AI / ML
THE TYPES OF AI PLATFORMS
Dr Kremer outlines three main types of AI platforms currently available in the market . Each type of platform offers unique strengths and caters to different organisational needs and use cases .
• Horizontal AI Platforms : Embedded within broader cloud ecosystems like Google Vertex AI , Microsoft Azure AI , AWS SageMaker and IBM watsonx
• Vertically Integrated AI Platforms : Integrated into broader software ecosystems but not limited to specific industries , such as Salesforce and Palantir
• AI-Only Platforms : Focused solely on AI and machine learning functionalities , like Dataiku , Databricks , Iguazio and Alteryx
agency by giving it access to all kinds of tools and knowledge sources , becoming more autonomous in resolving issues or reaching certain goals .”
Dr Kremer foresees a range of innovative applications : “ Automated negotiation bots can handle pricing and terms , transforming procurement and sales by securing better deals and optimising supply chains . Significant advancements in AI-driven personalised marketing will also arise , where LLMs create targeted campaigns , boosting customer engagement and sales .
AI-powered virtual assistants will manage complex tasks and support strategic decisions , freeing up employee time .”
Challenges and considerations While the potential of AI platforms is immense , implementing them comes with challenges . Organisations must carefully consider data privacy , ethical use of AI and the need for human oversight . Kincaid-Smith emphasises the importance of responsible AI development : “ For proper data
208 August 2024