Ways Intelligent Automation Can Grow your Business

Ways Intelligent Automation Can Grow your Business
Pixabay.com

No, we’re not yet able to see robots walk our dogs or see complex robotic organism working at a nuclear facility, but we’re not in the Stone Age either. Unfortunately, people have unrealistic expectations when it comes to Artificial Intelligence and easily get pessimistic when these expectations aren’t met. However, AI has been slowly infiltrating the business industry, allowing us to harness the power of machines truly.

AI is looming over the business world, making corporate robotics one of the fastest growing industries on the planet. While most AI startups are based in the US, the revolution is taking over the world. AI technology allows us to harness the power of IA, or intelligent automation. What is it, anyway? It’s something we see every day but don’t notice.

Intelligent automation is merely software that can detect object or products in image files and can extract data from documents and manipulate that same data. These forms of software are trained to complete human-like tasks, with further options to adapt, learn and overcome. Let’s see how this form of AI can aid your business in its growth.

Productivity Will be On the Rise

“They took our jobs!” – This famous quote from South Park is the first thing that comes to mind when someone mentions AI taking some of our jobs. Thankfully, there will be no need for torches and pitchforks because there is a lot of good facets of this intelligent automation takeover. Yes, we will lose some jobs but let’s ask ourselves – do we need that jobs?

Let’s say you’re running an eCommerce site and your employees have to spend most of their time checking orders and calibrating data. Now, imagine those same employees not having to do those tedious tasks and having 70% more free time, all while being 130% more productive while performing those vital tasks.

This is why intelligent automation is the future of business, regardless of the type of the business at hand. The effect of AI in terms of productivity is divided into these simple steps:

•    The employee will have to perform only the essential tasks.

•    The employee will be more productive.

•    Due to a more productive work environment, the competition will grow, and you will be able to get the best of the best for your company.

Human Errors Will be a Thing of the Past

Most of the things involved in running an online business revolve around repetitive tasks. Sure, they might not be rocket science, but these tasks sure put a lot of strain on the human mind. When faced with these boring challenges, the mind will quickly lose interest and will be more likely to err. Such mistakes may prove to be costly in times of need.

Software robots can’t grasp the notion of fatigue, which is an advantage when handling the more repetitive tasks. Chatbot programs are an excellent example of this notion, as they can carry out their simple mission billions of times, without a single flaw. In addition to their lack of fatigue, these bots can gather data from your customers and allow you to have a more customer-friendly site. All by listening to your customers, through the mediation of a chatbot.

Your ROI Will Skyrocket

We’re now getting to peak late-stage capitalism when it comes to your return on investment. It’s not a secret that a large part of every company’s budget is allocated in the payment sector. However, it’s never that just because the human factor is mostly unpredictable.

Of course, humans are still unprecedented in many areas of work and machines will never match our intuition, improvisation, imagination and quick thinking.

However, with some medial tasks, you can count on intelligent automation to boost your ROI. How will you accomplish that exactly?

Similar Articles

The blending of Apache Spark and Hive

In general, Apache Spark is used for database distributed computing, but not restricted to specific devices or platforms. By using in-memory storage and streamlined query implementation, massively speeds up limited data collection lookups, regardless of how large the dataset is.

MEAN Vs MERN Stack

Today, web apps have become a necessity for businesses irrespective of their size and the industry vertical they reside in. Hence businesses are opting for web app development services to create web applications.

The Face of Java that is Object-Oriented

The digital world is a continuously shifting environment. The certain programmer could get a shiver just when they think about the facilities as well as processes of a website page which was ten years ago.

Why You Should Migrate Your E-commerce Store to Magento

The online e-commerce space is no longer a new phenomenon — No, sir! Today it has transformed into a behemoth and a flourishing industry of its own. Given the prosperous nature of the sector, it is only understandable that more and more companies, including brick and mortar retailers, have embraced it quite eagerly

B2B eCommerce: Key Factors the Chemical Industry Must Keep in Mind

You remember the times when you had to go out to buy, well, everything? Groceries, clothes, furniture — everything required you to step out of your house and go through the shopping process. Then came along e-commerce. 

Everything You Need to Know about  SAP S/4HANA Finance Architecture

SAP S4 HANA is one of the most technologically-advanced networks currently available in the market. This future-ready ERP system provides businesses with intelligent technologies, allowing them to take a lead into the process with machine learning, AI, and modern analytics and reporting.

Business Continuity and Microsoft Azure In cloud

In this crucial time, the ability to act strategically when necessary is more important than ever before. Companies right now will be thinking about how to increase efficiency, how to slash costs, and how to become more efficient. How your business had changed over time is your ways of interacting with your staff and accessing the data it needs

iOS The Most Preferable App For Startups, Find Out How!

One of the most common and familiar questions that we encounter every time or that pops-up in our minds automatically when we talk about startups is which application development software to choose from Android or iOS.

How Healthcare Benefits From Cloud Computing

The fast-paced evolution of technology has empowered humanity with countless tools and solutions that continue to aid us in many endeavors. Amid this ocean of technologies, one name that is quickly climbing the popularity charts is cloud computing