Top AI Consulting Firms Leading the Way in 2024
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More chaptersThe concept of artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) is now ubiquitous in the business world of the 4.0 era. Considered a great invention of humanity, it is understandable that many data scientists predict that this advanced technology has the potential to contribute $15 trillion to the global industry by 2030.
It is impressive to see how AI transforms various industries by delivering successful outcomes and increasing profitability. As a result, businesses, regardless of scale, are now embarking on the path of integrating AI into their existing systems or even building new AI systems to enjoy the benefits it offers.
This is where the problem arises. The lack of in-house AI experts and specialized resources has created a significant barrier that has caused many businesses to falter. Instead of risking involvement in the AI development process, which is expensive while lacking commitment to profit margin, cooperating with reputable AI consulting firms is an ideal and much safer choice. Compiled from many different reputable sources such as Forbes, Clutch, LinkedIn, etc., the article below provides you with the top most popular AI consultants today to turn your AI plan into a real software product.
Why are AI Solutions Taking the Lead?
The emergence of AI solutions in the digital transformation era has caused users to change their behavior according to natural trends. Tasks that were originally done manually and consumed large amounts of budget for specialized personnel have now been automated with the powerful help of machine learning models. AI applications are taking the lead in various industries due to their numerous advantages and capabilities.
AI in entertainment personalizes displays on users’ social media platforms. AI in cybersecurity detects reused and weak passwords across different accounts and supports offering unique ones. AI in education, ChatGPT, for instance, provides 24/7 assistance for students with difficult homework and unknown questions.
According to the sources cited, by 2030, AI is projected to add $15.7 trillion to the global economy, surpassing the combined output of China and India. Statistics never lie. The growth momentum of AI does not seem to stop and will continue to skyrocket in the coming years. With rising popularity, resonating with the concept of customer-centricity, today’s businesses cannot ignore this advanced technology for another moment. AI-enabled applications created in the early stages have garnered attention by quickly adapting to trends.
In order to minimize competition amid an increasing number of AI products available and take advantage of the widespread interest in AI, many businesses are taking a more active role in the development and integration of unique AI solutions, making the field of AI continue to be a dynamic market for innovators.
How Can AI Consulting Services Shape Your Business?
Intelligent automation consulting services were born mainly to serve the purpose of developing AI technology for businesses with limited necessary expertise and tools. Depending on the needs of the client, a specific AI consulting firm typically provides four different types of services, as below.
AI Readiness Assessment
Not every business is capable of handling the potential power of AI due to its highly complex and difficult nature. Starting projects hastily often leads to failure or abandonment. To most accurately assess the feasibility of a certain AI strategy and the possible outcomes, more than anyone else, businesses need advice from experts from AI services.
The process of determining readiness for AI adoption may include evaluating customers based on factors such as the organization’s requirements, current infrastructure, data quality, and organizational capabilities. Suggestions for ideal AI solutions will receive immediate feedback from consultants, including recommendations for improvements and identification of potential challenges.
AI Strategy Development
Have a great AI idea but don’t know where to start? Fortunately, an AI consulting company is here to help, starting with your AI strategy development. By arranging appointments to understand more about their clients’ needs and goals, AI consulting firms tailor a unique roadmap for AI implementation. A complete business strategy for AI development helps organizations using the service have a good product orientation, accelerate the production of AI-based products, and integrate AI technology.
AI Implementation and Integration
Computer vision, deep learning, data science, etc., are concepts that are quite new to today’s market. Whether you need to develop an AI solution from scratch or integrate AI with existing software, being equipped with specialized knowledge is indispensable. AI consulting firms, comprised of skilled AI professionals who have years of experience working in the field of AI, will help you turn the approved plan into reality.
While dedicated software teams are suitable for customers who need on-site supporters working exclusively for their projects, IT staff augmentation services provide customers access to plenty of skilled remote professionals. Regardless of outsourcing types, the third-party vendors at this stage are responsible for providing an entire software development cycle, from project management and deployment to design and testing.
AI Security and Maintenance
Maintaining AI infrastructure is a task that requires special attention and is performed regularly. As more people begin to use the system, the amount of data being generated also increases proportionally. System overload can potentially lead to poor performance and cyber security risks associated with AI implementation. By regularly checking the systems for errors, the technology company specializing in AI promptly provides solutions to mitigate threats and ensure data privacy and system integrity.
Leveraging AI Technology with These Best AI Consulting Companies
AI consulting firms play a crucial role in promoting AI practices, with some actively contributing to the development and implementation of the Responsible AI Index (RAII). Referenced from reliable sources, below is a summary of top AI consulting firms that drive changes in your AI transformation processes.
IBM Consulting
It would be a big mistake not to mention one of the largest artificial intelligence consulting firms in the world - IBM Consulting. As a veteran in the technology market with more than a century of experience, IBM has created the success of countless tailor-made AI solutions in diverse fields to date. Its services mainly focus on enabling companies to transition machine learning initiatives from pilots to full-scale operations. With a global presence, IBM is now a member of organizations such as the IEEE Global Initiative on Ethics of Autonomous and Intelligent Systems and the Partnership on AI, promoting ethical AI practices.
LeewayHertz
Officially launched in 2007, LeewayHertz is at the forefront of AI consulting, offering clients across industries with end-to-end AI services. With extensive knowledge in most aspects of AI, such as machine learning, predictive analytics, NLP, etc., this firm is capable of covering the entire AI development lifecycle, serving a diverse range of needs and customers. Whether you are a startup with AI conceptualization concerns or an enterprise having AI maintenance needs, LeewayHertz is committed to delivering successful outcomes that are not only sustainable but also effective.
Infosys
Located in India, Infosys is known as an AI service provider that specializes in empowering clients to transform their operations with its next-generation platform, Infosys Nia. With a strong focus on innovation and AI solutions, it has been at the forefront of leveraging emerging technologies to enhance customer experiences and improve operational efficiency for companies around the world. Infosys currently has offices and delivery centers in over 46 countries, making it easier for customers to access needed solutions around the clock and quickly speed up the development processes.
Orient Software
As a Vietnam-based technology company with almost two decades of experience, Orient Software has grown to become a trusted AI partner for businesses worldwide. By applying new technologies to the software development and operations cycle it helps customers maximize their full potential and deliver the best quality product. In addition to providing a wide range of AI services and solutions such as speech recognition, recommender systems, face detection, AI games, etc., at a reasonable cost, Orient Software also expands its scope of activities to other areas of software development services, including custom software development, mobile app development, web application development, etc.
Deeper Insights
Deeper Insights is a data science and artificial intelligence (AI) consulting firm that specializes in utilizing advanced AI algorithms and analytics techniques to drive business innovation. Specifically, the company offers a variety of AI services, which are strongest in the data analysis segment, including predictive analytics, data strategy and consulting, and data visualization. By working closely with customers at every step, Deeper Insights helps unlock the full value of their data and gain a competitive edge in the market.
Cambridge Consultants
Cambridge Consultants is a leading technology consulting firm located in Cambridge, United Kingdom. Founded in 1960, it has a rich history of delivering cutting-edge solutions across various industries. For Cambridge Consultants, nothing is impossible, as they have a reputation for pushing the boundaries of what’s possible. Behind the success of this provider’s innovative ideas are multidisciplinary teams that combine expertise in a vast array of areas, such as data science, engineering, and user experience designs. No matter what the customer’s needs are, Cambridge Consultants can meet them with great effort and best quality.
It is undeniable that AI technology has made many remarkable developments compared to previous years. With its benefits, AI constantly receives rising popularity and widespread interest from large and small businesses. However, this is still a new model that needs further improvement and refinement as there are still a number of challenges, including data security, algorithmic bias, black box, ethical considerations, etc., that need to be addressed.
Cooperating with an AI consulting firm like Orient Software is one of the ideal ways to help customers quickly gain a competitive advantage with their own AI products. With experience deploying AI solutions across industries such as medical and clinic data, education and learning, human resources management, financial services, etc., our commitment is to deliver products that fully meet the needs of businesses while offering the most competitive pricing packages. Leave us a message now.