Embracing AI-Driven Technology

By Melody Smith|July 12th, 2022|News|Comments Off

In 2020 more than 50% of companies adopted artificial intelligence (AI) in at least one business unit or function. As we witness the emergence of new AI trends and tools, more value is generated in revenue and customer loyalty. Tech Target brought this interesting information to our attention in their article, “How enterprises can establish an AI-first data strategy.”

AI leading companies invest at least 20% of their earnings before interest and taxes back into AI. In 2022 and beyond, AI will be leveraged to simplify operations and make them more efficient. Businesses should try to benefit from the commercial application of AI through improving IT infrastructure and data management.

The biggest challenge is that most organizations have little knowledge of how AI systems make the decisions they do, and how the results are applied. Explainable AI allows users to comprehend and trust the results and output created by machine learning algorithms.

Melody K. Smith

Sponsored by Access Innovations, the intelligence and the technology behind world-class explainable AI solutions.

About the Author: Melody Smith

Melody K. Smith has provided organizational, social media and digital communication services to a large non-profit for the past twenty years. Prior to that she championed employee engagement and communications in the healthcare field. She holds a Bachelors degree in Marketing. When not wrangling and writing TaxoDiary content for your reading pleasure, Melody writes fiction, rescues dogs and throws legendary dinner parties.

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Embracing AI-Driven Technology