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Day: November 29, 2018

How AT and Analytics Work at OpenText Enterprise World

Posted on by Imarticus Learning

OpenText customers must surely understand the value that Artificial Intelligence Systems and analytics offers to them, by now. AI is quickly trending around the world as the go-to system for many tech enterprises since it offers the capability of processing a large amount of data within a short time to get some amazing insights and suggestions from that.
OpenText is one of the leaders in Enterprise Information Management, and works to create an intelligent, connected enterprise for the benefits of its customers. Such a structure can be created only after in-depth analyses of large amounts of data – however, it leads to some amazing insights for the customers to benefits from.
OpenText employs the best minds in the industry, with most of the employees learning to use business analytics and undergoing data science courses in some capacity or the other. This is done so as to get a competitive advantage over the others, and thus provide better services to the customers. Some of the questions dealt with in the OpenText conference, regarding their functioning includes the ones discussed below.

AI Or BI?

Business Intelligence refers to the long tradition of using analytics to get a competitive edge in business processes, by qualitatively analysing the data available. Artificial Intelligence or AI is a more recent development – using computers and machine learning algorithms, large troves of data are analysed so as to get an idea about the best way to move forward. AI deals more with predictive analysis so that the customer receives a clear idea about the benefits and negatives associated with a particular action.
So which way would be suitable for the current business scenario? The answer is that both, in a balance – AI and BI are now converging, and organisations are increasingly becoming insight-driven from data-driven.

How Data Can Help Build a Better World

The constant between both BI and AI is that both require a large amount of data to work well. Companies, therefore, have the opportunity to make a huge difference in the world with their philanthropic ambitions, if the available data is used well. Today, large amounts of innovations are coming out every day which deal with the methods using which AI can be used to make the world a better place with every passing day.
If you find yourself interested in AI and wanting to change the world, check out the business analytics training courses available on Imarticus Learning!

AI Pitfalls: The Reality of Implementing AI

Posted on by Imarticus Learning

There is no denying the rapid rise of AI. Since 2012, AI has become an almost essential part of every sector of business. 

In medical sectors, AI is making breakthroughs, be it precision surgery, making it safer to go under the knife or in banking, the AI interface has made transactions and customer care-a breeze to walk through, AI is even making its way into the F&B industry with automated smart stoves and microwaves.

Consider most tools you use on a day to day basis have AI, your smartphone now can be unlocked by facial recognition and biometric scanning, both are developments in AI. Your home security system has the same features. You can now enable smart home features using AI products like Alexa from Amazon.

The potential for AI in businesses too is immense, consider that your company can have an automated assistant to perform any task a person would have had to do in the past, this includes making appointments, sending out reminders for important dates and filing.

Artificial Intelligence can also be used for employee recruitment, simply enter specifics into your AI database and let the candidates be chosen for you in minutes. The same can be said of the research, no matter what business you run, you will need research and development models, AI voice search engines like Siri and Alexa in the workplace can streamline research time by providing ready solutions to specific problems.

There is a catch, however, while the potential and benefits of AI are immense, it is important for small businesses to understand that this tech is still in its infancy. Therefore, pitfalls will follow. One of the most common pitfalls for companies looking to integrate or implement AI in their offices is that they are caught up in the hype of the potential of AI rather than what it can currently do for you now.

Another major pitfall to consider when looking at AI for companies is AI management requires an adequate IT team who are knowledgeable in the field, since the field itself is in its infancy, finding adequate management help can be tricky.

One major pitfall to keep in mind is that while AI can reduce costs for operations of a business, it is essential that you don’t depend on AI for all your organization’s solutions, AI has not reached a level of customization where it can solve your company’s unique problems with general solutions. One more major pitfall of using AI in the office is that it can create insecurities amongst the employees, AI still carries an air of mystery which can cause insecurities to the human element in the office, thus creating an unstable working environment.

In conclusion, it is important to remember that AI has immense growth potential and has the ability to streamline your business for the better. It also is still growing including the skill required to manage it. The limitations of AI for your organization specifically and the impact of AI on your employees are all pitfalls you must consider before implementing AI on your company or office specifically.

So before you integrate that AI system to your business, understand what AI can and cannot do for you and your company rather than what it may be able to do in the future due to its potential.
References
https://dzone.com/articles/4-artificial-intelligence-pitfalls
https://www.artificial-intelligence.blog/news/pitfalls-of-artificial-intelligence
https://www.forbes.com/sites/forbeschicagocouncil/2018/06/15/five-ways-ai-can-help-small-businesses/#4d2cead310d7

How AI Can Improve Life Differently?

Posted on by Imarticus Learning

As more tech companies invest in Artificial Intelligence or AI, the realm of possibilities continues to expand. One of the emerging fields in which AI is on the cusp of making real breakthroughs is with human disabilities. AI is what runs the likes of Siri and Alexa, and this type of development is focused on accessible and inclusive designs.

These tech companies are focused on developing AI in order to make all forms of content and information accessible to everyone. One of the most visible and successful examples of AI for people with disabilities was Stephen Hawking. AI helped him not just continue his research and studies but also helped him impart his vast knowledge while also allowing him movement.

Current Algorithms

Microsoft is one of the largest investors in AI and has spent many hours and dollars on developing new technologies that include people with disabilities. The Microsoft Seeing Ai allows visually impaired people to recognize people, money, text, and more by narrating the world that the user inhabits. Microsoft Hello uses biometric login such as face recognition and fingerprint or iris scans.

This can be particularly useful for people who have physical disabilities or for people who are dyslexic. The FCC has made it mandatory to provide closed captions for speech and sound effects. With machine learning, Google has been able to roll out the same features for YouTube videos. This allows people with hearing impairment to enjoy the full range of the video.

The Future

With about 15% of the world’s population living with some disability and a rapidly aging population in many countries, companies have been invested in finding solutions that help seamlessly. One of the most ambitious ideas is to create robot caregivers. With Honda developing the ASIMO, this future seems more achievable. The idea is to have these caregivers help in order to fit the needs of the individual.

From making coffee to making sure your prescriptions are filled, they will be a valuable asset for many. Another concept that is still in the nascent stage but can prove to be life-changing for those paralyzed is robotic exoskeletons. These can help relieve pressure and even provide movement for the paralyzed region.

What Do We Need?

For AI to truly have an impact on the differently-abled, a lot of forces need to come together with the express idea of including all people. Currently, companies seem to be suffering from a lack of awareness and how their technologies are effectively alienating people. Alexa and Siri are useless for those who have a hearing impairment.

As more companies begin to embrace universal design principles, more people will be able to use these devices. These companies must work with people with disabilities when testing a product. They can do so by working with universities. Lastly, governments need to shake their apathy and start defining the needs of the differently-abled in a social and cultural context.

There is no doubt that Artificial Intelligence can significantly improve the lifestyle of a physically disables person while also providing them with dignity. However, much of the research and development is still at a nascent stage. Working on inclusive design principles will benefit the companies that are on the cusp of AI R&D.