AI or artificial intelligence was merely a concept for a really long time. But the past few years have proven to be the golden era for the growth and expansion of this technology.
From automation benefits to the ability to minimize errors, adoption of enterprise AI platform brings a whole lot of perks for businesses small and big. But then why are some businesses still debating whether or not to go the AI way? This could be because of the many misconceptions that still exist. So, let’s look at the truth behind the most common myth associated with the use of an AI platform, or AI technology on the whole, for enterprise applications.
1. You only need AI if you are looking for automation
Though automation is one of the biggest strengths of AI this is not the only benefit it offers. You can use AI solutions for more jobs than automation. When this is understood, the common notion that AI in the workplace leads to unemployment will be broken. The real deal is that AI makes it possible to replicate human effort and also allow machines to take over the strenuous tasks and the repetitive ones that actually take up too much of the precious time of the human resources. With AI robotic process automation takes a whole new turn with intelligent process automation where feedback loops can be integrated for a more sensible automation line.
2. You need to start with AI solutions for several projects if you need results
You should look for projects that are of good value and the ones that need the adoption of a new technology the most. There might be critical projects where there are several hurdles slowing down the growth or perhaps ones where there are a lot of problems due to data handling and data processing. These are examples of projects to target first. Though scaling AI comes with its own challenges, it is pretty simple when you tackle it with a strong strategy in place. So, start small and accurately evaluate the success of the concept and its relevance right at the pilot stage. You can then replicate a similar model but in a more personalized manner for other projects.
3. AI solutions deliver quick results
How fast you see the results depends on the efficiency of the artificial intelligence platform you use or the model you have created. Like all other technologies, this one has a wait period where your existing infrastructure needs to be perfectly aligned with the new implementation and the people and the processes should also settle in without friction. AI solutions are no shortcuts to a business’ growth but a strategy for future-proofing the processes. The thing about machine learning and other AI technologies is that they get better with use. The more the algorithm processes and gathers your data, the better it learns and adapts for improved accuracy.
4. Only tech firms and businesses in the IT sector might need AI solutions
Even the industries with traditional processes now rely a great deal on technology. Any industry that relies on gathering and processing data, any business that uses the internet or any other communication technology for its processes will benefit from AI solutions. Or in short, AI is for all kinds of businesses and all sizes of businesses as well. Also, if you wait until you think your business is ready for AI adoption it might already be too late. You lose the competitive advantage. Now that the tech is still in its nascent stages, it would be a great time to evaluate the ways in which you can use it to improve your processes.
5. AI is just another expensive tech trend
Within the past few years from the significant growth that businesses have attained with the incorporation of AI solutions, it has been established that it is not a fad to ignore. It is here to stay. The concept of super-intelligent machines that make autonomous decisions and completely replace human beings might be far-fetched. But AI is not a tech trend you can miss out on. And it is not as expensive as you think. Ask a small business owner who has managed to significantly increase his customer base merely with the help of the chatbot he integrated and you will understand how beneficial this tech can be. Consider the profits that some large businesses have made by utilizing AI solutions in marketing and you will be convinced that this is one of the most promising tech trends to invest in.
If your business is still not part of the AI race, now would be the right time to consider. Whether you would like to purchase ready to use AI solutions for your business or outsource the job to the experts to get the most personalized AI solution for your business the choices are plenty. A little research into the plausible use cases for your business will make you realize how many gaps can be filled and how much your business can grow because of the adoption of this technology.
Nishant Tomer is a freelance writer, content promotion specialist, and social network marketing specialist with a 2-year of experience. As a Blogger, He is sure that viewers are interested in a very genuine content which are informative as well as updated according to trend and what is going on. He has worked with many websites.