Artificial Intelligence Applications:

Revolutionizing Data Management

By Paramita Ghosh / May 4, 2017 / No Comments

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The Smart Machine Age is upon us and is likely to

disrupt many different human processes, tasks, and activities over the next 10 years and far longer as the key
technologies continue to develop. The gradual availability of higher computing power at low costs, the
explosive volumes of business data, and advances in Machine Learning and Deep Learning technologies data
all signal an era of rapid automation of life around us. In the last decade, Data Management personnel solved
business problems with data; in the next decade, highly capable machines using Artificial Intelligence
Applications will solve problems with available data in a scale unheard before. Some of the by-products of
this Smart Machine Age that we need to prepare for are Smart Workspace, Smart Data Discovery, Virtual
Personal Assistants, Interactive User Interfaces, Cognitive Expert Advisors, and Smart Robots, to name just
a few.
Stephen Hawking has warned that the full growth of the artificial intellect could spell the doomsday for
humanity. On the other end of the spectrum, many optimists believe that with full preparation, human society
can look forward to a highly fruitful era of alliance between the human and the machine. The forthcoming
digital gold rush surrounds the how of data technology, not just the what. Currently, technology
product differentiation comes from the usefulness of algorithms. Thus, the algorithm economy provides a
great opportunity to all technology providers signaling the generation of specialized technology start-ups.
Everyone wants to join the discussion about software that thinks.

Artificial Intelligence Applications are Transforming the Workplace

Four Fundamentals of Workplace Automation predicted that workplace automation can end up saving about
2 trillion in annual wages. Contrary to popular belief, roles and tasks handled by very senior level people
such as Finance Managers, Line of Business Managers, various members of the C-suite, or even CEOs can
be automated to a large degree. Automated business processes have been tested to validate higher yield, better
quality, more reliability, and lower costs. Over the last couple of years, much of these forecasts have proved
to be true, generating fresh concerns relating to job loss and economic instability.
Is Deep Learning Here to Stay?
Although Deep Learning is still in a nascent stage as far as Advanced Analytics is concerned, it has recently
gained a lot of attention from the smart software development community because of its wide application
areas. As the algorithm economy continues to gain momentum among global businesses, the challenges
facing Deep Learning are still real. Big Data going mainstream may successfully help combat the Data
Management issues making Big Data and Deep Learning the formidable combination for unlocking any
complex data handling problem. Read Deep Learning and Machine Learning Differences: Recent Views in
an Ongoing Debate and A Brief History of Deep Learning for more details.

Internet of Things (IoT) has Boosted the Algorithm Economy

Although Data Quality controls the scale of Data Analytics to a large degree, finally it is the algorithm that
will create a differentiation between competing businesses. The article titled The Internet of Things Will Give
Rise to the Algorithm Economy proclaims that like Google, successful enterprises need to bind their data,
smart device, software, and other IT assets together to deliver solutions that connect offers with new offers
creating a unique marketplace for buying and selling algorithms. The Challenges of Artificial
Intelligence professes that along with smart algorithms, businesses need proprietary data or access to vast
amounts of data. Without data rights, algorithms cannot win in complex business scenarios. The implicit
point is that Data Management will be driven by algorithms and Artificial Intelligence Applications far into
the future.

Use of Artificial Intelligence Applications in the Healthcare Industry

The Medical Futurist article titled Artificial Intelligence Will Redesign Healthcare indicates there are at least
ten ways that smart machines will impact the existing healthcare processes. Some of these processes are
already in use such as telehealth service, medical data upload service, assisted nursing, videoconferencing
etc.
As smart phones and sensors surround the human population, patients will be able to avail instant, high
quality healthcare services directly from their smart phones. In many cases, the patient care platform may be
powered by robots providing preliminary medical advice. All healthcare records will be centrally available
to connected medical facilities, thus making it easy for both the patient and the doctor to access and consult
such records whenever necessary from remote locations. Even nursing duties may be taken over by robots.
Responsive medicine will usher in a new trend where health facilities like clinics, nursing, homes, or hospitals
will be equipped with multiple advanced,

AI-powered diagnostic and monitoring equipment with screens. These equipment will continuously monitor
patient condition and provide responsive feedback based on need. Instructions from doctors will directly
enter the EHR systems, which the patient will be given access to. Artificial Intelligence Applications will
assist medical practitioners to compare and contrast patient conditions for arriving at the best possible
treatment solution.

Although some progress has been made in these lines, much of the existing progress is piece meal requiring
more convergent practices. Moreover, many data-technology related regulatory and financial challenges are
currently facing the US healthcare industry as a whole. In The Most Exciting Medical Technologies of
2017 suggests that digital technology will soon deliver data-powered cancer care systems. The medical
insurance market will also go through an upheaval due to the availability of improved healthcare records
through wearable devices and digital trackers.

Use of Artificial Intelligence Applications in the Construction Industry

The article titled How Artificial Intelligence Could Revolutionize Construction explains how AI solutions
have resurrected the construction industry from traditional procedural red tapes delaying important decisions
and fast actions. The $4 trillion industry labor is overburdened with controls. All projects ranging from
business complexes to transport systems require a well-orchestrated plans and processes involving people,
materials, and equipment.
Currently, AI can predict injuries, provides better human-machine interfaces for construction equipment, but
cannot prevent human errors and accidents. If many construction workers could be replaced by intelligent
robots to lay bricks, crush stones, or handle demolition work, then the global construction industry would be
supercharged with efficient but bloodless workers. Many of these experiments have been tried in isolated
projects, but mass use of smart construction workers and smart machines in construction is still a distant
dream.

Use of Artificial Intelligence Applications in Human Resources

Artificial Intelligence Will Revolutionize Human Resources suggests that the most common AI trends in HR
include talent analytics, compliance, and risk avoidance. With 75 percent of the workplace being populated
by millennials by 2020, enterprise HR Departments will leverage Big Data and AI-powered Analytics to
execute all major functions from talent acquisition to policy disbursement. In 5 Emerging Technologies that
Every Office Will Have in 2020, the author claims that high-speed net connections and advanced mobile
networks will make Remote Robot Workers a reality.

Use of Artificial Intelligence Applications in Industrial Operations

How Artificial Intelligence is Revolutionizing IT Operation Analytics companies are already leveraging AI-
powered Operations Analytics to optimize real-time business operations with unprecedented granularity,
preciseness, and impact. According to this article, industrial Data Management is no longer the fashionable
pastime of a few trained scientists, but the active preoccupation of mainstream operations staff. In the current
technology climate, speed of Data Analytics has lower priority than accuracy. In 2017, a lot of operations
outfit may disappear if they do not learn to employ intelligent Data Management systems for optimal
performance.
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