Artificial Intelligence is becoming a game changer for businesses across the globe. In the future, artificial intelligence will undoubtedly evolve at a rapid pace and provide new opportunities for growth for all types of organizations. Furthermore, AI integration in various parts of the global economy will spur the improvement in business niches that still suffer from a lack of automation and hence are unable to generate a positive ROI. But which industries will generate the most benefit? Well, this has been a prevailing question for a long time. So, read on to get some insights.
5 Industries That Will Benefit the Most from the Integration of AI
Following are 5 sectors that are and will benefit further as the integration of AI gathers momentum –
- Healthcare
Artificial intelligence has brought revolutionized experiences for patients, both mentally and physically. The use of big data and machine learning has advanced innovation and is helping in the development of virtual nursing systems, which in turn helps in the creation of administrative workflow assistance by collaborating with all the major functionalities of healthcare across the world.
Moreover, robot-assisted surgeries have become a reality where surgeons can save time while performing precise surgeries.
- Agriculture
AI has transformed the agriculture industry by leaps and bounds by increasing the probability of generating profit from micro-operations in their farms. Each farm activity will be monetised effectively with the help of artificial intelligence tools will increase the farm produce more by judiciously using the resources that are available in less quantity. The quality of produce will also improve with the help of artificial intelligence. There are sprayer robots that sprinkle pesticides and herbicides in precise quantities. There are harvesting robots that can accomplish the work of 30 farmers in one day. Special AI drones have been developed to help farmers enhance crop yields.
- Fashion
Fashion retailers need more customers or dedicated followers to generate more business revenue. Artificial Intelligence is helping them transform their business by observing various operations and processes driving fashion sales. After observing these operations, smart technologies automate the entire operational process. AI helps to increase the process's speed and reduce the delivery chain's cost. AI is used for forecasting, vending, making plans, and refining operational strategy.
Apart from the customer and marketplace insights, it also helps in the development of the designing processes. Digitizing the entire design process will help create many trendy designs at the tap of a hand. With all this digital innovation, fashion has become a powerful industry.
- Education
AI has also helped to revolutionize the education system. For example, it has refined the process of conducting online lectures and classes. The grading system has also become automated. In addition, artificial intelligence has helped develop various applications that help students attend classes online, submit assignments virtually and conduct academic research online.
MOOCs have also become quite interactive and advanced thanks to the advent of AI. As a result, many educational institutions, especially colleges and universities, have regularly incorporated these technologies, boosting the institution's academic resources and students' performances because of a better visual representation.
- Manufacturing
The manufacturing industry always depended on robots to amplify their production line operations. Earlier low-tech robots had replaced human labor. However, these robots required human intervention in some form or the other. Now, with the introduction of AI in the manufacturing industries, efficiency and productivity have increased manifold, with production levels increasing to a level that could not be imagined before.
Therefore, it can be derived from these facts that the scope of AI in the manufacturing industry is shining bright, and its use will keep on increasing in the future, spreading over several domains of the manufacturing process and supply chain management. As a result, it will help the manufacturing industries to produce quality materials in a reduced time.
To wrap up, these are some of the industries that are going to see a big revolution because of the integration of artificial intelligence systems in their operations. However, comprehensive implementation of AI still has some way to go as the technology is still in its development stage. Nonetheless, developing better systems because of machine learning and artificial intelligence shall lead to a future beyond imagination. And, as a business owner, if you are planning to introduce AI, then you can take the assistance of cloud computing and storage services offered by E2E Networks to avoid spending big on infrastructure costs.
Reference Links
https://yourstory.com/mystory/top-five-industries-affected-artificial-intelliegnce/amp
https://www.mobileappdaily.com/industries-affected-by-ai
https://www.spiceworks.com/tech/artificial-intelligence/articles/industries-ai-will-disrupt/
