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Artificial Intelligence Chatbots

4 Ways AI Is Effective For Your Small Business

As we entered the 21st century, we saw many amazing and top notch technologies come into existence. These were something that we couldn’t even imagine, making impossible things possible for us. Technologies that we had only seen in movies like Star Trek and Star Wars. Hand-held devices that would open a portal to the entire world, people talking to gadgets fixed on their wrist, and so much more. Ever since these technologies hit the market, they changed the way we do business. These include AI (Artificial Intelligence), VR (Virtual Reality), 5G, and so much more. 

One of the most anticipated and the most revolutionary technologies among them is AI. Businesses across the globe are rushing to apply this technology to their business model and automate parts or all of their business. AI has a lot of potential and AI based solutions can really bring a disruption to the market, the scale of which we have never seen. This includes things like automating customer communications as well as finding out the best product suitable for the market, and others.

AI is not only meant for the big companies and the huge conglomerates, but for every business out there. The CEOs of small and medium businesses were asked questions about AI and a survey was conducted. Out of all of them 29.5% said that AI is going to impact their businesses a lot in the next year. You too can find an IoT app development company that offers AI facilities and hire them to take your business to the next level.

Many small to medium business owners are going for Artificial Intelligence App Development because they know that apps are the next big thing and so is AI. But apps are not the only way that AI can benefit small to medium businesses. SMB owners can benefit from AI with:

  • Less time consumption
  • Less cost
  • Better results
  • Enhanced productivity
  • Less risks
  • And more.

Here are four ways artificial intelligence can be really effective for your small business.

1. Improve Sales and Marketing

Sales and Marketing
Improve Sales and Marketing

Every business needs a CRM (Customer Relationship Management) system. Using these systems, businesses can gather their customers’ data from multiple channels like emails, social media platforms, phones and more. This can help them improve customer experience and automate their sales process. If businesses can integrate AI into the mix, they can easily automate the process of collecting the customer data as well as analysing the customer feedback from various channels. This way, businesses can better form marketing strategies as well as lead generation activities.

With an AI-powered CRM, you can not only automate your lead generation and marketing strategies but also save a lot of money, all the while acquiring new and valuable insights into optimizing your customer relationship process.

2. Customer Support

Customer-Support
Customer Support

Customer support is one of the most important features of any business. The way you handle your customer will tell you whether they will be back for more or not. Ever since AI has stepped into the market, the way customers are dealt with has changed drastically. Now, we have chatbots that are a revolutionary addition to the industry and they are quickly becoming a necessity. We have seen that chatbots are more suitable for customer support than anything else. 

With AI-based chatbots, you can perform the following things, among others:

  • Automate manual tasks
  • Fix various issues
  • Correspond to customers based on collected data
  • Help customers 24×7

3. Streamline Human Resource Tasks

Human Resource Tasks
Streamline Human Resource Tasks

Not only is AI a boon for customer support, it is also beneficial for other departments like HR, and more. You might not think it is possible, but a lot of companies have started using AI for human resource purposes. AI tools can really help out small to medium businesses with their hiring and onboarding process as well as getting feedback from employees. You can easily find out how you can improve your HR practices and that can greatly impact the way you do business.

For example, if you want to hire a couple of new employees for various positions, you can use AI to sift through the hundreds of CVs that you receive and select only the ones that match your criteria. This means that you will save a lot of your time, effort, and resources and get the list of employees that are actually relevant for the jobs. Also, once the hiring process is done, AI can take care of the onboarding process and help the new employee get settled in by sending them training videos, manuals, as well as asking questions to make sure that they understand their role and updating them about the company policies about health, benefits, and more.

4. Acquire Competitive Intelligence

Competitive Intelligence
Acquire Competitive Intelligence

What if you knew what your competitors were up to at any given moment? Well, that is not a dream anymore. With the help of AI, you can do just that. You can find out what kind of content your competitors are producing. You can find out what keywords they are trying to rank for. You can know what social media posts they are publishing and what are their strategies for these posts. Once you have all this data on your fingertips, you can easily sift through it and find out the data that is relevant. There are already multiple tools in the market that allow you to do so with just a few clicks of the mouse.

Conclusion

AI has entered the marketplace and it is here to stay. The businesses that integrate AI with their operations will have the clear edge over their competitors. Make sure that you are one of them.

Also Read: 5 Best AI Based Apps For Different Activities

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Artificial Intelligence Blockchain Chatbots Mobile Application Uncategorized

5 Best AI Based Apps For Different Activities

Ever since Artificial Intelligence (AI) came into the market, it has taken everything by storm. It has made its way into almost every industry. And the best part is that experts are saying that this is just the start. Its impact is far-reaching and it has the potential to disrupt a wide range of industries and revolutionize the way we do business. Even today, a lot of businesses have already started using AI to their benefit and for the benefit of their customers. Others are rushing to implement it. Some are using it to improve their business operations and others are using it to increase customer satisfaction and provide the customers with a customized and personalized experience. Soon, AI will stop being a luxury and become a necessity. Businesses will have the option of either integrating it with their operations or be left behind by their competitors. 

AI has the power to help businesses in many industries like healthcare, technology, banking and finance, agriculture, gaming, blockchain technology company and so many more. 

What Do the Experts Say

Given the popularity of AI and the way businesses are rushing to use it, it’s no surprise that market experts are predicting huge growth. According to MarketsandMarkets, the AI market across the world will reach a whopping $190.61 billion in 2025. Statista is predicting that by 2025, the market for AI will have reached $118.6 billion. MarketWatch has projected that the AI market will reach $191 billion by 2024. Numerous companies are currently providing businesses with solutions to artificial intelligence problems so that they can better integrate their systems with AI. 

Top AI-Based Apps in the Market

So, what are the top 5 AI-based apps? 

Read on to find out.

1. Voice Assistant Tools: Amazon Alexa

Amazon Alexa - Voice Assistant Tools
Voice Assistant Tools

Now, this is an app that needs no introduction. Alexa is an AI-based app created by Amazon that can do a plethora of activities for you. It is fully capable of interacting with you. You can use it to play music, make and update your to-do lists, set alarms and reminders, check weather and traffic, navigate maps, and get real-time news and information. You can also use it to manipulate other smart devices like appliances and utilities in your house, your tablets and other devices, and more. It is capable of recognizing your voice and supports numerous languages. In January 2019, Amazon reported that it has sold more than 100 million Alexa-enabled devices.

2. Education: ELSA Speak

ELSA Speak - Education
ELSA Speak

No, we are not talking about the princess. We are talking about the English language coach that can teach you proper accents. ELSA is an app that uses artificial intelligence service to learn from your speech, listen to your accent, and report the quality of your pronunciation. When you speak a word or a sentence, ELSA will show you a red, yellow, or green marker to show you how much your accent matches. It will also give you tips for the best articulation. 

3. Retail: eBay

Retail Store eBay
eBay Retail

eBay is now a household name and there’s hardly anyone in the developed world who hasn’t used their service. Even if we haven’t, we at least know about them and the giant that they are in the market. What most people don’t know that eBay uses AI to learn from your past and then provide you with a personalized shopping experience. What it does is use AI-based algorithms to check your history and then show you relevant products and offers. This not only makes your experience better but also faster as you don’t have to search for your desired items a lot. Not only does AI help the customers, but it also helps the sellers in finding the costs of various goods and comparing them so that they can sell their products more and faster.

4. Travel: Hopper

Hopper Ai Based App
Travel: Hopper

Wouldn’t it be nice if there was an app that could predict what the hotels will cost at the time you want to take a vacation? Well, there is an app and it’s called Hopper. Millions of users are already using this app to get insights into hotel room costs, transportation costs, flights, and more. You can get information for the next year if you want. Just enter your dream destination and the app will tell you everything that you possibly want to know. It will show you the best dates to travel, the best fares, and it will also tell you the specific things whose price may increase by the time you take that vacation. 

5. Fintech: Cleo

Cleo Fintech
Fintech Cleo

In 2019, Cleo was awarded the title of the best budgeting assistant app. Not only is it effective, but it also has a sense of humor. It will keep you up to date with all your financials like how much money you have spent, how much is left, your expenses, and tips on saving money. Then there is the “roasting” and “cheering up” modes. In the roasting mode, Cloe will give you a lecture about wasting money and if you are short on cash just hit the cheering up mode.

Conclusion

AI is here in a major way and the only way to stay ahead of the competition is to implement it as fast as you can. You can give your users a personalized experience, study their behavior, provide faster service, and increase engagement among other things.

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Artificial Intelligence Mobile Application

8 Best Artificial Intelligence Examples In Use Today

Ask a layperson what they know about artificial intelligence, and they will start explaining about technology that sounds as if it was lifted out of a sci-fi novel. The concept of AI in an average person’s mind is what they have seen in the movies and television shows, or read about in books. Characters like the T-100 and other automatons found within the Terminator franchise, or the more recent TV adaptation of the hit 1973 film “Westworld” are what people think AI looks or will look like, but what they don’t know is that artificial intelligence is all around them, powering devices and services that see common use in their daily lives. Artificial intelligence examples in medicine are being quickly developed, as they have proven to be quite capable in automating and speeding up tasks that require a lot of manual labour, especially when developed with the help of a mobile app development agency, which allows for deployment of these solutions as portable systems in order to reduce propriety equipment costs.

What is artificial intelligence? 

Well, simply put, artificial intelligence is when a computer is programmed to act a certain way when it gets some certain stimuli, and learn that behaviour for similar circumstances. For example, consider that you shopped were searching for cars to rent on google, and when you opened up your Facebook later, it displayed ads for car rentals at the top. So what we understand from this example is that the mobile learned from your search statements that you were looking for a car to rent, and using that data, the Facebook algorithm showed you ads that were relevant to your search.

While this is a very abstract example, we will now see eight AI examples in real life which use AI services to perform their functions properly.

Virtual Voice-Enabled Assistants

Virtual Voice
Virtual Voice-Enabled Assistants

The easiest example of artificial intelligence that the majority of people have experienced in some form, is the voice enabled virtual assistant. Siri, Google Now or Alexa, they are all AI powered virtual assistants developed to make our lives easier. Initially only available with the respective smartphones, they are now available as stand-alone devices.  

Personalization

Personalization
Personalization

Counted as one of the latest in artificial intelligence applications developed to improve the user experience, AI driven personalization allows devices and apps to modify their behaviour or simply their display according to the user’s preference. While still being perfected, it has come a long way in recent years. 

Customer Services

Customer Services
Customer Services

Many times when you visit a website, a chat box pops up where a customer services representative asks if there’s any way they could help you. You might think it is an actual person behind it, but no. It is an AI powered chatbot, whose purpose is to initiate contact with you, and answer any general and common questions. If the conversation starts getting productive, either the chat will be handed over to an actual agent, or the chatbot might generate a ticket and tell you that the company will contact you later. Such examples of artificial intelligence in business is getting more and more common.

Centralized Home Control Systems

Centralized Home Control Systems
Centralized Home Control Systems

AI driven home control systems which learn the climate, lighting conditions, and many other factors based on individual preference, and when integrated with an IoT based home automation system, can be used to manage things like room climate depending on which member of the household is in that room, as well as many other things around the house.

Autonomous Drones

Autonomous-Drones
Autonomous Drones

Drones that can autonomously navigate to their destination and back successfully, have been in use for a little time now, but not commercially. While completely autonomous drones are still some way off, many commercially available drones are autonomous enough to maintain their state while flying in order to allow the flyer some rest. Fully autonomous drones are also in the works by different research teams, such as Amazon, who will use these drones to perform quick deliveries. 

Optimal Route Tracking

Optimal-Route-Tracking
Optimal Route Tracking

Mapping apps like Google Maps or Waze, and ride-sharing apps like Uber use artificial intelligence to find the optimal route for your trip, using data points such as traffic density, distance, road closures etcetera. Not only do they use it to find the optimal route, it keeps updating the routes in real time, with updates regarding delays, traffic and other issues being relayed to the viewer almost instantly.

Surveillance

Surveillance
Surveillance

AI based tracking systems used in South Korea and China to track people not following Covid-19 regulations for prosecution have been very successful. With techniques such as language processing, image detection and object detection, governments around the world can hire any AI solutions company to develop products which can successfully track anyone.

Healthcare

Healthcare Technology
Healthcare

Examples of artificial intelligence in healthcare is fast gaining ground. With multiple applications being developed for domains such as diagnostic aids, finding the right drug/s for a confusing set of symptoms, personalized patient care devices etcetera, more and more applications to integrate artificial intelligence into healthcare are being developed to improve the quality of medical care that can be given to a patient.

To conclude, AI is fast reforming our lives, although it still is hindered by the limitations due to resources such as costly computation powers, and interconnectivity issues. But despite that, we can surely hope to see more advancements in different fields, all of them driven by the power of artificial intelligence.

Also Read: How Artificial Intelligence Will Transform The Education Sector?

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Artificial Intelligence Mobile Application

How Artificial Intelligence Will Transform The Education Sector?

When the average lay person hears the word “Artificial Intelligence”, they conjure up fantasies of entities such as the androids from the movie “Ex Machina” or “The Terminator”; automatons that look and act human yet are far advanced in terms of mental faculty or other skills. While an interesting thought to consider, unfortunately AI or artificial intelligence is not yet capable of producing results that aesthetically right now. In essence, right now we are able to use AI to create machines which can somewhat mimic the human thought process, but not perfectly.

Within the past few years, AI has seen a boom in popularity amongst organizations looking to fine-tune their work in order to increase their efficiency. Sectors like electronics, ecommerce, health and many more have benefited from the use of artificial intelligence in their processes. Many AI services providers are working with mobile app developers on building based apps for a variety of clients from different industries, designed either to increase the efficiency of that business, or provide a more adaptive experience to the business’s customers.

Considering the impact on education due to the COVID-19 pandemic, educators are now looking into the efficacy of integrating artificial intelligence in education, in order to allow students as well as the educators to find ways to deliver quality education in such hard times.

While the majority of the users may not realize it, the majority of devices we use daily are integrated with artificial intelligence. Voice assistants such as Siri or the Google assistant are the prime examples of AI which are used to enhance our daily lives. They became so popular that devices such as the Amazon Echo were developed specifically to provide personal assistance services to the home.

Previously, the education sector was reluctant to integrate AI with teaching due to concerns about the effectiveness of such systems. But the successful use of AI being used to advance high risk industries have convinced them to try it. The AI education start-up named Liulishuo has even successfully developed a fully autonomous AI based English teacher which uses deep learning algorithms to provide a customized learning experience for each user. Similarly, there has been ongoing research on AI in education on how might it be feasibly integrated into the curriculum, and they have found multiple avenues where AI can be successfully integrated, such as:

  • Help improve teaching methods
  • Allow personalization of syllabus according to student needs
  • Simplify grading and conducting tests
  • Make conducting online examinations secure and transparent
  • Make AI a part of school curriculum

Let’s discuss these in detail.

Help improve teaching methods:

Help-improve-teaching-methods
Help improve teaching methods

It is a known fact that when teaching, the one size fits all methodology does not apply to teaching methods. While a method may work for one topic or a group of students, chances are it may not be the correct choice for others.

Nowadays during the pandemic, when the majority of institutions are relying on remote learning, educators are finding out that physical classroom methodologies are not being very effective.

To counter this, educators can rely on AI to provide feedback and suggestions to help improve the techniques, as well as provide reports about where each student is lacking so that the teacher can help them work on it.

Allow personalization of Syllabus according to student needs: 

Allow-personalization-of-Syllabus-according-to-student-needs
Allow personalization of Syllabus according to student needs

Extending the previous point, AI provided reports about the students’ performance can allow the teacher to adapt the curriculum according to what the students require. Instead of following a set curriculum which may not be beneficial to the students, AI enabled teaching applications can help teachers design a fluid curriculum that does what it is supposed to – help students understand the content better.

It can also be helpful by automatically suggesting additional links and platforms personalized according to the topics a student may be struggling in, by evaluating their performance in the assessments.

Simplify grading and conducting tests:

Simplify-grading-and-conducting-tests
Simplify grading and conducting tests

On average, teachers spend around twelve hours a week on grading tests and assignments. Using AI, we can simplify that task so that the time can be spent being actually productive.

There are many AI based solutions which allow instructors to both conduct and grade quizzes and examination accurately and most importantly, impartially. Allowing teachers to use such tools can simplify their tasks and allow them to concentrate better on teaching students, rather than performing repetitive tasks that can easily be automated.

Make conducting online examinations secure and transparent:

Make-conducting-online-examinations-secure-and-transparent
Make conducting online examinations secure and transparent

The risk of cheating or resorting to other dishonest methods to pass an exam is something that needs to be dealt with when we consider online education. People believe that online exams allow for greater opportunities in using these dishonest methods. 

While difficult to address otherwise, AI based features such as facial recognition or voice recognition can help ascertain whether the person solving the exam is the student itself, and combined with other techniques such as plagiarism checkers we can successfully conduct online assessments.

Make AI a part of school curriculum:

Make-AI-a-part-of-school-curriculum
Make AI a part of school curriculum

Finally, raising awareness about artificial intelligence is only possible by including the topic in the curriculum at the school level. Teaching AI in schools will increase the general awareness regarding the benefits of using AI to improve the entire education structure, just as it has done with sectors such as health. Various research papers on artificial intelligence in education suggest that early introduction to it will also allow students to get interested in the vast field of AI which will have unlimited opportunities to work on in the near future.

In short, artificial intelligence can be used to enhance both the quality of the education as well as the ease with which to disseminate it to the students. By using ready-made solutions or hiring AI app development services to provide a personalized product, educators can enhance the entire learning experience for themselves as well as the students. This pandemic has shown us that conventional methods of learning have become useless for the most part. The need to revamp the structure is at hand, and what better way to do it then to use AI?

Also Read: How Artificial Intelligence Will Revolutionize The Healthcare Industry?

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Artificial Intelligence

How Artificial Intelligence Will Revolutionize The Healthcare Industry?

Artificial Intelligence is among the most powerful technologies ever introduced in the world. Using this technology gives many advantages to the companies related to different industries. Every sector across the globe has been benefited through this technology. Artificial Intelligence has completely transformed the ways operations are within the healthcare industry. It has drastically reduced the cost of treatments, diagnosis, and personal care with the introduction of smart techniques that handle all these healthcare problems. The outcomes of Artificial Intelligence in the healthcare industry is impressive. It is encouraging every healthcare institute to incorporate this amazing technology in their medical operations. 

The latest innovation in this technology has solved the previous problems with AI in the healthcare sector. Let’s have a look on how Artificial Intelligence is revolutionizing the healthcare industry.

  

Virtual Assistance

Virtual-Assistance
Virtual Assistance

With the popularity of virtual assistants in mobile applications, healthcare institutes are in process to introduce it. The launch of smart agents for the virtual assistance of patients, doctors and staff would be a major step towards the smart healthcare industry. Artificial Intelligence services providers are putting every effort to introduce smart and intelligent assistants that not only guide them about healthcare but manage their health issues in better ways. These would be able to solve minor to major health problems and give them personal care so that they don’t have to go far away to visit hospitals. AI for hospitals has made the entire healthcare process easy giving relaxation to patients and doctors. Virtual assistance would be helpful in the fast recovery of patients, managing their medicine timing with timely reminders, appointments with doctors etc. 

 

Precision Medication

Precision-Medication
Precision Medication

Another major transformation of Artificial Intelligence within the healthcare industry is precision medication. It refers to dispensing the right treatment for patients according to their characteristics, behaviors and health history. The correct diagnosis of each disease is helpful in providing the appropriate treatment to each patient. According to the Artificial Intelligence in healthcare report, it is able to provide exact prescriptions and recovery routines to the patients which is quite beneficial to battle with the respective disease. AI uses a large amount of patients’ data to determine the medication that is most effective in that particular case. Data management systems based on Artificial Intelligence organize the data to draw meaningful predictions and conclusions for patients. Personalized treatment plans are also introduced with Artificial Intelligence in healthcare that identifies potential threads and suggests the relevant treatment. 

 

Drug Discovery

Drug-Discovery
Drug Discovery

Drug discovery is one of the most important parts of the healthcare industry. It takes several years, hundreds of failed attempts and billions of dollars to discover the right clinical drugs. Several researches are performed each year that begin with thousands of pre-clinical trials, but unfortunately only few find its way to the pharmacies. Based on AI in healthcare articles, this powerful technology is playing a huge role in the drug discovery process saving lots of costs and efforts of clinical giants. Huge pharmaceutical companies are joining hands with tech organizations to introduce new ways for drug discovery using AI algorithms like deep learning. Instead of using the traditional approach of trial and error for drug discovery, the entire process has become data-driven. Better cures are being found using intelligent simulations through proper analysis of existing medicine and patients’ data.

 

Managing The EHR

Managing-The-EHR
Managing The EHR

Electronic health records have become the new norm in the healthcare industry. It has brought a revolutionary change within the medical sector transforming the way patients’ data is stored. A transition can be seen from paper-based records to more intelligent and improved record-keeping.  It has removed the needs to carry data overloads and long documentation which had the possibility of human error. With the smart record-keeping using Artificial Intelligence, data handling and managing of records has become easier and quicker. AI app development company that relies completely on this powerful technology, incorporates latest and advanced AI techniques to store, maintain and fetch data records. The automated process uses natural language processing with voice recognition which are the popular AI algorithms. 

 

Personalized Services

Personalized-Services
Personalized Services

Personalized services within the healthcare industry are benefiting everyone related to the sector. Several mobile applications have been launched for the healthcare institutes that provide services of personal recommendation, suggestion related to health, medicines etc. Using these applications you can facilitate the patients by providing them all the tips and recommendations they need from a doctor. Hire a professional mobile application development company to create a highly personalized healthcare app that removes the need to visit a doctor to remain fit and healthy. It asks every individual patient about their medical history, diseases, allergies, treatments etc. to give the best personalized services at home in a handy mobile application. You can go through AI in healthcare ppt across the internet related to personalized services mobile applications offer to patients. 

 

Conclusion

Artificial Intelligence is constantly growing and improving the medical processes in different ways. Just like the transformation of AI in healthcare 2019, this year has also brought some amazing changes to industry. A proper insight into the details of patients is performed, focusing on the history to facilitate patients in the best way. Using this wonderful technology into healthcare applications, certain factors are taken into consideration that give the perfect experience to patients and doctors. Undoubtedly, Artificial Intelligence will continue to transform the medical world with its latest innovations and techniques. 

 

Also Read: 5 Top Business Sectors That Will Transform Through Artificial Intelligence