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Artificial Intelligence Offers Ways for Companies to Boost Efficiency

  • Artificial intelligence gives companies the ability to automate certain processes, improving their efficiency
  • Technologies can be used to assess a business’s practices, find new customers, and improve customer service
  • “Cobots” become more prevalent in manufacturing

Improving efficiency in your company’s operations can lead to a most cost-effective business model and allow you to better adapt to a changing market. Bernard Marr, a strategic business and technology advisor, recently wrote in Forbes about ways companies can capitalize on artificial intelligence to streamline their efforts.

Some AI tools allow business owners to assess or improve their performance, such as software that transcribes meetings and captures the key points and action items, or tools to determine where customer service needs improvement. Predictive AI can enhance marketing and sales by determining which customers will be most loyal to your products or services.

Automation processes can save time by producing designs or content. Collaborative robots, or “cobots,” have become more prevalent in manufacturing, operating alongside a human workforce and adjusting their actions accordingly to allow for more seamless workflow.

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