It is a process of e-commerce pricing strategy of a product or item based on the interest level of the target customer through the use of big data. Dynamic PricingДЄnother most splendid application of artificial intelligence (AI) in business is dynamic pricing or demand pricing. In forthcoming, AI will replace all human work into machine work. So, it will create a new dimension in branding a product and campaigning. Moreover, AI Photoshop replacement is coming. So, the business may evaluate more precisely than the traditional market research process. AI tries to connect customerвЂ™s behavior with business marketing. Its notable applications of artificial intelligence (AI) in business. Market ResearchДЄt present, analytics are trying to apply artificial intelligence (AI) into all kinds of business fields. This personal based campaign is more effective than traditional campaigns. So, data scientists are using clustering and classification algorithms to segment customers based on specified criteria like browsing history. Its a tedious process of dividing customers into groups manually when the institution or business is too big. No human will be work in the helpline the only machine will work.Д¬ustomer segmentation for campaigns is another powerful machine learning application in business. If AI can able to do this, then the traditional help desk will be a memory for us. Now, artificial intelligence (AI) is working on the voice-activated front on helplines. It would be more interesting if we can speak with the chatbot rather than sending a message. We can ask queries about the website content to the chatbot. When we visit a website, then we find a chatbox has opened automatically. The online help desk is one of the exciting applications of artificial intelligence in business.

Supervised and unsupervised machine learning methods can also be used. Deep learning methods can effectively extract features and identify potential complicated features like illumination, the volume of clutter, point of view, and so forth from an image. Image classification has myriad applications in business such as social media, i.e., facebook photo tagging, medical image diagnosis, a 3D plan based on 2D image designs, etc.ДЇor image classification, deep learning methods like artificial neural networks can be used. Image classification is a way of categorizing a set of images into some predefined categories. One of the applications of machine learning in business is image classification. Below we are narrating 15 examples of artificial intelligence and machine learning in business.

These companies use the power of artificial intelligence in business to bring a new dimension. The buzzwords artificial intelligence (AI) and machine learning (ML) has been applied in a wide range by innovative AI and machine learning companies. Examples of Artificial Intelligence in Business

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