In our previous blog, we mentioned that Meridian IT can help you get started with AI, identifying use cases that will allow you to take advantage of the power of an AI platform to meet your most demanding data models. Today, we’ll take a quick tour through effective uses of AI for a few different industries.
For many healthcare providers, AI predictive models are being used to help enhance population health tools. These models seek to identify where early interventions can improve outcomes and reduce costs. Hospitals are embracing AI to support clinicians to make accurate diagnoses, analyze medical images and personalize care.
Financial services companies are seeing disruption to legacy processes and approaches in the wake of the AI market proving that it is essential that companies invest the time and energy now to understand the impacts that AI and Machine Learning can have on their industry. Enterprises use algorithms to automate financial advice and deepen their insight on various factors, all with highly improved response rates. Retail banks have jumped into the fray with customer support chatbots, slashing costs and engaging new clients. AI is transforming fraud detection and risk management, as well as easing compliance with increasingly complex regulations.
Manufacturers can take advantage of AI-enhanced predictive maintenance and testing to increase yields and reduce waste. By adopting AI solutions, they can gain new visibility of assets, and power more accurate forecasting of demand and supply.
In the utilities sector, organizations are honing in on the use of AI to identify unusual patterns in plant operations, preventing breakdowns. They employ AI to better understand and respond to changing patterns of demand, which can enable enhanced service levels at lower cost.
The world of transportation and logistics is being rocked by AI, with leaders investigating self-driving vehicles, optimizing traffic flows and using robots for sorting packages. The potential for AI to reduce costs by decreasing manual processes, human effort, and error rates is extensive as well as the possibility of adding value by enhancing service to end-customers.
It’s clear: no matter your industry, AI is a conversation that is happening today in unexpected places across your organization. Whether you are in a mature place evaluating AI, or taking your first steps to understand its potential value, AI is a transformative technology to watch. At Meridian IT, we take the time to understand the specific challenges and opportunities facing your industry and, moreover, your company. Wherever you are in your AI journey, we can help you develop, define and reach measurable goals—so you can start reaping the benefits.
Get in touch today to explore how Meridian IT can help you navigate your AI journey, and find out more about our ‘Getting Started with AI’ workshop.