By Yolanda Shields

Big data analytics and AI will continue to have new advancements in the area of entrepreneurship.

Nearly 80 percent of companies incorporating AI solutions have benefited from better insights and analysis, according to Capgemini’s State of AI Survey for 2017.

According to a recent report from McKinsey, Alphabet invested roughly $30 billion in developing AI technologies. Baidu, which is the Chinese equivalent of Alphabet, invested $20 billion in AI last year.

McKinsey Global Institute also reported that technology mainstays such as Google and Baidu invested between $20 and $30 billion in AI during 2016, with 90 percent of those figures channeled directly into R&D. Startups also saw the signs, devoting $6 to $9 billion to AI research. More important, at least 20 percent of AI-aware firms reported themselves as early adopters.

IA Business Resources

Pi by Postintelligence

Pi is a social media manager and assistant developed by Postintelligence to improve your social content strategies. After you have connected your Twitter or Facebook accounts to the service, Pi analyzes profiles, comments, and posts of your followers, and compiles the list of trending topics and discussions.

Tetra

Taking notes on phone calls and recollecting lengthy conversations can be a hurdle for a busy entrepreneur with dozens of calls on a daily basis. Tetra AI handles this problem with the powerful speech recognition and natural language processing algorithms that allow translating calls into searchable notes.

People.ai

People.ai leverages the power of machine learning to understand what strategies and actions lead a sales team to success.

Bitvore

 Bitvore, a California-based AI company, offers a platform that has been “trained” by over 100 million pieces of business information to learn what is relevant to businesses and what is not.