Which factors help the organization to transform their business? Which technologies help them accomplish them to achieve their business goals? The answer should be Artificial Intelligence and Big Data.
Both Artificial Intelligence (AI) and Big Data are the two new emerging technologies of this modern tech-driven world. Artificial Intelligence has been in existence for a few decades, but Big Data has emerged just a few years back. These two technologies, when combined together can prove to be very powerful and help the organizations to analyze customer interests and provide them the best services.
Let us now understand both these technologies in brief.
Artificial Intelligence is a branch of computer science which aims to create intelligent machines. It can also be understood as the ability of a computer to perform tasks that are similar to those of human learning and decision making.
The applications provided by this technology are endless. This technology can be applied to many different sectors and industries. Looking at the benefits provided by this technology, many companies are willing to adopt AI technology into their business.
The fact that around 83% of businesses say that AI is now their strategic priority for their business is an indication of the extent to which AI is valued by businesses. The market of AI is also growing continuously. According to research firm Markets and Markets, the AI market will grow to a $190 billion industry by the year 2025.
Big Data refers to data with a huge size. Big Data is the term that describes a large amount of data – both structured and unstructured. This data is available from different sources such as from social media, blogs and comments, YouTube videos, email, etc.
Types of Big Data: Big Data can be found in three different terms:
- Semi structured.
1) Structured: The data that can be stored, accessed and processed in the form of fixed format is known as structured data.
2) Unstructured: The data with an unknown form or structure is known as unstructured data.
3) Semi structured: Semi structured data contains both structured and unstructured data.
Artificial Intelligence and Big Data can work together
Both Artificial Intelligence and Big Data together are contributing to the growth of many businesses across the industries. Today, many organizations are relying on the meaningful insights obtained from Big Data for their business growth. To meet their business demands, organizations are considering using Artificial Intelligence and Machine Learning techniques that help to stay ahead of the competition.
Organizations believe that AI will bring about a revolution into their organizational data. Artificial Intelligence involves Machine Learning techniques through which machines send or receive data and learn new concepts by analyzing the data. Big Data helps the organizations in analyzing their existing data and in drawing useful information from the same.
Combining AI and Big Data can be very advantageous for companies. As they both together provide meaningful insights immediately and accurately, this approach can be adopted across all industries.
Conclusion: We believe that this guide has been successful in providing you the information about both AI and Big Data technologies. These two technologies are working together to provide all the valuable aspects required for organizations to serve their customers in a better way and hence enhance their business.
If you are willing to learn these two technologies in detail then you can visit this link that contains all the valuable information required to master these technologies.
If you think some more information needs to be added to this blog, then please send your feedback in the comment section.