How AI Is Helping Companies Find And Fix Gaps In Their Strategy, From Software To Diversity
Humans cannot watch thousands of transactions happening in real time, but an AI can monitor huge flows of data, and then take action to spawn workflows.
Why is AI an important tool for businesses to utilize for their strategies? Because it transfers decision making to systems that can do it faster, cheaper, and 24 hours a day, every day. It also automates activities so humans are not required to do menial, sometimes dangerous tasks. This improves efficiency, and in the end, all of this adds to generating a higher level of profits.
Scott Klososky, a sought after speaker on the topic of Digital Transformation and Founding Partner at Future Point of View, a boutique technology consulting firm, explains this further.