At the high end, Artificial Intelligence is giving exciting albeit inconsistent results. It is a great prospect, yet very expensive for most firms to scale up to. Its concepts such as machine learning or cognitive computing seem alien to most companies beyond the top bracket of innovators such as Apple or Tesla. However, AI ‘Lite’ versions can be used in some avenues which can benefit more number of people. One must know where to use it. For example ABIE (Allstate Business Insurance Expert) is a virtual assistant which can take queries from over twelve thousand insurance agents. It answers all questions then posed using the principle of datawarehousing where enormous chunks of information are stored in its system. ABIE can process this data to derive meaningful conclusions. Source 

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