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AI – Transforming Small Businesses into Smarter Businesses

The science of AI –Artificial Intelligence is here, and it is growing rapidly. Artificial Intelligence through Python application development, is a broader term that is used to define a type of computer-based software system engaging in human-like activities such as learning, planning, executing, and problem-solving. In the coming future, researchers estimate that Artificial Intelligence will be capable of performing several kinds of jobs out there. While it is true that AI will truly transform our world, a leading study from McKinsey & Company found that only 5 percent of the modern jobs have been transformed by the applications of AI in the modern era. What is likely to happen is that AI will help in the creation of more human jobs while empowering the workforce to carry out operations more efficiently.

Several leading brand names, as well as tech giants including UPS, Amazon, and others, are already utilizing AI for helping the employees to succeed in the given work environment. UPS is known to make use of the innovative concept of Machine Learning for determining the highly optimal routes for drivers. At the same time, Amazon is making use of AI-powered robots for helping the workforce in the fulfillment centers to organize as well as retrieve packaging effectively.

How Can AI Transform Your Business?

With the rapid technological advancements taking place in context with AI, here are some of the lucrative ways in which AI can help in transforming your business productively:

Building Better Advertisement Strategies:

Marketing remains at the core of any successful business out there. During 2017, Facebook is known to have generated more than $12 billion in revenue –reflecting a steady increase in the rising years. One of the major reasons for the success of Facebook was its ability to make use of AI (Artificial Intelligence) for identifying the right audience for the specific advertisement. As such, small or large-scale business enterprises out there should look forward to making use of the innovative AI technology to improve the respective marketing strategies.

Marketing remains at the core of any successful business out there. During 2017, Facebook is known to have generated more than $12 billion in revenue –reflecting a steady increase in the rising years. One of the major reasons for the success of Facebook was its ability to make use of AI (Artificial Intelligence) for identifying the right audience for the specific advertisement. As such, small or large-scale business enterprises out there should look forward to making use of the innovative AI technology to improve the respective marketing strategies.

Improving Employee Engagement and Development:

A report by Gallup revealed that around 70 percent of the current employees do not remain engaged in the workplace. As a business owner, it is imperative to understand the importance of your workforce. Advanced AI solutions like interactive chatbots can offer employees access to in-depth information 24/7. Chatbots in a typical work environment are known to enhance communication while allowing the employees to voice their concerns and share feedback in certain instances. This helps in fueling conversations between different departments in your organization while boosting employee engagement at the same time.

Read also: The Empowering Influence of Machine Learning on Mobile App Development

Closing More Deals Effectively:

Most of the small-scale as well as large-scale B2B companies out there can look forward to making use of an inside sales team for maximizing revenues. AI can help in coaching the existing Salesforce for your company such that they are able to close more deals effectively.

Whether you run a small-scale or a large-scale business enterprise, make the most of the latest AI advancements to your company’s advantage. Looking to take advantage of Artificial Intelligence or Machine Learning, talk to us to learn more about how our python application development services can help your business. Please send us an email @ sales@egrovesys.com

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