Big Data and Artificial Intelligence are two of the most popular and useful technologies in today’s world. AI is in existence from more than a decade, but the Big Data came into existence just a few years ago. The Computers can be used to store millions of records and data, while the power to analyze this data is provided by the Big Data.
AI and Big Data are set of two amazing modern technologies that empower machine learning, continuously reiterate and update the data banks, and helping the human intervention and recursive experiments for the same. Today, we have brought this article to provide informational usage of Artificial Intelligence and Big Data together to resolve all possible issues related to the data.
Big data is the most assuredly here to stay at this point, and AI will be in high demand for the foreseeable future. Data and AI are merging into a synergistic relationship, where Artificial Intelligence is useless without data, and mastering of data is insurmountable without AI.
By combining the two technologies, we can begin to see and predict upcoming trends in business, technology, commerce, entertainment, and everything in between.
Big data and artificial intelligence are considered the two giants of mechanics by data scientists. Many organizations believe that artificial intelligence will revolutionize their organizational data. Machine learning is considered to be an advanced version of artificial intelligence through which various machines can send or receive data and learn new concepts by analyzing the data. Big data helps organizations analyze existing data and derive meaningful insights from it.
It’s not that archiving and other big data and analytics issues are gone. Gruber, for example, notes that the combination of big data and artificial intelligence creates new needs (or highlights existing ones) in infrastructure, data readiness and governance, for example. But in some cases, AI and ML technologies could be a key part of how organizations approach these operational complexities. (Again, there is a cyclical relationship here.
We have approached the meaning of these terminologies, we will dedicate this part of our essay on Artificial Intelligence by examining how applications benefit from the synergy between the AI algorithm and Big Data analysis, such as:
1 Natural language processing, in which millions of human language samples are recorded and linked to the corresponding translations of the computer programming language. Therefore, computers are programmed and used to help organizations analyze and process huge amounts of human-language data.
2 Help organizations and agricultural businesses expand their monitoring capacity. Artificial intelligence helps farmers count and track their produce at every stage of growth until maturity. AI can identify weaknesses or flaws long before they spread to other areas of these huge acres of land. In this case, satellite systems or drones are used by the AI to visualize and extract the data.
3 Banking and Securities, to monitor the activities of the financial markets. For example, the Securities Exchange Commission (SEC) uses network analysis and natural language processing to thwart illegal trading activity in financial markets. Analysis of trading data is performed for high-frequency trading, making decisions based on trading, risk analysis and predictive analysis. They are also used for fraud alerts, card fraud detection, audit trail storage and analysis, corporate credit reports, customer data transformation, and more.
4 Communication, media and entertainment. Artificial intelligence capabilities can be used to collect, analyze and use consumer information. Leverage mobile and social media content. Understand real-time media usage patterns. This industry can simultaneously analyze its customer data as well as customer behavioural data to create detailed customer profiles that will be used to create content for a diverse target audience, recommend content, and measure content performance.
5 Healthcare professionals have benefited from the large pool of healthcare data Prescribing and healthcare analysis has been simplified by AI. Hospitals use data collected from millions of cell phones and sensors, enabling doctors to use evidence-based medicine. In addition, the spread of chronic diseases is identified and tracked faster.
6 In education, artificial intelligence synchronizes with big data analysis for a variety of purposes, such as to monitor and analyze when a student enters the school system. spent on the different pages of the system, and the overall progress of students over time. It is also useful for measuring the effectiveness of teachers. Therefore, teacher performance is analyzed and measured based on student numbers, various courses, student aspirations, student demographics, behavioral patterns, and many other data.
7 In manufacturing, inventory management, production management, supply chain analysis and customer satisfaction techniques are transparent. Thus, product quality is improved, energy efficiency is ensured, reliability levels increase and profit margins increase.
8 In the natural resources industry, the synergy of AI and Big Data makes modelling possible predictive. Enabling fast and easy analysis of large graphical data, geospatial data, temporal data, seismic interpretation, and reservoir characterization
9 Governments around the world are using Artificial Intelligence for various applications such as public facial recognition, vehicle recognition for traffic management, population demographics, financial rankings, energy exploration, environmental protection, infrastructure management, criminal investigation and much more.
Other areas where AI is used in big data include insurance, retail and wholesale, transportation, and energy and utilities.
The future of artificial intelligence and big data is to make our human life more comfortable. It should provide context and answers, rather than just fancy reports. Businesses will need to realize that the data they store is best used in artificial intelligence and machine learning, and that a hard-working human being is not the future. Those who do it faster will save the most money and likely get a high ROI.
Copyright © 2021 Nexart. All rights reserved.