Artificial intelligence (AI) refers to simulation of human intelligence in machines programmed to think like humans and mimic their actions. Spending on AI software is rising >30% annually and expected to top $125B by 2025. It is used to power self-driving cars, voice-enabled digital assistants, and facial recognition, amongst many others.
AI is popping up everywhere. Visa uses it to approve or decline credit/debit transactions when bank networks are down. Entrupy uses it to spot counterfeit goods like handbags. Microsoft is developing tools to help first responders better react to natural events, like floods and wildfires, by analyzing massive datasets and predicting/simulating what happens next. Scientists in AZ are using AI to predict which plants will thrive in hot/dry conditions driven by climate change. State unemployment agencies use AI-driven chatbots to answer questions on unemployment benefits.
Companies are adding AI to improve processes and performance. Let MOSIMTEC be your guide for strategy development, data management, simulation modeling, digital twin modeling and more. Our data scientists can support your technology evaluation, highlight risks and opportunities, simulate process changes, and highlight performance gains. You’re not alone. MOSIMTEC can help.
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