AI as a Service

What is AI as a Service (AIaas)?

The technology is developing in the fast-paced today and bringing a competitive advantage to the different sizes of the organizations.

AI or Artificial Intelligence for Digital Transformation is the hottest technology trend that has a massive impact on every business scenario recently. This technology empowers computer systems to replicate human intelligence in a reliable manner.

It also opens lots of new frontiers of opportunities for businesses.

Today, even small and medium-sized enterprises wish to incorporate AI and get the benefit out of it, but it requires a high investment in AI  Hardware and Research & Development Activity.

Hence, it is a perfect moment to think about AIaaS (Artificial Intelligence as a Service). It is just like Technology Outsourcing.

AIaaS is the 3rd party offering of AI outsourcing that lets people acquire the benefits of AI without investing much amount of money. Instead, they can invest in the same trend without getting involved in much risk.

As a result, many organizations now take benefit from AI-powered applications for automating their business operations to drive both efficiency and growth.

Understanding of AIaaS

Many AI solution providers offer several forms of AI and machine learning solutions. Many organizations now use these variations to ascertain their requirement of Artificial Intelligence and determine whether it works for their business or not.

Some of Cloud AI solution providers also offer uniquely developed hardware solutions need for different AI tasks. It includes a GPU based processing ideal for exhaustive workloads.

The process of buying any specialized software and hardware is expensive. As a result, AIaaS appears as an aid for many organizations.

Many leading IT companies like IBM (Developer Cloud), Microsoft (Azure), Amazon (Web Services), and Google (Cloud Platform) and few startups, including ForecastThis, Dataiku, BigML, are started to bring AIaaS.

This service is offered to reduce the initial investments which other firms need to make if they desire to implement AI in their organizations.

Why consider AIaaS?

As per the latest research, the revenue of AI-based software is predicted to rise from exactly $9.5 billion in 2018 to roughly about $118.6 billion in the year 2025.

It is because almost every organization looks for many new insights to implement in their respective businesses, which can bring them a competitive edge.

Many leading organizations identify that their business systems hold effective treasure data troves. In this process, they do not know what to do with this process or how to control it.

The good thing is that the organization can understand that machines are capable of completing this analysis process very soon than their dedicated researchers.

However, it is really difficult to develop AI solutions that perfectly meet the business needs. Creating the correct algorithms requires a high consultancy of professionals who are specializing in understanding the requirements of organizations and meet them by delivering effective AI solutions.

Similarly, it is not affordable or feasible for organizations to equip themselves with sufficient data scientists and domain knowledge for AI software development solutions in-house.

AIaaS can overcome this drawback.

Importance of AI as a Service

Manage creative infrastructure:

Artificial intelligence oriented applications help you to maintain the advanced infrastructure that proves great for the business.

Deep learning and machine learning applications running on the server with simple and fast graphic processing units.

AI as a service allows an organization to get access to superfast computers at a competitive cost only. It is very affordable to buy that suits to the business to make the process in an easy manner.

Minimize the cost:

It is the best technology for business owners to reduce the need for money. You can make use of expensive hardware without worrying about the cost.

It lets the organization to pay only for a limited time. It takes a lot of computing power within a short time.

The organization gets excellent benefits of using artificial intelligence as a service. The organization spends money only for what they use and not on others.

You can minimize costs when utilizing this technology. In this manner, you can save costs in the long run.

Scalability:

When compared to other types of cloud service, artificial intelligence is very simple and easy to scale. This is helpful for the business to attain the perfect growth in a professional manner.

The organization can confidently start the project with the use of the best cloud network.

You can understand how the artificial intelligence cloud works and how it is beneficial for further operation in the business.

With the support of AI as a service, you can switch over to the project very quickly into the full protection.

You can scale up the business growth with this fine solution. You can work effortlessly and achieve an excellent outcome.

Enhance usability:

It grabs the attention of a different range of businesses to gain potential growth. You can use of best tools that available in artificial intelligence.

You can opt for the ideal one that manages an open-source license. The cloud artificial intelligence service is helpful for developers to gain complete access to artificial intelligence capabilities.

There is no enough experience to use tools. You can simply use any kind of tool from this technology.

So, you can realize the excellent benefits of implementing this technology that good for running the business efficiently. The business owners minimize the risk of investment and gain improved benefits from data.

It is completely dynamic and flexible that ideal for business. You can approach good things that value for the organization. You can make sure excellent productivity in business with such a thing.

How can AIaaS gain popularity?

It is because innovative AI-based solutions are efficiently used as the service by several organizations for different purposes.

The newly developed AI-based solutions not only target specific needs but also understand the vertical industries.

It let the companies build sophisticated models for finding the actionable data with excellent efficiency.

With the great assistance of the cloud, providers can now get the ability to deliver AI solutions as the service, which is expanded, accessed, and refined favorably for organizations.

Final Words

When organizations think about AI, they can relate this idea to “general” or “human-like intelligence.” 

Even it is possible in the future, the existing models and platforms are not only fragmented but also have the ability to bring solutions for only the domain-specific issues.

Hence, it is essential for enterprises that have various complicated problems to solve to seek an extensive range of services from reliable platforms.

By leveraging multiple AI cloud solutions, organizations can get the answers to handle many multifaceted issues.