How can AI and analytics help your business?
AI and analytics can help enterprise reduce costs, increase productivity and generate more revenue. Recent advances make it economically viable to apply them to your business.
AI technology mimics routine and systematic human behaviour. It can carry out repetitive tasks more cost-effectively than humans. Enterprises are adopting AI-powered solution like chatbots and virtual assistants to lower operating costs. They free up labour, allowing staff to focus on higher value activities.
AI can perform complex tasks at unparalleled speeds and accuracy. A Japanese insurance company increased productivity by 30% after replacing 34 insurance claim workers with AI*.
*(Artificial intelligence to replace human staff at Japanese insurance company)
Generate more revenue
Powered by the sophisticated analytic capabilities of AI, massive amounts of business data can be processed and analysed. Enterprises can use this to gain a more comprehensive understanding of their business, devise new strategies and develop a new generation of products.