Signifying the growing popularity of Artificial Intelligence (AI), global research firm Gartner has predicted that AI will be virtually pervasive in almost every new software product and service by 2020. Owing to its market hype, almost all established software vendors are working to introduce AI into their product strategies which are creating considerable confusion in the process. Also Read - 5 best AR or VR toys to help your child learn while having fun: Orboot Mars, Educational flashcards and moreAlso Read - Realme announces 'D' under its TechLife division; will focus on smart home devices
The term ‘artificial intelligence’ was not even in the top 100 search terms on gartner.com in January 2016 but by May 2017, it ranked at number 7, indicating the popularity of the topic. “As AI accelerates up the ‘Hype Cycle’, many software providers are looking to stake their claim in the biggest gold rush in recent years,” said Jim Hare, Research Vice-President, Gartner, in a statement. Also Read - Sony leading image sensor market, Samsung still trails behind
“AI offers exciting possibilities, but unfortunately, most vendors are focused on the goal of simply building and marketing an AI-based product rather than first identifying needs, potential uses and the business value to customers,” he added. Instead of using cutting-edge AI techniques for every solution, Gartner recommends vendors to use the simplest approach that can do the job. ALSO READ: Path Guide: Microsoft s new app focuses on making indoor navigation better
“Software vendors need to focus on offering solutions to business problems rather than just cutting-edge technology. Highlight how your AI solution helps address the skills shortage and how it can deliver value faster than trying to build a custom AI solution in-house,” suggested Hare. The survey also indicated that lack of necessary staff skills was the top challenge in adapting AI in the organizations. Gartner said that AI can greatly augment human capabilities and the combination of machines and humans can accomplish more together.