AI as a Service: Will AIaaS Take Off in 2021?

Digital transformation, digital acceleration, digital diversification — just a few of the many phrases that have been thrust to the forefront of executive magazines in airport lounges across the land in the past six months (and we’ve not been adverse to liberal usage either).

Everybody working in and around technology has heard of SaaS before. In fact, in 2020, people working in other industries will most certainly be familiar. This term has become ubiquitous, and just behind are the somewhat lesser known acronyms IaaS and PaaS, which are short for Infrastructure as a Service, and Platform as a Service, respectively. However, one phrase that’s less commonly discussed is Artificial Intelligence as a Service, or AIaaS.

A new model emerges

Today, most companies are using at least one type of ‘as a service’ offering. It gives them a way of focusing on their core business, while spending less money on an important service. Now, the same methods that made other ‘as a service’ models popular are being applied to a new field: artificial intelligence.

Companies looking toward digital transformation want to take advantage of all the insights that can be gathered from data: better understanding of their customers, why some choose to purchase and some don’t, what areas of their business can be automated, and more. Sometimes, what seems like intangible information to the outside can actually present a competitive edge.

The democratisation of AI technology

The future of digital transformation itself depends on the democratisation (the process by which access to technology rapidly continues to become more accessible to more people) of the latest technologies. According to Forbes, the combination of the SaaS model with artificial intelligence could help bring AI to the masses without restrictive pricing. In essence, AI won’t just be nice to have, it will be a must have.

Until recently artificial intelligence was far too costly for most companies. The actual tech was expensive, the people who work using it were hard to find and commanded prohibitive salaries, and companies didn’t even have the data to study. But, as cloud services have become widespread and accessible, companies can gather and store essentially limitless data. This is where AI-as-a-service comes in.

Read the full article at:




Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

No, Robots Will Not Take Over The World


AI Revolution: 6 Steps to prepare your business

DeepGo: The New Paradigm of SocialFi Metaverse


Killing Your Babies… and other Voice Chatbot Thoughts from Credit Card Helper Co-founder Owen Brown

Achieving Instant Support w/ Chatbots

This new robotics challenge could bring us closer to human-level AI

This new robotics challenge could bring us closer to human-level AI

How the chatbot understands words

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Emilien Coquard

Emilien Coquard

More from Medium

A Demand Curve for Compute Editing

5 Common Myths about AI for Businesses

Artificial Intelligence and Machine Learning tends to be misunderstood by businesses for what it is and how it can be used. This blog aims to de-bunk 5 common misconceptions that businesses have about AI and ML.

Article of the Day: Advancing Privacy Measures via Privacy-enhancing technologies

Segna Newsletter — 16 December 2021