Artificial Intelligence is making businesses improve their products and customer experience based on predictive analytics tools. However, it’s a long and complex process. Not all organizations can venture into building the AI process in-house, requiring a huge investment. Here comes Artificial Intelligence as a Service (AIaaS)! AIaaS let you use AI functionalities without developing in-house expertise. InApp’s concise and two-minute read infographic introduces AIaaS.
AIaaS or AI-as-a-Service is a third-party offering of AI outsourcing. From $2.3 billion in 2017, the market of AIaaS is expected to reach $77 billion in 2025, with a forecasted CAGR of 56.7% in 2018-25.
Low-level AIaaS: It focuses on a narrow task and requires expert knowledge for the implementation with the advantage of the creation of innovative solutions for problems that are unsolved and non-standardized.
High-level AIaaS: In high-level AI, a machine, instead of focusing on a single problem, applies intelligence to any problem. Akin to a conscious mind, strong AI can perform any cognitive functions that a human mind can.
Allows a user organization to focus on its core business, instead of investing in and building Artificial Intelligence applications
