Artificial intelligence (AI) and big data are technologies that are coming together to give businesses a better understanding of who their customers are. AI can predict customer needs in the future, it can help with finding new customers by looking at what competitors are doing and it can also provide valuable insight into what your business is doing right now. There are many benefits of AI and big data, but there is an even greater benefit: creating more informed and loyal customers.
Big Data and Artificial Intelligence - Are they the same _.pptx
1. Big Data and Artificial
Intelligence - Are they the same?
2. What is Artificial
Intelligence?
• Artificial intelligence is the intelligence exhibited by
machines and computer systems. The term is often applied
to a machine's ability to behave intelligently. AI is a broad
term that encompasses both the idea of a machine thinking
like humans and the idea of a machine solving problems in
ways that would be difficult for humans to do so. AI can be
seen as an application of computer science that focuses on
making machines perform tasks that require intelligence
when done by people, such as visual perception, speech
recognition, decision-making, and translation between
languages. While AI is not new, it has recently become
more popular because it has evolved to be more accessible
to people who don't have a background in computer
science.
3. What is Big Data?
Big Data is a term used to describe large data sets that are
so large or complex that traditional data processing
application software cannot process them on time.
A big data set can be anything from the text of all the books
in the Library of Congress to an image from a security
camera in a busy intersection.
The term "big data" is often used interchangeably with other
terms such as "high volume, high velocity, and large
variety."
4. Some of the benefits of AI and Big Data:
There are many benefits of AI and big data. Some of them are discussed below:
- Increased accuracy in decision making:
AI helps reduce the number of errors in decision making. It also helps generate better
outcomes.
- Better customer experience:
AI helps to serve customers better by providing them with a personalized experience.
- Reduced costs:
With the help of AI, companies can save money on things such as marketing
campaigns, customer service, and more.
- Increased productivity:
With the help of AI, employees can get more done in less time without any human
error or fatigue.
5. What Is the
Difference
Between
Big Data
And AI?
There are two main differences between big data and
AI.
• The first is that AI is a subset of big data. Big data
can be thought of as the raw data that an organization
collects and stores in its databases to analyze patterns
and trends. AI, on the other hand, is a set of algorithms
that can be used to analyze this data and make
predictions based on what it finds.
• The second difference between these two concepts
is that while big data focuses on analyzing large
amounts of raw information, AI uses a variety of
algorithms to analyze this information and make
predictions based on what it finds.
6. The difference between
Big Data and AI can be
summarized in three points:
1) The amount of data available: The amount of
data available for analysis is much larger with Big
Data than with AI.
2) The type of data: AI can process unstructured
data like text, images, videos, or audio files which
is not possible with Big Data.
3) The time needed for analysis: With Big Data
you need more time for analyzing your data than
with AI.
7. How Do
Artificial
Intelligence
and
Big Data
Interact
Together?
AI and Big Data come together to provide a
better understanding of customer needs. AI
can use data from the past and present to predict
customer needs in the future. It can also
help with finding new customers by looking at
what competitors are doing.
AI and Big Data are not just for large companies,
they can be used by smaller businesses too. AI
can help with finding new customers, it can find
out what product people are looking for and then
provide them with that product at a cheaper price
than their competitors.
8. AI and Big Data are two of the most important technological advancements that have
been made in recent years.
The relationship between AI and Big Data is a
symbiotic one.
AI needs the data to learn from, and Big Data needs the intelligence provided by AI to
make sense of it all. AI is a type of technology that learns from data, so it is no surprise
that there is an intimate relationship between AI and Big Data.
Big Data refers to datasets that are so large or complex that traditional data processing
applications are inadequate to deal with them. Data may be stored in any format such as
text, images, sound, or video. Big Data can come from many sources such as sensors,
social media posts, computer logs, and more.