How AI Machine Learning And Automation Will Impact
Business, Advanced analytics combined with artificial intelligence (AI) in
business applications allow organizations to explore new areas to better serve
internal and external customers.
How AI Machine Learning And Automation Will Impact Business
Since AI aims to simulate the human ability to
evaluate and draw conclusions from data, advanced analytics covers a wide range
of analysis processes, as the development of these technologies has an
immediate impact not only on companies and end users, but also on the people
working in this field. the field.
To capture the value of advanced analytics tools and
AI algorithms, high-quality data, without which analytics tools and AI models
will not be able to make accurate predictions, nor can they provide insights
that can help grow a company's business. So organizations must collect, clean,
and standardize once data is fed with analytics tools and AI models.
Traditionally, data analysts have spent their time
performing tedious and repetitive tasks, including extracting data for
analysis, and preparing reports and dashboards for use in models and business
systems. However, they simply cannot figure out every combination or difference
in their data using traditional analysis and trading intelligence tools.
Implementing AI and advanced analytics:
Most companies today make use of the cloud for the
useful storage and use of semi-structured or unstructured data. Besides, most
consider that the convergence of cloud computing, data analytics and AI systems
will have a significant transformative impact on modern business, although this
convergence is still in its infancy, its implementation is bringing inevitable
and remarkable progress for businesses.
Since AI is data-driven, the pursuit of data
excellence on the front-end can unnecessarily delay deployment of this
intelligence, mainly due to massive capital injections into data warehouses and
data lakes without understanding meaningful insights or data-driven cultures
that affect the bottom line of the enterprise.
Creating business outcomes focused on artificial
intelligence and advanced analytics strategy ensures that companies drive AI
toward their truly important business goals, and that data is modeled on those
outcomes.
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