The artificial intelligence (AI) technology industry is really thriving nowadays. Past the hype, the increasing media attention, and the number of companies that want to acquire them, there is a relative increase in investment in AI technologies.
In this article, you will get acquainted with some of the hottest AI technologies in the market today.
Natural Language Generation
Natural language generation is an AI sub-discipline that converts data into text, which enables computers to communicate ideas with perfect accuracy.
Natural language generation is currently being used in customer service, report generation, and summarizing business intelligence insights.
Sample vendors of Natural language generation are Attivio, Cambridge Semantics, SAS,
Automated Insights, Digital Reasoning, Lucidworks, Narrative Science, and Yseop.
Speech recognition is the interdisciplinary area of study of computational linguistics that develops methodologies and technologies, which enables the recognition and translation of spoken language into text by machines.
Alexa and Siri are just two of the systems that can understand human speech. Some of the companies that are offering speech recognition services are NICE, Nuance Communications, OpenText, and Verint Systems.
Virtual agents were dubbed as “the darling of the media”. Ranging from simple chatbots to advanced systems that can network with humans.
Virtual agents are currently being used in customer service and support and even as a smart home manager.
Sample vendors of virtual agents are Amazon, Apple, Google, IBM, Microsoft, Artificial Solutions, Assist AI, Creative Virtual, IPsoft, and Satisfy.
Machine Learning Platforms
Machine learning is a sub-discipline of artificial intelligence in the area of study of computer science that frequently uses statistical techniques to give computers the ability to “learn” (for instance, to progressively improve performance on a specific task) with data, without being explicitly programmed.
Machine learning platforms are now being used in a wide range of enterprise applications, mainly involving prediction or classification.
Sample vendors of machine learning platforms are Amazon, Microsoft, SAS, Fractal Analytics, Google, H2O.ai, and Skytree.
AI-Optimized hardware is a technology that makes hardware much friendlier. These are new graphics and central processing units and processing devices that are specifically designed and structured to execute AI-oriented tasks.
AI-optimized hardware is primarily used in making a difference in deep learning applications.
Some of the companies that are offering AI-optimized hardware are Google, IBM, Intel, Nvidia, Alleviate, and Cray.
Decision management is an AI technology that is incorporated into a variety of corporate applications to assist and execute automated decisions, which makes organizations as profitable as possible.
Decision management is capable of introducing rules and logic to artificial intelligence systems so that users can use them for initial setup or training, ongoing maintenance, and tuning.
Some of the companies that offer decision management AI technology are Advanced Systems Concept, Informatica, Maana, Pegasystems, and UiPath.
Deep Learning Platforms
Deep learning, also called deep structured learning or hierarchical learning, is part of a wider family of machine learning methods based on learning data representations, as opposed to task-specific algorithms.
The deep learning platform is a type of machine learning that consists of artificial neural networks that have multiple abstraction layers. It is now being used in pattern recognition and classification applications supported by very large data sets.
Sample vendors of deep learning platforms are 3VR, Affectiva, Agnitio, FaceFirst, Sensory, Synqera, and Tahzoo.
There are, of course, other AI technologies that are amazing in their own right, such as biometrics, robotic processes automation, text analytics & NLP, AI modeling, cyber defense, knowledge worker aid, peer-to-peer networks, emotion recognition, image recognition, etc.
AI technology is presently helping industries to flourish and thrive more. It provides aid in the healthcare industry, education, law, transportation, and also in helping the less privileged. In the coming years, we should see more amazing things from artificial intelligence technology.