Artificial
Intelligence (AI) technologies are emerging at very faster rates offering incredible
opportunities to businesses for applying machine learning based algorithms for better
efficiency and accuracy. Big companies are already in race to fully implement
the AI technologies into their business system and leverage their product for
better response in the market.
AI
is the vast term, and multiple types of technologies entails making business
houses to exploit the opportunities and grow in the market with better
competitive levels. AI refers to software that copycats independent thoughts
and found in different patterns. Let see what are the emerging technologies used in Artificial
intelligence industry.
Machine Learning: Machine learning is kind of software that
is not limited by the precise computer set of instructions written by the
programmer, instead It requires less programming than traditional software, and
changes the behaviors on the basis of data and results.
Virtual Assistant: Virtual Assistant (VAs) are getting
much more sophisticated technology works exactly like a personal assistant
giving the answer of common questions, emails, telephones and billing clients. It
also allows customers to transfer money or pay bills etc.
Speech
Recognition: It is kind of inter-disciplinary sub-field
of computational linguistics developing methodologies and technologies to
enable the recognition and translation of spoken language into text by
computers and laptops. It is automatic speech recognition incorporates
knowledge and research in the electrical engineering and computer science
fields.
Search
Relevance: Search Relevance is the process of organizing the document results close
to the search document with the maximum relevancy to the search query. Actually,
relevance is based on complex mathematical equation that assigns scores to each
result with the highest score considered most relevant to the search
query.
Natural
Language Generation (NLG): NLG analyzes data and then inscribes human-readable
text from it. This will transform business intelligence and reporting and there
are many companies use this technology for automatically using the raw data and
industrial applications to generate insights or optimize the whole process.
Transcription Services: This one of the most emerging
technology in AI industry allowing converting contents or languages from to
another form without human interruption. Transcription is used for Audio, Video
and OCR to convert different format of files into an informative languages making
it efficient compare to keystroke data entry.
These
are the AI technologies that are growing with drastic pace opening new
opportunities for the business houses. Smaller or large enterprises, all group
and types of companies can utilize the AI based technology reinforcing them to
outpace everyone in the industry. Building training data for AI into the
products companies can get massive competitive advantage over peer group.
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