Incorporating Artificial Intelligence Into Your BusinessJune 13, 2022 No Comments
Featured article by Russell Emmental, Independent Technology Author
The information technology department in businesses is an area that sees numerous tweaks to its practices on a yearly basis. With competitors constantly introducing cutting-edge technology and consumer expectations rising as a result, staying ahead of the curve and updated with the latest trends becomes vital.
Whether it be to raise efficiency, create new markets, or generate stronger insights, companies are now depending on artificial intelligence (AI) more than ever to enhance their overall production. Thus, if your business practices need some modernizing, here are a couple of areas in which you can incorporate AI into your enterprise.
1. Marketing Campaigns
Businesses in the realms of retail and e-commerce often employ AI to learn a consumer’s buying patterns and interests, and can make sophisticated predictions based on advanced data analytics through the use of causal AI. Synthesizing the information they’ve learned about their customers, the machines then proceed to carefully place advertisements based on the products they’re most likely to buy to optimize click-through rates.
Targeted marketing can also be imparted in the real world; some big-time companies utilize highly advanced facial and body type recognition to identify customers and display products that are relevant to them. The implementation of AI has made key tools such as data analytics, content generation, and real-time personalization more augmented than ever before, eliminating the need for human nuance.
2. Customer Service
By far the most common utilization of artificial intelligence in enterprises, customer service has grown to be completely automated in some companies. Not only a speedier and more cost-efficient solution in comparison to human workers, chatbots have become capable of providing answers to routine requests and FAQs such as order statuses, payment information, and any other information regarding a product’s purchase.
For businesses who appreciate the human element in customer care, AI can also assist customer service agents in their day-to-day work. For example, omnichannel call centers can use it to interpret a customer’s question, search for articles on the internet or information within the company’s training guides regarding the topic at hand, and have it displayed on the agent’s screen on call.
3. Task Automation
Studies are already demonstrating that automation is a threat to employment. For businesses that don’t require much of a human element in their practices or services, relying on artificial intelligence for task automation would be a wise choice. Jobs requiring predictable physical labor or data processing (or collection) would be the ones most prone to being replaced with automation or AI assistance.
Contemporary technological advancements mean that machines are able to perform these activities with greater efficiency and at a lower cost. With AI being capable of replicating human behavior, it can execute tasks such as decoding documents, sensing emotions, and making judgments on its content. Even driving heavy machinery faces automation, with businesses constantly making breakthroughs on this front.
4. Safer Working Conditions
On-the-job tragedies are occurrences that destroy families and pose a massive reputational or financial ordeal for the parties held responsible. As a result, in recent times, businesses are looking toward artificial intelligence, making job safety a priority.
Managers are unable to monitor whether employees are safely using resources or executing tasks properly, but AI can. Using a variety of endpoint devices – thermometers, cameras, motion and weather detectors – organizations can collect information retrieved from these devices to identify dangerous behaviors or hazardous conditions and then make recommendations on how to remedy these issues.
While your employees’ first instincts might be to be against the technology that is cutting down on countless human jobs in present times, it’d be wise to emphasize how AI can improve their overall work productivity and your business’s bottom line. Times are changing, and incorporating artificial intelligence into the workplace can prove to be a sensible choice.APPLICATION INTEGRATION, CLOUD DATA, DATA and ANALYTICS , DATA PRIVACY, DATA SECURITY, MOBILE DATA, SOCIAL BUSINESS