GLOSSARYArtificial Intelligence (AI)

What is it and why it is important?

What is AI?

Artificial Intelligence (AI) is a branch of computer science that focuses on building systems capable of performing tasks that typically require human intelligence. These tasks include recognizing patterns, learning from data, making decisions, and generating content. 

Why is AI important?

AI helps organizations automate processes, analyze large volumes of data, and uncover insights that would be difficult or impossible to detect manually. It powers applications such as fraud detection, risk assessment, customer service automation, and personalized recommendations. 

What are the benefits of AI?

AI can increase efficiency, improve accuracy in decision-making, reduce costs, drive automation, and enable the development of more personalized products and services. It also supports innovation by creating new ways to serve customers and operate more effectively. 

 

How Precisely can help

Precisely helps organizations build trust in their data and ensure it is AI-ready. Through data integration, data quality and governance, and data enrichment and spatial analytics, Precisely enables organizations to minimize bias and hallucinations, improve model performance and accuracy, and deliver more reliable and contextually relevant AI outcomes. 

Your Data. Your Future.

Discover how to reap the benefits of AI with data that minimizes bias, increases accuracy, and provides the necessary context for nuanced, relevant outcomes. 

Trusted AI 101: Tips for Getting Your Data AI-Ready

This eBook explores how data integrity nis ot just a technical requirement, but a business imperative. To understand why, look more closely at how GenAI and agentic AI are reshaping the rules.