GlobalLogic - AI is the future of media - PowerPoint PPT Presentation

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GlobalLogic - AI is the future of media

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Artificial intelligence is likely one of the most used buzzwords of our time. No matter whether you are in the automotive industry, healthcare, retail or something else, everyone is talking about AI. The media industry is no exception; from NAB to IBC, from Europe to the US, this phrase is resonating on every industry event’s floor. – PowerPoint PPT presentation

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Title: GlobalLogic - AI is the future of media


1
AI is the Future of Media
2
About GlobalLogic
  • For 17 years, GlobalLogic has partnered with
    businesses across every major industry to make
    amazing products and connect the dots between
    people, products, and business opportunities.
    Now, in an increasingly digital world that places
    the consumer at the center of every interaction,
    were showing businesses how they can connect the
    dots back to consumers, innovate within
    predictable budgets, and bring the next
    generation of digital products and services to
    market.

3
AI is the future of media
  • From video content analysis tools to video
    recommendation engines, AI has already made an
    impact on the media industry and its only
    going to keep evolving.

4
  • Artificial intelligence is likely one of the most
    used buzzwords of our time. No matter whether you
    are in the automotive industry, healthcare,
    retail or something else, everyone is talking
    about AI. The media industry is no exception
    from NAB to IBC, from Europe to the US, this
    phrase is resonating on every industry events
    floor. We can argue for a long time whether AI
    will boost the economy or kill industries, how
    many new innovative businesses will emerge, how
    many people might become unemployed, how secure
    AI-based solutions might be, and so on. Im
    pretty sure this could be a great topic for a
    live debate. But lets leave aside these
    philosophical aspects and focus more on
    potential and capabilities.

5
AI is Already Gaining Traction
  • Most media industry players already boast some
    kind of AI-based solution implementation within
    their business workflows. Netflix can be easily
    called a pioneer here because of its intelligent
    cast compilation and viewer data analytics (e.g.,
    House of Cards) the sophisticated deep
    learning and computer vision algorithm that is
    applied to its recommendation engine, and which
    is far beyond the industry standard and is still
    evolving and all the way back to its video
    encoding, which analyzes each shot in a video and
    compresses it without affecting the image
    quality, thus reducing the amount of data it
    uses.

6
  • Comcast uses machine learning models (among other
    solutions) to predict customer issues right
    before they occur. According to Adam Hertz, VP of
    Engineering at Comcast, their technology is 90
    accurate in terms of predicting if a technician
    needs to drive to a subscribers home to fix a
    connectivity problem.7 Major tech vendors like
    Amazon, Microsoft, IBM, and of course Google are
    also working hard in this direction. Lets take
    for example Microsoft and its Azure AI platform.
    From pre-built AI, to customizable ML and deep
    learning services and tools, you can find all you
    need to upgrade your solutions and services with
    cognitive capabilities, natural language
    processing, etc.

7
Areas Where AI is Disrupting the Media Industry
  • Content
  • User Experience
  • Video Workflows

8
  • In a nutshell, if you have specific, well-defined
    tasks that consist of repetitive and not creative
    work, then it might be a good case to consider
    the power of AI. The same is true if you have
    tons of data and use more than a few people to
    play with it.
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