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Artificial Intelligence and Advanced Analytics as a Competitive Advantage

Our business process has been changed, we have shifted almost everything from our brick-and-mortar space to digital space. The Digital era has started long ago, but most of us are not used to this flow until the global pandemic hit the world. It set us locked down in our homes, and forced us to operate every essential work from our homes. Almost 70% of the global working population are now working from their homes because we can’t let this pandemic stop our work. For the future post-pandemic world, we have to hold the global economy. And hence a lot of brick-and-mortar businesses run out the track and collapsed, while many of the organizations are leveraging technologies to operate their processes. And the competition is high now, everyone wants to thrive in the post-pandemic world, and the technologies are the only saviors. In this article, I will discuss how organizations can get a competitive advantage by using AI and Advanced Analytics in proper ways. Let’s start with the fact of how AI and analytics mean to the business process.

Ways Businesses are Using RPA to Stay Competitive in this Pandemic

We have been digital enough to leave the humans’ work on the machines and let others focus on some other important tasks, and this is not surprising for the businesses that are using RPA to a whole new level to stay competitive at this time. Without any doubt, the pandemic will end one day, and the businesses should thrive towards that reach point to keep the global economy alive, but for this, we need to stay safe and well until we get a permanent solution in our hands. This pandemic sets us locked down in our homes, we can’t get to the workplaces to operate our works directly, even we can’t let the other employees take the risk on their lives, and in this case, only machines can help us out. Yes, I am talking about Artificial Intelligence and Robotics. We have known enough their benefits on the business process and this is the perfect time to implement this on the business to stay competitive, as the market competition will not decrease any way whether it is pandemic or not. So, let’s take a brief look at the impact of RPA on global businesses.

How Technology Enhances Human Augmentation?

Human augmentation is mainly a field of study that focuses on the methods and technologies that enhance the productivity and capabilities of humans. Some of us may have an idea about it. Yes, technologies and the advancements of these technologies lead to the advent of human augmentations. Even for this augmentation, we can see individuals are going out and living their normal lives instead of being limited by their disabilities either physical or cognitive. Even the physically impaired individuals are welcoming these augmentations in their lives, and all of these are being possible with the combination of modern technologies.

Chatbots: Is it GOOD?

Chatbots are the greatest technological invention of the consumer application technology to date and taking place at almost digital places of the World. These chatbots are more trustworthy and more flexible utilized consumer applications technology by Artificial Intelligence and Machine Learning. And due to this growing machine learning technologies, the chatbots are getting highly used in every company or business across the world.