AI-Powered Data and Analytics: Revolutionizing Modern Businesses
Introduction: AI as a Growth Catalyst AI is reshaping industries and becoming an essential driver of innovation. According to a PwC report, by 2030, AI will contribute up to $15.7 trillion to the global economy, with much of this growth spurred by improved product offerings. With the rise of generative AI (Gen AI), businesses are rethinking how they process and leverage data to gain insights, improve operations, and deliver personalized experiences to customers. Manufacturing: AI Enhancing Productivity and Reducing Downtime AI is transforming manufacturing by enabling predictive maintenance. Through real-time data analysis from IoT sensors, AI anticipates potential machine failures, allowing businesses to move from reactive to proactive maintenance strategies. This reduces operational costs, minimizes disruptions, and maximizes productivity. Telecom: Personalizing Networks and Services Telecom companies are benefiting from AI’s ability to analyze traffic data and optimize network band...