Artificial Intelligence is quickly becoming a part of everyone’s lives, both in the consumer and business spaces.
It is widely being used in the consumer space in the form of:
The business space has gradually begun observing increased adoption due to the following reasons:
Many cutting-edge technologies have used AI to speed up data processing and refine the processes. AI is extensively being leveraged by finance and treasury departments for:
There are various benefits to reap from Artificial Intelligence such as:
To start your journey to implement AI and reap the benefits, you need to identify the areas where it can bring the most impact.
Identify the areas where the technology can bring a big difference before implementing it, and determine which problems are truly worth tackling.
Things to do before implementation:
Learn that AI is not capable of the following things:
To begin with AI implementation, 4 questions need to be asked:
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