Thought Leadership

How the uses of artificial intelligence impacts businesses

By Steve Hartman

The uses of artificial intelligence are still in their infancy as the majority of early artificial intelligence adopters are trying to sell us more and more things. Advertisements are geared toward your personal preferences and purchase history. Online purchases come with suggestions of what you may also like to buy. Streaming services use algorithms to suggest which shows or movies you might want to watch next, or what music to listen to next.

For the most part, artificial intelligence is in the customer-facing side of business, such as in banking where fraud detection, remote check deposit and improving internal costs based on data received from the technology.

But in the near future, industries like manufacturing and healthcare will discover the importance of artificial intelligence.

Manufacturing will find uses of artificial intelligence to better work with digital twin technology and data collection. A prime example is in the automotive industry where companies can take a real car, put it in a test environment, collect data and feed that information into an artificial intelligence system. Engineers and designers can learn more about how that car behaves so they can make changes based on feedback.

The importance of artificial intelligence is monumental, especially looking into how businesses can thrive in the future. Where does a company start though? It’s best to start simple with a pilot program and learn how the uses of artificial intelligence can benefit your organization.

In our video “The future of artificial intelligence: The keys for adopting AI,” learn how businesses can see where data is being used and find how adopting artificial intelligence can improve everything from internal costs to better data analysis

 

Click here to learn more about artificial intelligence.

About the author
Steve Hartman is a Thought Leadership writer for Siemens PLM Software. Steve’s experience is varied spanning the automotive, financial, real estate, travel and sporting goods industries as well as having written four published novels and cowrote a memoir. He has a wife, three kids, two dogs, a cat and a rabbit. And still, he carves out time to read, watch movies and write.

Leave a Reply

This article first appeared on the Siemens Digital Industries Software blog at https://blogs.sw.siemens.com/thought-leadership/2019/03/13/how-the-uses-of-artificial-intelligence-impacts-businesses/