Banks and finance
/ HSBC is using AI to combat money laundering by analyzing transactions and identifying suspicious activity. AI helps to improve the accuracy of financial fraud detection, reducing the number of false positives and enhancing the efficiency of internal investigations.
/ Wells Fargo and Bank of America have developed their own virtual assistants that help clients manage their finances by answering questions, providing consultations, offering financial advice, and analyzing client expenses.
/ Goldman Sachs and JPMorgan Chase utilize AI to analyze vast amounts of data in the financial markets and identify trends, which assists traders in making more informed decisions, reducing risks, and increasing the profitability of trading operations.
Industry and Manufacturing
/ Siemens and the oil company Shell use AI to optimize manufacturing processes, including predictive maintenance of equipment. AI helps predict the need for equipment maintenance, minimizing downtime and reducing maintenance costs.
/ Google DeepMind collaborates with Google Data Centers to optimize energy consumption. Using AI algorithms, the system optimizes energy use, reducing costs and decreasing the carbon footprint.
/ BMW employs AI to optimize its manufacturing processes and logistics, including demand forecasting for vehicles, inventory optimization, and supply chain management.
Business Processes
/ Zoom has introduced Zoom AI, a feature that can generate summaries and key points from meetings, helping users efficiently track and manage the outcomes of their discussions.
/ X.ai developed a virtual assistant for scheduling meetings using AI. This assistant automates the meeting appointment process by analyzing correspondence and coordinating convenient times among all participants.
/ Vodafone has implemented chatbots and automated query processing systems, significantly reducing the time spent on customer inquiry handling and improving service quality.
Retail and Marketing
/ Marketo uses AI to automate marketing campaigns and optimize lead generation by analyzing potential customers' behavior and automatically adapting marketing strategies to improve conversion rates.
/ Amazon employs artificial intelligence to personalize recommendations for shoppers, significantly boosting sales. AI analyzes purchase history, search queries, and user behavior on the site to suggest the most relevant products.
/ Netflix also utilizes AI algorithms to analyze user preferences and optimize content offerings, enhancing the user experience and increasing customer retention.
Startups
/ Darktrace: Darktrace employs artificial intelligence to detect and respond to cybersecurity threats in real time. AI analyzes network traffic to identify suspicious activity and prevent cyber attacks.
/ Lemonade: An insurance startup that uses AI to automate the claims process and risk assessment. AI helps the company quickly process insurance claims and tailor insurance offers to individual customer needs.
/ Zoox: A startup in the field of autonomous driving that uses AI to develop fully autonomous vehicles. AI analyzes data from sensors and cameras for safe vehicle operation under various road conditions.
/ Knewton: An educational startup that used AI to create adaptive learning platforms. Their technology allows for real-time adaptation of educational content based on the needs and performance of students, optimizing the learning process.
Medicine
/ Babylon Health: A Next-Generation Virtual Clinic.
Problem: Access to quality medical care can be limited, especially in remote areas.
Solution: Babylon Health has created a virtual clinic that uses AI to conduct initial consultations, prescribe medications, and refer patients to specialists.
Result: Babylon Health has already provided millions of people with access to medical care and continues to expand its operations worldwide.
/ Zebra Medical Vision and Aidoc: Revolutionizing Radiological Diagnostics.
Problem: Radiologists interpret a vast number of images daily, leading to fatigue and errors.
Solution: Zebra Medical Vision and Aidoc have developed an AI system that can automatically analyze X-rays, CT scans, and MRIs, helping doctors detect pathologies more quickly and accurately.
Result: The system has proven its effectiveness in various clinical studies and has become an indispensable tool for radiologists.
/ IBM Watson Health: AI Support For Clinical Decisions.
Problem: Doctors need to process vast amounts of medical data to diagnose diseases, which can be time-consuming and increase the risk of errors.
Solution: IBM Watson Health leverages cognitive computing to analyze medical data, aiding doctors in diagnosing diseases more quickly and accurately, including cancer.
Result: Watson Health has demonstrated improvements in the quality and speed of diagnostic and clinical decision-making in healthcare facilities.
Miscellaneous
/ Zillow employs AI to assess real estate values by analyzing a multitude of factors, including historical sales data, property features, and market trends.
/ PwC is implementing AI to automate accounting reporting and auditing. AI helps analyze large volumes of financial data, identify discrepancies and risks, enhancing audit quality and reducing the time required for its execution.
/ IBM Watson uses AI in healthcare to analyze vast amounts of medical data, aiding in diagnosis and treatment selection. Watson can analyze medical records, clinical studies, and patient data to provide doctors with treatment recommendations, improving efficiency and reducing healthcare costs.
/ Duolingo — The language learning platform Duolingo uses AI to tailor educational courses to the needs and knowledge levels of each user, enhancing learning efficiency.