K
Kathleen Martin
Guest
Artificial intelligence may not be a fringe technology anymore, but that doesn’t mean businesses are using it to its full potential. From automating repetitive processes to forecasting to better serving customers and clients, companies can realize significant productivity gains and cost savings from the smart application of AI.
Even though AI’s potential applications are widespread, businesses would be wise to take focused, careful steps in applying the technology to best meet their unique needs. Below, 14 industry experts from Forbes Technology Council share smart ways leaders can introduce AI into their businesses right now.
1. Automate Manual Processes
We use AI to automate manual processes—especially when it comes to data entry. We have had success in applying AI in automating back-office tasks through optical character recognition, data capture, document indexing, robotic process automation and other use cases. It’s not nearly as high profile as AI’s uses in healthcare or self-driving cars, but for us, it has been a real ROI deliverer. - Matt Berseth, NLP Logix
2. Identify Patterns
Innovative public sector organizations are using AI to help make predictions that advance their mission. AI helps you find patterns in existing data and then make predictions from new data. Nonprofits can predict which individuals will donate to their cause, hospitals can predict health issues in patients and government agencies can predict breakdowns in equipment before they happen. - Dave Levy, Amazon Web Services (AWS)
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2021/09/27/14-smart-ways-businesses-can-leverage-ai-for-growth-and-efficiency/?sh=ff1d206594ee
Even though AI’s potential applications are widespread, businesses would be wise to take focused, careful steps in applying the technology to best meet their unique needs. Below, 14 industry experts from Forbes Technology Council share smart ways leaders can introduce AI into their businesses right now.
1. Automate Manual Processes
We use AI to automate manual processes—especially when it comes to data entry. We have had success in applying AI in automating back-office tasks through optical character recognition, data capture, document indexing, robotic process automation and other use cases. It’s not nearly as high profile as AI’s uses in healthcare or self-driving cars, but for us, it has been a real ROI deliverer. - Matt Berseth, NLP Logix
2. Identify Patterns
Innovative public sector organizations are using AI to help make predictions that advance their mission. AI helps you find patterns in existing data and then make predictions from new data. Nonprofits can predict which individuals will donate to their cause, hospitals can predict health issues in patients and government agencies can predict breakdowns in equipment before they happen. - Dave Levy, Amazon Web Services (AWS)
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2021/09/27/14-smart-ways-businesses-can-leverage-ai-for-growth-and-efficiency/?sh=ff1d206594ee
