Artificial Intelligence or sometimes called “machine learning” is growing rapidly within many industries, due to the complex benefits associated with this new technology. From restructuring administrative activities to improving marketing campaigns, there are countless ways to increase AI productivity and efficiency.
Here are five reasons more than half of the employers are interested in artificial intelligence.
1. Learning and Development
Through AI, you can train more people and improve their learning experience. Gaps in knowledge can be identified and resolved efficiently through AI assessments and training (i.e., turning downtime into productive learning-time). Your team will be more confident in doing their jobs and more prepared than ever. Soon, you will see how a person in the organization grows and improves, which will motivate more people to embrace this learning opportunity
2. Automation of Decisions
Creating credibility is the key to successful AI implementation. AI makes expedited decisions based upon the established criteria and can free-up valuable time for your executive team. For example, if you do not have time to speak to every incoming request from your website, an AI Chatbot is able to accomplish the initial communication process and identify a filtered list. This will enable you to efficiently focus on the most qualified leads.
3. Pattern Recognition
Data analysis is enhanced by recognizing patterns within structured data. AI’s can make this process effective and efficient by analyzing items such as systems traffic data, CRM data, etc. The results of vital and classified business data analysis are key to the success of many business models and industries.
4. Virtual Assistance
Just as Alexa, Siri, and Google now act as assistants in people’s daily lives; all business owners need some kind of virtual help at their work. In addition to talking to home appliances, Virtual Assistants are taking over e-commerce platforms in purchases and sales. For example, Amazon has integrated Alexa into its platform, where users can search for products and make purchases.
5. Social Media Sentiment Analysis
The Social Media Listening tool picks brand and product references and connects them for you. Sentiment analysis provides feedback from your target audience and if they are expressing a positive, negative, or neutral feeling for your product or service. Imagine the impact this will have on Public Relations (PR) management. You will be able to assess important information quickly and take steps to mitigate any major risks/issues in nearly real-time. Sentiment analysis is a prime way that AI can help achieve business and marketing success in a variety of environments and industries.
Conclusion:
At the end of the day, everyone wants better results. Despite negative claims about artificial intelligence, it’s only logical to be receptive to it if it favors you. By the looks of it, bosses will have fewer things to worry about as their business will function better with artificial intelligence.
Showing posts with label machine learning applications. Show all posts
Showing posts with label machine learning applications. Show all posts
Wednesday, October 21, 2020
5 Ways to Use Artificial intelligence (AI) Right Away for a Success Business in 2020
Monday, April 20, 2020
What can machine learning do for your business right now?
Machine learning is a way for businesses to use artificial intelligence (AI) in their processes and systems to constantly improve and learn without any extra programming. As a business leader, you are always looking for the newest thing to take your business to the next level and right now, that is AI.
With that being said, a lot of people are afraid to make the jump to utilize machine learning because they believe that the cost isn’t worth the benefit. For some businesses that already know exactly what they need and utilize data analysts, that may be true. However, AI can help many businesses:
1. Draw more efficient conclusions
AI can analyze your data in large sets at a time to cut down on waste while predicting customer behavior and discovering hidden patterns. Machine learning can take an otherwise complex assignment and turn it into an easy task.
2. Gain more happy customers
Having great customer service is key to retaining customers. Machine learning services can be integrated into your website to help your customers get their questions answered faster and easier without your employees at their every beck and call.
3. Save employees’ time
You want your employees working on the things they need to be working on not wasting time passing customers back and forth on the phone. With AI, your phone system can have a system that predict what your customer needs based on their buying methods which means employees can focus their time and efforts on selling/supporting your service or product.
4. Make new hires transition smoothly in their new roles
Working a new job is not easy, especially when the training and resources are outdated. Machine learning can help organize and recommend the correct resources your new employee will need to succeed all based off of your past data. Because it’s continuously learning, the system can adapt to what your new hire uses the most to help them reach their goals in no time.
As more and more machine learning applications are being introduced into our everyday lives, it’s only natural that they become engrained in our businesses and workforces. AI can save us time and money while enhancing our customer service, data predictions, and overall efficiency.
Whether you need a small integrative system or a large, complex machine learning program, Charter Global can help you determine what AI is best for your business. To better predict future events or smartly monitor over business systems, machine learning just might be valuable solution you need.
With that being said, a lot of people are afraid to make the jump to utilize machine learning because they believe that the cost isn’t worth the benefit. For some businesses that already know exactly what they need and utilize data analysts, that may be true. However, AI can help many businesses:
1. Draw more efficient conclusions
AI can analyze your data in large sets at a time to cut down on waste while predicting customer behavior and discovering hidden patterns. Machine learning can take an otherwise complex assignment and turn it into an easy task.
2. Gain more happy customers
Having great customer service is key to retaining customers. Machine learning services can be integrated into your website to help your customers get their questions answered faster and easier without your employees at their every beck and call.
3. Save employees’ time
You want your employees working on the things they need to be working on not wasting time passing customers back and forth on the phone. With AI, your phone system can have a system that predict what your customer needs based on their buying methods which means employees can focus their time and efforts on selling/supporting your service or product.
4. Make new hires transition smoothly in their new roles
Working a new job is not easy, especially when the training and resources are outdated. Machine learning can help organize and recommend the correct resources your new employee will need to succeed all based off of your past data. Because it’s continuously learning, the system can adapt to what your new hire uses the most to help them reach their goals in no time.
As more and more machine learning applications are being introduced into our everyday lives, it’s only natural that they become engrained in our businesses and workforces. AI can save us time and money while enhancing our customer service, data predictions, and overall efficiency.
Whether you need a small integrative system or a large, complex machine learning program, Charter Global can help you determine what AI is best for your business. To better predict future events or smartly monitor over business systems, machine learning just might be valuable solution you need.
Tuesday, March 17, 2020
3 Ways Artificial Intelligence (AI) Services will Impact the Economy in 2020 and Beyond
1) Increasing efficiency and accuracy
in our everyday work.
It’s tempting to believe that
artificial
intelligence services
can do just about anything. If tech experts are to be believed,
artificial intelligence (AI) has the potential to transform the
world. Tech entrepreneur, Elon Musk, says this would be a threat to
humanity and life as we know it.
Even though thinking among AI researchers
has evolved over the years, the future impact of AI is strongly
debated among experts.
Currently, AI
and machine learning solutions
power self-driving cars, complex ad-tech audience optimization, and a
host of intelligent agents such as Alexa, Cortana and Siri. At the
same time, leading AI experts, business owners, and analysts caution
against an overly rosy view of its current capabilities.
The hype surrounding AI’s potential has
misled many into overlooking its current utility. Eventually, AI will
redefine industries and build technologies we never thought possible.
However, business leaders and AI experts say the real value in
today’s AI lies in increasing efficiency and accuracy in our
everyday work.
2)
Preparing for The Future – The Government’s Role
Artificial
Intelligence (AI)
Solutions
holds the potential to be a major driver of economic growth and
social progress. If industries, society, government, and the public
work together to support development of this technology with
thoughtful attention to its potential and managing its risks, then
everyone will benefit.
The U.S. government has several roles to
play. Participation in conversations about important issues is key;
this is to help set the agenda for public debate. In fact, this
initiate can monitor the safety and fairness of applications as they
develop, and adapt regulatory frameworks to encourage innovation
while protecting the public.
Another utility the government can
provide is public policy tools to ensure that disruption in the
methods of work enabled by AI increases productivity while avoiding
negative economic consequences for certain sectors of the workforce.
Not only this, but the government can support basic research and the
application of AI to public good. One of those features is to support
development of a skilled, diverse workforce.
Government can apply AI to serve the
public faster, more effectively, and at a lower cost. Many areas of
public policy, from education, to defense, to environmental
preservation, and criminal justice, will see new opportunities and
new challenges driven by the continued progress of AI.
To enable these policies, it’s crucial
for the U.S. government to understand and adapt to these changes.
3)
Economic and Social Morality
As the technology of AI continues to
develop, practitioners must ensure that AI-enabled
systems are governable. This is to ensure they are open,
transparent, and understandable. In essence, AI must work effectively
with people, so that their operation will remain consistent with
human values and aspirations.
Researchers and practitioners have
increased their attention to these challenges, and should continue to
focus on them.
Developing and studying machine
learning
development services can help us better understand and
appreciate our human intelligence. Used thoughtfully, AI can augment
our intelligence and help us to chart a better and wiser path.
Charter
Global offers AI resources to a variety of different types of
projects. Consult us for expert help, and learn more about what we
can do to achieve your AI goals.
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