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Brianna White

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Jul 30, 2019
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Up until recently, implementing artificial intelligence was cost-prohibitive for many companies – but now companies can use third-party artificial intelligence as a service (AIaaS) solutions to get the benefits of AI without the high price and large time investment of custom in-house development.
According to ResearchandMarkets.com, the global market for AIaaS solutions is expected to reach around $11.6 billion by 2024.
What Is AIaaS?
Artificial intelligence as a service combines the power of computer systems that can perform human-like tasks (like problem-solving, pattern recognition, and learning) with the flexibility and affordability of third-party service solutions.
With AIaaS, AI technology can be accessible to any company. Even small organizations or departments with limited budgets can implement AI solutions to improve their products, services, and processes using low- or no-code software and APIs.
Continue reading: https://bernardmarr.com/what-is-artificial-intelligence-as-a-service-aiaas/
 

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