Cloud computing and artificial intelligence has become an integral part of every business. The combination of both technologies has benefited in the advanced use of Big Data. Cloud-based AI has proven to increase productivity, optimise costs and better data management.
It is a style of computing in which scalable and elastic IT-enabled capabilities are delivered as a service using Internet technologies. – Gartner Glossary
Cloud Computing is a term used to describe advanced data centres that are available for many users via the Internet.
The development of computer systems that is capable of performing tasks that usually require humans intelligence is called AI.
AI applies advanced analysis and logic-based techniques, including Machine Learning, to interpret events, support and automate decisions, and take actions. – Gartner Glossary
Why use cloud-based AI?
The AI market is on the rise as the combination of AI and machine learning technology frequently discover new innovative applications and improve existing ones. As per Statista, the AI market’s global estimations will get a revenue of $126 billion dollars. Whereas it is estimated AI will impact 19 business areas and create a value of $15.4 trillion per year.
Benefits of Cloud-Based AI?
Cloud-based AI solutions have proven to help businesses achieve greater productivity, increased efficiency, optimised cost management and better strategic insights. AI helps deliver more value on the Cloud Computing platforms.
For example, SaaS (Software-As-A-Service) providers integrate AI tools into larger software suits. These tools are used to create a catch customer data, e.g., track user behaviours or personalise communication. Some of these tools are used to identify patterns in the user behaviour which in turn can help understand what the users want and improve future interactions to met expectations.
What are the Opportunities for now and the future?
The rapid rise of AI applications and Cloud solutions will definitely impact future applications. Let’s look at a few
AI-powered Self-Managing Cloud
AI has become an integral part of IT infrastructure for automation (e.g. optimising workload, find and automate repetitive tasks). The rapid growth of these technologies will soon allow private and public clouds to use AI tools to analyse, maintain and even self-heal when an issue occurs.
Better Data Management
Most modern applications deal with large amounts of data. These data need to be identified, catalogued and managed. Cloud computing and AI tools work in synergy to streamline data processing. Industries like Banking, finance and insurance will benefit from real-time solutions, data security and efficiency.
Cloud-based AI Retail Service
The selling process has been transformed by tech tools. Businesses are leveraging the Cloud-based AI technologies to deliver different information connected with prices like more data about demand, inventory, competitor sales and market trends. A comprehensive analysis can help businesses manage data better and react in real-time without human intervention.
Introducing Cloud-based AI solutions in your business requires expertise, professional support and detailed strategy. If you are curious about the specific value and particular applications of Cloud-based AI in your company, meet our specialists