Artificial intelligence can be used to solve problems across the board it can support businesses in increasing sales, detect fraud, improve customer experience, automate work processes and provide predictive analysis. Simulation of human intelligence processes by machines, especially computer systems. AI is performing tasks such as identifying patterns in the data more efficiently than humans, enabling businesses to gain more insight out of their data.
Take a glance at the objectives that artificial intelligence helped European agencies in achieving it, 2018:
- 55% of surveyed agencies reported that artificial intelligence supported them in improving business productivity.
- 45% of surveyed agencies mentioned that using artificial intelligence helped them in increasing their competitive advantage.
- 36% of surveyed agencies said that artificial intelligence helped them in delivering fast innovation opportunities within the business.
- 34% of surveyed agencies reported that using artificial intelligence supported in increasing profitability.
A Graph Shows The Business Objectives That AI Supported In Achieving it, 2018.