Jul 9, 2018
Posted in Accounting
Nowadays, almost every business gaze for advance technology over traditional basics as it accelerates the entire process in several ways. Regardless of time and money, businesses are getting ahead to join the pace of efficiency, productivity, and flexibility. The technique behind this ultimate succeeding pace is automation, which is known to be the foundation of the two hottest buzzwords of the technology world: Artificial Intelligence & Machine learning.
The evolution of both the technical aspects is not hidden from anyone and, therefore, businesses are eager to get this skyrocketing technology into their premises. Let’s see in what different ways businesses can leverage AI and enrich their processes.
When it comes to analytics, AI and machine learning can be used interchangeably. In today’s era, businesses can obtain optimum reach in the market by making use of analytic platforms which again, needs complete knowledge of machine learning. Such analytic platforms help you in determining how well your company is doing in the market by taking a deep analysis of the content you post, the social contribution you make and, the phrases you use.
AI also at its best in offering decisions to businesses by analyzing current market situation and facts. It is an advanced technology that studies a large amount of data (available on the Internet) and makes pre-programmed decisions according to the results of the input. If you have doubt about its intelligence, then AI algorithms are far better and faster than the human brain. Businesses can easily target a big area of the market by taking proper use of AI technology.
Most of the businesses have to deal with content branding, on a large basis, to add value to their marketing campaigns. AI allows businesses to make a perfect mixture of art and science; helps in creating brand-oriented content which ranks well on the Internet. Marketers can make strategic decisions that will resonate well with customers and offer effective results as well.
One best solution to accelerate Ad campaigns on the Internet is programmatic advertising. Predefined algorithms provide a complete analysis of the ad campaigns, including a number of reaches, reactions, and links created, which helps businesses to optimize campaigns effectively. AI platforms make an optimum combination of copy and creative that works well for Google and other social media sites.
Artificial intelligence not only helps in content branding or marketing but also facilitates proper ways to get done business projects faster. Member of Forbes agency council, Sunny Patel said, “In the interim, we are able to learn more about how AI, natural language processing, machine learning and big data tools interact internally before applying externally in the wild with a good sandbox environment.” while talking about AI ad tech.
Chatbots are one of the most advanced technologies in the customer communication sector, which is helping millions of businesses to make a sustainable relationship with customers. More like natural language processing, chatbots are offering on-point answers about brands to the customers. Talking about its cost-effectiveness; chatbots are cheaper than staffing a 24*7 customer service team. This AI technique deals with customers in a more realistic and conversational way.
With the proper use of AI, businesses can also elevate their linkages with consumers by analyzing some factors such as, “when consumers most frequently engage with email”, “what content is most beneficial to them”, “what channels they are most likely to engage with” and much more. Using the predictive data, businesses can change their marketing strategies according to consumers’ requirements.
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