× Ai Future
Terms of use Privacy Policy

Oracle AI and Machine Learning for Enterprises: The Benefits



artificial intelligence for robotics

Oracle's AI-powered business applications are a powerful and flexible way to manage complex IT operations. Oracle has cross-industry and industry-specific domain knowledge. Oracle can identify ten global, sector-specific and operational business process. This helps it to make decisions that are best for business needs. Oracle AI can automate existing processes and learn new ones. Get the Oracle AI whitepaper for more information about Oracle AI and how it can help you business.

Machine learning

Oracle provides AI and ML services and software for the enterprise. These services are used to enable enterprises to develop and deploy machine learning models. These services are powered by Oracle Cloud. Customers have the opportunity to leverage the Oracle AI Platform for AI/ML and receive a full range of infrastructure, cloud and platform services. The AI solution has the potential to transform enterprises. It can assist enterprises in a variety of situations and help them to survive in difficult times. Here are some of the benefits of Oracle AI and machine learning services.


definition of artificial intelligence

Adaptive intelligent apps

Oracle's new adaptive, intelligent apps are designed help businesses make informed decisions to improve customer experience and provide information that helps them make informed business decisions. The company has already unveiled a beta version of these apps at an event on modern customer experience, and is expected to announce more about the technology soon. They can be used to automate the selection of products that a customer is interested, as well as other aspects of a company's business. Here is an overview of Oracle’s latest technology.


Best Candidates feature

Oracle OpenWorld saw experts from the human resource space discuss how AI can help HR recruiters locate the best candidates for specific job openings. Employers can use artificial intelligence to manage sensitive HR information. This is in addition to helping recruiters identify the top job candidates. Christopher Leone, Oracle senior vice president for application development, discussed the new AI powered data intelligence capabilities in Oracle Human Capital Management Cloud. This new cloud-based feature includes the Best Candidate feature.

Predictive analytics

Oracle offers a range of AI solutions that businesses can use to protect their networks and businesses. These solutions include predictive analytics and anomaly detection. These solutions use Oracle EBS data to forecast incoming threats such as cyber attacks. These models' results are accessible in real time. Analysts can use machine learning algorithms to monitor cyber-attacks in real time and take preventative steps. This article will give a quick overview of some these applications.


product ai

Self-correction procedures

Automating reconciliations of accounting ledgers can be made easier by machine learning. Machine learning can detect and correct mistakes automatically. Machine learning has the advantage that it can analyze large amounts of legal documents. It is also faster than humans and can complete repetitive tasks with very few errors. It can scan and interpret large volumes of documents quickly, for example. Machine learning is also effective for accounting work as it is capable of making numerous calculations.




FAQ

What does AI look like today?

Artificial intelligence (AI), a general term, refers to machine learning, natural languages processing, robots, neural networks and expert systems. It's also known by the term smart machines.

Alan Turing wrote the first computer programs in 1950. He was interested in whether computers could think. He suggested an artificial intelligence test in "Computing Machinery and Intelligence," his paper. The test asks if a computer program can carry on a conversation with a human.

John McCarthy, who introduced artificial intelligence in 1956, coined the term "artificial Intelligence" in his article "Artificial Intelligence".

Many types of AI-based technologies are available today. Some are easy to use and others more complicated. They include voice recognition software, self-driving vehicles, and even speech recognition software.

There are two major categories of AI: rule based and statistical. Rule-based uses logic in order to make decisions. For example, a bank balance would be calculated as follows: If it has $10 or more, withdraw $5. If it has less than $10, deposit $1. Statistic uses statistics to make decision. To predict what might happen next, a weather forecast might examine historical data.


What is the current status of the AI industry

The AI industry is expanding at an incredible rate. The internet will connect to over 50 billion devices by 2020 according to some estimates. This means that all of us will have access to AI technology via our smartphones, tablets, laptops, and laptops.

This means that businesses must adapt to the changing market in order stay competitive. They risk losing customers to businesses that adapt.

It is up to you to decide what type of business model you would use in order take advantage of these potential opportunities. What if people uploaded their data to a platform and were able to connect with other users? Perhaps you could offer services like voice recognition and image recognition.

Whatever you decide to do in life, you should think carefully about how it could affect your competitive position. You won't always win, but if you play your cards right and keep innovating, you may win big time!


Who is the current leader of the AI market?

Artificial Intelligence, also known as computer science, is the study of creating intelligent machines capable to perform tasks that normally require human intelligence.

There are many kinds of artificial intelligence technology available today. These include machine learning, neural networks and expert systems, genetic algorithms and fuzzy logic. Rule-based systems, case based reasoning, knowledge representation, ontology and ontology engine technologies.

It has been argued that AI cannot ever fully understand the thoughts of humans. But, deep learning and other recent developments have made it possible to create programs capable of performing certain tasks.

Today, Google's DeepMind unit is one of the world's largest developers of AI software. It was founded in 2010 by Demis Hassabis, previously the head of neuroscience at University College London. DeepMind was the first to create AlphaGo, which is a Go program that allows you to play against top professional players.


Who was the first to create AI?

Alan Turing

Turing was created in 1912. His father was a clergyman, and his mother was a nurse. He was an exceptional student of mathematics, but he felt depressed after being denied by Cambridge University. He took up chess and won several tournaments. After World War II, he worked in Britain's top-secret code-breaking center Bletchley Park where he cracked German codes.

He died on April 5, 1954.

John McCarthy

McCarthy was conceived in 1928. He studied maths at Princeton University before joining MIT. He created the LISP programming system. He was credited with creating the foundations for modern AI in 1957.

He died in 2011.


What are some examples AI-related applications?

AI is used in many fields, including finance and healthcare, manufacturing, transport, energy, education, law enforcement, defense, and government. These are just a handful of examples.

  • Finance - AI is already helping banks to detect fraud. AI can scan millions upon millions of transactions per day to flag suspicious activity.
  • Healthcare – AI helps diagnose and spot cancerous cell, and recommends treatments.
  • Manufacturing - AI is used in factories to improve efficiency and reduce costs.
  • Transportation - Self driving cars have been successfully tested in California. They are being tested in various parts of the world.
  • Utilities use AI to monitor patterns of power consumption.
  • Education - AI is being used in education. For example, students can interact with robots via their smartphones.
  • Government – AI is being used in government to help track terrorists, criminals and missing persons.
  • Law Enforcement-Ai is being used to assist police investigations. Detectives can search databases containing thousands of hours of CCTV footage.
  • Defense – AI can be used both offensively as well as defensively. Artificial intelligence systems can be used to hack enemy computers. Protect military bases from cyber attacks with AI.


How does AI function?

Basic computing principles are necessary to understand how AI works.

Computers store information on memory. Computers work with code programs to process the information. The code tells a computer what to do next.

An algorithm refers to a set of instructions that tells a computer how it should perform a certain task. These algorithms are usually written in code.

An algorithm could be described as a recipe. A recipe can include ingredients and steps. Each step is a different instruction. For example, one instruction might say "add water to the pot" while another says "heat the pot until boiling."


What can AI do for you?

AI can be used for two main purposes:

* Prediction – AI systems can make predictions about future events. AI can be used to help self-driving cars identify red traffic lights and slow down when they reach them.

* Decision making-AI systems can make our decisions. So, for example, your phone can identify faces and suggest friends calls.



Statistics

  • That's as many of us that have been in that AI space would say, it's about 70 or 80 percent of the work. (finra.org)
  • Additionally, keeping in mind the current crisis, the AI is designed in a manner where it reduces the carbon footprint by 20-40%. (analyticsinsight.net)
  • The company's AI team trained an image recognition model to 85 percent accuracy using billions of public Instagram photos tagged with hashtags. (builtin.com)
  • While all of it is still what seems like a far way off, the future of this technology presents a Catch-22, able to solve the world's problems and likely to power all the A.I. systems on earth, but also incredibly dangerous in the wrong hands. (forbes.com)
  • A 2021 Pew Research survey revealed that 37 percent of respondents who are more concerned than excited about AI had concerns including job loss, privacy, and AI's potential to “surpass human skills.” (builtin.com)



External Links

gartner.com


en.wikipedia.org


mckinsey.com


hadoop.apache.org




How To

How to set Amazon Echo Dot up

Amazon Echo Dot (small device) connects with your Wi-Fi network. You can use voice commands to control smart devices such as fans, thermostats, lights, and thermostats. You can say "Alexa" to start listening to music, news, weather, sports scores, and more. You can ask questions, make phone calls, send texts, add calendar events, play video games, read the news and get driving directions. You can also order food from nearby restaurants. Bluetooth speakers or headphones can be used with it (sold separately), so music can be played throughout the house.

An HDMI cable or wireless adapter can be used to connect your Alexa-enabled TV to your Alexa device. For multiple TVs, you can purchase one wireless adapter for your Echo Dot. You can also pair multiple Echos at once, so they work together even if they aren't physically near each other.

These are the steps you need to follow in order to set-up your Echo Dot.

  1. Turn off the Echo Dot
  2. Connect your Echo Dot via its Ethernet port to your Wi Fi router. Make sure to turn off the power switch.
  3. Open the Alexa App on your smartphone or tablet.
  4. Select Echo Dot from the list of devices.
  5. Select Add a new device.
  6. Choose Echo Dot from the drop-down menu.
  7. Follow the on-screen instructions.
  8. When prompted, type the name you wish to give your Echo Dot.
  9. Tap Allow access.
  10. Wait until Echo Dot has connected successfully to your Wi Fi.
  11. This process should be repeated for all Echo Dots that you intend to use.
  12. Enjoy hands-free convenience




 



Oracle AI and Machine Learning for Enterprises: The Benefits