1 Oct 2022| ONPASSIVE
Applying Previous Experiences to Harness the Future Potential of AI
Business leaders and investors across the globe agree that Artificial Intelligence and Machine Learning will revolutionalize their businesses by decreasing costs, handling risks, streamlining operations, accelerating growth, and inducing innovation. The growth potential of AI to encourage revenue and profit growth is ground-breaking. Advertising, Marketing, customer service, and sales were noted as the top three features where AI can realize its full potential according to a recent survey by Forbes.
AI has evoked everyone’s imagination, but what can we expect from the technology? Artificial Intelligence is still very much in the early stages. More than half of the business professionals are still either analyzing or testing on a limited basis around their organizations, and there are very few organizations at the planning stage trying to leverage the power of growth potential of AI.
Before businesses begin investing large sums of funds into AI ventures, it’s essential to understand where AI can be applied effectively. Here is how applying past lessons to leverage the power of artificial intelligence
As many organizations develop exceptional AI capabilities for driving customer acquisition and retention, we can see that these organizations are capable of innovating faster, engaging with customers in new ways and start to challenge with the digital-savvy companies. The growth potential of AI has dynamically helped digital marketing and digital sales in the last five years.
AI is accelerating the research and response process for marketing and advertising teams to handle evolving customer needs in the future. However, this isn’t possible with technology and data alone. Today, business leaders should work on truly understanding the nature and abilities.
Implementation, and management, we are here to accelerate innovation and transform businesses. Contextual marketing is a modern marketing strategy to communicate the correct message to the ...
Tags: Technology Artificial Intelligence