siliconindia | | FEBRUARY 202319Activities like network-related intrusions, cyber crimes love graph related analysis and this was previously undertaken by DARPA for the US Government and they were funding this, but now this has become mainstream, its commercialized, lot of enterprises have begun securing themselves, and right now new vendors have popped up and are offering solutions to this demand. The interplay between hardware and software is what can be seen in the future and the medical industry is also catching on.AI Helps in Providing Cost-Effective Solutions. How will it do so?This can be seen from various angles, one is the cost associated with storage, lot of use cases have been seen with duplicate data and more with redundant data which is scattered across many systems, which no one goes into it and it will become dead right then and there, so what is being done is providers help build a storage solution which helps with a lot of the data architecture, data retrieval and data tagging and in turn helps to identify what type of data is being reset and how effectively it can replace that. So that way, once the amount of data which will show duplication can be consolidated into a single vertical place or application system and be given to multiple people. A lot of data is copied but there is no proper operation, a lot of money is wasted in accessing these data at times, it is imperative to find out which data has to be shared and sharing data strategy over and over is tiring.Humans can help in doing data management in such a way that costs can be reduced and predictive analysis can be done on top of it, so a lot of support classes can be produced, and also in effectively figuring out when you are going to run out of capacity, figuring out what is going right. You can proactively monitor and that vastly reduces support costs and failures.Impact of AI on the Indian MarketWith the advent of mobile, the data India has generated has increased exponentially, everyone has a smartphone which has quadrupled the data, and all this data has protective value. A lot of companies have risen to provide solutions to consumers and enterprises and it's not just the major players, this is one area that is creating a lot of players from the Indian market. Indian providers can give to regional customers at a lower cost which is a key factor.Final NotesToday, AI is rapidly approaching its future, and it will undoubtedly play a role in it. As this technology advances, the world will see new startups, numerous business applications and consumer uses, job displacement, and the creation of entirely new jobs. Along with the Internet of Things, artificial intelligence has the potential to dramatically remake the economy, but its exact impact remains to be seen. The interplay between hardware and software is what can be seen in the future and the medical industry is also catching on
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