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Artificial Intelligence capabilities are evolving, which makes it possible for businesses to scale by experimenting and implementing these technologies. We bring you the top 10 Artificial Intelligence technologies in 2021 that help in offering the clarity of planning, reasoning, thinking, problem-solving, and learning.
Natural Language Generation
Communicating or conveying the information efficiently and transparently is important while communicating. Humans find it tricky to say the right words in the right sequence to convey the message clearly. When it comes to machines it’s more tricky. Natural Language Generation is a sub-discipline of Artificial Intelligence and is a trendy technology that converts structured data into the native language. The machines are programmed in such a way that the algorithms convert the data into a desirable format for the users. This technology is widely used in customer service, report generation, and summarizing business intelligence insights. Examples of natural language generation are Attivio, Cambridge Semantics, SaS, Digital Reasoning, etc.
Smart Devices are becoming more popular and more trendy. Technologies that people were using earlier are now remodeled and modified as smart devices. They can be used in almost every industry to improve efficiency and optimize operations. Smart devices are everyday objects made intelligent with advanced computations which include AI and Machine Learning. These are electronic gadgets that are able to connect, share and interact with their users and other smart devices. Some of the smart devices available are Smart Watches, Smart Speakers, Smart Locks, Smartphones, Smart Glass, Smart Car, etc
Virtual agents are computer-generated intelligence that provides online customer assistance they can effectively communicate with humans in most of the web and mobile applications we see chatbots as customer service agents who interact with us answering our queries in simple words virtual agents are a manifestation of a technology which aims to create an effective but digital personalization of humans. Virtual agents can make reservations, book an appointment, place an order and even avail product information. Companies like Google, Amazon, Microsoft, and many others provide virtual agents. Examples of Virtual Agents are Google Assistant, Amazon Alexa, etc.
Speech Recognition is yet another branch of artificial intelligence that is used to convert human speech into a comprehensive and useful format for computer applications to process. It can be set as a bridge between computer interactions and humans. It is currently used in interactive voice response systems and mobile applications. Some of the companies offering speech recognition services are Nuanced Communications, OpenText, etc.
Augmented Reality is yet another trendy technology in the field of artificial intelligence. Augmented Reality is an enhanced version of the real physical world that is achieved using sound digital visual elements and other sensory stimulated delivery via technology. Augmented Reality uses the existing environment and adds information to it to make it a new artificial environment. It alters the perception of the real-world environment. Augmented Reality is making its way into several retail stores that make up selection and furnishing much more fun and interactive.
Machine Learning is an application and an important branch of artificial intelligence which refers to machines being able to learn by themselves without being explicitly programmed. It enhances the systems to learn and improve from experience automatically. Machine Learning platforms are becoming more and more popular with the help of Algorithms, APIs, Big Data, and Applications and Training Tools enterprises are heavily investing in machine learning to reap its benefits for various domains. Machine Learning is widely used for categorization and prediction. Some of its vendors are Amazon, Fractal Analytics, Google, Microsoft.
Robotic Process Automation(RPA)
Configuring a robot to interpret, communicate and analyze data is robotic process automation. It uses scripts and other methods to automate human actions that in turn support efficient business processes Robotic Process Automation is widely used in those areas where the physical presence of humans is dangerous. Warfare, Mining, etc. are some of the fields in the technology is currently used. We need to remember artificial intelligence is meant to replace humans, but it is used to complement human abilities and reinforce human talents. Companies focusing on Robotic Process Automation are Pegasystems, Automation Anywhere, BluePrism, etc.
Decision Management is yet another technology in artificial intelligence that helps companies make violent decisions by providing up-to-date and relevant information and performing analytic functions. Artificial Intelligence when combined with decision management helps translate customer data to predictive models of key trends. It also helps in making quick decisions, avoids risks, and automating the process. Decision management is widely used in the health sector, financial sector, insurance sector, e-commerce, and many more. Organizations that provide this service are Informatica, Advanced System Concepts, etc.
Deep Learning is a branch of artificial intelligence that mimics the working of the human brain and processing data. This data is used for a variety of purposes like recognizing speech detecting objects translating languages and making decisions. Deep Learning uses the hierarchical level of artificial neural networks for carrying out the process of machine learning which is used across several industries for various applications. Some of the organizations providing this service are Deep Instinct, MathWorks, etc.
Image Recognition is the process of detecting an object or feature in a digital image or video. It can be used to analyze clients and their opinions, verify users based on their faces, detect license plates, and diagnose diseases. Presently image recognition is comparable to human visual perception. Many social media platforms like Facebook use this technology to enhance image search and aid visually impaired users.