The application of Artificial Intelligence (AI) in business is not new, but it has come a long way in the last few years. With the advancements in AI technology, the possibilities for its use in business have expanded greatly. In 2023, AI is transforming at an extraordinary rate and is revolutionising the business landscape in unprecedented ways. A recent study by Techjury found that a total of 35% of companies in the world are using AI, and another 42% of the companies are exploring the technology for its implementation. Moreover, a report by Gartner states that the customer satisfaction rate is expected to grow by 25% in organisations that use AI to ease their work by 2023. Here are some of the key ways in which AI is changing the world of business: 1) Enhanced Decision Making AI has revolutionised decision-making by providing businesses with real-time data insights. The technology…
“Good fortune is what happens when opportunity meets with planning.” ― Thomas Edison These words of wisdom can be applied to almost any and…