6 Important Applications of Artificial Intelligence

The output of a business organization depends on the collective effort of its workforce. While inducting qualified employees in a company may sound like a smart idea at the outset, it is not above its share of downsides. For instance, an employee may work diligently all the time due to illness or simply because they are not in the right frame of mind.

However, such issues can be addressed with ease by employing machines to take care of some common tasks such as visual perception, interpretation of languages, decision making and speech recognition which normally required human intelligence. This process of the simulation of human intelligence by machines is called artificial intelligence (AI).

Since its emergence, AI has introduced dramatic changes in the business landscape. Despite its humble beginnings in the form of a rule-based automation, it has come a long way over time to develop some advanced features such as imitating human interaction. Apart from its capability to think like human beings, artificial intelligence has transitioned into a unique technology due to some other reasons such as reliability and better speed.

Applications of Artificial Intelligence

In the past, the success of a business depended on the skills and willingness of its labour force to a greater extent. But at present, the same has been replaced by AI. Across the globe, businesses are leveraging it to not just optimize the process but to also generate greater profits and revenues. Some of its important uses are given below.

1. Chatbots: The major use of chatbots is to ensure streamlined analytics by means of conversations on smartphones and other mobile devices with the use of voice-enabled interfaces and standard messaging tools. Chatbots help minimize the length of time necessary for the collection of data pertaining to business users to help the companies meet their data requirements.
2. eCommerce: As far as eCommerce is concerned, AI software leverages its machine learning capability to tag, organize and search visual content by labelling the features of a video or an image.
3. Workforce Communication: Stuffed with numerous tools, channels, solutions and content, business communication currently deprives individuals of achieving business targets as well as striking the right balance in their work life. AI enables individual personalization by improving both internal and external communication to bring about a higher degree of focus and productivity.
4. Human Resource Management: HR not only consists of top quality data but also constitutes one of the core areas of a company that feels the obligation to execute tasks in a timely manner. Artificial intelligence helps assuage concerns linked to human resource management by saving both time and hassle with regard to tasks such as screening, data entry and paperwork.
5. Healthcare: As a reliable solution to the management of data of patients, AI enhances consistency and predictability to improve patient safety. Though it works in collaboration with human effort, it maximizes the efficiency of doctors and nurses. This, in turn, augurs well for the health and well-being of patients.
6. Supply Chain and Logistics: By merging analytics and customer data together, physical artificial intelligence improves the customer experience in connection with supply chain and logistics. Robotic picking systems and autonomous trucks make is simple and easy for supply chains to fulfil the requirements of a business and its customers with days or weeks.

Thus, artificial intelligence is prevalent in all walks of business. Thus, business owners leverage this technology in the best possible manner to move in the market and catch up with its competitors.