
How AI can Enhance Business Processes
Organizations need to be better able to cope with the rising challenges, and Artificial Intelligence (AI) is here to provide the solution. AI technology has been around for several years but only recently made the much-needed breakthrough.
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CIO Applications Europe | Tuesday, September 01, 2020

Organizations need to be better able to cope with the rising challenges, and Artificial Intelligence (AI) is here to provide the solution. AI technology has been around for several years but only recently made the much-needed breakthrough.
Fremont, CA: The COVID-19 pandemic has left businesses searching for new ways to transform their business. Rest assured, things will not be the same as they once were. Companies have been forced to rethink and reinvent their strategies to meet the changing landscape of business and meet the customer's increasing demands. The hour's need is to find new ways to make businesses more efficient, streamlined, and cost-effective. Organizations need to be better able to cope with the rising challenges, and Artificial Intelligence (AI) is here to provide the solution. AI technology has been around for several years but only recently made the much-needed breakthrough. The technology is versatile and has proven to come in handy in various precarious situations for companies. The scalability of technology has made it easily applicable to multiple industries. AI-driven automation is now helping companies achieve new targets and more.
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Improving Meetings
While meetings cannot be eliminated altogether, AI technology can indeed help eliminate the tiresome admin that participates before, during, and after meetings. The coronavirus disease has taught us the need top stay connected with one another, even if it is from a distance. Voice assistants like Google Duplex can be used to schedule appointments. AI technology also offers solutions that listen in on meetings and capture the key highlights and actions and create and share actionable notes later. Similarly, AI tools are designed to capture client calls, transcribe the entire conversation, and automatically summarize the essential items and actions.
Enhancing Sales and Marketing
Traditional CRM solutions are now being enhanced with the help of AI technology. AI analytics enables sales teams to generate valuable insights automatically. For example, Salesforce's Einstein AI technology can help predict which customers will likely take their custom elsewhere. With this kind of information at their disposal, sales teams can focus their time and energy on more critical tasks. The evolution of chatbots has helped companies boost sales, drive revenue, and expand their audience. For instance, Marks and Spencer added a virtual digital assistant function to their website to help customers solve common issues. This small addition has reportedly saved the company millions of pounds worth of sales that would have been otherwise lost. With the help of chatbots, the company prevented frustrated customers from bouncing off their website.
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