Top 5 Artificial Intelligence Software that Can Help Enhance Your Business Practices
Today, numerous entrepreneurs and consumers seek a more efficient exchange of transactions. With technology continuously evolving, several artificial intelligence (AI) software are readily available to help your business operations become more streamlined and well structured.
AI gives various advantages that can improve both small and big enterprises by saving time and enhancing their business practices. They can make data-based decisions making, communicate with users, and a lot more. AI is beneficial as it enhances human capabilities changing the way we usually work. To help you, we provided a list of effective AI Software you can take advantage of for your business needs.
What is AI Software?
AI software is an electronic application capable of doing human-like activities such as learning, reasoning, and problem-solving. That said, AI will be able to help organizations become more efficient as it enhances the delivery of daily operations.
Going deeper, different types of AI software can help automate tasks to achieve a smoother operation. These include the following:
- Robot Process Automation (RPA). The bots of an RPA software can execute rules-based business processes such as addressing inquiries, admin tasks, and transactions. The best thing about RPA is that it can work around the clock, nonstop, and quicker.
- Cognitive Insight. Cognitive Insight is the use of deep learning to assist entities in noticing important patterns in substantial volumes of data and deciphering their meaning to foresee the results.
- Cognitive Engagement. This type of software uses natural language processing (NLP) to help businesses personalize their techniques and effectively engage their target market.
AI is certainly becoming a key feature of today’s digitization trends and when used to its fullest potential, it can provide plenty of benefits for a smoother-running merchant-customer transaction.
Top AI Software for Your Business
There are several AI software available that you can use to simplify and streamline your business processes. Incorporating AI into your operations can reduce your business cost as this lessen the need of hiring several people for a simple task. Below are some of the AI software you can use to shift to a more efficient business process:
Microsoft Power Automate is an RPA software that helps its users automate tasks to achieve a faster and more efficient workflow. Its capability to automate business processes creates productivity throughout the entire organization.
Moreover, automation with Microsoft Power Automate is easily and swiftly created. That said, users with little knowledge of Office 365 can make simple automation that can assist them in making their daily business life trouble-free. Users that wish to use Power Automate would have to pay for a subscription starting at $15 to $100 monthly, depending on the AI service included in the plan.
Microsoft provides automation processes such as the following to ensure a more hassle-free workflow:
- Daily, weekly, and monthly action reminders
- Notification for sales team with regards to new opportunities and deals
- Usage of low-code, no-code, drag-and-drop tools, and a multitude of prebuilt connectors to create automated processes
- Organize documents
- Thousands of pre-built templates to automate various business processes
These are some of the available features of Microsoft Power Automate. Utilizing it can save you from numerous inconveniences such as forgetting emails, new sales opportunities, scattered documents, etc.
Google Cloud Machine Learning (ML) allows the data to teach the system to solve certain problems through the use of machine learning algorithms. Many businesses rely heavily on big data processing for decision-making. Utilizing ML can help you create a more informed and accurate data-driven decision for your business needs.
The price of Google Cloud depends on the service you’ll get. Users who plan on using Google Cloud for their businesses may request a quotation to know how much they’ll be paying for the type of service they need.
In addition, Google Cloud serves companies with numerous advantages such as the following that can help with your company’s work operations:
- Sales Optimization. Customer data can instruct ML algorithms for sales forecasting analysis, customer behavior prediction, consumer review analysis, etc.
- Customer Service. Chatbots and automated virtual assistants are possible with ML to create a routine for customer service tasks to hasten problem resolution.
- Digital Marketing. ML can be beneficial to marketing since it can help identify prospective and new customers and provide the proper marketing materials to your target audience.
- Fraud Prevention. For financial organizations, ML also offers fraud prevention in which all transactional data are being reviewed in order to prevent and identify suspicious actions immediately.
- Security. Enterprises can maximize the use of softwares in threat analysis and respond to hackers, cyber attacks, malware, and other suspicious cyber risks.
Companies can use Google Cloud to automate and secure transactions. Doing so can cause a safer and more secure work environment for both employees and consumers.
Automation 360 is an intelligent RPA software that lets businesses automate tasks all over their system. It also uses Automation Anywhere Robotic Interface (AARI) to automate back and front office operations.
Automation 360 offers a wide range of automation services that can help enterprises achieve smoother and more convenient business operations, such as:
- Increase customer satisfaction through issue enhancement and immediate resolutions using front office automation.
- Turn complex manual processes into a smoother and trouble-free back-office automation.
- IQ bot uses AI and ML to make unstructured data into functional digital advantages.
- Automate repetitive processes by incorporating automation in employees’ daily operations.
- A private bot store is readily available for users to source the best bot ideas and practices.
By utilizing Automation 360, companies can automate numerous tasks to enhance their security, rapidness, and innovation. Incorporating it into your business operations allows you to maximize business processes.
Salesforce Einstein is the latest product of the leading Customer Relationship Management (CRM) company, namely Salesforce. Through the performance of Salesforce Einstein Analytics, extraordinary recommendations, insights, predictions, and so on can be made to better understand the consumers. The cost of the CRM services of Salesforce Einstein varies depending on the analytics that will be performed, their plans range from $75 to $150 per month.
Businesses are highly dependent on data. Properly collecting, analyzing, and concluding data is imperative for companies seeking to enhance and maximize campaigns and business decisions. Salesforce Einstein provides several benefits that can help your company with data gathering:
- Explore customer data easily to give your organization detailed numbers that you may use for future references.
- Access important Key Performance Indicators to ensure successful strategies.
- Built-in tools are available to make data insights into aesthetically and informative pleasing visuals that can be used for presentations.
- Review team performance in real-time to identify and develop struggling areas.
- Can provide the team with a vision and objectives they can strive for based on data that has been collected.
These are just some of the analytics services Salesforce Einstein can provide. By utilizing this software your company can build better and more accurate data-driven strategies to improve your organization’s workflow.
Splunk Enterprise is a software that has predictive tools that enable companies to turn the gathered data into answers. By utilizing it your organization can have a more data-driven workflow.
Moreover, Splunk has the ability to monitor and process data in real-time. Cyber security is also present and available in this software making your data more secure. Just like the other software, the pricing of Splunk Enterprise depends on the services you’ll avail. It starts at $40 per month.
Splunk offers numerous analytic advantages companies can maximize such as:
- You can use visual metrics to get answers rapidly.
- You can automate tasks such as gathering, indexing, and alerting data.
- Consume data from different sources like interactions, devices, systems, etc.
- Utilize AI and ML for a more data-driven business decision to strengthen IT and security.
- Personalized tools and integrated technologies permit access to algorithms in order for you to launch more intelligence to data.
Splunk offers numerous analytic systems that can help your business be more automated. Machine learning capabilities are also present to give you data that you can utilize in your daily operations.
Integrate AI Software in Your Business Processes
Nowadays, numerous companies are incorporating AI into their business system, giving them the convenience their customers and employees want. Utilizing AI and ML to its fullest potential can create bigger opportunities since it helps with accurate data gathering that can be used for your business decisions.
If you find integrating AI into your business operations challenging, you may seek help from business consulting firms to help you set up an AI-infused system to ensure a smoother and easier workflow.
