In today’s contemporary digital world, media and entertainment companies hold the power of digital technologies while engaging with customers and provide them innumerable channels of consuming information. Games, Movies, theatre, Dance, Television etc. Make no mistake: AI is already changing the world of entertainment and how we consume our media. M&E organizations are adopting digital strategies. Financial Advisory Services: 3.4 4. October 20, 2020. Ten Fintech Trends To Lookout In 2021. It delivers customized content, better media opportunities, and effective communication on any platform. Remote normal is transforming media and entertainment. Artificial Intelligence (AI) is increasingly becoming mainstream in many industries such as medical, sports, entertainment, and now the graphic design industry. According to … React Native App Development: All you need to know about React Native Development. And today AI technology companies not only offer outstanding solutions for the professional environment but are also actively altering the entertainment industry. With AI and ML, a large amount of data can be processed and configured for better applications. Well, the new era of data means making transforming the business based continuously on real-time input from all kinds of data sources. Right now, humanity is facing significant challenges in battling multiple deadly diseases such as cancer, Alzheimer’s, AIDS, diabetes, and many others. Emerging technologies transforming the entertainment and media industry (Credit: www.hiddenbrains.com) AI is making the process of creating new content significantly more efficient for businesses, publications and online creators. Tweet. And today AI technology companies not only offer outstanding solutions for the professional environment but are also actively altering the entertainment industry. AI technology has already penetrated our daily lives. AI technology has already penetrated our daily AI in entertainment industry has been growing at a rapid rate. Sadly, we are far from finding a cure. So, these are some of the advantages of AI in the media and entertainment industry. “AI will influence all parts of the media value chain, helping content creators to be more creative, helping content editors to be more productive, and helping content consumers to find the content that matches their interests and current situation,” explains Rainer Kellerhals, Microsoft’s Media and Entertainment industry lead for the EMEA region. How is AI & Machine learning transforming the Media & Entertainment sector? Digital media is not just an additional distribution platform but has emerged as a core revenue generation engine. And today AI technology companies not only offer outstanding solutions for the professional environment but are also actively altering the entertainment industry. AI can also indirectly impact the transportation industry by analyzing pedestrians and cyclists in any given city or town. According to PwC’s Entertainment & Media Outlook, the US entertainment and media industry is projected to reach $759 billion by 2021, increasing at a CAGR of 3.6 percent.. Due to innumerable sci-fi movies like The Terminator, I, Robot, and Avenger series, artificial intelligence (AI) has always been a part of the entertainment industry. Artificial Intelligence: Nowadays, the entertainment industry is changing drastically because of the Needless to say, AI is transforming the media and entertainment space. Also, it seems quite clear that the symbiotic collaboration of humans (medical experts) and technology will help architect a comprehensive portfolio of AI solutions. Through strategically placed sensors, the flow of both of them could be analyzed to provide better circulation channels and to detect opportunities for growth in public transportation to better serve both of these groups. Industry Trends, Media. Whether by using machine learning, deep learning, natural language processing, or another section of the AI umbrella, there are many applications for this technology within the ticketing industry. Contact . The media and entertainment industry is at the cusp of rapid transformation with digital media taking center stage across all sub-sectors - TV, print, films, advertising, animation & VFX, gaming, OOH, radio and music. Art by Computers: How AI is Transforming the Graphic Design Industry. Many experts across sectors, such as game development, movie production, advertising, and also providers of a variety of entertainment services, agree on AI unleashing an entirely new approach to creativity. Director Business Strategy, Media and Entertainment. And, in order to do that, first of all, they will have to gain more knowledge about the competitors. Chatbots assists the consumers in getting the exact knowledge of the information asked by them, having global broadcasting, easier browsing, effective audience engagement, custom alerts, and content control. 2 Strong AI. Here you’ll find how artificial intelligence software is transforming the entertainment industry and what to expect in the nearest … Artificial intelligence is transforming the ticketing industry. The entertainment industry goes on flourishing, and AI has provided its input into it. IBM created a horror movie trailer called Morgan using artificial intelligence. By Media Entertainment Tech Outlook ... but several individuals. Fraud Detection And Management: 3.3 3. AI technology has already penetrated our daily lives. As a testament to the potential impact of AI and blockchain on media organizations, both technologies were on full display at NAB 2019 last week in Las Vegas, where IBM exhibited and presented our view of the innovations and the industry. Forget the 8 pm movie on a Saturday night; there are 120,000 to choose from. Home / Streaming Solutions / News; How Artificial Intelligence is Transforming Video Streaming. IBM leads the tech industry in working with media and entertainment companies to revolutionize their operations using these technologies. Nowadays, the entertainment industry is changing drastically because of the advent of artificial intelligence. We are all now on the edge of the technological revolution… Nowadays, the entertainment industry is changing drastically because of the advent of artificial intelligence. Imagine enjoying fun on your terms, having entertainment on the go. AI Catapults Growth in the Music Industry. This era of digitalization and technology has brought drastic changes in these domains. She is set to host his year’s edition of The Entertainment Fair and Festival, TEFFEST, an annual fiesta she set up in 2019 to turn the entertainment industry in Africa around. Similarly, AI can be used to quickly create new ads … Seems like a great thing to do with the rising technology around us. Big data in the media and entertainment industry is not only helping businesses to gain hidden insights into customer behavior but helps in delivering personalized content. How Is AI Transforming The Entertainment Industry? Machine Learning • Aug 05, 2020. Another example of AI for business is artificial intelligence in the healthcare industry. Risk Assessment: 3.2 2. We are all now on the edge of the technological revolution that turns our lives upside down. How Is Artificial Intelligence Transforming Media and Entertainment Industry? Nowadays, the entertainment industry is changing drastically because of the advent of artificial intelligence. by Guest Contributor on February 1, 2019. And today AI technology companies not only offer outstanding solutions for the professional environment but are also actively altering the entertainment industry.