Increased speed of development
Machine Learning and deep learning techniques can help DevOp reduce several software testing processes. The quality assurance analysts would no longer be needed to manually test the software as AI would test your software automatically at every stage. Fintech companies are adopting AI-powered trading bots to automate the trades of their books.
Enhanced Security and Privacy
The stronger deep learning models can classify and identify almost everything in a frame. Hence, AI can enhance security by giving access to only identified and verified individuals while maintaining privacy at the user level by giving different access to different users as defined by the admin. Banking applications exclusively use AI to keep secure the data of their customers.
If your product is a video streaming service or a podcast/music streaming service, then powering the software with a recommender system would boost user experience and user stay-time on your application. The recommender system works by understanding the user’s interests and predicting their next best option. Companies like Netflix and Facebook extensively curate users’ content with AI’s help.
The AI can help diagnose and treat an error without human intervention, which also reduces maintenance costs. AI can use reinforcement learning to deal with errors with the concept of reward and punishment. The data is then retrained to avoid the same errors in the future. This way, it ensures that an error dealt with is an error eliminated forever.
Decision Making and Time estimation
The ability of AI includes the ability to make decisions. Under defined constraints and criteria, the machine can make the most suitable and accurate decision. Different regression models can help predict the estimated time frame and cost estimation for the current project when trained with past project timelines and cost estimations. The supervised and unsupervised learning algorithms can significantly help a developer with advanced services.
The scope of AI in Software Development is huge, and the list goes on with other applications such as automated coding, automated UI design, etc. This is the reason why it is believed that 80% of businesses are investing in AI, and around 50% of these businesses have already started defining their AI strategies.
The role of AI is not only limited to software development but also helps developers to deploy their software in the most cost-effective way. Surveys can be conducted to know the user interests and needs, and the Machine Learning algorithms can deal with the data to select the best region and the best time to deploy the product.
Post-deployment, AI can be used in sentimental analysis to understand user feedback and help developers bring in new updates for user satisfaction. Sentimental analysis can be done using natural language processing, which helps extract the scope of improvements from every feedback the user provides.