Using AI with the Cloud to transform your business

Published: 12 May 2023

Nowadays, Artificial Intelligence (AI) seems to be used in almost all technology. Whether it’s your smart devices at home or software at work, there’s no doubt it is growing in popularity. Latest market figures report it to be worth £51.02 Billion, with growth estimations of 30% (to £1232.44 Billion) by 2030. The ability to automate tasks improves the productivity and efficiency of businesses by eliminating the risk of human error. Increasing productivity and efficiency will also save you money. Using AI with the cloud is becoming increasingly popular amongst businesses. This allows their processes to become more efficient, strategic and driven by insight. AI has the ability to manage data, find patterns and insights, create a better customer experience and enhance workflows.

Key examples of using AI with the Cloud to transform your business 

  • AI Machine learning

Machine learning enables systems to automatically learn from experience. Machine learning models can be generated with large sets of data. Consequently, this has seen the rise of Artificial Intelligence as a Service (AIaaS). This is a delivery model that allows suppliers to provide AI that reduces their customers’ risk. AIaaS helps customers to experiment with various AI products to see which services suits their business best. As a result, with the use of Machine Learning, tasks such as updating data are carried out by the machine, allowing human resource to use their skills elsewhere. Furthermore, this leads to a more productive workforce. 

  • Increased effectiveness of products

AI algorithms can make your products more efficient, as there is no risk of human error and tasks can be completed faster. Faster response times mean customers get your service almost on demand. As a result, your business can benefit from improved customer satisfaction levels.

  • Enhanced security 

    Cloud security is already very strong; however, the use of AI with the Cloud can make it even more secure. AI can detect fraudulent or unusual activity based on analytics. This allows it to anticipate and prevent attacks before they occur. Combining AI and Cloud technology puts your organisation in the best place possible security wise. Add to this the fact that due to AI taking on this role from a security team, efficiency is again improved by allowing the resource to be used in other areas. .  

  • Resource Scheduling

AI can help with the scheduling of resources such as job urgency, employee schedules, equipment needed etc. Artificial Intelligence can schedule this based on real time data. This has a huge benefit to the organisation as it takes the task away from staff. This is especially helpful when it comes to large organisations as there is so much resource to plan and manage. 

Summary

To sum up, the adoption of artificial intelligence with the Cloud is only going to increase as time goes on. The efficiency and cost savings AI provides make it a solid investment for businesses. Recent stats showed that 48% of companies use data analysis, machine learning or AI tools to address data quality issues. On that note, it’s important for businesses to pay attention to AI and the benefits it can bring them. Competitors using AI are saving money which may result in your business being left behind.  Most businesses have already taken the plunge to the Cloud, and the market is suggesting AI is the next step on the Cloud journey. 

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