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A Complete Introduction to Create Your Own Artificial Virtual Assistant from Scratch

Alexandru Marginean

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Image by Kaufdex from Pixabay
Reading Time: 4 minutes

Virtual assistants, commonly known as VAs are usually systems that are designed for exchanging information between two parties. These can be inter-organization or intra-organization. However, VAs are readily used for household/personal use as well. Some of the popular VAs are Alexa from Amazon and Siri from Apple. VAs can reduce the need for redundant tasks and seamlessly transfer information whenever needed. Similarly, intelligent Virtual Assistants (IVA) enabled with AI technology can help businesses and startups in many ways. They do not have to hire full-time experts and only get insights when they are needed. An IVA can provide services regarding almost anything. From social media management to business intelligence, VAs can provide any type of services as per their niche and expertise.

 

The current global Virtual Assistant market is growing substantially and it has become quite a huge market. The market size is quite big and it is currently valued at $3.42 billion which is also expected to reach $17.13 by 2023. The market is growing at a Compound Annual Growth Rate (CAGR) at 38 percent. The industries that primarily use the services of Intelligent Virtual Assistant (IVA) include telecommunications, retail, and consumer banking. There are several benefits to opting for the IVA services. The benefits may include better operational capabilities, cost effectiveness, improved revenue generation, and increased customer satisfaction. Some of the top IVA suppliers include Google, Nuance Communications, IBM, and [24]7 Inc.

How to Create Your Own Virtual Assistant?

People cannot live without their smartphones and they are already using AI and voice-based IVAs on multiple platforms and devices. The high-tech stuff has been normalized to such as extent that people have forgotten that they did not have smartphones 15 years back. The technology has progressed so much that people are using IVAs in their homes and many are also trying to produce their personal IVAs. Here is how to create your own personal VA from scratch.

The way to create an IVA is similar to creating software or an app but it involves the use of AI and Natural Language Processing (NLP). There are 3 ways to do that.

  1. The First Method: This involves the integration of existing voice technologies to the application through API and similar development tools.

 

  1. The Second Method: This involves building an intelligent assistant through open-source services and APIs.

 

  1. The Third Method: This is creating a VA from scratch and integrating it to the application.

 

All the methods involve the use of distinct approach and technologies. Users can either feed data into the app/software or they use programs that have NLP for processing the human language. Developers can also focus on developing programs that can identify and integrate slang and words to the written program and improve its database. The key here is to make a comprehensive structure for the program so that it can identify and learn different types of words and slang that people use in their daily lives.

 

Another important thing is to integrate app or the IVA to relevant technologies and stuff for more learning and accessibility. This is because the full potential of the app can only be utilized once it is integrated to technologies such as Internet of Things (IoT) or a business’s Enterprise Resource Planning (ERP) software. In both ways, the software or the app can serve in many different ways and utilize its full potential.

 

An IVA integrated to a company ERP of workforce automation software can accomplish the majority of mundane tasks that usually take multiple steps or days to complete. It can be an integral part of an HR software where it can automate common tasks or it can be integrated to a production or manufacturing facility where it can keep an eye on all the processes and operations for improved efficiency and efficacy. Similarly, integrating IVA to IoT can make life easier and safe for many.

 

However, the uses of IVA do not end here as it can work like a real-life and real-time personal assistant and help people in everyday situations such as finding the best route for commuting, scheduling personal/office work, making personal/official calls and more than that. This can also be considered a business venture where developers can make different types of IVAs that are designed for niche purposes or industries and they can sell it to corporate as a high-value asset.

 

IVAS are proving their worth in almost every industry and market segment. Industrial that have always relied on human intelligence including insurance and finance are also relying on IVAs for improve efficiency and efficacy. All of these efforts are also in the direction of reducing costs, making the process faster, and avoiding errors at all cost. Using an INAV at home is the simplest and the most basic use case as it can do even more and it might eliminate the need for a human personal assistant in the next 5-10 years.

 

Author Bio:

Ethan Scott is a seasoned writer who has over the years contributed quality content on various high-profile websites. He has particularly excelled in niches like Fashion, Business, Entrepreneurship, Education etc. His professionalism, four year’s experience, and expertise make her one of the most sought-after content writers in the field.

Artificial Intelligence

The Use of Artificial Intelligence by Startups and SMEs panel discussion moderated by Dr. Robert Skalina (WH Partners) at TCE2019 Prague

Zoltán Tűndik

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Reading Time: 2 minutes

 

Leading law expert and tech compliance advisor to moderate the AI-related panel discussion at PICANTE TECH Conference Europe 2019.

 

The future is almost here and there are more and more talks about AI being a key part of our daily life. But, it seems we are not quite there yet as most of the services that are available are not the real independent AI which is feared by many doomsday preachers.

At PICANTE TECH Conference Europe (TCE2019), which will take place in Prague on the 3rd of September at Vienna House Andel’s Prague, we have put together an artificial intelligence-related panel discussion which will highlight some of the most recent topics that are discussed in the sphere and can benefit many in the upcoming period.

The panel discussion will be joined by Andjela Todorovic (Software Engineering Intern at Cubic Corporation), Jiří Třečák (CEO at Supernova), Aleksander Kijek (Chief Product Officer at Nethone) and last but not least, Vojtech Chloupek (Partner at Bird & Bird).

The futuristic thinking panel discussion will be moderated by Dr. Robert Skalina, Senior Advisor at WH Partners.

REGISTER HERE to secure your seat!

About Dr. Robert Skalina

Robert Skalina is a Czech Advocate as well as a Registered European Lawyer in Malta. He is based in Prague and works in Malta regularly.

He is financial services and corporate lawyer and provides advice to a wide range of investment managers, advisors and funds, including private equity and hedge funds. Robert also regularly advises clients in the gaming/gambling industries and has vast experience in the area of mergers and acquisitions and complex cross border transactions.

Robert has previously held the position of head of legal of a London based investment advisor active throughout the EMEA region. Prior to that, he served as legal counsel for the largest retail bank in the Czech Republic.

Robert graduated with an LLM cum laude from the London School of Economics. He holds a Master of Laws degree from the Charles University in Prague. He provides advice in English, Czech and Slovak.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

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Fintech

The Rise of Fintech in Europe (panel discussion) will be moderated by Simon McDermott (TECH.eu) at TCE2019 Prague

Zoltán Tűndik

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TECH.eu’s Business Development Director to take on the role of moderator for the Fintech-related panel discussion at PICANTE TECH Conference Europe 2019.

 

As mentioned in earlier press releases and news pieces, Fintech has been and is among the key trending subjects in Europe and also worldwide when it comes to technological developments.

There have been several Fintech unicorns coming out from Europe and these come under the form of TransferWise, Revolut, Monzo and Klarna.

The global Fintech investments have peaked at 35.16 billion EUR in 2018 and it is predicted that in 2019 the number will keep growing.

At PICANTE TECH Conference Europe (TCE2019), which will take place in Prague on the 3rd of September at Vienna House Andel’s Prague, we have put together a mega panel of experts which consists of experts in the field of Fintech.

The panel discussion will be joined by Jean Paul Fabri, Managing Director of ARQ Economic & Business Intelligence, Jakub Hytka, Senior Manager at EY, Andrei Cosma, Senior Associate at Simion & Baciu and Petr Ložek, Head of CEE Technology Consulting at PwC.

Such a seeded panel discussion needs a bright mind in order to work, and this is why we have invited Simon McDermott, Business Development Director at TECH.eu, to moderate the panel.

REGISTER HERE to secure your seat!

About Simon McDermott

Simon’s career as a business developer began with tech monsters Cisco Systems and then Intel Corp. Later, Simon co-founded Attentio, a pioneer in social media analytics and ever since than have worked with software start-ups and scale-ups helping them define go-to-market strategies and executing on that.

With tech.eu, Simon moderates panels, takes on the role of master of ceremonies at fireside chats for major technology events and explain their value proposition to corporate clients.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

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Artificial Intelligence

Artificial Solutions Wipes the Board with Four Podium Positions in Stevie 2019 International Business Awards Including Most Innovative Tech Company of the Year

Vlad Poptamas

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Photo source: aithority.com
Reading Time: 2 minutes

Artificial Solutions® (www.artificial-solutions.com), the leading specialist in enterprise-strength Conversational AI, announced today it has won awards in four Stevie® 2019 International Business Awards that were announced earlier today. The company was a Silver Stevie Winner in the prestigious Most Innovative Tech Company of the Year, Software Development Solution of the Year, and Artificial Intelligence/Machine Learning Solution of the Year. It was also a Bronze Stevie Winner in the IoT Analytics Solution category of the Awards.

The Stevie Awards are the world’s premier business awards. They were created in 2002 to honor and generate public recognition of the achievements and positive contributions of organizations and working professionals worldwide. In short order the Stevie has become one of the world’s most coveted prizes. The International Business Awards® (IBA) are open to all organizations worldwide: large and small, public and private, for-profit and non profit and attracted over 4000 entries.

“Recognition in any award is an honor. To win four International Stevies in four key tech-categories, including the highly contested Most Innovative Tech Company of the Year is amazing and a massive endorsement of the whole team at Artificial Solutions who have worked so hard to make Teneo an industry-leading solution,” comments Andy Peart, CMSO of Artificial Solutions.

Stevie Award winners were determined by the average scores of more than 250 executives worldwide who participated in the judging process from May through early August.

Most Innovative Tech Company of the Year recognizes overall achievement in product innovation. Artificial Solutions entry included the wide range of advanced enhancements made to Teneo in the last 12 months that has raised the bar for other conversational AI platforms. Judges commented that Teneo’s hybrid approach and broad support linguistic and lexical factors is truly impressive and that the company really streamlines the digital transformation journey using the sophisticated AI platform.

Teneo Developers, launched earlier this year, was honored for the best tool or resources for designing, creating or testing software applications. Judges for the Software Development Solution category commented that Visual UI platform to solve the problem of conversational UI is interesting. The problem being solved here could have very high returns.

Teneo’s revolutionary hybrid approach was awarded in the Artificial Intelligence/ Machine Learning category that recognizes solutions that enable computer-based systems to exhibit intelligent behavior in complex situations to solve problems, communicate with people, and perceive and interact with the physical world. Judges commented: Very impressed with how they combined classical ML with advanced NLP. Their use cases are great, and they managed to solve real and practical problems for companies.

The IoT Analytics Solution category recognized Teneo as one of the best applications for measuring and transforming Internet of Things (IoT) data into business intelligence. Judges commented that it showed Innovative use of cutting-edge technology and was a feature rich analytics solution while adhering data privacy laws.

The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2019 IBAs received entries from organizations in 74 nations and territories.

Nicknamed the Stevies for the Greek word for “crowned,” the awards will be presented to winners at a gala awards banquet at the ANDAZ Hotel am Belvedere, Vienna, Austria on 19 October.

 

SOURCE Artificial Solutions International AB

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