Cloud 5 Ways “HOW” CXOs Can Leverage Cloud Services for Accelerating AI Adoption
Is Cloud Democratization AI?
The enhanced security, stability, and scalability of the cloud have navigated the practices of doing business to a new edge. On a larger scale several types of services i.e., web-based service, X-as-a-Service (SaaS, IaaS, PaaS, etc.), utility services, managed services & service commerce have given a chance to enterprises to explore how they can exploit the cloud services in the best possible way. According to Gartner, more than $ 1.3 trillion in IT spending will be affected by the shift to the cloud by 2022.
AI and Cloud Together: The cloud has made this easier and is democratizing access to AI by giving companies the opportunity to use it. Inturn AI favors streamlining workload and automating repetitive tasks. According to PwC’s “Global Artificial Intelligence Study”, by 2030, AI will lead to an estimated $15.7 trillion, or 26% increase in global GDP.
5 AI Cloud Services Expediting Access to AI usage for SMBs
When cloud and AI (more specifically ML) are involved together, it’s known as “Intelligent Cloud”. Over the years companies like Google, Microsoft, IBM, and Amazon have used the intelligent cloud solution or AI cloud service. Knowing the compounded solution will help companies to enhance their vision of how to incorporate AI with the help of the cloud.
Cloud BI: With AI, business intelligence is better positioned to break down large volumes of big data into granular information and intelligence incorporates the latest technologies, such as machine learning, to provide real-time information on trends that will occur in the future. Hence, Cloud-BI providers provide a unified platform where you can analyze the performance of your business services. Cloud BI providers help customers transform their logistics platform by introducing ML, AI, NLP, computer vision, and more.
Conversational AI: Despite being weak AI, conversational AI (i.e.Chatbots and virtual assistant) is proving profitable for SMBs through popular use cases i.e., AI chatbots. When the cloud enters conversational AI, companies can create personalized customer experiences without manual logic building. Cloud helps in building more historical, training, and analytical data.
AI-as-a-Service (AIaaS): Cloud has become a priority and one of the major AI cloud services for companies so that they can access infinite data and this is where AI-as-a-Service comes in, which makes AI accessible for everyone. Artificial Intelligence as a Service (AIaaS) is a third-party AI outsourcing service.
To know the above solutions in detail and more AI cloud services, click here.
Enterprise Level AI Platforms in Cloud will Democratize Adoption of AI
To be ready for the future, SMBs must have an approach to standardize the management of models, datasets, and data channels across the enterprise with the AI cloud. AI-integrated enterprise software is now the primary way to use AI, and such software is increasingly cloud-based, helping to make the AI cloud more real. The future lies in working with businesses to create specific domain scenarios and models for different industries.
Techment Technology provides enterprises with cloud-based AI platforms. To know the most appropriate AI cloud service for your business, get our free consultation.