2 Easy Ways to Use Artificial Intelligence at Your Small Business

  • “AI is beneficial for process automation, and it has already helped companies enjoy more efficient operations. Using RPA (Robotic Process Automation), AI can help businesses delegate various administrative tasks that aren’t complex but extremely time-consuming.
  • There is now a deluge of consumer data available for you to collect, analyze, and use for your business’s benefit. However, many businesses (especially smaller businesses) find it challenging to use the data collected. This is because it is challenging to find actionable insights from large amounts of information.”

https://www.inc.com/peter-roesler/2-easy-ways-to-use-artificial-intelligence-at-your-small-business.html

Report: 91% of professionals say automation tools improve their work-life balance

“According to the latest survey by Salesforce, 89% of respondents said they are more satisfied with their day-to-day jobs after using automation tools, while 76% of respondents said they are more satisfied with their stress levels at work as a result of using automation solutions.”

https://venturebeat.com/2021/12/05/report-91-of-professionals-say-automation-tools-improve-their-work-life-balance/amp/

Report: 63% of millennials approve of automation in the workplace

  • “One of the bigger highlights from the study specifically focused on millennials, the largest generation in the U.S. labor force today, who are increasingly ready to work side-by-side with this technology. In fact, more than a third (35%) of millennials believe humans and machines can work together and 63% believe automation in the workplace is a good thing — especially if used to alleviate certain work burdens.”

https://venturebeat.com/2021/11/23/report-63-of-millennials-approve-of-automation-in-the-workplace/amp/

RPA vs. cognitive automation: What are the key differences?

  • “RPA is typically programmed upfront but can break when the applications it works with change.
  • Cognitive automation requires more in-depth training and may need updating as the characteristics of the data set evolve.
  • ‘RPA is a technology that takes the robot out of the human, whereas cognitive automation is the putting of the human into the robot,’ said Wayne Butterfield, a director at ISG, a technology research and advisory firm.”

https://www.google.com/amp/s/searchcio.techtarget.com/feature/RPA-vs-cognitive-automation-What-are-the-key-differences%3famp=1

5 ways AI is transforming the finance industry

  • “In case of the finance industry, artificial intelligence and machine language both have several applications. Chatbots, robotic process automation are some of the examples of such applications of AI in finance.
  • According to a report, using AI technology, financial sectors can save up to $447 billion by 2023.”

https://www.google.com/amp/s/thebossmagazine.com/5-ways-ai-is-transforming-the-finance-industry/amp/