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What Company is at the Forefront of Artificial Intelligence, Why and How?

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What Company is at the Forefront of Artificial Intelligence, Why and How
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Artificial Intelligence (AI) is changing increasingly in the way a company we live, work and play. This advanced technology is completely removing every established way of thinking and doing things in our world today.

AI is strongly gaining greater access as world powers are constantly on the move to ensure there are no barriers to what we can achieve whether now or in the future.

Brief History of Artificial Intelligence

Alan Turing, a British polymath in 1950, produced his paper titled Computing Machinery and Intelligence. He had the notion that machines can make decisions and solve problems as humans do with available information. 

Artificial Intelligence (AI) is basically three types: 

  • Artificial Narrow Intelligence (ANI)
  • Artificial General Intelligence (AGI) 
  • Artificial Super Intelligence(ASI)

Also, Artificial Intelligence has 6 branches which are:

  • Experts Systems
  • Robotics
  • Machine Learning
  • Neural Network
  • Fuzzy Logic
  • Natural Language Processing

The Ways Artificial Intelligence Works

There are different ways in which AI exhibits its competence. It includes knowledge representation, object detection, speech recognition, machine vision, perception, logical reasoning, emergent intelligence, planning and navigation

3 Top Companies Leveraging Artificial Intelligence

The largest and wealthiest companies keep maximizing the use of AI to meet their organization’s goals and objectives. The top companies currently leveraging Artificial Intelligence are 

1. Amazon

As the #1 leading e-commerce platform, Amazon is a typical example of an Artificial Intelligence robust empire. 

Amazon’s compliance with modern AI technology and deep learning power is what drives her unique selling operation- Delivery.

The development and deployment of machine learning packages have necessitated its one-day shipping consignment, optimal customer service and largely all already made user’s operation to navigate speed, management and organization. 

The one world store explains that the integration of robots at fulfillment centers helps save 40% of the inventory process, therefore, making rapid shipping orders possible within a day or two.

The company reinstates its mission to develop and integrate more robotics and AI innovations into its global operations model. 

The company which strives to be the earth’s most customer-centric company pioneered services that include Amazon Web Services, Alexa, Kindle Direct Publishing, Amazon Studios, Kindle, Career Choice, Amazon Echo, Fire tablets, Fire TV, Just Walk Out technology and The Climate Pledge.

2. IBM

IBM an abbreviation for International Business Machines Corporation (IBM) is an American multinational technology corporation remarkable for Automation; Robotics; Artificial intelligence; Cloud computing; Information Technology and Consulting.

This company called IBM has been a leader in the field of artificial intelligence since the 1950s. First when its Deep Blue Program, a chess-playing computer program defeated chess champion and grandmaster, Gary Kasparov. Since then, many landmark goals of artificial intelligence have been achieved.

Recently, IBM is in the pursuit of ‘Accelerated Discovery’ a term that refers to the convergence of Artificial Intelligence, hybrid cloud technologies and quantum computing to tackle problems and find solutions. 

IBM’s mission is to further research deep into creating new technologies that will push industries and society forward in incredible ways, revealing solutions to complex problems at exponential speed and scale.

The company’s core offering is IBM Watson, an AI-based cognitive service, designed for delivering cloud-based analytics and AI services. 70% of global banking institutions use Watson and 13 of the top 14 systems integrators use Watson.

3. Google

Do you know the parent company of Google is Alphabet Inc.? Though it was originally founded as a search engine company it has long diversified into more technological innovations.

In 2015, it reorganized and created a holding company named Alphabet. Google is the largest subsidiary of Alphabet. Google is the world’s most popular search engine, owning 92% of the global search market.

The company’s massive growth and deployment of smart-driven applications are hinged on the wings of Artificial Intelligence powered by the sophisticated use of seamless machine learning (ML).

Google has proven consistent use of different algorithms to make remarkable things happen in this digital age. 

Her applications ranging from Google mail to Google maps, Google search engines, Google Ads and the like are supported by robust and data-driven technologies dependent on efficient methods of Artificial Intelligence.

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How Are These Companies Maximizing Artificial Intelligence?

Artificial Intelligence has the capability to fundamentally change how a company operates. Whichever the industry is, AI technology is built with the company in mind in order to provide a sustainable, efficient method of performance.

Today, AI solutions are becoming easier and more accessible to deploy in various sectors and industries. Companies at the edge of Artificial Intelligence have several means of using these systems. Whether as chatbots, image recognition, voice recognition or models. The following are the basic ways to use AI. 

Customer Experience

AI has the potential to identify and segment customers’ choices based on their behavior. Amazon, for instance, uses AI technology to get informed knowledge of customers’ product preferences.

Other methods include a 24/7 customer support system using AI agents, suggesting friends or groups on social media sites and The use of chatbots to quickly address FAQs.

Business Intelligence

Business Intelligence (BI) refers to software or systems that basically automate the collecting, processing, and analysis of large amounts of data. 

The increasing volume and complexity of data within companies is necessitating the use of AI to improve and enhance business operations. AI-enabled companies can make faster and more informed decisions by analyzing large amounts of data.

Intelligent Automation

You can achieve smarter and more intelligent automation using AI solutions. This is a process whereby you create a robot system to make decisions and automate repetitive tasks with intelligence to increase operational efficiency thereby saving costs for the company.

Data Mining

AI can easily help you increase your ability to pick useful information from large amounts of data. These companies integrate AI in data mining. An example is identifying and categorizing visual pictures and photos to provide suggestions to consumers.

Conclusion

Although, AI may pose a few challenges for our society, yet newly improved technology is born by the day. This makes AI-driven individuals and organizations anticipate the next big thing in this data age.

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Emenike Emmanuel is a multiple award-winning blogger, CEO of Entrepreneur Business Blog, Chief Evangelist of Ebusinessroom Ventures, and the Lead Coach of an online community of over 12,000 business owners called, The Excellent Entrepreneurs' Network. He’s here to help you start, manage and grow a profitable and sustainable business using digital marketing strategies. Follow him on Facebook, Twitter, Instagram, LinkedIn & Pinterest with this handle, @emenikeng. Telegram group - t.me/yourfirst1000 | Email: [email protected]

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