Artificial Intelligence (AI) is an umbrella term covering a variety of what are called “smart” technologies. What they all have in common is the ability to learn. AI takes information and responds to it, without waiting for humans to step in and tell them what to do. It can take mass amounts of data, and not store it in a regular computer, but analyse it. It boils down to how computers can accumulate information and then apply it – learning, growing and making decisions on what they’ve learned.
AI is used to interpret results from a series of events, predictions, actions, and decision-making. Machine learning is used to analyze data and learn from it, without human intervention.
What are the key benefits of AI analytics?