AI paves the way for organizations to improve their efficiency in the market. Also, the continuous advancements in machine learning have made AI even more prevalent in business today.
Artificial Intelligence (AI) is a really useful tool for businesses to be successful. AI can help businesses make better decisions and improve the way they operate. But using AI can be expensive and complicated. That’s where Artificial Intelligence as a Service (AIaaS) comes in. AIaaS is a way for businesses to use AI without having to spend a lot of money on it. Royal Cyber is a company that has a lot of experience and knowledge about AI and Machine Learning. They can help your business find the right AI solutions that will work well for you.
The recent use of artificial intelligence has been AI as a service. AlaaS ( or AI as a service ) is a type of third-party outsourcing of this technology that companies and individuals can use to lower the risk in the business. You probably have used one or two or even more of these services unknowingly. To shed more light on this topic, here we have gathered 15 AI as a service examples. To know more, what is an example of AI as a service?, keep on reading!
Here are a few examples of Artificial Intelligence as a Service (AIaaS) offerings:
- Amazon Web Services (AWS) AI services: AWS offers a range of AI services, such as Amazon Rekognition for image and video analysis, Amazon Polly for text-to-speech, and Amazon Comprehend for natural language processing.
- ChatGPT: AIaaS is provided by companies like ChatGPT. ChatGPT is a language model that was made by OpenAI. It uses both artificial intelligence and natural language processing to let users have conversations. Businesses can add ChatGPT to their apps or websites to help with customer service or automate certain tasks, like answering frequently asked questions or making personalised recommendations. With AIaaS from ChatGPT, businesses can take advantage of AI’s power without having to spend money building their own AI systems from scratch.
- IBM Watson: IBM Watson is a suite of AI services that can be used to build intelligent applications. These services include Watson Assistant for chatbots, Watson Discovery for analyzing data, and Watson Language Translator for multilingual support.
- Google Cloud AI Platform: Google Cloud AI Platform provides various AI services, such as AutoML for building custom machine learning models, and Vision AI for image analysis.
- Microsoft Azure AI: Microsoft Azure AI offers various AI services, including Azure Cognitive Services for speech and image analysis, and Azure Machine Learning for building custom machine learning models.
10 Examples of Artificial Intelligence as a Services You’re Using in Daily Life
ChatGPT is the most recent commercial AI as a services technology to come out. You’ve probably heard of ChatGPT by now. It’s a prototype of a general-purpose chatbot that everyone on the internet is crazy about right now. It’s quickly become the best example of how AI-generated content can have an impact.
OpenAI made ChatGPT, a chatbot that came out in November 2022. It is built on top of OpenAI’s GPT-3 family of large language models and has been fine-tuned using both supervised learning and reinforcement learning.
2. Smart Assistant
Smart things is another example of AI as a Service. To this day, you probably have used Alexa or Siri once. If yes, then you have already known AI as a service example. These smart assistants use AI to complete the commands and do as you assist. From playing songs to controlling your entire home, these smart assistants have proved themselves a major deal in the market. They come in the form of Voice assistance and Smart home systems. Using AI algorithms, they use smart assistance to enjoy you, help you with your chores, and can even give solutions to your daily problems. Google assistance, Alexa, and Siri are some examples of these smart assistance and the most widespread examples of AI as a service.
3. Machine Learning
Using AI algorithms to make predictions from data or to automate tasks, Machine learning has been among the most forced areas in AI as a service. It is a subject of AI that uses algorithms to make predictions from data. Also, machine learning works in various industries like engineering, medicine, education, and corporate to automate tasks and even predict future risks and benefits.
Machine learning has become so popular because it allows companies to save time and money. It predicts what a business’ users will do next instead of having human workers manually input data into Excel spreadsheets or databases every day.
4. Self Service
Self-service is a way of providing customer service without requiring human interaction. As a self-service AI can handle simple tasks such as checking your balance to more complex tasks such as applying for a loan. The perfect example of self-service is the Self-Service Kiosk. The system has been implemented in the UAE to reduce wait times and improve efficiency for the sake of customers. ATMs are also one example of self-service despite not being as advanced as the other technologies. Not just among the 15 examples, if we have to sort How is AI used today 5 examples? Self-service will be one of them.
5. Project Scheduling and Resource Planning
Project scheduling and resource planning are important aspects of AI as a service. The process can be automated, which means that humans do not need to be involved in the process. This allows organizations to scale their projects much faster than if they were manually scheduled because there’s no need for human resources and time spent on each project.
Manufacturing industries and also corporate organizations used this AI as a service to manage their limited resourcing while also not burdening them. It lets their employers work more efficiently and have more time to enhance their creativity.
6. Healthcare Management
AI in the healthcare industry is an important one to watch. It is one of the fastest-growing sectors to this day. Experts can use AI to make conversation AI for healthcare members to provide patients with personalized care and answers to their queries. Also, AI can quickly mine a patient’s history and concerts related to their health to help the healthcare members provide better support. One particular example of AI as a service is the Hardin Memorial Health. The hospital has used AI solutions to inform radiologists with detailed patient insights that are crucial to providing better outcomes. AI reduced the time and effort the radiologist had to spend sifting through the patient’s data. Just like this, there are several other examples of AI. Overall, AI as a service in the healthcare industry can help the sector in many ways, like patient monitoring and medical records management.
Automation is yet another example of AI as a service. It can improve efficiency and productivity, reduce costs, and increase customer satisfaction in several different industries, from healthcare to manufacturing.
Self-service robots and chatbots are the perfect examples of AI in automation. These applications allow users to perform repetitive queries without the need for human intervention. Predictive analysis in banking is one of the perfect examples of automation and its benefits.
8. Social Media Monitoring
AI in social media monitoring helps brands and other organizations to analyze what their users say and think about them so that they can take the necessary steps to improve their services. AI has changed the way brands use marketing strategies on their social media. It has the ability to automate time-consuming tasks on social media. Industry experts believe that the social media market will increase to $2.1 on the baseline of automation.
Socialbakers, an AI-driven social media management platform, is the perfect example of AI social media monitoring. The platform can provide insights into social media trends, influencer market discovery, tracking dashboards and other features.
NLP or ( Natural language processing ) allows computers to understand human language. It’s used in a variety of applications, including search engines and personal assistants like Alexa or Siri. AI is the main force behind how the NLP works. Excerpts manipulate and use NLP along with AI algorithms to create useful programs.
Chatbots and even robots use NLP and AI algorithms to understand what humans are saying, and then they respond to it automatically. NLP also plays an important role in the processing of the voice. For example, Google assistance uses NLP to understand what you say. It records the input in human language, and then using the NLP, it transforms it into machine language to understand your command and then respond accordingly.
10. Sentiment And Advanced Analytics
Sentiment analysis is one of the most common examples of AI as a service. Big enterprise sentiment and advanced analytics to detect positive or negative sentiments in text, audio, images and video.
Sentiment analysis involves taking raw data and assigning it a positive or negative value based on what you’ve determined is appropriate for that specific piece of content. Advanced analytics allows businesses to analyze trends over time by looking at how individual users interact with their products or services through various channels, such as email marketing campaigns and social media posts. Overall, it’s an extended version of social media monitoring.
11. Custom Classifier
One more powerful example of what AI can do is the custom classifier. Custom classifiers are intelligent systems that can assist humans with characterizing items and then sorting them into classics. Machines are thought to identify custom classifiers in their training process. In particular, custom classifiers are important to help the machines make intelligent decisions based on input about some data. By using multiple AIaaS instances simultaneously, users can run multiple algorithms ( each with a different classifier) and compare their performance to determine the most appropriate one.
12. AI Travel Booking Agent
AlaaS has become a mega trend in travel booking agencies. It can make the travel arrangement and can also suggest the most efficient route back home. Travel agencies around the world have capitalized the AI to increase their benefits and help their users to book trips on their smartphones. Not only that, travel booking agents can help users research local tourist points like local landmarks and restaurants.
Studies have suggested that one out of every three tourists has used an AI travel booking agent to facilitate human interaction with customers for faster response times. It has better booking prices and even travel recommendations. AI Chatbots have continued to help the rapidly changing travel industry.
13. Automation In Investing
Last but not least, AlaaS example is automation in investing. With the use of AI-driven algorithms and personalized user experience, increase sales and build loyal and lasting relationships. Finance and other investment companies can use AI to employ chatbots and predictive and sentiment analysis to analyze user responses and create a more customer-centric experience. The financial sector depends on the accurate reporting and processing of data to make the right decisions, and there is nothing better than AI.
14. Artificial intelligence in business
These were the 12 examples of AI As A Service. However, if you are an AI enthusiast, it’s worth exploring more options. If one thing in modern times knows no limits, it’s the potential use of AI. AI has improved benefits for all the major industries in the world and will continue to do so, and humans are unfolding the new power of AI every day! So, what are some examples of an AI? This question must become easy to answer after reading this guide as we have provided you with sum. With that, we hope you have enjoyed reading this guide and its contents.
Thank you for reading!