AI accelerators can democratize technology. We predict that by 2025, AI leaders will be ten times more efficient than and hold twice the market share of organizations that fail to embrace the technology.
As we enter the new decade, the question really is how businesses adopt new capabilities that will help them be agile, customer centric, innovative and cost sensitive at the same time.
Machines and people, working in concert, will be critical to the success of tomorrow’s ERP systems and enterprises.
Backed by the Reserve Bank of India, it’s an ambitious approach that combines privacy protection with credit reporting: if it works, it could unlock the credit market for millions of Indians while offering new levels of data security and consumer control.
“Our government believes artificial intelligence, in different forms, can help us achieve the $5 trillion benchmark over the next five years, but also help us do it effectively and efficiently,” Goyal said while inaugurating the NSE Knowledge Hub here. The hub is an AI-powered learning ecosystem for the banking, financial services and insurance sector.
Whether you are a startup or a large organization, follow these tips to build your digital identity.
Digitally determined businesses are those that have the bigger picture in mind and plan a roadmap towards advanced changes with a view of the entire business.
Businesses with no online store have limited growth opportunities.
The Ministry of MSMEs offers the International Cooperation Scheme which helps fund MSMEs to participate in international exhibitions and events to get access to the latest in technology.
Both AI and ML are touted to give businesses the edge they need, improve efficiencies, make sales and marketing better and even help in critical HR functions.
For businesses looking at using technology and automation, the key is to identify the functions that need tech intervention, the efficiencies and results it can provide and the level of disruption the transition process is likely to create.
To become a smart business, organizations must enable as many operating decisions as possible to be made by machines fueled by live data rather than by humans supported by their own data analysis.
YouTube is also suited for businesses that want to churn out videos related to How-To’s or guides and not merely display in nature.
While a plethora of innovations are available right now, companies need to carefully adopt these while ensuring customer trust.
Business owners now need to start looking at technology as a boon, which can take care of the processes, and allow them to focus on their customers, on their revenues and on their business growth.
The Ministry of Magic's flying interdepartmental memos are fantastic, but sadly Muggles like us cannot use them. Luckily for us, when it comes to workplace communication, technology has always been a part of the conversation.
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