An intelligent technology can make your brand and business more intelligent. And, that’s already happening: AI or Artificial Intelligence based applications are built to revolutionize various sectors majorly business sector. They help in automating tasks and making it more efficient. And, for repeated return on investment, organizations and businesses should make perfect choices on when and how to introduce new and advance technology.
AI has already taken over business arena with its intuitive and highly engaging apps that help in multi tasking each and everything, right from cutting down costs to efficiently handling tasks. Artificial Intelligence can easily check deceitful transactions by flawlessly analyzing regular data trends and by leveraging few exceptional tools like biometric and iris recognition etc. Undoubtedly, Artificial Intelligence is the next big thing and will be in top charts in the coming years.
AI’s Key Strength – Personalized Customer Experience
We all are in a world where customer acquisition and attention span is just a few seconds. According to a recent study, more than 40% of the customers leaves website right away if it is taking more than 3 seconds to load. Today, even merchants and online retailers are experiencing challenges in reducing their shopping cart neglect ion. And, the reason behind to it is failure in engaging with customers.
Artificial Intelligence has successfully and completely penetrated into various industries including retail, healthcare, finance and marketing. And, in the near future, Artificial Intelligence will definitely empower industries including logistics, education, eCommerce and public sector. Artificial Intelligence is something new for its users and that’s why it is enticing users and enabling them to buy products that they have only thought of in their dreams.
Let’s see how to successfully implement AI in your Business:
AI’s potential for brands and businesses is huge. But, its successful implementation is the key question that every brand owner and entrepreneur faces. AI requires assessment in four levels-
- · Mitigate
- · Seclude
- · Substitute
- · Initiate
Mitigate– Since inception, technology enhances and eases up the work processes just by allowing employees to get engaged in a task that needs more skills. And, tailored approach allows brands and businesses in reducing pending tasks and allowing workers to shift towards more revenue generating tasks.
Seclude– The Seclude approach involves easy splitting up a specific job in order to decide which task needs automation and which is not. Machine learning can automate only a certain factors of the job, that too initially. But the decision of choosing the right task for automation is the only challenge that a business is facing.
Substitute– This involves a lot of belief and confidence. If the AI technology for human beings is substituted with the manual work, then work will be done faster and efficiently.
And, technology will do the whole work once performed by the chunk of individuals.
Initiate– By initiating AI in their regular tasks, employees are adding more to their skills.
So, the true assurance of AI is: properly twinning technology and human skills together in order to achieve faster and better results and doing what humans are unable to do alone all these years. And, the advancements and enhancements in medical and scientific research are the key samples of this approach.
As a leading Mobile App Development Company, we at Parangat, work with our clients to build robust, optimized, innovative and cost-effective AI mobile solutions across all the major platforms. Our extensive experience, apparent methodology and in-depth industry knowledge enable us to give you a technical hand and be your strategic partner in leveraging this dynamic mobile technology to increase business efficiency and maximize profit. Be it custom mobile application development, or Application Migration / Application Porting, Parangat, a top-notch mobile apps development agency, provides all app development and consultancy services, right from the ideation to launch. By employing latest project management techniques, best application development practices and top-notch UI/UX designs, we deliver end-to-end business solutions to meet expectations and maximize business profits.
Sahil Gupta
With roll up the sleeves, dive in and get the job done approach, it was year in the year 2010 when Sahil started Parangat Technologies. Emphasizing on a healthy work culture and technology driven company, he has successfully created a workplace where people love to work and live. He is a software engineer and a passionate blockchain enthusiast.