ARTIFICIAL INTELLIGENCE as a Service

 

ARTIFICIAL INTELLIGENCE as a Service

Software as a service, Infrastructure as a service, Platform as a service, etc. are common services that everyone has heard of in the tech world. Most companies these days use some sort of “as a service” to obtain services for a fee so that they can focus on their core business. But AIaaS is relatively new and its emergence is due to the rising popularity of Artificial Intelligence in the IT industry.

 

 

 

 

 

 

 

 

 

 

 

The International Data Corporation even predicts that 75% of commercial enterprise applications will use Artificial Intelligence by 2021. This means that companies need to buck up their game and integrate AI solutions into their business and production strategies as soon as possible. But Artificial Intelligence is not cheap.

Artificial Intelligence as a Service

Almost all companies these days want to use Artificial Intelligence to improve their business. After all, Artificial Intelligence and Data Analytics can be used by companies to better understand their target audience, automate some of their production, create better products according to market demand, etc. All of these things in return increase the profitability of a company which in turn gives them an edge over their competitors. After all, the bottom line in most cases is profit!

companies needed to invest a lot of money in Artificial Intelligence to get this profit. The AI machines were expensive, programmers who were familiar with AI were expensive and even rarer while there was no good data to be found! While this was not that big a deal for large multinational corporations, it was very difficult for small and mid-level companies. But the popularity and advancement of cloud services have made everything much easier. Now companies can access AI software from a third-party vendor, made a few changes according to heir custom requirements are start getting the benefits of Artificial Intelligence and Data Analytics with a much smaller initial investment.

This is the power of Artificial Intelligence as a Service! AIaaS is the solution for many smaller and mid-level companies that don’t want to build, test, and implement their artificial intelligence systems from scratch. These companies can focus on their core business and obtain value addition from Artificial Intelligence without needing to become data and machine learning experts. So they get increasing profits while decreasing their risk of investment using AIaaS. It’s a win-win situation for all!