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Artificial Intelligence (AI)

Top 10 Startups in India That Use Ai To Solve Daily Problems

Top 10 startups in india using Artificial Intelligence (AI) to solve daily problems. Artificial Intelligence (AI), the most celebrated technology in the 21st century.

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Top 10 Startups In India That Use Ai To Solve Daily Problems

Artificial Intelligence (AI), the most celebrated technology in the 21st century, is all set to bring a series of revolution in the tech industry. If AI is still alien to you, you should better get acquainted with this AI for the advantages it has to offer.

AI is the conceptual machine designed by humans that is smart enough to perform even the most complex cerebral tasks on its own. Because of its accuracy and agility in performing tasks, AI has been embraced by various industries like Healthcare and medicine, Education, Marketing, Small business, Retail and e-commerce, Public Relations and Recruitment, and human resources for daily assistance. The leading start-ups in India are leveraging AI to solve daily problems and grow their respective businesses.

Top 10 Startups In India That Use Ai To Solve Daily Problems

1. How does the machine learning algorithm benefit both the service provider and its clients?

OYO, a hotel booking start-up founded by a 19-year-old boy is now India’s go-to app for booking hotels at a reasonable price. Recently OYO has acquired Dinamica, a data science company with Machine Learning and business intelligence capabilities. Now it will implement ML-enabled pricing and revenue management through which customers would be able to book vacation homes at the best price.

Rivigo serves major brands like Marks & Spencer and Maruti Suzuki, with its unique driver relay mode. This Logistics startup uses AI and ML-based technologies to optimize fuel costs, maximize truck utilization, and minimize dry runs for trucks to make its tasks hassle-free and fast.

Playment: The automated vehicle can move without any human input depending on the sensors, Mapping and Localization, Trajectory Planning, and Motion Control. Playment provides data training, algorithms to find relationships, pattern detection, complex problem detection, and decision making to make a machine learn things and perform tasks independently.

2. Is AI helpful enough in keeping you fit?

Cure.fit is a fitness, therapy, and healthcare provider that runs over 100 fitness centers across India. Now it has also adopted AI to capture a lot more immediate data of their clients to deliver them the better service based on their own data reports.

Nineleaps is using ML algorithms to improve the effectiveness of healthcare services. With the help of the ML algorithm, the organization identifies the correlation between healthcare entities to develop a health knowledge graph. The different datasets acquired through the entities’ can be clubbed together with customer-specific data that can be used to improve the healthcare services across the globe.

Another example of AI’s existence in healthcare is Mfine. Mfine is a health-tech AI startup from India, whose system has the ability to diagnose over 1200 common diseases and it can also read hundreds of health parameters in the diagnostic reports which help doctors work effectively without wasting their time on trivial things. Mfine is ready to take a huge leap with tripling its investment in AI.

3. Could AI detect frauds?

Could AI detect frauds

Yes, undoubtedly. The growing cases of fraud have always been a point of major concern for payment gateways. Razorpay, a business process payment company, has acquired Thirdwatch that provides SaaS-based fraud detection. The trust score based evaluation technique is used to identify if the transaction is genuine or fraudulent in real-time. The Return-To-Origin losses are under control since the AI technology has been enforced by the company.

4. What does AI have for insurers?

Acko, a general insurance company, is using AI to streamline its operations to engage with the target audience effectively and facilitate sales. AI enables insurers to apply machine learning, predictive analysis, and data modeling to the entire insurance value chain to improve the quality of service and enhance customer satisfaction.

Digital Insurance, a Bengaluru based tech insurance company is employing machine learning for faster reconciliation, fraud management, float management, and claims settlement. The company says that AI would bring down the management cost and it would also reduce the turnaround time in the future.

5. Has the thought of managing everything with a single app ever struck your mind?

An AI-driven hyperlocal concierge app Dunzo has made task management easy irrespective of the complexity of the task. With the help of the Dunzo app, you can create your to-do list and collaborate with vendors. You can also manage your personal tasks through the app, and it could be anything from paying bills to repairing stuff.

6. Why should you deploy AI in your business?

Earlier Artificial intelligence was only affordable and accessible to giant organizations but things are changing now. The spiking need for AI has brought down its cost, and it is now readily available to small businesses and startups.

There is literally no industry in the world that is untouched by Artificial Intelligence because AI can be used to counter any problem that we face in day to day life.

AI would help businesses to increase their sales, improve customer experience, detect fraud, automate work processes and provide predictive analysis.

We have all witnessed the usefulness of AI-based virtual assistance chatbots like Siri, Alexa, OK Google, and Cortana. They have taken off our workload to a considerable extent.

Deployment of machines in critical areas prevents human errors and improves accuracy, which is crucial for organizations that want to provide their clients with top-notch service.

A large amount of data can be processed within the blink of an eye and that too to the zenith of perfection.

Further, AIs are continuously evolving to reach remote areas that are unexplored by humans. We will soon see AI as one of the dominant technologies in every industry and in our lives.

The start-ups are highly relying on Artificial Intelligence for the processes; where speed, accuracy, data processing, and cost are the driving factors. To make the outcome of your work more fruitful, it becomes important to manage your resources wisely in which only AI can help you. The adoption of such technologies gives you a maximum yield with limited efforts.

Helpful Resources:

1. Why is Cybersecurity Important For Enterprises?

2. 5 Website Security Tips Every Employee Should Know

3. Impact of Artificial Intelligence (AI) on Software Development Industry in [2019]

4. Do Human Translators Have a Reason to Be Afraid of Advancing Technologies

5. Artificial Intelligence And Its Demands To The Programmers

6. Artificial intelligence (AI): Friend or Foe to Future Designers?

Great Learning is an online and hybrid learning company that offers high-quality, impactful and industry-relevant learning programs catering to the needs of working professionals in a data-driven world.

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Artificial Intelligence (AI)

How To Get Started With Artificial Intelligence

Artificial Intelligence, among other emerging technologies, is becoming central to the continuous technical revolution, and it is evolving. Therefore it is important to learn about the fundamentals of Artificial Intelligence to understand how it changes and affects different industries.

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Why learning Artificial Intelligence is the best choice

Artificial Intelligence, among other emerging technologies, is becoming central to the continuous technical revolution, and it is evolving. Therefore it is important to learn about the fundamentals of Artificial Intelligence to understand how it changes and affects different industries.

It’s no wonder, then, that the AI industry is full of job openings — so many of them, in reality, that the area now fronts a different challenge: There are too many jobs roles and few fitted applicants. On the upside, that means it provides a virtually assured and well-paying profession for those who have got the right skills.

In this article, we wish to know all about AI, how to get started with Artificial Intelligence, why learning Artificial Intelligence is the best choice, and how to get an ideal job.

1. What is Artificial Intelligence?

Artificial Intelligence strives to imitate and transcend the ability of the human mind using nothing but devices.

The fundamental purposes of Artificial Intelligence are:

  • Expedite up repetitious methods by using humanoids or machines instead of human being
  • Out-think human minds through training and memory
  • Identify patterns and make judgments swiftly and efficiently

Artificial Intelligence strives to develop devices that conceive and reason instead of operating in a comparatively bound space with pre-built systems, methods, and results. Smart Artificial Intelligence devices identify patterns and memorize earlier events and learn from them, making each following judgment more intelligent, rational, and more original.

How To Get Started With Artificial Intelligence

AI is a significant model change in advanced computing and requires a profoundly systematic and logical way to devise machine systems that conceive and learn. In simple words, develop humanoids that are not just robots.

And though it may seem strange, AI abilities are all over the place. A few examples of Artificial Intelligence systems include speech, face and fingerprint identification (available on all smartphones and home devices), email spam blockers, virtual assistant (Siri, Alexa), customer assistance using catboats, Expert systems, game playing, an intelligent humanoid automaton, etc.

3. How to Get Started with Artificial Intelligence

Step-1: Pick a topic you are interested in

Initially, choose a topic that is interesting for you. It will assist you in staying motivated and committed in the training process. Concentrate on a specific problem and seek a solution, rather than just aimlessly reading about everything you can get on the internet.

step-2: Get a prompt solution

The aim is to get any basic solution that includes the query. You require an algorithm that will process information into an acceptable structure for machine learning, prepare a simple model, give a decision, and assess its working.

step-3: Enhance your simple explication

Once you have a simple explanation, it is time for some creative skill. Work on improving all the elements and assess the modifications to conclude whether these changes are worth your effort and time. For example, sometimes, developing preprocessing and data refining gives a tremendous gain on investments than advancing a training model itself.

Step-4: Share your Solution

Publish your solution and share it to get assessed. This will help acquire relevant guidance about your study from other intellects and add up the initial experience in your portfolio.

Follow steps one-four for other queries as well.

Pick other problems and follow the same steps for all tasks. If you have commenced with tabular data form, choose a query that includes operating with pictures or unorganized text. It is also vital to study how to form enigmas for machine learning accurately.

Finish a Kaggle competition

This competition enables you to examine your abilities, working on the same problems several other engineers work on. You will be asked to undertake various ways, picking the most efficient explications. This competition can also prepare you for collaboration as you communicate with people on the panel, exchanging your thoughts and learning from others.

Apply machine learning professionally

You have to decide what your career aims are and build your portfolio. If you are not yet ready to apply for machine learning jobs, seek more projects that will make your portfolio effective.

Artificial Intelligence (AI)

4. Why learning Artificial Intelligence is the best choice

The understanding of Artificial Intelligence initiates lots of new openings. It is sufficient to comprehend the basics of this technology to learn how machine tools work. As you study more about AI, you get an opportunity to grow as a developer who will build high-level AI applications. There are infinite opportunities in this domain.

For those who desire to start learning Artificial Intelligence, It has many options available. The internet enables everyone to enroll in online classes. Some of the courses focus on students who already have a specific level of technological expertise and converge on coding. In contrast, other Artificial Intelligence and machine learning online paths will help even those who do not have knowledge and beginners in the programming and engineering field.

5. How to take a job in Artificial Intelligence?

Humanoids may be arriving for some tasks, but they will create new job roles as well. Here are some ways to enhance your application, whether you are operating in the domain required to fill.

1. Check out the best online courses for ai and machine learning

Similar to many tech-based areas, there are numerous online courses for ai and machine learning topics, letting someone learn more about the area as a whole or gain more specialized knowledge. Some options offer ai certification online that can reinforce a resume.

2. Join outside organizations

Acquiring from others in the field can assist you in enhancing your abilities, so check out social meetups. Getting associated with organizations that allow data scientists to work on the new data, exercising and improving the skills while studying from their companions.

3. Add Quality industry experience.

Many of the in-demand AI jobs positions are technical by nature, but understanding how to interpret those advancements to other businesses or customers is crucial for any business.

4. Put a habit of reading a lot.

Those working in the Artificial Intelligence field should always be studying, and reading is a way to do that. Read a lot. Not just about your domain but all the related sectors.

5. Be prepared to grasp

AI is a swiftly advancing field, so be ready to examine as many experiences and opportunities in AI as feasible.

Keeping up to date on the most advanced research in AI is very important. There is so much progress befalling each day. This may involve seeking opportunities inside the current working place or outside. Make sure that you do not get restricted into one area.

Apart from having the standard skill-set and education, these are additional methods to be a powerful applicant for these profitable jobs.

Conclusion

Since its beginning, Artificial Intelligence has been performing a requisite role in the technology sector, advancing the quality of living across multiple enterprises. And speaking about what tomorrow endures, it is difficult to foretell. However, the way AI is developing, It appears the innovations in the following times will be fabulous.

These inventions will only be prosperous when there are well-qualified people and serve in Artificial Intelligence. Suppose you have a desire to work with this wondrous technology. In that case, it is time you check out the online classes for Artificial Intelligence which can assist you in growing an expert in the Artificial Intelligence field.

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