BUSINESS INTELLIGENCE/ARTIFICIAL INTELLIGENCE
Automating Business Processes with Mobile Applications to Improve your Bottom Line
Because artificial intelligence is a quickly emerging tech trend, the definitions are varied and yet it increasingly appears that AI will be the so-called electricity of the future, particularly within software development. As AI becomes increasingly nuanced and widespread, it’s important to consider what this and other emerging technologies can do for your business. AppIt Ventures can help you navigate the subtleties of AI, and plan how to leverage the endless business applications to make better business decisions moving into the future.
Glossary of Terms:
Artificial Intelligence (AI): catch-all term the describes an application’s ability to collect data, make decisions and return a response through tools such as algorithms, decision trees and if/then statements.
Machine Learning: the concept that machines can make better or more informed decisions over time as more data comes into the application.
Business Intelligence (BI): presentation of many data points through a UI (think dashboards) to help users make better decisions.
Intelligence Augmentation (IA): the concept that humans provide a unique value that pure artificial intelligence cannot. IA is a strategy to leverage insights provided by artificial intelligence to help humans be more efficient and effective in their particular role.