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7 Awesome Ways In Which Artificial Intelligence Will Empower Your Business

This technology isn’t in the slightest bit as threatening as people think it is, although it is very new and it’s changing the world faster than any technology has managed to up to this point.

But what’s important is this: If you use it as your business ally, you can literally turn every area of your company upside down, obliterating inefficiency, super optimizing operations, and saving a lot of money.

The 2016 Microsoft State of Global Customer Service, for example, found that 60% of consumers completely stopped doing business with a brand as a result of just one poor customer service experience.

The company is usinga fusion of machine learning and behavioral science to analyze millions upon millions of voice calls and improve customer interactions based on the data.

Forty-one percent are using it to resolve users' technology problems… Thirty-four percent to reduce production management work by automating it… And another 34% are using it to gauge internal compliance for approved technology vectors, notes the Harvard Business Review.

IT consultancy Gartneralso predictsthat by 2020, at least 75% of security software tools will include predictive and prescriptive analytics based on heuristics, artificial intelligence capabilities or machine learning algorithms.

HANA is SAP's cloud platform and machine learning solution, which companies are using to manage databases of information they have collected, such as sales transactions or customer info, relational databases, apps and other sources.

Domo is a fast-growing business management software company that has raised over $500 million in funding and has created a dashboard that gathers information to help companies make decisions.

Restless Bandit is a SaaS product that automates the tasks of screening applications, finding matches, reaching out to them and scheduling face-to-face interviews to greatly reduce the work involved in bringing a good potential candidate into the office.

The artificial intelligence system will calculate insurance policy payouts byanalyzing medical certificates, surgery and procedure data and hospital stays and calculating the relevant payout.

French multinational energy firm, Engie, is using a combination of drone and AI image processing technology to inspect its infrastructure to prevent damage to their high-pressure network.

Automatically managing budgets across different audiences on multiple platforms (like Google AdWords, and Facebook Ads), and optimizing every single ad about 480 times each day, which makes its current average improvement of +83% more conversions by the 10 days mark, a no-brainer.

Not only that, but it also guarantees Adext Partner agencies that it will get them a better cost per conversion (lower cost per sale or cost per lead) for all their accounts and campaigns, or the service will be FREE, and no management or optimization fees will be charged.

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