Artificial Intelligence (AI) is usually defined as the application of "intelligent agents", able to perceive the environment (e.g., object identification in the space where a robot is moving or the competitive context and consumer preferences in a market analysis framework) and take actions to maximize chance of success at some goal (e.g., autonomously avoiding collision in an Autonomous Vehicle or correctly estimate the impact of a price range). These abilities are mostly linked to Machine Learning (ML) through which such agents learn from their “experience” and external inputs.
AI ability to react in an optimal way to external factors and learn from errors make it applicable to a wide range of areas, including but not limited to computer vision, sentiment analysis, voice recognition, financial market analysis, robotics & automation, predictive maintenance, market analysis …
AI allows from one side to achieve human-like performance on difficult tasks while from the other to predict the evolution of the overall system in a way that the machine itself can control its performance over time, aiming at maximizing results on business and/ or technical KPIs.
APPLICATION EXAMPLES & BENEFITS
From Autonomous Vehicles to Virtual Assistance, from Industrial Automation to Financial Products, AI applications are everywhere and pervasively growing.
AI & ML enable for example Autonomous Vehicles to detect objects/ humans, Virtual Assistants to understand the “underlying” meaning of a sentence and Robots to optimally “build” a pallet based on the type of items to stock. AI is then capable of taking actions based on the extracted knowledge.
Nonetheless, “not all that glitters is gold”. Making AI work is nothing but simple: from the definition of the input variables, to the choice of the most suited model, a mix of technical skills, business sense and past experience in the field is fundamental. Furthermore, the underlying technology to manage and structure vast amounts of data and the necessary software/hardware to actually run the Learning Machines require a specialized firm.
As ACTOR, we provide our customers AI-based software solutions, a culture of innovation, a mix of the right skills and a strong backbone to correctly apply such technologies to the specific processes at hand: from consumer behavior prediction to robotics & automation, to live sciences.