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Scaling AI for Enterprise Operations
03 Jun,2019
The leveraging technologies like artificial intelligence (AI) have been helping the enterprise to scale up their business including their operations. AI has great potential to help enterprises to adapt to new dynamics.
Enterprises need to scale up their operations to survive and remain competitive. Organizations need to focus on large-scale changes in the operations process to achieve productivity and excellence. Of late, the changing or moving into digital transformation is the necessity for any business. The leveraging technologies like artificial intelligence (AI) have been helping the enterprises to scale up their business including their operations. AI has great potential to help enterprises to adapt to new dynamics.
The operations in any enterprise aim for organizing the process and enhancing productivity. The process will be optimized with the implementation of latest technologies like AI along with innovation.
Why AI for Enterprise Operations?
End-to-End Visibility: There could be lots of reasons for implementing AI in enterprise operations. But, the foremost and ultimate cause is end-to-end visibility. In other words, enterprises need to implement AI for their end-to-end visibility or to reduce all middle processes to achieve the ultimate goal. Without depending any other process or vendor to achieve, this sort of implementation is needed to keep a tab on all the process from beginning to end.
How to scale up AI in Enterprise Operations?
There could be many ways to implement AI in enterprise operations. The road of technology adoption is not easy for the enterprises as for this, they need to eliminate their manual process, which they have been following for a long time. When it comes to scaling up the AI in the operations, enterprises could focus on following few areas to achieve their giant tasks.
Automation: The technology adoption will not only make things faster but also automate the entire process. The automated solutions being offered by software companies could replace the manual process. Many enterprises fail to move to complete automation because of the failure in the implementation. The real cause is ‘lack of domain knowledge or expertise.’ The software company which develops the AI-based solutions must have the domain expertise to design and implement the solutions successfully. For example, implementation of ERP Software could eliminate manual processes in departments like HR, accounting, sales, and manufacturing. But, if the ERP is implemented or customized without taking the real business process or the business into considering, it will never be able to eliminate the manual process, for sure. On the contrary, such applications could be dangerous for the process.
Customer Experience: The next big area to be focused on is the customer experience. Enterprises can achieve excellence by improving the customer experience. The latest technologies like AI can help enterprises to craft highly – personalized customer experience. AI will be useful in understanding customers’ behavior, customer insights, and market trends. This will be useful in monitoring and predicting customer’s sentiments.
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Team Engagement & Retention: The team is very important for any enterprise. The implementation of artificial intelligence in HR activities is highly essential. It will not only transform the hiring operations but also streamlines the processes. Similarly, employee engagement is a must for the organization to bring remarkable changes. AI is useful in boosting employee engagement and retention. AI-tools could be used by enterprises to understand employee engagement and could also be used to frame many innovative models based on the projections and predictions.
What are the benefits of implementing AI?
Next question comes – why it is important? In other words, what the enterprises are going to achieve from AI implementation. The technology implementation is not a one-day process, meaning it is not a short-term process. The vision should be clear and enterprises must look for the outcome from the implementation, which will benefit these organizations in the following two ways:
Analysis: Most of the business fails not because of the technologies; in fact, they fail because of the lack of domain expertise - either the company develops solutions for them or the management which handles the entire business without having the domain expertise. Both the cases are dangerous for the enterprises. There could be fair chances that software developed without domain expertise is not useful in business. The enterprises cannot rely on such applications as these would not give them the right analysis. AI-enabled applications developed with proper domain knowledge will give enterprise to the right analysis, which will be useful in business transformation.
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Prediction: Right prediction could save money and time. With having a manual process and traditional approach in business, most of the enterprises do their business based on speculation only. But, the implementation of AI will give them an edge over their competitors as they can predict the business and able to achieve set milestones faster. Enterprises could get better predictions using the AI-based application for their business and accordingly frame their business decisions for better results.
AI-enabled solutions can transform the entire operations. The right solutions designed by domain experts will give better insights into business and useful to scale up the business processes.
For any sort of AI implementation, please feel to write to us at speak@quocent.com. Please follow us on Social Media: Facebook, Twitter & LinkedIn.
Enterprises need to scale up their operations to survive and remain competitive. Organizations need to focus on large-scale changes in the operations process to achieve productivity and excellence. Of late, the changing or moving into digital transformation is the necessity for any business. The leveraging technologies like artificial intelligence (AI) have been helping the enterprises to scale up their business including their operations. AI has great potential to help enterprises to adapt to new dynamics.
The operations in any enterprise aim for organizing the process and enhancing productivity. The process will be optimized with the implementation of latest technologies like AI along with innovation.
Why AI for Enterprise Operations?
End-to-End Visibility: There could be lots of reasons for implementing AI in enterprise operations. But, the foremost and ultimate cause is end-to-end visibility. In other words, enterprises need to implement AI for their end-to-end visibility or to reduce all middle processes to achieve the ultimate goal. Without depending any other process or vendor to achieve, this sort of implementation is needed to keep a tab on all the process from beginning to end.
How to scale up AI in Enterprise Operations?
There could be many ways to implement AI in enterprise operations. The road of technology adoption is not easy for the enterprises as for this, they need to eliminate their manual process, which they have been following for a long time. When it comes to scaling up the AI in the operations, enterprises could focus on following few areas to achieve their giant tasks.
Automation: The technology adoption will not only make things faster but also automate the entire process. The automated solutions being offered by software companies could replace the manual process. Many enterprises fail to move to complete automation because of the failure in the implementation. The real cause is ‘lack of domain knowledge or expertise.’ The software company which develops the AI-based solutions must have the domain expertise to design and implement the solutions successfully. For example, implementation of ERP Software could eliminate manual processes in departments like HR, accounting, sales, and manufacturing. But, if the ERP is implemented or customized without taking the real business process or the business into considering, it will never be able to eliminate the manual process, for sure. On the contrary, such applications could be dangerous for the process.
Customer Experience: The next big area to be focused on is the customer experience. Enterprises can achieve excellence by improving the customer experience. The latest technologies like AI can help enterprises to craft highly – personalized customer experience. AI will be useful in understanding customers’ behavior, customer insights, and market trends. This will be useful in monitoring and predicting customer’s sentiments.
Team Engagement & Retention: The team is very important for any enterprise. The implementation of artificial intelligence in HR activities is highly essential. It will not only transform the hiring operations but also streamlines the processes. Similarly, employee engagement is a must for the organization to bring remarkable changes. AI is useful in boosting employee engagement and retention. AI-tools could be used by enterprises to understand employee engagement and could also be used to frame many innovative models based on the projections and predictions.
What are the benefits of implementing AI?
Next question comes – why it is important? In other words, what the enterprises are going to achieve from AI implementation. The technology implementation is not a one-day process, meaning it is not a short-term process. The vision should be clear and enterprises must look for the outcome from the implementation, which will benefit these organizations in the following two ways:
Analysis: Most of the business fails not because of the technologies; in fact, they fail because of the lack of domain expertise - either the company develops solutions for them or the management which handles the entire business without having the domain expertise. Both the cases are dangerous for the enterprises. There could be fair chances that software developed without domain expertise is not useful in business. The enterprises cannot rely on such applications as these would not give them the right analysis. AI-enabled applications developed with proper domain knowledge will give enterprise to the right analysis, which will be useful in business transformation.
Prediction: Right prediction could save money and time. With having a manual process and traditional approach in business, most of the enterprises do their business based on speculation only. But, the implementation of AI will give them an edge over their competitors as they can predict the business and able to achieve set milestones faster. Enterprises could get better predictions using the AI-based application for their business and accordingly frame their business decisions for better results.
AI-enabled solutions can transform the entire operations. The right solutions designed by domain experts will give better insights into business and useful to scale up the business processes.
For any sort of AI implementation, please feel to write to us at speak@quocent.com. Please follow us on Social Media: Facebook, Twitter & LinkedIn.
Take a closer look
See for yourself how our ERP and CRM Solutions help your business grow.
Learn More