Artificial Intelligence is a game changing technology that has been transforming our world in subtle but sweeping ways. All thanks to the rapid advancements in cloud computing, Machine learning (ML) and Big Data, Artificial Intelligence is all set to touch every aspect of our lives, from cooking to shopping to art. International Data Corporation (IDC) forecasts that spending on AI and ML is expected to go up to $57.6 billion by 2021. Many fear that AI will replace humans and create a major job crisis worldwide. However, utilization of artificial intelligence will help humankind to attain business objectives quicker and more effectively. AI powered tools and systems automate repetitive tasks and roles, deliver better customer service and ensure faster production thereby boosting productivity and operational efficiencies. Untapped potential of AI can revolutionize nearly every industry by optimizing their processes and reaping higher revenues and profits. In fact, a Garnter research points out that at least 30% of companies globally will use AI in at least one fragment of their sales processes by 2020. In this blog post, we are going to discuss some of the potential applications of Artificial Intelligence in different industries.