AI will contribute to the reduction of cybercrime while improving corporate cyber protection initiatives.
FREMONT, CA: Artificial intelligence either offers progressive transformational improvements for the common good or threatens its entire life to replace humankind in the evilest way. Stepping into the new year, here are the top developments in Artificial Intelligence (AI) to 2021.
Make Room for the IPA (Intelligent Process Automation)
One research firm reports that about 25 percent of Fortune 500 businesses intend to invest and introduce intelligent process automation (IPA) systems. IPA, characterized as a relative of RPA, adds up to automating complex tasks with artificial intelligence. The more machine learning algorithms data are sorted, the more AI considers it for intelligent analysis. Optical Character Recognition (OCR) technology is when AI interacts with conventional RPA to read unstructured data in scanned papers. Expect to witness more of the AI-infused RPA wonders in 2021
The Development of Data Highways
Data will expand by leaps and bounds and, for firms to stay competitive, and corporations would continue to incorporate applied analytics and change dynamic business models. They must set up advanced data science departments and reconsider their overall plans to keep track of the competition.
AI-Based Administration for Business Processes
Hyper automation, coupled with cognitive automation projects, would penetrate more into a business, helping them to integrate AI-enabled tools that redefine how business processes would function in real-time. Additionally, AI-driven process and content intelligence technologies in the years to come will provide digital workers with the imperative skills they need to deal with to automate natural language, reasoning, judgment, establishing context, and providing data-driven insights.
Cyber Protection and Data Breaches
Data will become more available, and so will hacking, phishing attacks. 2021 and beyond, AI and sophisticated prediction algorithms will play a key role in cybersecurity. AI will contribute to the reduction of cybercrime while improving corporate cyber protection initiatives. AI-powered cybersecurity can be used to track digital behavior or purchases that meet nefarious habits to lift protective warnings until defenses can be broken and confidential data can be breached.