The market for AI technology is booming like never before, affecting and modifying various areas of our day-to-day life. Beyond the buzz and large media attention, numerous startups and established organizations are racing to get their hands on the latest AI technologies.
In the narrative technology survey, it was found that around 38% of organizations are already using AI technologies to make their process as smooth as possible. This demand is expected to be increased by 32% by 2021. Another research highlighted 300% of the increase in investment in artificial technologies in 2018. It is also predicted that the AI market will further grow from $8 billion to $47 by 2021.
Now those who are willing to make their career in the technical filed are keeping an eagle eye on the latest AI technologies to gain expertise over them. ProICT Training taking a step further offers AI Certification Training Courses to help candidates to obtain knowledge and skills to work with the latest technologies.
What are the Top AI Technologies That are Transforming the World?
According to Forrester’s analysis here is the list of 10 biggest AI technologies:
Speech recognition is the technology you use to give the command to your smart AI-based assists like; Alexa, Cortina, Siri, etc. the topmost feature of speech recognition is to convert the human speech into the comprehensive format for the computer application is what makes it the hottest AI technology of 21st century. OpenText and Variant is the leading companies
Natural language generation
People say “Communication is the key to the success” but even for a working professional it can challenging to establish strong communication with his teammates. However, the AI has taken a step further to prove its capability by establishing communication similar to a human. But as mentioned earlier establishing communication can be a tricky task even for a high-tech computer. Natural language generation is the known discipline of Artificial Intelligence (AI) that converts the texts into the data allowing system to communicate ideas as clearly as possible. This technology is highly used to create market summaries and reports. Known organizations like Attivio, Cambridge Semantics, Yseop offers the Natural language generation.
Machine learning platforms
Machine learning is a crucial part of computer science as well as an important branch of artificial intelligence. The core objective of machine learning is to enable computing devices to learn and adapt; hence become smarter than they already are. Combined with algorithms, API, and training tools, machine learning is gaining more popularity among the companies as they use them for the categorization and prediction. Industry giants like Microsoft, Google and Adtext are known for offering reliable machine learning services. Candidates can learn about Machine Learning by Using Python Training Course.
Artificial Intelligence now has the capability of adding the logic into their system to gear them for maintaining, training, and tuning. 5In order to unlock more profit through business opportunities, decision management is already being used by leading organizations by incorporating into their applications to perform automated decisions.
The term ‘Virtual agent’ refers to the computer agent or a program that can efficiently interact with the human being. The reason behind it is trending on the list of hottest AI technologies is because it is commonly used for the Chatbots that you witness on various websites. Companies that offer reliable virtual agents are Apple, Google, and Amazon.
AI optimized hardware
Nowadays, devices are being structured and used to execute AI-based oriented tasks to improve the graphics as well as central processing units. A fine example of this is AI optimized silicon ship which can be easily inserted into a portable device. Convenience and capability to perform are the reason numerous companies are heavily invested in the AI to accelerate the next generation of applications. This technology-based solution is offered by Google, Cray, and Nvidia.
Deep learning platforms
Similar to machine learning, deep learning also imitate the neural circuit of the human brain to process the information and create the patterns for better decision-making. In this entire process, algorithm use artificial neural networks. Deep learning services are mainly offered by organizations known as; Erstaz labs, MathWorks, Saffron technology and Leverton.
That’s it for today, we will further continue this blog in our next post. Until then, you can check out some other technology-related posts at our website ProICT Training.