Cyber Security & Its Importance

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  • Posted on 1 year ago

WHY CYBER SECURITY IS MORE IMPORTANT IN THE POST COVID-19 ERA

Couple of years back we have organized a workshop on Industry 4.0 and Artificial Intelligence. Where Microsoft and other IT giants have given the presentation on the AI and discussed its usage in world of 21st century. It was the beginning of another revolution. We have already witnessed three major industrial revolutions so far – In 1784 it was about Steam, water, mechanical production equipment; In 1870 it was observed for Division of labour, electricity, mass production; And in 1969 it was for Electronics, IT, automated production.

The next revolution will be in the context of blurring the physical and the digital divide (observed started in 2016). Digital transformation is the next industrial revolution which will be known as Industrial Revolution 4.0. It will be majorly lead by Artificial Intelligence (AI) and followed by machine learning, Data analysis and robotics. AI possesses established together of the leading technologies of the 21st century. It’s now become a crucial a part of modern organizations that intelligently integrate data, analyze critical information, and utilize the derived insights for creating better decisions. We never knew that we would require AI in so urgency. Let us discuss the necessity of AI in post covid-19 era. AI has been transforming every facet of recent businesses while simultaneously bringing great convenience for people through its applications. Both AI and automation are playing significant roles within the modern wave of digitalization. The novel corona virus has further highlighted the importance of digital readiness for businesses. Hence, the already healthy pace of AI and automation adoption is predicted to receive an exponential push as companies have begun to look for technologies that make them future proof and digital-ready. In studies it’s been proved that AI grew 270 percent from 2015 to 2019. Another study by Fortune Business Insights claimed that AI and automation are getting to be extremely crucial for the healthcare industry amidst the pandemic. Further, it revealed that the worldwide AI market is predicted to grow at a Compound Annual rate of growth (CAGR) of about 33.2 percent from 2019 to 2027, reaching a worth of $267 billion in 2027 from $27.23 billion in 2019.From tracking the COVID-19 Symptoms via smart wearable devices to mining and deriving the virus strain to help build better test kits, AI has been a real technology enabler for the Healthcare Industry during the pandemic. Even otherwise, AI and automation are a superb support to businesses across industries in these testing times. We have been getting some excellent news from various parts of the world that the vaccination has got started for the novel corona virus. This provides a great hope to the whole world which has been devastated by this deadly infectious virus. While we hope to determine the post-COVID era soon, let’s plan to understand some AI and automation trends which can continue empowering businesses within the Post COVID-19 world. Applications of AI across Industries AI technology has been introduced already across various sectors like manufacturing, mobility, education, e-commerce, communication, health, insurance, finance, and lots of others. These are just a couple of samples of AI applications in some industries: • Manufacturing: Largest Industry where robots & AI technology are demanded the foremost . High-performing robots as compared of the normal labour mechanism, can work faster for extended periods then no end , as long as they need access to an influence source). it’s proved that in some cases, they will be more efficient than humans. • Automobile: using AI to drive the automated and Autonomous cars, so we will take a nap while commuting to figure. It’s not impossible neither each day dream now. Anyways, AI applications are integrated into every car manufactured now-a- days. From voice assistants to drive semi-autonomously. AI already has become an important a part of the Mobility industry today. • Healthcare: AI plays an important role within the health sector’s technological advancements, from autonomous surgical robots, virtual nursing assistants to automated image diagnosis. And there’s still some space for more applications because the technology improves. There are more possible applications of AI that would be utilized in automated transportation of products, global climate change, deep-sea and space exploration. A Door to the New world With current Artificial Intelligence and machine Learning capabilities businesses can sift through useful data more efficiently than ever before. Not only text or numbers but diverse inputs including spoken, written, or image inputs are often analyzed easily today. This empowers organizations to seek out business-critical information from more varied data sets. It not only reduces business expenses but also creates new trade opportunities. We have seen AI algorithms quickly shift through enormous amounts of knowledge during the COVID-19 pandemic, helping to spot similar diseases and their potential cures for speeding up the corona virus research work. Machine Learning advancements are expected to assist businesses create new revenue streams by enabling them to raised monetize their data. Having access to valuable data points helps in numerous ways. For example, information associated with the efficacy of a particular drug on people during a particular age bracket is very insightful to pharmaceutical companies and drug researchers. Emerging AI and ML processing algorithms and protocols are going to be more insightful for businesses and can move for fresh, profitable market opportunities within the post-covid-19 era.The Bottom LineThe ability to constantly learn and adapt to changing circumstances is what separates AI from other technologies. It has lead to innovative applications like intelligent data processing, face and voice recognition, etc. One can say AI will have a far better impact on businesses within the supply chain and retail industries, but its applications in other industries are promising also . With the pace at which various organizations have adopted innovative, emerging technologies like AI and ML during the pandemic, it’s obvious that the post-Covid-19 era are going to be even more advanced and hospitable sophisticated technologies and their application software, apps, app is not only capable of delivering a better, faster, safer, and more accountable future but also promises to fill the space between data-backed decisions and human intuition. This will enable businesses and their consumers to transact with the best trust. According to PWC CEO Survey, report says that 86% CEOs of the world believe that AI technology will transform their business more than any other global trend. AI is expected to be an inseparable part of the post-pandemic world, empowering businesses to attain unimaginable growth and efficiency. Hence, it might be critical for businesses and professionals to revisit their business strategies to accommodate AI and its applications for being relevant within the post-COVID-19 world .For Learning more about this you may please visit Miracle Information Services (OPC) Private Limited, Best AI/ML Training Institute in Bhopal Miracle Infoserv. Plot No. 80, Zone 2 M P Nagar, Bhopal (M.P.)

Author : Amit Dubey

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