Article Updated February 2022
The key to better business is better data. You’re probably already collecting and storing large volumes of data, but are you using data to drive your business? Using Artificial Intelligence (AI) is one way, machines analyze images, comprehend speech, interact in natural ways and make predictions with data. The opportunity for AI to change your business is happening right now. From creating powerful new customer experiences to optimizing your operations, AI can make your organization smarter and more efficient. Data drives business.
How Do You Unpack Your Data Strategy & Gain Valuable Insights?
With Microsoft – it has embedded AI capabilities into many products, including the Power Platform (Power Apps, Power Automate and Power BI).
Recent industry trends show that:
- 76% of retail companies say they’re targeting higher sales growth with machine learning.
- 95% of customer interactions will take place via bots by 2025.
- 69% of companies improved performance with AI beyond what existing analytic techniques were able to deliver.
- 84% of enterprises believe investing in AI will lead to greater competitive advantages.
AI can shorten or even eliminate the gap between data generation and decision-making. AI enhances interactions for more personalized experiences, leverages the power of data, and helps to find patterns to better shape your business.
Infographic | What Artificial Intelligence Can Do For Your Business Intelligence
Learn how and why companies are turning to AI to re-imagine business and customer management.
Bringing Business Intelligence Consulting & AI Strategy Together
It’s true, the lag between your business activities and reporting is a problem and it hinders the decision-making process. The same goes for data siloes as they can prevent a big picture view of the business. So, what do you do when there is the disconnect between data and the business. That’s where leaning on an expert in business intelligence consulting can be a great first step. Data strategy consultants, like Convverge, can find the opportunities in your business and show you how to leverage the opportunities available with such technologies as artificial intelligence. The goal by working with a data consultant is that you can get something like AI working for you so that your organization can be more efficient and help transform your business. Want to know more, let’s talk!