Unleashing Power of Data

28 | Unleashing Power of Data HOW AI IS CHANGING THE BUSINESS LANDSCAPE T he termArtificial intelligence (AI) has been a buzz word is today’s dynamic business environment. AI is the ability of a machine to perform cognitive functions associated with human mi nds , such as per ce i v i ng, reasoning, learning, interacting wi t h t he env i ronmen t , and problem solving. AI aims to mimic human thoughts and behavior in computers. According to a study conducted by PWC, AI is expected to potentially contribute approximately USD 15.7 tn to the global economy by 2030. D n & Bradstreet