6 Ways Artificial Intelligence Improves Business Processes

Artificial intelligence (AI) might still sound like a complicated, futuristic term for some of us. However, many businesses, software, and technology applications are already being powered up with artificial intelligence.

Business processes from production to digital marketing are all being greatly enhanced with the presence of AI.

There are also many other ways that AI helps businesses get ahead of the game, and we will be discussing some of them below.

Enhanced Factory Processes

Having robots in the manufacturing factories is not new, but the improved features are. With AI, you can improve robot features such as machine vision.

These robots can detect human motion and adjust their route, speed, or direction to avoid crashing into them.

Robots like this can also help with warehousing and logistics. New types of sensors with increased sensitivity paired with newly engineered machinery allows for plenty of heavy work to be automated.

You can program your systems as needed, and they will be ready to help you out on any tasks you need to run.

Automated Monitoring

AI can also extend to monitoring vital systems such as rail infrastructure from companies like Cordel, something you might be utilizing daily on your commute to work but not aware of.

An example of AI in rail infrastructure would be how each train’s route is precisely calculated and updated in real-time.

Additionally, AI also helps analyze the railroad assets, reducing the human resources and costs needed to inspect each section of the railroad works.

Instant Marketing

It can be challenging to maintain your Facebook page chat response rate at 100% or under 1 hour, which is where chatbots can come into place.

Chatbots can be set up to respond to specific phrases or queries with your pre-set answers, so you will not need to have someone available to respond 24/7.

Most chatbots platforms have an easy to understand, drag-and-drop interface, so you will not even need any programming knowledge to set them up.

Your customers would also be able to find out more about what they need on the go, instantly.

Improved Meetings

Siri, Google, and Cortana are just some of the samples of AI programs that can add an upcoming meeting into your calendars with just your voice.

These are readily available for most of the latest phone and laptop models and can be activated with a voice command as simple as ‘Hey Siri’ or ‘Hey Google’.

You also will not need to spend too much time typing up the meeting minutes when you have software capable of transcribing and recording as you speak.

So you can review the file later and tweak inaccurate transcriptions here and there.

Better Analysis

Thanks to AI and machine learning, businesses can preserve, analyze and act on big data collected through their digital assets, including their social media, website traffic, or e-Commerce store browsing and subscription patterns.

Machines can be programmed to perform deep-content analysis to help companies make and improve decisions.

There is software built to manage this data while also finding trends, patterns, and predictions that would take a long time without AI.

Businesses in the stock market or the finance industry would find this feature beneficial.

Refined Recruitment

Believe it or not, AI is now capable of filtering through your batch of job applicants for you. You can set up pre-interview questions and more for your applicants to answer from the comfort of their own homes.

A.I. will then analyze these responses and match them with your pre-set criteria so that you can proceed with the next interview stage with these promising candidates.

Your H.R. would thank you for saving their time for personally interviewing these candidates and assessing them manually.

Pymetrics carried out one previous instance of artificial intelligence for recruitment, and they were said to have saved over 70,000 hours in interview and assessment duration.