We have already seen the transformative impact of Artificial Intelligence when combined with cloud-based services and you are highly likely to be one of the millions around the globe who use this technology on a daily basis.
If you ask a digital assistant like Siri or Alexa a question or get them to perform a task around your home, this has been made possible by combining AI and cloud computing.
The possibilities are almost endless when you seamlessly blend AI and cloud-based resources. Whether it is adjusting your thermostat, requesting your favorite song, or a growing number of available task options, it is these combined technologies that become a powerful force together.
AI is helping companies manage their data on a daily basis and when you call on IT Support Sydney, for instance, they will be up to speed on ways to harness the power of artificial intelligence in order to optimize workflows.
Let’s take a look at some of the key points that you need to know when it comes to what the present and future role of AI and cloud computing are likely to play in our daily lives.
An integral aspect of your IT infrastructure
It is now commonplace to see artificial intelligence embedded into a business’s infrastructure in order to facilitate a more streamlined workflow. It achieves this aim by automating a number of repetitive tasks and allowing users to focus on more worthwhile and valuable tasks.
The future role of AI in this respect is predicted to be very exciting as it becomes more sophisticated and develops a wider range of capabilities. It is believed that it will be possible to power a self-managing cloud, thanks to the power of artificial intelligence.
How it works is that AI tools will constantly monitor the system and workflows, allowing it to automatically manage tasks and even heal issues independently, without human intervention.
At a base level, AI plays the role of automating workflows. Subsequently, using analytical skills, it will learn how to improve on these processes and operate them autonomously.
AI tools are being embedded into software
AI is increasingly being introduced as an integral part of a Software-as-a-Service (SaaS) rollout.
These platforms are now embedding AI tools into their software suites as they have identified that they deliver a greater level of functionality to the end-user and someone using the software will perceive that this enhancement is adding value to the overall package.
A good example of what sort of added value AI can offer as a result of SaaS integration would be to take a look at how it can add a new dimension to customer relationship management software.
AI will be able to capture and analyze a tremendous amount of customer data that will enable the software to identify trends and predict what steps or actions will lead to a sales conversion.
AI can play a pivotal role in driving up sales numbers when it offers specific recommendations that are based on the buying signals that the AI tool is interpreting.
A way to improve data management
We are also seeing clear evidence that artificial intelligence is having a positive influence on improving data management.
Many businesses now routinely generate and collate a substantial amount of data. However, processing and analyzing that data is a big challenge without having the right tools to harness the power of the data at your disposal.
Cloud computing solutions have already adopted AI tools in order to get the most out of this huge volume of data. These tools are capable of organizing this information in a way that makes it easier to produce accurate data in real-time.
Improving data management using AI opens up a whole new world of opportunities that will help deliver a range of improvements across all business departments. Anything from customer service to supply chain data management can be improved using what AI currently has to offer.
Dynamic pricing
It is now possible for a cloud-based retailer to use dynamic cloud services to improve efficiency and even use a dynamic pricing module to help maximize profitability.
A cloud-based retail module can have a pricing feature embedded into the software. What the AI can do is automatically adjust the pricing based on a number of different scenarios.
For example, if demand for a particular product is high, dynamic pricing can adjust the price in real-time, taking into account other aspects such as inventory levels and competitor pricing as part of the decision-making process.
This sort of sophisticated analysis is a lot smarter and quicker than would be possible if you were trying to make these calculations and predictions without the help of this software.
Knowing that your pricing is always optimized as a result of AI technology could make a big difference to how profitable your online business can be.
A fundamental point to remember about the benefits of combining AI with cloud-based services is that you are able to enjoy the benefits of constantly analyzing data and putting that data to the best possible use without having to rely on human intervention at any point in the process.
What is probably most impressive about this technology is that it is such a seamless integration of artificial intelligence and cloud computing that many users are not actually aware of the forces that have combined to deliver data in such an intuitive powerful way.
We are already seeing clear evidence that AI is managing to allow organizations to become more efficient, more data-driven, and much more insight-driven too. Cloud computing and AI offer a powerful way to achieve optimum workflow performance and a greater customer experience as a result of these valuable insights.
An impressive suite of AI technologies combined with cloud-based resources is already proving to be a potent force to be reckoned with in the world of commerce. The intuitive instincts of AI are already playing a pivotal role in enhancing what cloud-based services have to offer.
It seems that the future is bright and the possibilities for future evolution are only limited by our imagination, as the technology is already there to make every business more efficient.
Also Read: These Have Been Significant Advances In Cloud Computing