As businesses increasingly look to adopt artificial intelligence (AI) into their operations, a number of service providers have emerged to offer AI as a service (AIaaS). AIaaS is a set of off-the-shelf solutions that can help businesses experiment with AI, implement it, and grow it at a fraction of the expense of building a custom in-house AI. For example, consumer companies can use AIaaS to better understand and target their customers, while engineering firms can use it to automate repetitive tasks. Because AIaaS is provided by third-party providers, it’s often more agile and scalable than in-house solutions, making it an attractive option for businesses of all sizes. In addition, AIaaS can be used in a variety of industries, from retail to healthcare. As the demand for AI grows, so too will the market for AIaaS.
