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AI in Business

The application of artificial intelligence in the enterprise is profoundly changing the way businesses work. Companies are incorporating AI technologies into their business operations with the aim of saving money, boosting efficiency, generating insights and creating new markets.

There are AI-powered enterprise applications to enhance customer service, maximize sales, sharpen cybersecurity, optimize supply chains, free up workers from mundane tasks, improve existing products and point the way to new products. It is hard to think of an area in the enterprise where AI -- the simulation of human processes by machines, especially computer systems -- won't have an impact. Continue reading from TechTarget

Benefits of AI in Business

To become successful in any kind of business, all you need is accurate collection of data, easy processing, adequate analytics, which further forms the backbone of decision-making and is required for vital insights. But, the kind of volume and variety of data which is generated cannot be just handled by humans at this large-scale.

And hence, eventually the significance of artificial intelligence comes into the picture which plays a very vital role in segregating these huge datasets into useful and accurate pieces of information which makes human lives much easier.

So, what are the benefits of AI and how does it affect our day to day lives? Here's a detailed read on the advantages of artificial intelligence in the real world. Continue reading from Forbes

Risks of AI in Business

Companies have always had to manage risks associated with the technologies they adopt to build their businesses. They must do the same when it comes to implementing artificial intelligence.

Some of the risks with AI are the same as those when deploying any new technology: poor strategic alignment to business goals, a lack of skills to support initiatives and a failure to get buy-in throughout the ranks of the organization....

However, executives are finding that AI in the enterprise also comes with unique risks that need to be acknowledged head-on.

Here are 15 areas of risk than can arise as organizations implement and use AI technologies in the enterprise. Continue reading from TechTarget.