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AIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

11 May 2024

Niche AI models (Glossary)

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The term "niche AI models" primarily belongs to the category of artificial intelligence, but also to digital transformation, big data and smart data. Niche AI models are special artificial intelligence applications tailored to a narrow area. This means that they focus on solving specific, often very specialised tasks instead of using general knowledge or working on many different problems.

Imagine there is an AI model that only focuses on recognising machine defects in a specific factory. Unlike large, general AI models such as ChatGPT, this niche AI model is trained exclusively to recognise unusual patterns and noises in the machines in this factory. This enables it to fulfil this task particularly reliably and efficiently.

Such niche AI models are used wherever specialised knowledge or very precise analyses are required: for example, in medical image evaluation, quality control in production or in e-commerce to provide individual purchase recommendations for a specific target group. They help companies to complete specific tasks faster, better and often more cost-effectively.

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