Blog: The Future Artificial Intelligence in the Service Industry
Artificial Intelligence as a Service (AIaaS) is basically third-party offering of artificial intelligence outsourcing. … There are some Cloud AI service providers which provide specialized hardware required for few AI tasks, such as GPU based processing for intensive workloads etc.
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Artificial intelligence as a service is provided by the third-party as an outsourced service. It facilitates the organizations and people for exploring various kinds of avenues for different purposes with less investment for initial installation and consists of low risk. Most smart vendors, whether professional service firms, software firms, or consultants collaborate or offer with firms which can provide a complete suite of services to support a large-scale artificial intelligence solution.
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The “Global Artificial Intelligence as a Service Market Analysis to 2027” is a specialized and in-depth study of the artificial intelligence as a service market with a focus on the global market trend. The report aims to provide an overview of the global artificial intelligence as a service market with detailed market segmentation by service, technology, industry vertical, and geography. The global artificial intelligence as a service market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the artificial intelligence as a service market.
AI and technological advancement for workflow optimization, the increasing number of innovative startups, and growing demand for enhancing consumer experience are propelling the growth of the artificial intelligence as a service market. Moreover, the increased application ranges and growth in demand for IoT are further expected to offer significant opportunities for artificial intelligence as a service market to grow. However, risks allied with data breaches and hacks are the major challenges that are expected to hamper the growth of artificial intelligence as a service market.