What are applications of Artificial Intelligence?

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What are applications of Artificial Intelligence?

The field of Artificial Intelligence is growing very fast and many new libraries are immerging for developing applications.

The field of Artificial Intelligence is growing very fast and many new libraries are immerging for developing applications.

What are applications of Artificial Intelligence and what all things can be done?

The scope of Artificial Intelligence is increase very fast and there is huge demand of the developers having skills on these technologies. If you see any job portal you will find Artificial Intelligence jobs are highly paid as compared to other jobs.

In this section we are going to explore the various applications of Artificial Intelligence in different industry. As explained in previous sections Artificial Intelligence is programming technologies which provide intelligence to the machine. Using these programs machine learns from data/environment and become intelligent enough to take right decision.

What are applications of Artificial Intelligence?

Let’s discuss the Application of Artificial Intelligence

Artificial Intelligence is advanced technology which uses Programming, Mathematics, Statistics, Biology, Advanced Data handling, Compute clusters etc. to achieve intelligence into machine.
Artificial Intelligence is so powerful that is used in advanced fields such as medical diagnosis, electronic trading, robot control, remote sensing, finance, healthcare, education, transportation, and many more.

Identifying Society Problems

Researchers at Stanford are using AI technologies to analyze satellite images to identify the area where highest poverty level prevails.

Aviation

In the aviation it can be used in training simulator, mission management aids, support systems in tactical management, language translation, predictive analytics and many more.

Financial Management

In Finance and Banking industry AI will play a major role in near future, industries are adopting new technologies for trading, wealth management, use of real-time insight, Automatic clearing on invoice payments, auditing expense claim, determining bonus accruals, risk management, generating detailed analytics, automatic approval of workflows,  Fraud detection, meeting regularity requirements, improving customer experience etc… So, the actual use of Artificial Intelligence and Machine learning is huge in Banking and Finance industry.

Manufacturing the planning and the scheduling

The AI technology will quickly help the manufacturing industry in manufacturing process by helping them in planning and scheduling the process inside factory. It will also learn from previous data and suggest best path to be executed for better production management.

Project Management

The Project Management requires lots of skills and there are unique challenges in each project. AI technologies can learn from previous projects and suggest better way to manage next project to team members, team lead and stockholders.

Portfolio Management

The possibility of using Artificial Intelligence in Portfolio Management can be very beneficial. AI technologies will help Portfolio Manager to analyze enormous data generated by various financial instruments and then decide on the investment parts. AI technology introduced a new system IPMS (Intelligent Portfolio Management System) which deals with the analysis of vast set of financial data various stocks and financial instruments to give prediction to the users.

Sales services

AI technologies can be used in Sales services industry to generate valuable insight, predictive market for managing customer relation, improve customer engagement, gap filler between sales & marketing, finding new opportunities and so on. Its use in sales service and marketing is huge which can be enhanced based on the future requirement of the company.

Field services

Artificial Intelligence can be used for Field services to better guide and manage field executives. This will help in increasing customer satisfaction, customer experience, work productivity and taking the data-driven decisions.

Geology

The main use of AI technologies in Geology is to analyze the image logs to identify rock texture, textural organization and porosity type distribution.

Diagnosis

AI technologies can be used in Medical Diagnosis through artificial intelligence. Its use in this industry is huge and medical diagnosis industry produces tremendous medical data which needs to be understood.

Apart from this following are more uses of Artificial Intelligence in various industries:

  • AI in Asset liability Management – Better learn from existing data to find best way to manage this.
  • AI in Reading / interpreting financials – Getting insight of vast financial data into valuable insight in dashboard format.
  • AI in Criminology – Leaning from crime and criminal justice.
  • Artificial Intelligence in Agriculture
  • Artificial Intelligence in Automobiles
  • Artificial Intelligence in Accounting
  • Artificial Intelligence in Auditing
  • Artificial Intelligence in Analytics
  • Artificial Intelligence in Army
  • Artificial Intelligence in Banking
  • Artificial Intelligence in Business
  • Artificial Intelligence in Bioinformatics
  • Artificial Intelligence in Biology
  • Artificial Intelligence in Big Data
  • Artificial Intelligence in Biotechnology
  • Artificial Intelligence in Business Management
  • Artificial Intelligence in Computer
  • Artificial Intelligence in Computer Science
  • Artificial Intelligence in Cyber Security
  • Artificial Intelligence in Civil Engineering
  • Artificial Intelligence in Cars
  • Artificial Intelligence in Clinical Trials
  • Artificial Intelligence in CRM – For making better CRM software for industry.
  • Artificial Intelligence in Customer Service – Better customer engagement and satisfaction
  • Artificial Intelligence in Digital Marketing
  • Artificial Intelligence in Defence
  • Artificial Intelligence in Daily Life
  • Artificial Intelligence in Drug Discovery
  • Artificial Intelligence in Data Analytics
  • Artificial Intelligence in Data Mining
  • Artificial Intelligence in Drones
  • Artificial Intelligence in Education
  • Artificial Intelligence in Ecommerce
  • Artificial Intelligence in Engineering
  • Artificial Intelligence in Electrical Engineering
  • Artificial Intelligence in Education System
  • Artificial Intelligence in Electronics
  • Artificial Intelligence in Embedded Systems
  • Artificial Intelligence in Energy and Utilities
  • Artificial Intelligence in Finance
  • Artificial Intelligence in Future
  • Artificial Intelligence in Food Industry
  • Artificial Intelligence in Financial Markets
  • Artificial Intelligence in Fintech
  • Artificial Intelligence in Fashion Industry
  • Artificial Intelligence in Fashion
  • Artificial Intelligence in FMCG
  • Artificial Intelligence in Graphic Design
  • Artificial Intelligence in Healthcare
  • Artificial Intelligence in Home Automation
  • Artificial Intelligence in Healthcare Industry
  • Artificial Intelligence in Insurance
  • Artificial Intelligence in Investment Banking
  • Artificial Intelligence in Image Processing
  • Artificial Intelligence in Journalism
  • Artificial Intelligence in Knowledge Management
  • AI for Knowledge Management Overview and Trends
  • Artificial Intelligence in Legal Profession
  • Artificial Intelligence in Logistics
  • Artificial Intelligence in Learning
  • Artificial Intelligence in Legal Sector
  • Artificial Intelligence in Life Sciences
  • Artificial Intelligence in Life Insurance
  • Artificial Intelligence in Legal Industry
  • Artificial Intelligence in Medicine
  • Artificial Intelligence in Manufacturing
  • Artificial Intelligence in Mechanical Engineering
  • Artificial Intelligence in Mobile
  • Artificial Intelligence in Medical Diagnosis
  • Artificial Intelligence in Network Security
  • Artificial Intelligence in Nanotechnology
  • Artificial Intelligence in Natural Language Processing
  • Artificial Intelligence in Network Intrusion Detection
  • Artificial Intelligence in Neuroscience
  • Artificial Intelligence in Nutrition
  • Artificial Intelligence in Oil and Gas
  • Artificial Intelligence in Oncology
  • Artificial Intelligence in Operations
  • Artificial Intelligence in Ophthalmology
  • Artificial Intelligence in Operation Management
  • Artificial Intelligence in Power Station
  • Artificial Intelligence in Procurement
  • Artificial Intelligence in Pharmaco Vigilance
  • Artificial Intelligence in Pharmaceutical Industry
  • Artificial Intelligence in Project Management
  • Artificial Intelligence in Quantum Computing
  • Artificial Intelligence in Robotics
  • Artificial Intelligence in Radiology
  • Artificial Intelligence in Retail Industry
  • Artificial Intelligence in Restaurants
  • Artificial Intelligence in Risk Management
  • Artificial Intelligence in Software Testing
  • Artificial Intelligence in Stock Market
  • Artificial Intelligence in Supply Chain
  • Artificial Intelligence in Sales Force
  • Artificial Intelligence in Telecom
  • Artificial Intelligence in Underwriting
  • Artificial Intelligence in Virtual Reality
  • Artificial Intelligence in Vehicles
  • Artificial Intelligence in Video Games
  • Artificial Intelligence in VLSI
  • Artificial Intelligence in Voice Recognition
  • Artificial Intelligence in Warfare
  • Artificial Intelligence in Web Development
  • Artificial Intelligence in Wealth Management
  • Artificial Intelligence in Wireless Communications
  • Artificial Intelligence in Warehouse - Can be used to automate warehouse controller by AI software and product deliver will be without interruption.
     
  • Artificial Intelligence in Welding - To identify the best process of performing welding for a given work/new work based on the previous experience. All logics can be decided by the welding robots controlled by AI system.

The use of Artificial Intelligence is vast and all the type of business can use this technology in or other way. Artificial Intelligence will open another field of research and software application development there will be huge demand of skilled professional in this field. Learning to design, architect, develop, deploy and maintain Artificial Intelligence system will give huge advantage to the software professionals. Professional from other fields is also learning AI technologies to use their knowledge and come out better decision for their business.

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