Glossary of terms

Artificial Intelligence as a Service (AIaaS)

Artificial Intelligence as a Service (AIaaS) – provides artificial intelligence outsourcing services to allow individuals and companies to explore and implement artificial intelligence techniques at a minimal cost.

Artificial intelligence brings many benefits to businesses, ranging from improving the quality of customer service to automating redundant tasks. AI use cases differ significantly, and it is not always efficient for a company to create and maintain an AI tool for each of them.

Customizable solutions are particularly useful as companies can tailor the service to their needs. AI stability solutions often need to handle extreme data conditions in a production environment, including unstructured and noisy data. Integrated technologies and AI enable organizations to achieve stability and reliability. Maintaining an AI model in production is expensive and involves version control, monitoring, noise detection, and updates. AIaaS eliminates the need to maintain an AI model in-house

Artificial intelligence as a service allows companies to utilize state-of-the-art solutions without significant investments in infrastructure, hiring additional skilled staff, or maintenance costs. Instead, it acts as a driving tool to extend the functionality of existing products and services.

Most service providers promise to provide high-quality services with minimal effort on the part of the client. AIaaS cannot completely replace people, but it will allow companies to focus on other functions.

Types of AIaaS: Digital assistants are a popular type of AIaaS. They allow companies to implement features such as virtual assistants, chatbots, and automated email services. These solutions use natural language processing (NLP) to learn from human conversations. They are widely used in customer service and marketing applications. AIaaS solutions provide APIs that allow software to access artificial intelligence features.

Developers can integrate their applications with AIaaS APIs with just a few lines of code and gain access to powerful functionality such as sentiment analysis, knowledge mapping, translation, face detection and recognition, object detection, or video search. AIaaS solutions offered on a platform-as-a-service (PaaS) model provide fully managed machine learning frameworks that provide an end-to-end MLOps process. Developers can collect a dataset, build an AI model, train and test it, and then seamlessly deploy it to production on the service provider’s cloud servers.

Blog