Why AI/ML Services Are Essential for Business Growth in Today's Market
The business world is data-driven. Companies can use data from every interaction, purchase, and click to understand customers better and improve operations. But with so much data, it can be overwhelming to analyze it all and extract meaningful insights. This is where AI (Artificial Intelligence) and ML (Machine Learning) services come in. According to a recent study by McKinsey & Company, 80% of executives believe AI will significantly impact their businesses in the next few years . AI/ML services are revolutionizing how businesses operate, and those who embrace these technologies are poised for significant growth. But what exactly are AI and ML, and how can they benefit your business? In simple terms, AI involves developing intelligent systems that can imitate human cognitive functions like learning and problem-solving. On the other hand, ML is a subset of AI that uses data to improve the effectiveness of algorithms over time. Here are some ways AI/ML can help your business thri