7 Artificial Intelligence In Demand Technologies To Rule In 2019

Artificial Intelligence has developed a large number of tools with span of time to solve the most difficult computer problems. Check out the below mentioned latest technologies in Artificial Intelligence

Amyra Sheldon
May 29, 2019 · 6 min read

We are completely aware of the fact that the market for artificial intelligence (AI) technology is touching the sky, and every technology enthusiast looks for the latest innovations in artificial intelligence. There is a competitive race going on among startups and the Internet giants to get them and take advantage of the latest AI technology trends.

New AI Technology

Moreover, more and more companies are investing in and adopting artificial intelligence technology for business, giving birth to a strong interest in artificial intelligence future trends As per the Narrative Science survey, it was found that 38% of businesses were already using AI, which grew to 62% by 2018.

And, according to the prediction done by Forrester Research, it came out that more than 300% rise in the investment in artificial intelligence development was made in 2017 in comparison to 2016.

Moreover, as per IDC estimation, the AI technology market seems to grow from $8 billion in 2016 to over $47 billion in the year 2020.

These days, completely under the influence of digital technologies, Artificial Intelligence has innumerable technologies and tools, some of them have been used for a long time and worked as expected from them, while some of them are relatively new and known as the latest innovations in artificial intelligence applications.

For app developers, Forrester published a TechRadar on Artificial Intelligence development to let them know what is new and exciting and what’s not. It will definitely give them an idea of the recent developments in artificial intelligence technology and what people expect from this robust AI technology in the future.

According to Forrester’s analysis, the 7 most exciting and latest AI technologies to rule in 2019 are:

  1. Speech Recognition

Alexa is one of those systems which can understand you. Each and every day, innumerable systems are developed that are capable of transcribing human language, making their way to million via voice-response interactive systems and mobile applications.

2. Natural Language Generation

Natural language recognition is a sub-discipline of artificial intelligence technology converting data into text. It allows the computer to communicate ideas with indubitable accuracy.

The AI technology is used in customer service for the generation of detailed reports and market summaries. And, it is provided by many companies like Automated Insights, Cambridge Semantics, Lucidworks, Digital Reasoning, or Attivio.

3. Machine Learning Platforms

In this era, where technology is subject to change, and it is always evolving to give human beings something better. In fact, the technology has developed to this extent that the computer can easily learn and become intelligent.

Machine learning (ML), which is a sub discipline of computer science and AI branch. The purpose of this powerful technology is to build more advanced technologies which make possible for the computer to learn.

By offering algorithms, big data, development and training tools, APIs (application programming interface), apps and other machines, ML platforms are gaining worldwide attraction day by day.

These days, they are fundamentally being utilized for prediction and classification. Every professional and dedicated web developer wants to know the current trends in machine learning to create something unparalleled. The companies providing ML platforms are Fractal Analytics, Google, Amazon, H2O.ai, SAS, Skytree, Adext, and Microsoft.

4. Virtual Agents

trends in machine learning

Virtual agents are generated and animated by means of computerization. They are artificial intelligence virtually character, most of the times with anthropomorphic appearance, and, they work as an online customer service representative.

It is known for an intelligent conversation with the user, answers their questions, and does adequate non-verbal behaviour.

A virtual agent is currently being utilized mostly for the purpose of customer support and service, and smart home managers. And, it is likely to be one of the most promising AI technology trends.

The companies provide virtual agent technologies are Apple, Amazon, Assist AI, Artificial Solutions, Google, Creative Virtual, IPsoft, IBM, Satisfi, and Microsoft.

5. Decision Management

An intelligence machine can introduce rules and logic to AI systems to allow you to use them for initial setup/training, ongoing maintenance, and tuning.

The technology decision management has already been incorporated into many corporate apps to help and execute the automated decision, allowing your business to make profits to a large extent.

6. AI-Optimized Hardware

Artificial Intelligence technology is famous for making hardware friendlier. It does so by means of new graphics and central processing units and processing devices which are specially-designed and structured to do AI-oriented tasks.

And, those who haven’t seen them before must expect the imminent appearance and wide acceptance of AI-optimized silicon chips which can be inserted into their portable devices.

To get this technology, you must reach Cray, Aluviate, IBM, Google, Nvidia, and Intel.

Related Blog: Top 5 Trends of Artificial Intelligence (AI) 2019

7. Biometrics

One of the most famous technologies of AI is biometrics, which can very easily identify, measure, and analyze human behaviour and physical aspects of the body’s form and structure.

The AI technology — Biometrics makes possible more natural interactions between human beings and machines, which includes interactions like touch, speech, image, and body language recognition, and huge within the market research area.

To obtain this technology, you must go to 3VR, Agnitio, FaceFirst, Affectiva, Synqera, Sensory, and Tahzoo. All of them are biometrics companies striving for developing this area.

How can AI benefit your business?

As per global management consulting and professional services firm called Accenture, Artificial Intelligence technology will boost productivity by up to 40% and allow the workforce to use time efficiently.

If a small company incorporates AI technology into own operational processes and workflows, it will be helpful for their workers in paying attention to other necessary tasks, which results in more production.

And, According to McKinsey, 70% of businesses will utilize some form of AI technology by 2030, which will lead to an extra $13 trillion of economic activity on a global scale. Such powerful stats have created a buzz among enthusiasts in AI technology trends.

How AI is revolutionizing industries

AI plays a revolutionary role in how business is done, and the following industries are being and will be revolutionized by Artificial Intelligence development.

  1. Healthcare:

AI-powered diagnostics can offer valuable medical information to suggest possible conditions and treatment, deliver anesthesia, or help medical professionals with medical procedures.

2. Education

Artificial Intelligence technology is capable of tracking students’ learning and having an idea of their understanding of a subject. Moreover, it can also offer appropriate guidance and feedback which will help students make progress.

3. Management

AI is not behind in influencing management roles, performing administration duties, processing data, and leaving more subjective things up to human managers.

Summary

In this blog, we discussed 7 AI in-demand technologies to rule in 2019, or further. Speech recognition, decision management, AI-optimized hardware, biometrics, natural language generation, and the like came up here as artificial intelligence trends.

Apart from that, we also mentioned how AI can benefit your business by providing reliable and appropriate data. And, healthcare, education, and analytics industries were discussed as the ones to be revolutionized by this technology in the coming years.

Reading this blog must have created an urge to get an app with artificial intelligence developed in you, and you will need to hire artificial intelligence developers for that from a renowned company consisting of expert and professional artificial developers working with might and main to convert your ideas into fruition.

Before you make any major step, you must examine the record of that company in terms of its experience, clients’ reviews, the projects it completed, it special domain, and last but not the least the experience and professionalism of its developers. If all these are satisfied, it means you are going for one of the best artificial intelligence development companies.

Amyra Sheldon

Written by

I am a tech enthusiast, project manager and a passionate writer with digital thinking. I write about latest technologies ie Blockchain, IoT, AI for ValueCoders.

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