{"id":64725,"date":"2018-07-17T18:01:58","date_gmt":"2018-07-17T12:31:58","guid":{"rendered":"https:\/\/staging-imarticus.kinsta.cloud\/?p=64725"},"modified":"2023-08-03T10:44:54","modified_gmt":"2023-08-03T10:44:54","slug":"how-artificial-intelligence-is-the-milestone-in-the-domain-of-data-analysis","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/how-artificial-intelligence-is-the-milestone-in-the-domain-of-data-analysis\/","title":{"rendered":"How Artificial Intelligence is The Milestone in the Domain of Data Analysis?"},"content":{"rendered":"

Artificial Intelligence is a techno beast which is out of the cage and willing to strike big. It was an idea whose time came when IBM powered Deep Blue computer forced Grandmaster Garry Kasparov into defeat. Even though we didn\u2019t know much about AI back then, largely because it was mostly under the supervision and not ready for common use. But now is the time to take a deep plunge into AI if you want your businesses to progress in today\u2019s highly competitive world.
\nFor any business, consumer data is very important and the fine details of this data predict your product\u2019s success in the market. Even though it looks very simple but deciphering consumer data is not an easy task by any stretch of the imagination. From the surface, it can look either positive or negative, where a layman\u2019s approach would be to sift the positive out of it and focus on it to feel happy about the prospects. Most companies don\u2019t even look at the major part of the data available to them because it is very complex. And that is why most companies remain average. Forrester Report 2014 states that companies only look at 12% of the total data available to them. This is tantamount to a blunder if you are doing it out of oblivion.
\nAlso Read - 4 Industries Where Artificial Intelligence is Making a Huge Impact<\/a><\/strong>
\nData analysis is mostly done in an inept manner because it is done by content marketers who aren\u2019t equipped to handle data analysis. Big data is not possible to be handled by content marketers. That is where Artificial Intelligence<\/a> comes into the picture and not only brings the horse to the well but makes it drink too. Here are a few basic things AI can help you with.<\/p>\n

AI helps in structuring and comprehending the data in a better way. It not only analyses and sifts the significant pointers but also builds prospective leads. Harvard Business Review says<\/a> that Conversica AI is one such example which is so good that it gave juicy leads to companies.<\/p>\n