AI Application Comparisons Articles and Reports
Explore head-to-head comparisons of artificial intelligence products and applications, including applications for marketing, finance, and other sectors.
Artificial intelligence -- especially machine learning -- is at it’s best when it is working with a large, analyzable data set, like text. But much of the data in the world isn’t in text form. Instead, it’s in the form of spoken words on video and audio recordings or even live events. This makes reliable voice transcription an important goal for artificial intelligence.
Global spending on utility customer information systems (CISs) and analytics is expected to total nearly $37 billion from 2014 to 2023, according to a report from Navigant Research. Some of the top utilities companies in the United States have been using predictive analytics to enhance operations, cut costs and improve customers’ experience.
Chatbots are gradually being adopted into the healthcare industry and are generally in the early phases of implementation. Market research firm Grand View Research estimates that the global chatbot market will reach $1.23 billion by 2025. This projected growth reflects a compounded annual growth rate (CAGR) of 24.3 percent.