Showing posts with label Mobile business applications. Show all posts
Showing posts with label Mobile business applications. Show all posts

Tuesday, April 27, 2021

Machine Learning (ML) vs. Artificial Intelligence (AI) — Crucial Differences



Artificial intelligence and Machine Learning are the part of computer science that are correlated with each other. These two technologies are the most trending technologies which are used for creating intelligent systems.


Although these are two related technologies and sometimes people use them as a synonym for each other, but still both are two different terms in various cases.

On a broad level, we can differentiate both AI and ML as:


Artificial Intelligence vs. Machine Learning: Required Skills

Because artificial intelligence is a catchall term for smart technologies, the necessary skill set is more theoretical than technical. Machine learning professionals, on the other hand, must have a high level of technical expertise.

Artificial Intelligence Skills

People pursuing a career in artificial intelligence must have a foundation in:

1. Algorithms, and techniques for analyzing them
2. Machine learning and how to apply techniques to draw inferences from data
3. The ethical concerns in developing responsible AI technologies
4. Data science
5. Robotics
6. Java programming
7. Programming design
8. Data mining
9. Problem-solving

Machine Learning Skills

People pursuing a career in machine learning must have a foundation in:

1. Applied mathematics
2. Neural network architectures
3. Physics
4. Data modeling and evaluation
5. Natural language processing
6. Programming languages
7. Probability and statistics
8. Algorithms

The Future is now with AI and ML 

So, by now, you’ve learned the basic differentiating factors between ML and AI. Machine learning uses past experiences to look for learned patterns, while Artificial Intelligence uses the experiences to acquire knowledge and skills, then applies that knowledge to new scenarios.

It’s clear that both AI and machine learning have valuable business applications, empowering companies to respond quickly and accurately to changes in customer behavior and solve critical business problems.

As the adoption of AI and ML become more commonplace, namely predictive analytics and data science will see a massive uptake in virtually all industries across the marketplace.

Reference Link:

https://www.charterglobal.com/machine-learning-vs-artificial-intelligence-whats-the-difference/

https://www.charterglobal.com/ai-machine-learning/

Tuesday, February 11, 2020

Reasons to Create a Mobile App Development for Your Business | Charter Global

In a world where people are spending considerably more time on their mobile phones than on their computers, it is no longer enough as a business to only have online presence. Mobile business applications have become a necessary marketing tool for all businesses, regardless of size or industry. While many business owners may think developing an app is too expensive or an unnecessary investment, a mobile app can help a small business engage with and build their customer base, drive sales, and improve their reputation in the market.
Reasons why you should opt for mobile app development
1. Increased customer engagement.
A staggering 83% of all smartphone users begin their day by looking at their smartphones and using apps. According to CNN, the average American accumulates 10 hours of screen time daily. This is something businesses should take advantage of to ensure they reach as much customers as possible. The level of engagement mobile app types receive is several times higher than that of normal websites. With a well designed and user-friendly mobile app, visibility to a wider range of customers and prospective is guaranteed.
2. Brand Awareness and Recognition

One easy way to put your brand out there in the market is through mobile app development. Owning an app puts the business in the face of consumers as a solid vendor they can rely on as they make their buying decisions from the few or many choices available. Users easily associate a brand with its app and the experience they get as they use the app never leaves them, hence the importance of creating a great app. A Full-Service Mobile App Development will keep reminding users about the brand. Even when they’re offline or using other apps, they will regularly view the app icon in their app list. This would always keep the vendor at the forefront of customers’ minds.
3.To take advantage of location-based tracking
Location tracking is very important in mobile app development, as it opens the door to new ways of targeting customers for different marketing campaigns and driving increased action from them. Some of the most successful shopping apps use location-based notifications to alert users about the latest discounts and deals available at their nearby stores.
4. Increase product value
Mobile apps can help in the delivery of products and services in a much more effective and timely manner. Highlight and promote the most valuable aspects of products or services through the app and increase their effectiveness with tailored options and features.
5. Faster and Seamless experience
Apple and Google have minimum speed requirements to list mobile apps. This ensures a quicker and smoother experience for users resulting in more action and higher engagement levels. Frequent and thoughtful testing is the key to maintain a best-in-class experience that attracts and converts users.
6. New revenue streams
There are several other ways of making money using an app outside of the core reasons. Using in-app advertisement and sponsorship methods, apps can generate money through third party. Apps can also be monetized by introducing in-app purchases. It is however important to not sacrifice the customer’s convenience or the core purpose of the app on the altar of side earnings.
7. Increase brand image
A mobile app makes any business, big or small stand out, and gives the business an impression of being tech-savvy. Mobile Application Development Services also make the details (location, contact, etc.) about your business more easily available, which is obviously very good for the company.
8. Makes it easier to promote products
Companies with mobile apps make better impressions than those without one. A mobile application will make a business stand out. Frequent updates help develop customer interest in the company’s products. It will also help save money and effort in other types of promotional techniques, such as advertisements in newspapers and billboards.
9. Increased and faster sales
Mobile application is a tool for increased sales as it attracts and retains customers. All a business needs to do to meet up sales deadlines using applications is to create push notifications about promotions, bonuses and discounts to motivate customers to make a purchase. This can be sent to as many customers across certain geographical locations, times and periods. A “limited time” promotional coupons can be sent via mobile business app to customers. Such promotions encourage sales and will also provide publicity to the business.
10. Analytics made easy
Every efficient marketing campaign requires good analytics. The mobile app technology has immensely helped in the sourcing of information regarding customer preferences, how they use money and time and other important facts that would help place the business in a position to increase production and sales. A mobile app will help business owners track downloads, user engagement, and the products that users show interest in. It’ll also help determine how to make products more customers oriented.
Get in touch with our team to discuss IT staffing and software development solutions that can supersede your existing solutions on mobile and web applications.