“New Advanced AI is learning new capabilities at great pace. The Advanced AI operations can streamline business operations and devote in transforming Businesses unlock new Achievements and Automate their Routines. With Advance AI, Business can focus on drivers of Growth while AI providing Basic Routines required in Businesses.”
– Dr. Mauricio Soto, Head of Data Science, insightfactory.ai
Do You know AI is driving Business growth around the Globe? Are you also utilizing it to expand your business?
Since the Introduction to Generative AI in 2023 with the Launch of ChatGPT, there have been continuous Advancements in the field of AI. New Generative AI models demonstrates the capabilities in processing Images, Text, Video simultaneously for execution of a Task. Generative AI can now manipulate Text to perform some critical and complex operations which seemed impossible just one year ago. According to the latest McKinsey Global Survey 65% of Businesses are regularly using Generative AI – Double the number reported in Survey by McKinsey in 2023. The Trend of Adoption as per the McKinsey Global Survey can be noted in Below Figure, highlighting the growing Adoption and use of AI by Businesses over time. Gen AI has ignited as surge in the Adoptions of AI across different sectors and Industries. Same can be noted for Small Businesses with adoption of various AI driven Solutions in Accounting, Customer Relations, HR and more as noted in BPC’s latest report.
How AI is helping Businesses:
- Growing Business
Advance AI tools are capable of handling large volumes of data, helping businesses gain significant Advantages contributing to overall Growth of the Business. These AI tools can analyze market trends and share deeper insights, enabling better decision-making which is crucial for businesses. The Analysis of the Big Data by New AI Tools can easily be scaled to counter and align different parts of a business, while offering Critical Analysis of Market. These Advanced AI Tools can perform concept tests and gather valuable feedback to business and its operations, driving Extensive and substantial Growth of the Business.
Businesses around the World are used Advanced generative AI chatbots powered with all the relevant business data that can benefit Business Executives in making critical Decisions required in the business such as Where to focus Business efforts, What areas of business are under performing, how to drive more revenue and growth, and much more.
- Automate Business Routines
Businesses are leveraging AI capability to automate various parts of their business such as Customer Relations, Accounting, Marketing, and more. AI is evolving rapidly with whole new capabilities and advancements emerging Every day. These breakthroughs in Computer Intelligence, which seemed difficult to achieve a year ago. Within span of one year, Generative AI models such as GPT-4, Gemini, Anthropic and others are capable of handling large text along with images, enabling accurate task execution. These AI models are built with significant investment of capital and data and will continue to evolve with new functionalities and capabilities. This Advanced AI technology can be harnessed in a meaningful, cost-effective manner to automate your business operations.
Imaging using AI to automatically summarize of emails received by your business or respond to those emails, or generating Financial Reports Automatically or provide real-time answers to business questions using Real time data and much more. AI can easily Automate tasks that once required Human intervention, allowing employees to focus on much more important tasks contributing to the growth of your business.
- Optimize and Streamlined Business delivery
A survey by Small Business Entrepreneurship Council (SBEC) reports that AI tools have reduced business owner’s workload by a significant amount, with 67% of business owners identifying AI as useful tool to help their businesses in acquiring new customers, delivering better outcomes, and growing revenue. Integrating these AI Tools into your business will not only automate operations and tasks but also help you optimize Deliverables. With AI, Businesses can streamline processes, deliver outcomes faster, more efficiently and improve overall speed of business operations while Maintaining great Customer Relations. By Automating Processes, The Businesses can provide more valuable products and optimize the Business operations more effectively than before.
Conclusion:
As AI continues to evolve with new capabilities and advancements, its crucial for businesses to consider right AI solutions for business growth and optimization. These AI based Automation of Business process will streamline business operations while reducing Operational cost of businesses.
Make a Wise Decision, Get Automation Added to Your Business.