Abstract

Nowadays, most industries want to boost their business by using artificial intelligence. And besides, companies can use Artificial Intelligence and Data Analytics to understand their target audience better and automate those goods according to consumer demand. In return, all of these variables increase a company’s profitability that gives it an edge over its competitors. For the most instances, income is the bottom line. Yet corporations had to spend a great deal of money in artificial intelligence for a long time in the past to make this profit. AI machines were costly, programmers who knew AI were expensive and even rarer when useful data were not found! It is not so much a problem for big multinational organizations, but for small and medium-sized firms, it was very challenging. Yet it was all much easier for us to get to know and improve cloud services. Today, businesses can access a third-party AI platform and start to reap the advantages of artificial intelligence and data analysis with a much smaller initial investment, according to their customer requirements. It is the strength as a function of Artificial Intelligence! AIaaS provides the solution to a large number of SMEs who do not want to build their artificial intelligence systems, to test them, and introduce them from scratch. They can concentrate on their core business without becoming an expert on data and apprenticeships and obtain the value addition from artificial intelligence. We also have higher income, thus lowering their investment risk with AIaaS.

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