… if they can interpret and leverage it properly. According to a report by McKinsey, more than half of leading companies are using AI-based solutions, and this percentage has doubled since 2017. According to IDC estimates, organizations spent a total of $118 billion on artificial intelligence last year, including the necessary hardware, software, and AI-centric systems, and this amount will exceed $300 billion by 2026.

Why is data necessary for your business?

One of the most critical areas of use for AI is data analysis. It is impossible to see through the vast mass of information with human work. However, an intelligent system can sift through enormous amounts of data and identify patterns and relationships that most people would miss. With the help of data analysis based on artificial intelligence and machine learning, organizations can gain real-time insight into their operations and the specific activities of their competitors.

Entrepreneurs don’t have to go it alone during times of stress and complexity. Antra ID Kft., a proud Central European Automation Holding (CEAH) member, can identify and implement an AI solution to make life a little easier.