Applications of AI Across Different Verticals

The term ‘artificial intelligence’ was formed in 1956 at a conference in New Hampshire, and since then, the world has seen a number of milestones with different adoptions of AI. From virtual assistants such as Alexa to self-driving cars, AI technology is helping consumers improve their lives and make everyday operations easier. But what about businesses? How will they be using AI to attract customers, manage their business, and save time? It turns out, different verticals have their own applications of AI to scale their business and overall growth. 

Artificial Intelligence Software Market Growth

As the world continues to adopt AI practices, the software market is growing, as expected. According to Statista, the market is expected to reach $126 billion by 2025. Applications will include natural language processing, robotic process automation, and machine learning. 

COVID-19 Propelling the AI Movement

A major question to address is: Has COVID-19 propelled the AI movement? The answer is yes. 

In a survey by RELX, more than a thousand senior executives were surveyed on the topic of AI adoption during the pandemic. The majority of respondents (68%) increased their investment in AI technologies during the COVID-19 pandemic, 48% invested in new AI technologies while 46% invested further in AI technologies already in use at their companies. Similarly, 63% of business leaders polled reported having a positive experience with applications of AI technologies, as it helped their business stay resilient during rough times.  

However, it is crucial to note that the companies are using AI to increase worker productivity, not necessarily replace labor. That is not to say that AI is not being used to replace labor at all, it just means that those were not the results that were yielded from this survey. 

How AI is Being Used in Different Industries

Healthcare: As healthcare is rapidly transforming, especially during the pandemic, AI is increasing its presence in the vertical through various ways. Check out 5 Ways AI is Transforming the Healthcare Industry. Some other advanced healthcare methods that involve AI and ML are applying it to reduce diagnose errors, improving patient convenience, and assisting in delivering telehealth services.

Agriculture: The terms ‘smart farm’ and ‘farming 4.0’ are spreading fast within the agriculture sector. Both terms are synonyms for automation in farms which involve the application of AI. Robots are ready to take over farms and carry out various processes involved in the food chain including detecting weeds and packing. This will likely take over human jobs as mundane tasks will be handled by advanced technology. 

Manufacturing: Another sector which requires mundane processes to be handled, manufacturers are constantly looking for several tasks to be automated. Luckily, AI is here to save the day again. Common applications of AI include product development, price forecasting for raw materials, and customizing the look and feel of the products as well. 

Retail: Artificial intelligence is changing the way stores operate, both in-store and online. The main goal here is to improve customer service. Whether that is through helping customers find a product in a store, reduce long lines during checkout, or even robots that recognize customers by face and determine their likes and dislikes. The possibilities are endless.

Real Estate: You may have heard of various technology disrupting the real estate scene before, such as augmented reality (AR) and virtual reality (VR) online tours. Well, AI is also transforming the way realtors do business in various ways. Realtors can take advantage of this technological shift by incorporating a chatbot to their site, examining Big Data to have more targeting marketing campaigns, and better manage their properties. 

I want to Incorporate AI Technology to My Business, Where Do I Start?

Artificial intelligence can get complex, so you need to partner with a reputable software development company that has decades of experience to examine your business properly and craft the perfect AI solution to scale your business. From AI strategy consulting to development, we got you covered every step of the way. 

Sunvera is one of the top AI companies in Orange County, and can help you implement the right software solution for your business while helping you reduce costs and improve operational efficiency. Contact us for a FREE 2-hour consultation.  

Top 3 Mental Health Software Trends of 2020

The proliferation of patients suffering from mental illness this year has concluded that the year has not been easy for many. This could be due to many reasons but the elephant in the room is COVID-19, which has caused a lot of harm to the public in many ways, including thousands of people getting laid off from their jobs, everything going remote causing feelings of loneliness and seclusion, anxiety about health concerns due to the rapid spread of the virus, and more. The public is learning to adjust to the ongoing situation, but a large chunk of those people are struggling. 

 

On a brighter note, these uncertain times are stirring a rapid growth in mental health software trends that were believed to be seen in 5-10 years. Additionally, doctors and physicians are taking close note of what patients really need during the era of social distancing. Let’s have a look at the top three mental health trends this year which will aim to reduce the rate of mental illness patients in the near future. 

 

 

(1) Rapid Use of Well-Being apps such as Calm and Headspace: The meditation app industry is rising to new heights every day, with the Headspace app reporting a 20% increase in downloads since March. More Americans are finding such apps beneficial as access to healthcare is still difficult. 

 

 

A number of doctors and physicians have decided to create their own custom mental health app for their patients to track their well-being and easily communicate with their healthcare organization or clinic. These apps are not necessary only for mediation, but also the following:

 

  • Connecting patients to board-certified mental health professionals
  • An online portal where patients can simultaneously get in touch with various coaches, therapists, and psychiatrists to receive the highest level of care
  • Providing therapy services to patients in rural areas
  • Custom lifestyle tracking apps to help doctors easily gain info on patient habits

 

 

(2) Machine Learning Tracking The Language of Social Media Users To Determine Mental Health Levels: Perhaps one of the neatest and most innovative mental health software trends to combat the rise of mental health patients, machine learning is coming to the rescue. One of the best ways to reduce mental illness levels is to track negative mental behavior before it emerges at a deeper level. But how can this be made possible?

 

 

Machine learning can track the verbiage that the public is using online. You might be thinking, ‘Yeah, that’s good but many do not express their sadness and dissatisfaction on social media. They only show their good side.’ You are right. However, with millions of Americans being able to express themselves anonymously online through forums such as Reddit, there is enough data for machine learning to work with, which is also more accurate data. For more information, have a look at this informative article on a machine learning study done on 800,000 Reddit users to track mental health near the beginning of the pandemic

 

 

(3) Stricter privacy requirements of mental health patients: You cannot address the topic of remote services without bringing up patient privacy. With mental health services being conducted online, there has to be a greater level of cybersecurity measures in place. HIPAA compliance practices are being heavily implemented this year, and are at an all time high. You have to make sure that your healthcare organization is meeting the New HIPAA Regulations of 2020.

 

 

Sunvera understands the progression of the mental health industry along with the pandemic, and can help doctors, physicians, and therapists implement the right solution which can significantly improve the level of communication between your healthcare organization and the patients, as well as increase patient satisfaction. We have helped numerous clients in the field of mental care, including telehealth, and we offer a free consultation to discuss your organization’s needs. 

 

Mobile app business is on a growth trend for 2020

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Mobile apps growing again in 2020.

Mobile app business is on a growth trend for 2020, according to the International Data Corporation (IDC). The market is projected to be valued at US$15.5 billion by 2020. There’s a huge amount of mobile apps that can be used for entertainment, communication, banking, and business purposes.

There are millions of apps and websites available, so you can count on not having enough time to hunt through them all.

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Why Mobile Apps Are the Next Big Thing:

You won’t be able to tell us that you’re not using a mobile app. No worries, because most of the apps that you find are all over the Internet, such as Facebook, Instagram, and WhatsApp. People are always spending more time on the Internet, and that’s because mobile is the preferred option for doing any task or gathering information that can be sent over the Internet.

Not only that, but many of the apps you find are optimized for mobile, such as instant news, music apps, and banking apps. In order to create a website, even with desktop technology, you need to make a webpage.

While there has been a recent wave of apps targeting mobile devices, most of them are targeted at enterprise customers. But many have a more consumer-like appeal, such as Woot, which offers a social feature for the “smart home.” It’s not enough for app makers to simply develop for the enterprise market, says Ram Iyer, CEO of app development company Sunvera Software. He says an app should give users multiple ways to interact with it, and not simply be a “single button in your hand.”

For example, Woot, a social app, has various ways to communicate with customers; people can post updates on Facebook with Woot’s “Like” button, or chat with company members using the app. Other companies, such as Amazon, Snapchat and Twitter, offer additional messaging features.

The question for developers and consumers alike: How do you make an app to meet the growing expectations for consumers and the growing need for enterprise software?

 

Video Games and AWS Software

Video Games, AWS, and the Modern Age

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As AI and AR slide into our modern day reality, video games are also high scorers among software developers.  The Entertainment Software Association announced that in 2017, 65% of American households contain at least one member who plays video games for 3+ hours per day.  2/3rds of Americans are immersed in the Video Game Software and the figures are steadily growing each year. Continue reading “Video Games and AWS Software”

AI and Why Your Company Should Be Prepared

Explore the latest trends in Artificial Intelligence and mobile app technology.

Student mobile app technology artificial intelligence

Long gone are the days when cell phones were deemed a distraction in the classroom.  Today’s learning is enhanced by SMART boards, tablets, and most importantly Artificial Intelligence.  A new generation of young people raised on technology will enter the marketplace in the coming years.  Is your business prepared to meet the challenges of AI in a world of tech giants?

 

But what exactly is Artificial Intelligence? Continue reading “AI and Why Your Company Should Be Prepared”