APAC CIOOutlook

Advertise

with us

  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    How AI Implementation has Become Essential in Businesses

    Artificial Intelligence (AI) has evolved into something much more than a tech buzzword. AI, and particularly machine learning, are already widely embraced across the spectrum of companies and organizations.  

    How AI Implementation has Become Essential in Businesses

    By

    Apac CIOOutlook | Friday, May 10, 2019

    Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

    Artificial Intelligence (AI) has evolved into something much more than a tech buzzword. AI, and particularly machine learning, are already widely embraced across the spectrum of companies and organizations. They help companies to produce better products and services using an ongoing customer behavior and data feedback loop which can help machines to learn faster than ever before.

    Compared to traditional marketing methods, AI has significantly changed the revenue implications in competitive industries and considered as a first-mover advantage. Machine Learning can improve internal business processes such as credit rating assessments and CRM. For example, banks use AI to assess potential customers creditworthiness using machines that have learned from the previous data which consists of thousands of customer's transactions.

    Artificial Intelligence has been a game changer in gathering critical data, but it comes at a cost. It takes much time and more money to code AI and also to build predictive and analytical models. This is where automated Machine Learning (ML) comes into existence which involves multiple tasks from selection and engineering, trawling through various possible algorithms to generate the final evaluation and comparison results.

    The use of ML allows companies to identify and retain qualified data with a rapid and automated process that can scale the delivery of AI. Automation, conversational bots, filtering and data analysis are some of the powerful tools that businesses can take advantage of to transform their customer service and employee effectiveness. Additionally, enterprises can program their AI devices with unique capabilities, further enhancing the technology rewards to be reaped. This optimization of performance gives organizations the most considerable advantage over a large number of competitors.

    A final argument for why businesses need to adapt AI is related to data transparency when dealing with customers. Ensuring data safety has become the biggest concern for most of the financial agencies as cyber attacks have been growing exponentially. Automated machine learning includes an explanation of its model and feature, which provides data transparency and can face more stringent regulatory requirements.

    More in News

    AI's Role in Apac's Digital Transformation Journey

    AI's Role in Apac's Digital Transformation Journey

    Role of Blockchain in Fostering a Trust-Based Economy

    Role of Blockchain in Fostering a Trust-Based Economy

    Revolutionizing Healthcare Through 5G Technology

    Revolutionizing Healthcare Through 5G Technology

    The Journey Towards Smart City Development

    The Journey Towards Smart City Development

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/how-ai-implementation-has-become-essential-in-businesses-nwid-6341.html