Artificial Intelligence (AI) is a branch of computer science that enables machines to do cognitive functions such as learning, reasoning, and problem-solving.

Machines with AI are able to apply algorithms to the data received from their environment without being explicitly programmed.

These machine learning (ML) capabilities are transforming businesses across the globe.

The traditional business analysis is slow paced and is not able to keep up with the real-time data. Businesses are embracing ML or other forms of AI such as computer vision (CV) to gain insights from accurate, detailed analysis of large datasets in real time.

Business leaders are curious about the ways in which AI can bring a change. Here are top five ways in which AI can impact your business:

1. Competitive advantage

84% respondent of a recent survey conducted by the Boston Consulting Group and MIT Sloan Management Review report that AI will enable them to sustain a competitive advantage.

Most business leaders believe that their com…