30
Sep
2020

What are the Various Areas that Need AI Applications?

Artificial intelligence is a lot more than what’s used to make smartphones smarter and house assistants efficient. AI is becoming an intrinsic part of various organizations in all industries. From medical to eCommerce, AI plays a vital role in helping the management and employees in increasing the quality of work by becoming efficient. It also reduces the time taken to complete the task, thereby shortening the product cycle and delivery time.

The main aim of using AI is to simplify the business processes, improve the quality of products and services, increase employee productivity, enhance customer satisfaction, and increase ROI. For this to happen, AI tools will have to be used in not just one department of the enterprise, but in all of them. Be it accounts, sales, or customer service, artificial intelligence software can be integrated into the existing software and management tools to automate their processes and make them better.

AI applications

The Leading Ai Companies in the market provide different artificial intelligence tools and applications that cater to different requirements of the enterprises. The companies help enterprises in understanding the business needs and suggest suitable AI tools. The software solutions can also be customized to provide the best possible results for the enterprise. If an enterprise wants to become successful in implementing and adopting AI, it should find a correct AI company to guide it at every stage of the process.

In this blog, we are going to take a look at the various fields and areas where AI is creating a significant difference and providing new opportunities to excel.

  • Retail and eCommerce
    • Whether it is an offline store or an online marketplace, AI helps retailers in keeping track of customer purchases and specifications. Recommending products based on purchase and browsing history is something we see in the famous eCommerce marketplaces. It’s done using AI tools like machine learning algorithms and natural language processing. Similar software is used in the sales department to identify potential leads, follow them up, and close them successfully in less time.
  • Security Management
    • AI in security uses machine learning to recognize and analyze the images and videos captured by the cameras. The software helps in identifying faces, vehicles, and movements from a given image or video. This helps not just enterprises but also the law enforcement department.
  • Manufacturing
    • Manufacturing and production is that one place where AI is seen prominently. Automating the production process will reduce the time taken to perform the recurring tasks and shorten the production cycle. Quality control can also be automated by setting up key metrics in advance. This will eliminate the bottlenecks in the process and cut down the percentage of broken/ rejected products at the manufacturing level.
  • Medical and Research
    • Whether it is using robotics and robot assistants during surgeries or empowering machines to correctly diagnose the ailment, AI plays a vital role in the field of research and medicine. Analyzing a patient’s condition, understanding the symptoms, monitor the health and progress of a patient, studying how a drug is working, etc. are some ways in which artificial intelligence applications help doctors and scientists.
  • Warehouse Management
    • Most enterprises prefer third-party warehousing services due to the cost advantage. The 3pl providers need to use the right software to manage the stock, predict how and when the stock will move, and how to accommodate maximum stock in limited space. This data is shared with the individual clients of the logistics companies so that they can manage and plan their production and sales.
  • Supply Chain and Logistics Management
    • Though warehousing is a part of the supply chain, the focus here is on transportation and deliveries. Traffic mapping, street mapping, finding alternate shipping methods, driver rotation, using driverless trucks, sending real-time alerts to clients and customers, sharing the tracking information at all times, etc. are some ways in which AI helps in the supply chain management.
  • Virtual Assistants
    • Siri, Alexa, and Google Home are the best examples of virtual assistants. Enterprises create similar chatbots and assistants on websites and in the office. The VAs help employees and customers by providing them with the required information. Chatbots automate customer support by being online 24*7 and recording the chats, complaint token numbers, and adding them to the ticket system for the support staff to solve the issue.

The Leading Ai Companies are famous for equipping enterprises with the required software and training to use the latest technology effectively. The ultimate results depend on how well the management and employees can make use of AI tools to achieve their goals.

Artificial intelligence is helping mankind in numerous ways to automate things for better control and accessibility. While AI has its disadvantages, we cannot deny that its presence has made life easier in more ways than one.

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