The most valuable AI use cases for business

Generative AI tools such as ChatGPT, Bard and DeepAI rely on limited memory AI capabilities to predict the next word, phrase or visual element within the content it’s generating. Generative AI can enhance content creation by producing high-quality text, images and other content based on the data used for training.

IBM Research is working to help its customers use generative models to write high-quality software code faster, discover new molecules and train trustworthy conversational chatbots that are grounded on enterprise data. The IBM team is even using generative AI to create synthetic data to build more robust and trustworthy AI models and to stand in for real-world data that is protected by privacy and copyright laws.

Expert systems can be trained on a corpus—metadata that is used to train a machine learning model—to emulate the human decision-making process and apply this expertise to solve complex problems. These systems can evaluate vast amounts of data to uncover trends and patterns and to make decisions. They can also help businesses predict future events and understand why past events occurred.

AI-powered computer vision enables image segmentation, which has a wide variety of use cases, including aiding diagnosis in medical imaging, automating locomotion for robotics and self-driving cars, identifying objects of interest in satellite images and photo tagging in social media. Running on neural networks, computer vision enables systems to extract meaningful information from digital images, videos and other visual inputs.

There are many benefits to using artificial intelligence for IT operations (AIOps). By infusing AI into IT operations, companies can use the considerable power of NLP, big data and ML models to automate and streamline operational workflows and monitor event correlation and causality determination.

AIOps is one of the fastest ways to boost ROI from digital transformation investments. Process automation is often centered on efforts to optimize expenditure, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience. More benefits from AI include building a more sustainable IT system and improving the continuous integration or continuous (CI/CD) delivery pipelines.

Leading companies are now using generative AI for application modernization and enterprise IT operations, including automating coding, deploying and scaling. For coding, developers can input a coding command as a straightforward English sentence through a natural-language interface and get automatically generated code. Using generative AI with code generation capabilities can also enable hybrid cloud developers of all experience levels to migrate and modernize legacy application code at scale, to new target platforms with code consistency, fewer errors and more speed.

Ensuring that apps perform consistently and constantly—without overprovisioning and overspending—is a critical AI operations (AIOps) use case. Automation is key to optimizing cloud costs and IT teams, no matter how skilled they are. They don’t always have the capacity to continuously determine the exact computing, storage and database configurations that are needed to deliver performance at the lowest cost. AI software can identify when and how resources are used and match actual demand in real time.

To help ensure uninterrupted service availability, leading organizations use real-time root cause analysis capabilities that are powered by AI and intelligent automation. AIOps can enable ITOps teams to swiftly identify the underlying causes of incidents and take immediate action to reduce both mean time between failures (MTBF) and mean time to repair (MTTR) incidents.

AIOps platform solutions also consolidate data from multiple sources and correlate events into incidents, granting clear visibility into the entire IT environment through dynamic infrastructure visualizations, integrated AI capabilities and suggested remediation actions.

Using predictive IT management, IT teams can use AI to automate IT and network operations to resolve incidents swiftly and efficiently. They can also proactively prevent issues before they occur, enhance user experiences and cut the cost and number of administrative tasks. To help eliminate tool sprawl, an enterprise-grade AIOps platform can provide a holistic view of IT operations on a central window for monitoring and management.

AI can use ML to deliver improved cybersecurity in many ways:

• facial recognition for authentication
• fraud detection
• antivirus programs to detect and block malware
• reinforcement learning to train models that identify and respond to cyberattacks
• detection of intrusions and classification of algorithms that label events as anomalies or phishing attacks.

These AI-driven solutions enhance risk management by proactively identifying vulnerabilities, mitigating threats and reducing the potential impact of security breaches.

AI is not just about asking for a haiku that is written by a cat. Robots handle and move physical objects. In industrial settings, narrow AI can perform routine, repetitive tasks involving materials handling, assembly and quality inspections. AI can assist surgeons by monitoring vitals and detecting potential issues during procedures.

Agricultural machines can engage in autonomous pruning, moving, thinning, seeding and spraying. Smart home devices such as the iRobot Roomba can navigate a home’s interior by using computer vision and use data that is stored in memory to understand its progress. And if AI can guide a Roomba, it can also direct self-driving cars on the highway and robots moving merchandise in a distribution center or on safety patrol.

AI can be used for predictive maintenance by analyzing data directly from machinery to identify problems and flag required maintenance. AI is also used to improve mechanical efficiency and reduce carbon emissions in engines. Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies.

AI can assist with forecasting. For example, a supply-chain function can use algorithms to predict future needs and the time products need to be shipped for timely arrival. This ability can help create new efficiencies, reduce overstocks and help make up for reordering oversights.

AI can power tasks and tools for almost any industry to boost efficiency and productivity. AI can deliver intelligent automation to streamline business processes that were manual tasks or run on legacy systems—which can be resource-intensive, costly and prone to human error. Following are some of the industries that are benefiting from the added power of AI.

With applications of AI, automotive manufacturers are able to more effectively predict and adjust production to respond to changes in supply and demand. They can streamline workflows to increase efficiency and reduce time-consuming tasks and the risk of error in production, support, procurement and other areas. Robots help reduce the need for manual labor and improve defect discovery, providing higher-quality vehicles to customers at a decreased cost to the business.

In education and training, AI can tailor educational materials to each individual student’s needs. Teachers and trainers can use AI analytics to see where students might need extra help and attention. For students tempted to plagiarize their papers or homework, AI can help spot the copied content. AI-driven language translation tools and real-time transcription services can help non-native speakers understand the lessons.

Companies in the energy sector can increase their cost competitiveness by harnessing AI and data analytics for demand forecasting, energy conservation, optimization of renewables and smart grid management. By introducing AI into energy generation, transmission and distribution processes, AI can also improve customer support, freeing up resources for innovation. And for customers who are using supplier-based AI, they can better understand their energy consumption and take steps to reduce their power draw during peak demand periods.

AI-powered FinOps (Finance + DevOps) helps financial institutions operationalize data-driven cloud expenditure decisions to safely balance cost and performance to minimize alert fatigue and wasted budget. AI platforms can use machine learning and deep learning to spot suspicious or anomalous transactions. Banks and other lenders can use ML classification algorithms and predictive models to suggest loan decisions.

Many stock market transactions use ML with decades of stock market data to forecast trends and ultimately suggest whether and when to buy or sell. ML can also conduct algorithmic trading without human intervention. ML algorithms can predict patterns, improve accuracy, decrease costs and reduce the risk of human error.

The healthcare industry is using intelligent automation with NLP to provide a consistent approach to data analysis, diagnosis and treatment. The use of chatbots in remote healthcare appointments requires less human intervention and often a shorter time to diagnosis.

Onsite, ML can be used in radiology imaging, with AI-enabled computer vision that is often used to analyze mammograms and for early lung cancer screening. ML can also be trained to create treatment plans, classify tumors, find bone fractures and detect neurological disorders.

In genetic research, gene modification and genome sequencing, ML is used to identify how genes impact health. ML can identify genetic markers and genes that might respond to a specific treatment or drug and could cause significant side effects in certain people.

With AI, insurance providers can virtually eliminate the need for manual rate calculations or payments and can simplify processing claims and appraisals. Intelligent automation also helps insurance companies adhere to compliance regulations more easily by ensuring that requirements are met. This way, they are also able to calculate the risk of an individual or entity and calculate the appropriate insurance rate.

Advanced AI with analytics can help manufacturers create predictive insights on market trends. Generative AI can accelerate and optimize product design by helping companies create multiple design options. AI can also assist with suggestions for boosting production efficiency. Using historical data of production, generative AI can predict or locate equipment failures in real time—and then suggest equipment adjustments, repair options or needed spare parts. Also, AI enhances supply chain management by optimizing inventory levels, predicting material shortages and improving logistics to create a seamless production flow.        

For the life sciences industry, drug discovery and production require an immense amount of data collection, collation, processing and analysis. A manual approach to development and testing might lead to calculation errors and require a huge volume of resources. By contrast, the production of Covid-19 vaccines in record time is an example of how intelligent automation enables processes that improve production speed and quality.

AI is becoming the secret weapon for retailers to better understand and cater to increasing consumer demands. With highly personalized online shopping, direct-to-consumer models and delivery services competing with retail, generative AI can help retailers and e-commerce firms improve customer care, plan marketing campaigns and transform the capabilities of their talent and their applications. AI can even help optimize inventory management.

Generative AI excels at handling diverse data sources such as emails, images, videos, audio files and social media content. This unstructured data forms the backbone for creating models and the ongoing training of generative AI, so it can remain useful over time. Using this unstructured data can extend benefits to various aspects of retail operations, including enhancing customer service through chatbots and facilitating more effective email routing. In practice, these benefits may include guiding users to the appropriate resources, whether that’s connecting them with the right agent or directing them to user guides and FAQs.

AI informs many transportation systems these days. For instance, Google Maps uses ML algorithms to check current traffic conditions, determine the fastest route, suggest places to “explore nearby” and estimate arrival times.

Ride-sharing applications such as Uber and Lyft use ML to match riders and drivers, set prices, examine traffic and, like Google Maps, analyze real-time traffic conditions to optimize driving routes and estimate arrival times.

Computer vision guides self-driving cars. An unsupervised ML algorithm enables self-driving cars to gather data from cameras and sensors to understand what’s happening around them and enables real-time decision-making.

Much of what AI can do seems miraculous, but much of what is reported in the general media is frivolous fun or just plain scary. What is now available to business is a remarkably powerful tool that can help many industries and functions make great strides. Companies that do not explore and adopt the most beneficial AI use cases will soon be at a severe competitive disadvantage. Keeping an eye out for the most useful AI tools, such as IBM^® watsonx Orchestrate™, and mastering them now will pay great dividends.