Latest AI & ML Trends Impacting Businesses in 2019-20

There has never been a more exciting time for AI and machine learning applications, and 2019-20 augurs well for the rich range of applications offered by these revolutionary technologies.

A number of companies are discovering that data processing driven by artificial intelligence not only produces more efficient business processes but also better business results in general. And thus top AI & ML companies that invest in ai trends & machine learning trends will be in a good position to exploit new market opportunities in the next year.

As per the latest survey, it is found that the analysts believe 2019-20 will be the year for business enterprises who admire to witness a number of advancements in this industry.

1) Healthcare benefits

The healthcare industry is already making progress by leveraging various ai trends and machine learning applications from the recent past. Being an industry that is expected to be on the verge of the latest innovation, AI and Big Data will play a key role in the elimination of diseases such as cancer. By using historical data and patients' medical records, AI would soon shed light on the internal mechanism of invasive diseases so that occult phenomena can be studied in a broad sense.

The innovation is robust in the intelligent prosthetics of recent times. According to the AI and machine learning predictions for 2019, intelligent AI-powered sensors will help people with permanent disabilities detect light, image, sound and pressure. The smart prosthesis is considered the next big leap in medical science, as it gives people a second chance to overcome life-changing disabilities.

Artificial intelligence refers mainly to doctors and hospitals that use large data sets of information that can save lives. The good news is that AI provides the benefits for the healthcare industry, so if you want to take advantage of the advanced tools, it is more relevant to hire healthcare application development professionals.

2) Robotics

As of now, we have already learned about robots, bots and AI-based chatbots that imitate human skills, such as decision making, conversation, locomotion, risk prevention, etc. We are heading in the direction of an intelligent and networked future where algorithms constantly learn from each interaction by collecting behavioral data to simplify challenging functions that are otherwise prone to errors in the hands of human beings.
Whether it's virtual nurses who predict disease signs or driverless cars that avoid collision, or chatbots websites that slide to provide personalized support, we've seen AI trends and its footprint in almost every occupation.

3) Marketing Research

The rapid growth in various AI trends has paved the way for the efficient use of AI-enabled tools that generate powerful ideas to facilitate strategic business decisions. AI and machine learning trends will efficiently learn new developments in the marketing landscape and recommend strategies that are appropriate for the prevailing marketing circumstances to provide a tremendous advantage over the competition.

According to AI trends for 2019, the system will learn to be proactive rather than reactive. Advancing, not only simplicity and cost savings will attract investors to market research based on Artificial Intelligence. It is the ability of this technology, together with the cloud, to make companies more innovative in each step.

4) Growth in Business

Apple's Siri and Microsoft's Cortana need no introduction. Being classic examples of an intelligent artificial intelligence and a virtual assistant based on the cloud, they have served countless smartphone users by constantly learning the search pattern to recommend personalized results to their users. The complex systems behind these implementations are relentless execution algorithms that track online behavior and personal preferences to uniquely understand each user.

The information captured by the devices enabled for the virtual assistant will help marketers to design campaigns to launch solutions to the end users that will make them click on the CTA. As part of the machine learning trends, the personalization of search results through the use of analyzes based on artificial intelligence will be the next big leap in business. It is more likely that artificial intelligence trends affect the performance of real-time targeting, natural language search, conversational commerce, predictive marketing, and more.

5) Financial Sector

Volatile markets, political ball games and predatory trade represent imminent risks for financial growth. According to the AI trends & machine learning trends, the financial sector will see reduced risk and better preparedness as more institutions rely on AI, Big Data and predictive models to prevent fraud and corruption through preventive surveillance. Soon, companies that rely on artificial intelligence and machine learning will be in a better position to anticipate risks, predict unplanned expenses and do much more to be lean at competitive markers.

AI-based predictive modeling will save money and time while improving the accuracy of creating larger and more complex reports based on Big Data. Based on the AI ​​and automatic learning trends of the past, it has the potential to allow stability and efficiency throughout the financial industry. Although not all functions can be automated, artificial intelligence can be used to make the analyzes more precise and efficient compared to the manual method of analysis execution.

6) Hunt Trending Images on Social Media

As we slowly approach the second decade of the millennium, the exchange of images will shake the way in which companies drive visual engagement. Under the next AI trends, it is predicted that smart brands will take advantage of artificial intelligence tools to hunt down viral images and interpret the story behind them. Using artificial intelligence to filter a huge amount of images can drive companies beyond the curve because, as we know, visual media is the bread and butter of social network engagement. Any social channel in which the image is shared along with the brand's message can generate 2.3 times more interaction.

However, marketers who rely on manual methods to retrieve information are less likely to benefit from the creation of productive brands. The image recognition software keeps track of each potential image repository and maintains a database of addresses from which they can be retrieved by a search keyword. By tracking this information, it is easier to understand the best approach to product placement.

Final Words:

So far we have seen which AI trends and machine learning applications will set the tone for the future. These technologies are ready to support as many businesses as expected now in order to realize benefits. However, there are some serious concerns regarding cybersecurity and reliability that will remain be debating.

That’s why new AI trends & machine learning trends keep promising to nurture growth in businesses which are actually shrinking today. Hoping, you are now ready to take your business to the next level with these AI trends & machine learning trends. You can share views or can ask any query via commenting in the comment box.