BNMC Blog

3 Ways Small Businesses Can Leverage Artificial Intelligence

3 Ways Small Businesses Can Leverage Artificial Intelligence

When you see the words “artificial intelligence,” what runs through your mind? Some imagine warehouses full of machines pulling items from shelves for order fulfillment, whereas others imagine server rooms operating at maximum capacity. The truth of the matter is that both of these scenarios are correct, depending on the type of organization and industry you’re talking about. Let’s take a look at how artificial intelligence can cut costs, improve operations, and eliminate unnecessary or repetitive tasks for the small business.

First, let’s define what we mean by “artificial intelligence.” In a business environment, when we discuss AI or machine learning, we generally refer to automated technology that can perform tasks that are normally done by human workers. There is usually an emphasis on taking data and applying it to specific scenarios. The technology can then learn and identify trends. Since the AI industry will exceed $390 billion by the year 2025, one can argue that AI will play a vital role moving forward--one that your business can benefit from in the long term.

Here are some ideas you can apply when considering AI for your organization.

Streamline Tasks and Operations

Managing resources and maintaining operations can take a lot out of you, and AI offers a way for organizations to overcome these challenges by making certain tasks far easier to deal with. It goes without saying that some tasks will take more time than others, and some of the especially important tasks, like vetting new hires and assisting customers, require a considerable amount of focus.

Take vetting new hires, for example. Imagine what it would be like if you could take all of that time sifting through resumes, cover letters, and job applications and instead apply it to a part of your operations that makes you revenue. This is just one way that artificial intelligence can help. Instead of doing all of that work yourself, AI can identify the most qualified candidates so you can focus on other tasks. Services like Jobscan and Eightfold use AI to help businesses perform this task. Now imagine having a call line set up where AI systems can help answer the most frequently asked questions by customers or clients. While you would still want your staff on hand to address more complex problems, it’s likely that most problems fall into that frequently asked questions category, leaving your staff with more time to focus elsewhere. There are several options on the market that can be “trained” and configured to be the front line of your customer support.

Enhanced Data Analytics

Most businesses collect data of some sort, but how that data is used is what makes the difference. Some organizations have the tools to analyze data, but don’t know how to properly utilize them. Others might not have the means to analyze the data at all. AI is the key that unlocks all of that potential and gives organizations the opportunity to put that data to good use.

AI uses what is called predictive modeling to extrapolate data for trends. Through this process, AI can take a crack at what the future might hold, giving your business the chance to make better choices. In this way, your organization can work toward a future armed with knowledge that could make a difference in the long term.

Lowered Costs and Increased Efficiency

Some people might think that AI is stealing jobs, and in a way they might be right, but the fact remains that this is the wrong mindset to approach AI. While this might be of concern to laborers in unskilled industries, the truth boils down to the fact that most workers can stand to gain something from AI in at least some capacity. If you look at it in a different light, you might realize that AI is not necessarily stealing jobs, but making jobs easier through the use of automation. This takes the edge off of it and makes it a bit less disconcerting.

Ultimately, if you look at AI as a value proposition, you’ll notice that both simple tasks and complex ones can be made easier overall. Simple tasks might be completely automated, whereas complex tasks can be broken down into more manageable chunks. If you ask us, if you have the opportunity to use technology to make your job easier, you should do so.

What do you think about AI in the business environment? Do you have any ideas for how you might implement it? Let us know in the comments.

 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Tuesday, June 15 2021

Captcha Image

By accepting you will be accessing a service provided by a third-party external to https://www.bnmc.net/

Subscribe to Our Blog!

Mobile? Grab this Article!

Qr Code

Tag Cloud

Tip of the Week Security Best Practices Technology Productivity Business Computing User Tips Email Cloud Software Privacy Network Security Hackers Business Efficiency Microsoft Workplace Tips Computer Data Google Hardware Hosted Solutions Malware IT Services Communication Mobile Device Innovation Internet Mobile Devices IT Support Smartphone Small Business Android Phishing Users Cloud Computing Ransomware Backup Tech Term Data Recovery Managed IT Services Windows Smartphones Cybersecurity Information Quick Tips Saving Money Passwords VoIP Outsourced IT Miscellaneous Disaster Recovery Upgrade communications Data Backup Network Browser Windows 10 Facebook Microsoft Office Social Media Business Continuity Business Management Collaboration Server Office 365 Managed Service Productivity Internet of Things Gadgets Managed IT Services COVID-19 Data Management Apps Artificial Intelligence Remote Work Windows 10 Mobile Office Information Technology Save Money Word Analytics Gmail Vulnerability Remote Monitoring App Infrastructure Encryption Chrome Managed Service Provider Government Conferencing Money Remote Workers Router Spam WiFi Company Culture Google Drive Remote Automation Settings Tip of the week Virtual Reality Employer-Employee Relationship HIPAA Holiday Paperless Office Networking BYOD Applications Access Control VPN IT Support Website Compliance Display Data Security Big Data Robot Content Filtering Firewall Bandwidth Maintenance Document Management End of Support Apple Education Development Wireless Storage Avoiding Downtime Antivirus Managed Services Wi-Fi BDR Employee-Employer Relationship YouTube Hacker Data storage Computers Virtualization Risk Management Office Tips IT Management Computing Operating System Unified Threat Management Business Technology Virtual Private Network Social The Internet of Things Vendor Management Managed IT Humor Regulations desktop Monitors Hosted Solution Best Practice Tablet Chromebook How To Administration Mouse Augmented Reality Vendor Blockchain MSP Cybercrime Cryptocurrency Managing Stress Downtime Marketing Going Green Two-factor Authentication iOS Patch Management Managed IT Service Solid State Drive Remote Computing Identity Theft Customer Relationship Management Scam Printing IT SaaS Password Training Social Network Free Resource Break Fix Hard Disk Drive Mobile Security Search Images 101 OneNote Retail Alert Outlook Business Intelligence Data Breach Data loss Server Management Bring Your Own Device Windows 7 Touchscreen LiFi Budget Software as a Service Laptop Telephone Systems FBI Language Value Print Toner Myths Digital Payment Tech Support Typing Smart Technology Slack Hard Disk Drives Techology Content Huawei Digital Statistics Inventory Mirgation Recycling Messaging Meetings Disaster Lenovo Current Events IoT Downloads Asset Management Workstation K-12 Schools Entertainment Mail Merge Battery Cookies Digital Signage Data Warehouse Social Engineering K-12 Education Computing Infrastructure Professional Services Shortcuts Mobile Management Websites Shortcut Distributed Denial of Service Peripheral Social Networking Monitoring Solid State Drives Twitter VoIP Unified Threat Management Streaming Processor Spyware Bluetooth Comparison Google Docs Shadow IT Chatbots eWaste Employee-Employer Relationships Uninterrupted Power Supply Firefox IT solutions Superfish user treats Star Wars Memes Wearable Technology Network upgrade Hybrid Cloud File Sharing Address Hacks Permissions Files Nanotechnology Troubleshooting Business Analysis Computer Care IBM Safety Google Wallet Instant Messaging Alerts USB Security Cameras Profiles Bitcoin Management Motherboard Cables Spying National Security User Error Fraud Cost Management Human Error Memory Business Growth Specifications Gamification Identity Continuity Analysis Students Network Congestion Shopping Corporate Profile Heating/Cooling Multi-Factor Security Legal Smart Office Scalability Halloween RMM Screen Reader Charging Virus Unified Communications Printer Drones Licensing Dongle Utility Computing Automobile Windows 8 Policy Wires Updates G Suite Writing Time Management Employees Assessment Device Reducing Cost Black Friday Solar Mixed Reality Dell WannaCry Servers Deep Learning Google Calendar Holidays Work Migration Scary Stories Consulting Cabling Dark Data Update Emergency Mobile Device Management Banking Smart Tech LED Threats Network Management Distribution Cooperation Service Level Agreement Laptops Running Cable Google Maps Dark Web Procedure Voice over Internet Protocol PowerPoint Gig Economy Hotspot Internet Exlporer Mobility Batteries Politics Alt Codes Cyber Monday Buisness Co-Managed IT Virtual Desktop Work/Life Balance Legislation Payment Card IT Technicians Optimization Sports Customer Service Reviews Connectivity SharePoint Logistics 2FA Staff Leominster Managed Services Provider Health Private Cloud Microsoft Excel PCI DSS Modem FinTech Onboarding GDPR Office Samsung Cameras Black Market Tracking Law Enforcement Electronic Medical Records Cleaning Notifications Physical Security CCTV Upgrades Gadget Webcam Emoji Crowdsourcing Error Personal Information Botnet 3D Printing Point of Sale Ben McDonald shares Cortana Travel Printers Machine Learning Processors Supercomputer CrashOverride Unsupported Software Staffing Motion Sickness Regulation Administrator Computer Repair Relocation Taxes IT Budget Mobile Data Web Server what was your? Financial GPS How To Recovery Mobile Computing IT Consultant

What Our Clients Say

  • BNMC has provided us with nothing less than outstanding service and results for all of our IT needs for the past few years. Every member of their staff is professional, knowledgeable, friendly and eager to solve any problem...
  • 1
  • 2
  • 3