AI Impacting Industry

Posted: Updated:

Artificial Intelligence is improving and impacting industries, businesses and governments worldwide. For business leaders new to AI, there’s probably uncertainty about its ability to help their organization. Here are a few specific use cases that show the impact.

Business professionals are talking about and beginning to implement Artificial Intelligence into their work place. Here are four great examples showing how AI benefits industry.


The convenience of credit cards, debit cards and smartphones creates irresistible targets for criminals. Mechanical countermeasures like holographic images and two-factor authentication present, at best, an inconvenience to determined fraudsters. They’ve figured out how to work around them.

AI algorithms use one of the most reliable defenses against financial fraud — the customer’s own behavior. Every financial transaction generates valuable digital data. Fraud-fighting algorithms correlate this data, scan for useful patterns and weigh the likelihood that the legitimate owner of a debit card, for instance, is the one making the transaction.

Let’s say a person uses their credit card during a business trip to Milwaukee. When a credit card is used there, an AI algorithm knows it’s really you because the credit card also was used to buy the airline ticket to Milwaukee.

AI algorithms scan dozens or hundreds of transactions over previous months and years. These scans find patterns to establish the legitimate customer’s behavioral signature. As the learning algorithms teach themselves to model users’ behavior more accurately, they get better at tackling anomalies that might produce a false positive. That means less aggravation for customers who don’t have to call in to register travel and more roadblocks for crooks who would work outside the customer’s behavior.


There are predictions that bots will do all the driving someday. But for now, people who own cars and trucks have to sort out a bunch of everyday automotive maintenance chores manually. Today’s cars can count the miles on the odometer and deliver an alert when it’s time to change the oil. Scheduling an oil change means playing phone tag with the dealer and syncing your calendar with the dealer’s availability. There’s a better way, thanks to AI.

An AI engine can scan driving patterns and predict when your change-the-oil light will come on. Another AI engine scans availability in the dealer’s garage. The AI system knows you’ve gone to the dealer on Tuesdays the last five times.

All these variables trigger a message telling you that your oil-change light is about to come on. You’ll be asked which day you’d like to get the oil change and which dealer you’d like to use. It’s conversational in the sense that you can talk to a mobile app and complete the transaction hands-free while you’re driving.

The concept applies across the automotive ecosystem. The best part, predictive maintenance will drive cost savings and production efficiency for OEMs and their vendors.


Healthcare is a natural fit for AI data modeling because medicine also is a scientific discipline built on empirical data. Scientific studies generate massive volumes of data that can be vetted by peer review, decreasing the likelihood of errors. AI engines can be trained to correlate and analyze the results of multiple studies to find patterns revealing insights that humans would probably miss.

Developing new drugs starts in the laboratory and eventually moves to clinical trials that establish whether the medication works as expected. The process can take five to 12 years and cost billions of dollars.

Occasionally, a medication succeeds in laboratory tests on animals but fails in clinical testing on humans. Clinical trial failures equate to hundreds of millions of dollars wasted on scientific dead ends. When news of trial failures hits the financial press, investors may lose confidence and company stock prices may take a beating. Thus, pharmaceutical manufacturers have a strong incentive to identify flaws in their studies, limit losses and prevent failure.

With an AI-enabled decision matrix that asks if a trial will fail or succeed companies can mitigate risk. The matrix takes the emotions out of a hard decision. It looks at all the data to help decide whether to stop a clinical trial when AI is saying it’s not going to succeed.


More than four million people are employed by U.S. government. A workforce this large generates two fundamental challenges: safety and productivity. AI and machine learning algorithms are helping the government on both counts.

Many other U.S. employees face potentially fatal risks. For instance, the U.S. Mine Safety and Health Administration (MSHA) sends inspectors deep into coal mines to probe for problems that could produce catastrophic accidents.

DMI partnered with MSHA to pioneer an inspection platform that made inspectors more efficient. Instead of carrying laptop computers, digital cameras and thick regulation books down into the mines, the inspectors combined all these tools in a lightweight tablet computer. These tools shrank inspection cycles from months to days.

AI algorithms analyze inspection data and correlate it with data from other mines and inspections. AI gives the ability to predict an accident in a specific mine based on its equipment, conditions, workforce availability, inspection data and more. Risks can be identified and fixed to ensure worker safety.

Using real-time data to prevent accidents is a game changer in industries the government regulates. Moreover, predictive capability also helps the military maintain its arsenal of complex machinery.

Niraj Patel is senior vice president of artificial intelligence for DMI with 21 global offices including Indianapolis. DMI helps clients navigate the technology revolution through a human-centric, mobile-first approach. DMI is continuously recognized by Gartner and Forrester as a leader in mobile IT services.

  • Perspectives

    • Richardson is a practice lead with Centric Consulting.

      How to Create Consistent and Positive Customer Experiences with Your Brand

      Everyone knows that keeping the consumer happy is the first priority. The importance of considering the customer’s experience in all areas of engaging with your business, not just customer service is becoming even more clear. I’m seeing an increasing number of my peers in the marketing world take ownership of the customer experience with their brands. As a result, we’re all learning how to borrow and...



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • (image courtesy of The Times of Northwest Indiana)

      U.S. Steel Updates Layoff Notice to State

      Pittsburgh-based U.S. Steel Corp. (NYSE: X) has updated the State of Indiana regarding its previously announced layoffs at the East Chicago Tin Mill. The company says 314, rather than 307, workers will be displaced when the mill is idled this fall. 

    • Red Star announced plans to expand and add 18 jobs.

      Larwill Medical Device Maker to Expand, Add Jobs

      A Whitley County-based medical device maker has announced plans to expand its facility in Larwill which should mean new jobs. Red Star Contract Manufacturing Inc. says it will invest $1.6 million in real estate improvements and additional equipment and will create 18 new jobs by 2022. 

    • Regal Beloit is closing in Valparaiso. (photo courtesy; The Times of Northwest Indiana)

      Valpo Bearings Plant to Close, Eliminating 160+ Jobs

      Wisconsin-based Regal Beloit Corp. and the union representing workers have reached an agreement about the closing of a helicopter bearing factory in Valparaiso. According to our partners at The Times of Northwest Indiana, the decision will cost between 160 to 170 workers their jobs. 

    • (WISH-TV Photo)

      Clif Bar Expands Indy Bakery

      California-based Clif Bar & Co. has completed a $10 million expansion of its commercial bakery in Indianapolis. The company says the project involved a more sustainable redesign of the facility for its employee-owners with a greater focus on energy efficiency.

    • AM General & Fiat Chrysler announce plans to build military grade Jeep Gladiator pickup trucks.

      AM General, FCA Collaborate on New Military Grade Jeep

      Nearly 80 years since the first jeep rolled off the assembly line, and helped support American soldiers throughout World War II, it appears the trusted four-wheel-drive machine may be making a comeback in the U.S. military. South Bend-based AM General LLC has teamed up with Fiat Chrysler Automobiles to build military-grade versions of the 2020 Jeep Gladiator pickup truck.