We are currently living in a new era—the age of artificial intelligence—and there's no escaping it. Most people are familiar with or have already encountered AI in various companies. According to Brian Krzanich, CEO of Intel, all businesses will be impacted by this new technology; those that don’t adapt will struggle to keep up with the changing reality we are witnessing. As 2018 comes to a close, many experts are focusing on the main AI trends expected to shape the new year.
More Sophisticated Data Analysis
Managers today must understand that data is one of the most valuable assets for any company. In 2019, data analysis is expected to play an even more significant role, with new applications and programs enabling faster and automated data processing. The goal is not to replace humans in this task but to equip them with all necessary tools and information for more accurate decision-making. By streamlining data generation, identifying trends, and facilitating inter-departmental information exchange, decision-making will be faster and more objective.
Digital Twins
Digital twins aim to improve processes for creating, testing, and correcting new products. Essentially, digital twins are virtual copies of real-world processes. As a product is developed in the physical world, its digital counterpart is created simultaneously. This enables testing and analysis before the product reaches the market. Key advantages of digital twin technology include:
Reduced production time
Fewer errors
Increased adaptability
Cost reduction
Improved profit forecasting
Enhanced risk prediction
Standardized Use of Chatbots
Chatbots are AI celebrities. Connected to a company's database, they use natural language to communicate with customers, recognize names and phone numbers, and predict customer behavior. These intelligent systems store essential information, allowing them to direct customers to the right department or a specific representative when needed.
Information Centralization
AI enables companies to interconnect all their data, which plays a critical role in managerial decision-making, particularly in marketing. A company that analyzes information in real time and centralizes key business data can make more accurate decisions, significantly boosting its success. For instance, at Coderockr, we developed Planrockr, a tool for IT project management, which is in high demand from tech companies for its ability to centralize and provide this kind of essential information.
Strengthening Blockchain
Blockchain technology is gaining popularity due to the growing use of cryptocurrencies, though its applications go far beyond this. Blockchain makes transaction records more secure, revolutionizing data storage in the digital world. Beyond cryptocurrencies, blockchain can be used in healthcare, where it allows the tracking of data movements, significantly enhancing data security.