AI is the new electricity

AI is the electricity of the 21st century. It is the innovation that will shape the future the same way that electricity produced the industrial age over a hundred years ago and transformed societies beyond recognition,

The right time

Right now, we are poised for a greater quantum jump in industry

The industry has never been more ready to leverage the power of AI. Hardware giants such as Nvidia, Intel, and Google have already achieved developing computing systems that are strong enough to power AI technologies. Algorithms and models are now cheaper than ever to use, thanks to the innovations of Google, Microsoft, and Amazon.

Data is the new Oil

Algorithms are only as good as the data you put in. However, despite the massive amounts of data generated by organizations, most of them have yet to understand how crucial the quality of data is for machine learning to be useful to them. Some have data, but their systems work in silos. Most companies have departments that do not share their data with other departments. For example, a bank’s account department does not normally share customer data with the marketing department, causing a lot of floating data that could be used to better serve the customer. Some companies don’t even have data at all.

Do you have the RIGHT people?

Machine learning requires massive data and variety. To make use of such data, machine learning engineers need specialized tools, time, and dedicated teams to label, clean, and organize the data. Then, you need machine learning and data experts to help build AI models using such data.

Few companies have in-house talent who can develop their AI applications and most of them outsource this to experts – an extremely costly exercise. This is where Turing Machines can come in and help you save time and cost.