As AI is expanding its influence on every other business sector, cloud computing is no exception. It is expected that by 2029, the cloud AI market is going to reach a whopping USD 395.8, says KBV Research.
The fact that businesses are embracing AI in cloud computing with open arms underscores how much it is helping businesses now. AI in cloud computing has already proven to be game-changing for most businesses, and combining them can certainly ensure a variety of impeccable results.
But what are the advantages of AI in cloud computing for businesses? What are the applications of AI in cloud computing?
And we are going to discuss the same here.
Top Benefits of Using AI in Cloud Computing
Integrating AI into cloud computing can unlock a slew of benefits for businesses that use cloud computing in their business. As a cloud consulting agency, we have been at the forefront of this revolution in recent years.
Our cloud consulting services have been instrumental in helping our clients take full advantage of AI in cloud computing.
And you can enjoy the following benefits, too.
Unlimited business scalability.
Cloud-based AI helps businesses scale their operations without limits. The flexibility offered by AI in cloud computing enables businesses to meet challenges as they come.
They also need not commit to long-term contracts and plans with cloud-based AI, which also helps them improve their profitability.
For example, suppose an online retail business expects a seasonal surge in orders. In that case, they can rely on cloud computing with AI and meet the demand by allocating additional resources as needed. The result is customer satisfaction and uninterrupted services.
As such, businesses need not worry about unpredictable demands and adjusting IT resources accordingly with AI-driven cloud computing.
Ensure better productivity.
AI with cloud computing has immense potential to improve the productivity of businesses as they can execute their tasks more precisely and without lapses. Businesses are already using AI-powered chatbots to answer the online queries of customers in real-time.
This is a huge advantage for businesses and customers alike. Brands can deploy numerous chat sessions at the same time without human intervention while customers get all the answers they need.
The result is better response time, low overhead, and better productivity for the businesses while ensuring customer satisfaction.
Related Article: Explainable AI: Accountable and Ethical Development of AI in 2023 and Beyond
Save operational costs.
There is no doubt that cloud-based AI is essential for business growth as it ensures cost savings. Imagine a manufacturing company aiming to streamline operations.
They can adopt AI cloud solutions to:
Optimize resource allocation with real-time insights.
Ensure machines operate efficiently.
Address and minimize downtime.
Optimally use and conserve energy.
They can also use AI in the cloud to predict maintenance needs, preventing costly breakdowns.
Similar tweaks and changes can be made in any business sector. And these strategies can cut down operational costs to a great extent.
Improve decision-making.
AI in cloud computing also helps businesses make better decisions. No matter what type of business you are, you need to make decisions every day. It could be regarding product design, employees, suppliers, and the list goes on.
It is nearly impossible for you to always make the best, most informed, and data-driven decisions. Not without the help of analytics tools. And AI in cloud computing makes that possible.
For example, if you are an online retailer, AI can analyze your current inventory, traffic, buyer behavior, etc., to help you make decisions about what products you need to store more than what you do not.
Ensure better data access.
When you fuse AI with cloud computing, you get access to an unlimited amount of data. You can use them all for various business purposes. Not only can businesses analyze and generate insights from the data, but they can also use the same to predict user behavior, trends, etc.
Imagine what these insights can do for your business to improve customer experience, productivity, and overall operational efficiency.
Applications of AI in Cloud Computing
Now that you have learned about the advantages of using AI in cloud computing, you need to know how you can do it.
This is important before you hire cloud consultants to help you with the same.
Loan processing
AI and cloud computing have been used by financial institutes and banks to a great extent to make better and informed decisions.
For example, when deciding the creditworthiness of individuals to process loans, banks can use AI and cloud computing to ensure that they have thorough credit standing and have been prompt in their payments. This could have taken a lot of time before integrating AI into cloud computing. Now it is only a matter of minutes.
This improves efficiency and saves resources for banks as they do not need to pursue leads if they do not meet their criteria.
Optimizing supply chains
Supply chain operations are the biggest challenges of large retail businesses. By using AI and cloud computing, businesses can improve the efficiency, responsiveness, cost-effectiveness, etc., of their supply chain operations.
While small businesses may not understand the scope of this, large manufacturing businesses would understand the importance of it in optimizing their supply chains.
This ensures that businesses can deliver their products on time to their customers, which is important for customer satisfaction.
Business intelligence and analytics
Predictive analytics and business intelligence are two great contributions of AI in cloud computing. AI and cloud computing enable businesses to use huge amounts of data and drive actionable insights.
If you are a business that’s generating huge amounts of data every day, you can use AI and cloud computing to analyze this data and arrive at value-adding decisions.
Based on these insights, you can make excellent decisions that do not fail you.
Cyber threat detection and protection
Another important application of AI in cloud computing is cyber threat detection and protection. As businesses use technologies and systems to conduct their business, cybercriminals are on the lookout to find vulnerabilities and exploit the same to steal business, customer, and financial data from brands.
With new threats emerging every other day, businesses can use AI in cloud computing to analyze the systems and tools to identify vulnerabilities. Further, AI can also be trained to identify any anomalous activities in the system and alert the responsible team to take quick looks.
By being proactive with the help of AI in cloud computing, businesses can stay ahead of the cyber criminals and ensure the protection of data.
Automation and process innovation
Businesses are looking for ways to reduce redundancies and lapses in their operations to enhance efficiency and performance. However, it is hard to do manually.
However, with the help of AI, it can be done rather quickly and efficiently without affecting the daily operations of businesses.
This would help businesses understand performance gaps in their workflows and undertake inventive approaches to solve these issues.
Why Hire Cloud Consultants from AddWeb Solution
As we have discussed above, the potential of using AI in cloud computing is limitless. However, you need to hire cloud consultants with experience to help you take full advantage of it.
If you are looking for a cloud consulting company to help you with the same, here is why AddWeb Solution is the best choice you have now.
Comprehensive Cloud Consulting
Our cloud consulting services are comprehensive and offer all the support you need regardless of your business size and scope. Our team can create uniqueT strategies that fit your industry, size, and goals.
Multiple Quality Assurance Processes
Along with delivering the most inclusive services for our clients, we also want to ensure the best. As such, we have multiple quality assurance systems in place.
These quality assurance processes ensure that you get maximum support from us without compromising on quality.
Domain Experience
AddWeb Solution has been working in the technology domain for more than a decade.
This experience has helped us understand the intricacies of using AI and cloud computing as well as how to do it efficiently. Hence, all you need to do is to hire our cloud consulting services and sit back to reap its benefits.
Our Team
Our team of cloud consulting professionals are the best. We have worked on multiple projects and are qualified to help you with cloud consulting services.
This ensures that you get to work with professionals who can enable you to take full advantage of AI in cloud computing.
Professional Customer Service
At AddWeb Solution, we support you with professional customer service, as well. Any time you are concerned with the project or have questions to address, you can speak to our client service team.
They will provide you with all the help you need on time.
Advanced Infrastructure
That’s right. AddWeb Solution has an expansive and advanced technology infrastructure to help our clients. No matter if you want the best cloud consulting services or any other service, you can rest assured that you get support from advanced technologies in the market.
This is also why we are among the most respected cloud consulting companies in the market.
Conclusion
As you have seen, using AI in cloud computing can certainly help businesses take full advantage of the technologies to improve their business operations. While you can improve your business operations and ensure better productivity with AI and cloud computing, you need a reliable cloud consulting company to help you out. And that’s why AddWeb Solution can help you.
Our cloud consulting services have already been used by leading domestic and internal clients. They have improved their business efficiency and addressed their productivity concerns by implementing our strategies in their business.
Therefore, check with our client service team to learn how you can take advantage of AI in cloud computing and scale your business operations.
Speak to our support team to strategize your project.