The 2016 survey revealed that 58% of enterprise business executives are presently using predictive analytics within their organization (Narrative Science)
According to Gartner, by 2025, 85% of customer interactions will be managed without human intervention.
45% of fastest growing companies worldwide will employ smart machines and virtual assistants instead of people by 2018 (Gartner)
From the above statistics, it is clear that the impact of AI will be largely seen in the business …