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Assessing the cost of implementing AI in healthcare
The costs of implementing AI in healthcare range from $40,000 for simple AI functionality to $100,000 and much more for a comprehensive, complex AI solution
Jul 1015 min read
How much does AI cost in 2025? Well, it depends
The JustSiftLab team estimates that you would spend at least $60,000 on a minimum viable product (MVP) version of an AI solution. The cost of integrating AI into your technology systems and business processes will rise proportionally to the solution’s type, complexity, and supported use cases. It should be noted that the above-mentioned price only covers your system’s artificial intelligence components; efforts to develop web, mobile, cloud.
Jun 212 min read
How to develop an AI strategy: 6 tips from JustSoftLab
According to the recent McKinsey survey, 78% of organizations use AI in at least one business function, with most survey respondents reporting the use of AI in an average of three business functions. This marks a significant jump from 55% in 2023 but still suggests covering only a fraction of where it could deliver value.
May 308 min read
What are AI agents, and how do you implement them?
Some experts believe that AI agents are just a passing fad, while others dream of AI-run banks and artificial CEOs delegating work to AI agents and humans alike. Our artificial intelligence consulting company believes that this technology has great potential, but there are limitations that firms considering implementing AI agents need to be aware of.
May 612 min read
Benefits of AI in healthcare: from diagnosing patients to automating workflows
Benefits of AI in healthcare: from diagnosing patients to automating workflows
Apr 710 min read
7 ways AI is making supply chains more resilient
7 ways AI is making supply chains more resilient
Mar 248 min read
How to implement AI in business: the definitive guide
How to implement AI in business: the definitive guide
Mar 2212 min read
What is the Stargate Project, and how will it impact your business in 2025 and beyond?
What is the Stargate Project, and how will it impact your business in 2025 and beyond?
Mar 169 min read
Smarter business strategies start with AI decision-making. Here’s why
Smarter business strategies start with AI decision-making. Here’s why
Feb 1712 min read
AI drug discovery: Entering a new age
AI drug discovery: Entering a new age
Nov 3, 20249 min read
AI dating apps: a new frontier for mobile app startups
AI dating apps: a new frontier for mobile app startups
Oct 30, 202410 min read
Unstructured data uncovered: Examples, benefits, and tools
Unstructured data uncovered: Examples, benefits, and tools
Oct 23, 20246 min read
Understanding AI types and subsets—and their applications in business
Understanding AI types and subsets—and their applications in business
Oct 15, 20248 min read
How to deploy AI in your grocery store
How to deploy AI in your grocery store
Oct 8, 20249 min read
Generative AI in business: top 5 use cases every company should consider
Generative AI in business: top 5 use cases every company should consider
Oct 7, 202411 min read
Generative AI in banking: promising use cases and potential hurdles
Generative AI in banking: promising use cases and potential hurdles
Sep 30, 202415 min read
Data preparation for machine learning: a step-by-step guide
Data preparation for machine learning: a step-by-step guide
Sep 27, 202411 min read
What is AI bias really, and how can you combat it?
What is AI bias really, and how can you combat it
Sep 26, 20249 min read
Top computer vision applications in different industries right now
Top computer vision applications in different industries right now
Sep 19, 202411 min read
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