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Machine learning is like regular AI on steroids. Traditional AI is programmed, at least to a certain extent, and while it does mimic human intelligence, it isn't able to mimic another traditionally human activity: learning.
Machine learning takes AI a step further because it doesn't include these pre-set information points. An AI algorithm might be programmed to recognize cats by scanning images to look for tails or creatures with four legs. Machine learning algorithms are shown thousands of pictures of cats until they "teach" themselves what a cat looks like. In a business setting, this means they can arrive at conclusions that programmers have never thought of.
- Data analytics and mining
- Research and modelling
- Results verification on production data
- Classification and regression
- Recommender systems
Deep learning is a subtype of machine learning which uses artificial neural networks to mimic the structure of the human brain. Often powered by cloud computing, deep learning algorithms have only recently become a workable solution thanks to the rapid evolution of new hardware. The good thing about deep learning is that it goes above and beyond traditional artificial intelligence and machine learning. It's overkill in a lot of cases, but from a business perspective, it's a robust solution when you're creating and processing huge amounts of data.
- Image recognition
- Natural language processing
- Object detection
- Voice to text translation
- Fraud detection
- Business processes automation
- Performance improvement
- Patterns detection
Conversational AI services focus on a technique called natural language processing where computer programs aim to understand and communicate in the language that we humans use, as opposed to in the 1s and 0s of binary. If you've ever interacted with a Google Home or an Amazon Echo, you've interacted with a conversational AI.
For your business, you'll want to consider hiring professional AI consultants to develop conversational AI in the form of chatbots, automated ticketing systems, and more. Our skilled artificial intelligence software development team will be happy to help you to create a bot that adds value to the lives of your customers and your staff.
- Messaging apps
- Speech-based virtual assistants
- Virtual personal assistant
- Virtual customer assistant
- Robotic process automation
- Virtual employee assistant
Predictive analysis relies on using artificial intelligence services to make predictions about the future. This is the essence of what AI does in general – for example, an AI-based self-driving car doesn't memorize a list of rules. Instead, it predicts what a human driver might do.
There's a huge market for artificial intelligence-based predictive analytic tools, and any AI software development team worth working with will have predictive analytics experience. These AI solutions use historical data to make predictions, and you can put them to good use at your company by using them to inform future strategy.
- Fraud detection
- Recommended products and services
- Risks calculation
- Sales forecast
- Customer churn reduction
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Your first step with AI
Even if you can't yet assume how exactly AI will reshape your business, most definitely, it will accelerate its growth.
Definitely, yes, if you are willing to drive sales to your business and boost revenue.
To better understand the topic, check out all the Pros and Cons of AI.
A range of factors impact AI software costs - from your preference for the solution to the AI type.
It mainly depends on what you would like to build. Dozens of decisions will determine the amount of investment.
It helps to make the best use of your business data. AI delivers smarter decisions and streamlined processes.
AI-powered applications can solve various business problems, creating personalized, sales-driving experiences.
The most popular choice among AI development is Python. Its syntax is simple, which makes implementing AI algorithms easy.
We'll review the scope of your idea, estimate opportunities, and discuss the best AI technology solutions.
Just tell us about your digital product idea, and our team will bring it to life. We will provide you a roadmap as well as a timeline for your project.
We've got everything it takes from consulting and design to development and maintenance to translate your ideas into software. If you have a vision, we'll get you there!