Artificial intelligence is a term often used in the world of internet. Today technology has replaced several working of our daily routine. Citizens of establishing countries are now salve of all these innovations. They can’t assume to live without them. Even sub-standard regions are also using such tech and up-bring the nation.
Understand Artificial Intelligence (AI)
It is a branch of science. As you can identify through its name that it is an intelligence or working efficiency constructed artificially. AI is an excellent result of human efforts. It has been created for personal assistance purpose. The comfort in various industries is based on the efficient response after the collection of data.
Does it Useful for Business Growth?
AI is influencing almost every walk of the daily schedule. There are a lot of examples of routine work that is now easily handled by mankind. We cannot assume any task with them. Washing machine, hand blender, oven, vacuum cleaner, tea/coffee/sandwich maker, etc. are common examples of all the AI-based appliances.
How is AI Helpful for Business?
As I said that artificial intelligence is impacting various areas of our routine schedule, it is also benefiting any kind of industries either related to product-based or services. The way AI is providing an advantage is mind-blowing. Some of the fruits are as under:
1. Several Task
With the help of technology, a single man can capable of performing numerous tasks at a time. It depends upon the size of any corporation. It the working capacity is too much then surely such a company needs a massive machine to complete a large consignment quickly. For example, a time scanning machine installed at the gate of the firm. It is responsible for recording the incoming and outgoing time of each employee thus, manage full payroll functionality.
AI has upgraded many activities regarding marketing. Brand awareness, product features, service characteristics, facilities, and advertisements are now controlled via several tools established for commercializing purpose. Google AdSense, social media business pages, video portals, pitching emails, and so on are various tactics of marketing.
Nowadays, the efforts put on paper medium become minimal. Moreover, TV commercials are necessary for elder and old age people who do not like to spend time over smartphones.
3. Customer Care
Those days have been gone when people assign a girl on the entrance desk of the firm. Somewhere boys were appointed for that position. Their duty is to provide any kind of information a client wish to inquire prior to proceeding further.
But today, the live chat and customer care online tools provide too easy assistance. Numerous companies have integrated such system. People prefer to ask any question regarding services, product, policy or anything they desire from an online customer support agent. If they satisfy then visit the store physically or place the order through online means.
4. Payment Processing
Did you remember that if any of us have to send cash to a person lives far away, how much difficulty we have to face? But right now the problem has been resolved so diligently that we never think before. PayPal, online credit card payment processing, and debit/credit card swapping are some of the quick and fastest methods.
Although, there are threats of fraud transaction still people are using an online medium with full security to remain safe.
5. Online Sale/Purchase
Innovation and technology pull the stores so close that it seems like opening in our own houses. Furthermore, the stores are now open according to my wish. Smartphones make them simple. Android and iPhone mobile sets are bringing the internet in my pocket. The result is that industries are now displaying their showcases 24/7 over website and apps.
Citizens of any society shop anything from any store without leaving home. This feature is also advantageous to visit a number of stores in a few minutes to compare characteristics of product, brand, and services.
6. Keeping Records
Maintaining records was a time-taking and a detailed process before the recent century. A particular man was assigned to perform this job. A lot of books were managed to achieve this target. However, now apps and software are the replacement of all those struggles. Functions and systems have been created so nicely that a user/manager can view the data through a distinct view. In fact, it can be possible to see the report in custom format by developing the codes according to personal requirement.
What About Jobs?
When I noticed that inventions are now playing role part of human in factories and corporations, firstly I thought that they are just assisting medium. Then, more research leads to a change in my perspective. And I am assuming that a time will come when few labors are working to operate such tech while others would become jobless. But now I conclude by changing my misunderstanding that how much we grow the demand for literacy may be increased. So, I become relaxed now.