Machine Learning - eBook (EN)

7 leading machine learning use cases for startup

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Watch the full story › "At Active.ai our mission is to provide seamless conversational experiences to our customers on digital platforms. AWS has allowed us to focus on providing wonderful experiences, that are secure, seamless, and scalable." Parikshit Paspulati, Co-Founder & CTO, Active AI Solutions used: AWS AI services to construct automated conversations Amazon EC2 Spot Instances Results: Reduced training costs by 50% Automated conversations with banking customers Helps banks make as many as one million interactions per month Enables secure, seamless, and scalable customer experiences Improves customer engagement Enables safe, secure transactions on unstructured data Active.AI automates customer conversations with banks using AI through voice, bots, or messaging platforms. 7. Improve customer self-service experience with conversational AI The demand for self-service conversational interfaces continues to grow as more and more users prefer to interact with businesses on digital channels. For startups, achieving cost-efficiency where possible is key—developing voice and text conversational interfaces can reduce operational costs, as well as increase user satisfaction and streamline business processes. Add human-like conversation capabilities to your startup's business applications using conversational AI (CAI) interfaces. CAI is created by combining different natural language technologies like NLP, natural language understanding (NLU), and natural language generation (NLG). CAI interfaces are used broadly across a wide variety of industry segments and use cases, including customer service, financial services, healthcare, insurance, travel, retail, automotive, and more. The common use cases for CAI include building virtual agents and voice assistants, automating informational responses and data capture, boosting agent productivity in contact centers, automating customer service, and performing transactional operations. AWS conversational AI solutions primarily leverage Amazon Lex, which is complemented by additional AI and ML services including Amazon Kendra, Amazon Comprehend, Amazon Translate, Amazon Polly, and Amazon SageMaker. Amazon Transcribe combined with Amazon Lex provides the advanced deep learning functionalities of automatic speech recognition (ASR), and NLU to enable customers to build applications with highly engaging user experiences and lifelike conversational interactions using voice and text. With Amazon Lex, the same deep learning technologies that power Amazon Alexa are now available to any customer, enabling them to build sophisticated natural language conversational bots quickly and easily. 12 12

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