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Optimize Your Business With Advanced AI ML App Development Services
Implement automation and take your business forward with advanced technology driven AI and ML services and solutions by Octalas.
Scope Of Artificial Intelligence & Machine Learning
Both the AI and ML technologies are growing at a rapid speed. Businesses across industries are adopting these two technologies and implementing them in their business processes as per their need. According to Grand View Research, the AI market size in 2022 is $136.6 billion. It is also expected to grow at a CAGR of 38.1% in the 2022-2030 cycle.
As per the reports of Fortune Business Insights, the global ML market is set to rise from $21.17 billion in 2022 to $202.91 billion in 2029 with a CAGR of almost 38.8%.
The Benefits AI & ML Can Deliver To Businesses
- Enhanced Customer Experience: AI and ML offer a huge range of features to apps and websites like chatbots, predictive analytics, and customized interfaces. All these features are proven to be highly effective in offering a better customer experience.
- Brand Building And Growth: With the implementation of AI and ML several barriers can be removed from the customer journey and the identity of the brand can be established. AI is capable of extracting critical information from collected or available data. This critical information can be very effective in business growth.
- Increased Sales: An accurate AI software development and implementation can result in the correct management of sales of a company. And correct management will always result in high sales.
- Automation Of Process: AI and ML are two technologies companies prefer for automating several tasks. AI and ML not only automate the business processes but also digitize and optimize them along with the workflows.
- Better IT Operations: AI and ML together can deliver more than one can think of like identifying issues and offering and applying quality methods to solve them. It will surely be impactful in improving the IT operations.
- Forecasting: AI along with ML can offer accurate forecasting of future market trends and other information related to a business if implemented perfectly. It will be a great help in making decisions in face of critical times.
Our Process For AI & ML App Development
Assessment
Before everything else a clear assessment of your needs, requirements and plan is done here in Octalas. It will help us in planning the process and identifying required resources.
Design
Once we have assessed the information related to your business, our experts start designing the UI, frameworks and prototypes perfectly matching the requirements of you and your business.
Development
After our experts have the design ready our highly skilled developers’ team will take over and develop the AI-ML product you need with the latest technologies. The latest technologies will make the app more advanced and provide better customer experience.
Integration
Once the product is ready it will be integrated with the fixed app or an API with essential features in an user friendly way.
Key Trends In Artificial Intelligence
Cyber Security
Protection from cyber threats will always be a trend in AI. businesses have already used AI against cyber attacks, tracking data, identifying malicious software and other key areas. But now with the rise of smart hacker businesses are using AI in close screening of data and injecting extra levels of security elements in the model.
Augmentation
AI has already boosted the automation of processes in businesses. But now it is also noticed that the mixed impact of cloud, RPA, and IoT can make AI augementated automation successful.
Quantum AI
Quantum AI has surfaced as a more improved version of the traditional AI. It helps in solving complex business problems through quantum computing systems.
Key Trends In Machine Learning
Blockchain
Blockchain is one of the latest technologies in the market and already proved itself as a game changer. Blockchain features go perfectly with ML like immutability, decentralized ledger, and complete transparency.
MLOps
Once the machine learning solution is deployed the maintenance of models and new data becomes challenging. MLOps enter as relief from the challenge, offering completely automated solutions and practices.
No-Code ML
Machine Learning applications without code are becoming more and more popular in 2022. Drag and drop visual interface can be used in creating a ML app.
