9 Artificial Intelligence Trends For Businesses in 2020

by Ashish Sharma

9 Artificial Intelligence trends for businesses

The fourth quarter of the year is the time, to sum up, and make plans for the future. A year ago, in 2017, we published forecasts on what technologies will be on the top during the year. Many assumptions were justified.

Today, we again gathered a list of technologies that, according to industry experts, will be crucial for the industry next year.

Here are the top AI trends for 2020

  1. Artificial Neural Networks

 In 2020, researchers will pay attention to the processing of natural language and neural networks. Deep Neural Networks (DNS) will go beyond the framework of classical computing and will begin to serve to create systems that can independently explore the surrounding world.

The DNS will help to automate tasks and solve problems associated with ‘information about everything’ trend.

Advanced algorithms will allow making ‘smart’ machines even smarter. Everything from unmanned vehicles to virtual assistants will get more ‘brains’, opportunities and tasks they are capable to keep up with.

  1. Intelligent applications

There will be the applications that help a person in everyday affairs. For example, a ‘smart’ email sorter, based on your previous actions it will choose the priority, reply to your emails and much more.

Another option is more complex virtual assistants, including business ones. By 2020 most of the world’s largest companies will start using smart applications to improve the quality of their customer service.

  1. Smart things (Internet of things)

 This list includes already known devices, such as drones, unmanned vehicles or 3D printers. Also, we are talking about gadgets of the future, intellectually interacting with a man. So-called ‘Internet of things’ (IoT: Internet of Things) will be spread everywhere. There will be sensors in the production, ‘smart’ prostheses and chips in medicine, devices that ensure the safety of children, and much more.

  1. Virtual (VR) and Augmented (AR) Reality

 Technologies of virtual and augmented reality are already widely spread. VR works well in transferring the unique experience of other people and is used in distance learning. AR will allow different companies to impose graphics on objects in real time. Of course, this will improve the production process and facilitate the growth of the company.

Such technologies are becoming more accessible. You do not need to buy a virtual reality helmet for $ 1000, cardboard glasses for a smartphone for $ 15 will be more than enough. With their help, you can easily see the 3D-video and explore the diverse places of our planet.

  1. Digital ‘doubles’

 Digital ‘doubles’ is a so-called dynamic model of physical things or an environment, based on sensors. This technology will be used in various fields for modeling, analysis, and control. A digital ‘double’, for example, in the industry, will reveal the weaknesses of a real system for repair. The supervisor will have to send some robots to the place with the breakage. All he will have to do is to track the changes.

  1. Blockchain

 Meet another technology called ‘blockchain’. It exists in the form of a database and contains information about all transactions conducted by the system participants. The information is stored as a ‘chain of blocks’, each of which contains a certain number of transactions.

But the possibilities of the blockchain are not limited to cryptocurrency.

Technology can optimize huge registries, structure a large amount of data, and ensure transparency of any actions.

Moreover, the technology can help small and large businesses: increase efficiency, reduce staff and paperwork to a minimum.

  1. Dialog systems

 The experts believe that a dynamic network will be created between people, processes, services and things. It will be able to support intelligent digital ecosystems. In fact, this is a new digital experience of people interacting with each other and devices as well. Soon search engines, online-services, and various programs will be able to receive and correctly process any voice commands.

      8. Digital technological platforms

 In the near future, each company will work with a combination of five digital technology platforms: information systems, customer experience, analytics & forecasting, IoT and business ecosystems. In particular, the creation of new platforms, services for IoT and dialog systems will become one of the key directions until 2020. So companies must decide how they will develop platforms for solving digital business problems.

  1. Adaptive Security Architecture

 With the increasing number of hacker attacks, companies will have to think about digital security. Soon, providing multi-level security will be an important requirement for any enterprise. According to experts, IT leaders should focus on identifying and eliminating threats.

Even in this situation, the blockchain technology can be useful. The human identification, control and validation of the data take a minimal amount of time. In addition, blockchain guarantees an absolute accuracy.

Despite the great achievements of this year, 2020 promises to be very interesting. The development of analytical systems and the emergence of new opportunities for revolutionary solutions in data processing and analysis will make it unforgettable.

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