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Discovering the Power of AI Systems in the Enterprise Environment

AI is set to be one of the most impactful integrations in enterprise environments over the past few decades. Studies suggest that AI tools will contribute to a total value of approximately $15.7 trillion by 2030, helping to spark GDP growth of over 26%.

But beyond the research and eye-popping statistics, how does AI actually fit into the enterprise environment? As a powerful integration into any technology stack, AI offers a range of benefits when paired with existing technologies a company uses.

From improving predictive analytics to enhancing any data-driven process, using AI is a powerful way to increase productivity and improve a company’s bottom line. In this article, we’ll discuss the different ways AI is improving enterprise settings, examples of integrating AI with existing technology, and how AI is the future of effective business practices.

So let’s get down to specifics.

AI is an active technology that companies can add to existing systems to streamline them, identify efficiencies, and improve existing processes. Organizations can leverage AI and apply it to any process where data is key.

Using artificial intelligence in an organization brings many benefits:

  • Reduce costs: AI systems can optimize aspects of business operations. For example, AI late in the supply chain can identify better routing practices that reduce gasoline consumption and shorten delivery times. By rapidly processing massive amounts of data, AI can spot new patterns that help pinpoint efficiencies that can reduce resource drain and improve the bottom line.
  • Improving productivity: Employees can use AI tools to accelerate processes they are already involved in. For example, generative AI tools can speed up the brainstorming process for project management and planning. Alternatively, developers can quickly debug code using AI code assistants, helping to increase the productivity and efficiency of the role.
  • Task automation: Companies can automate certain tasks that are highly repetitive and data science-based, such as cleaning data sets or formatting large amounts of data. By using AI to perform these tasks, employees can save time and focus their energy on more demanding or lucrative parts of their roles.

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While AI has many different use cases, it is not a single technology. AI comes in many different forms. Each model can be built to solve a specific problem or perform a specific function. In the last year in particular, we have seen smaller, focused models come to market that offer support for a single task or role.

With this in mind, let’s take a look at the top examples of AI integration that enterprises are using to increase operational efficiency.

Supply chain improvement

The supply chain is a diverse system that consists of numerous connections, spanning several layers, from production and processing of raw materials to logistics and transportation. Companies need to have full visibility of their supply chains at all times, and technology plays a key role in this process.

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AI tools can improve almost every area of ​​supply chain management, offering efficiency gains in the following areas:

  • Inventory management: AI systems can enhance existing inventory management software, enabling greater precision through predictive analytics. AI systems can use their ability to process vast amounts of data to identify when companies need to adjust production of certain products or order more raw materials. Automating these systems will translate into cost savings for companies while reducing manual tasks.
  • Logistics tracking: AI tools can pull information from IoT sensors, creating a real-time data stream about the location of shipments and their current conditions. This is especially useful for temperature-sensitive shipments, where AI monitors conditions via IoT sensors and flags any imperfect environments.
  • Route planning: AI tools rapidly process real-time data to provide insight into the best routes for drivers to take when delivering products. These dynamic insights will automatically update routes and help drivers save time, reducing the resource cost of that part of the supply chain.

Supply chain systems using AI tools can deliver massive cost savings, reduce manual tasks and improve efficiency.

Improvements in software development

Another exciting area where companies are using AI is as a software developer partner. In every product cycle, software developers must go through stages of code development, testing, deployment, iteration, and cybersecurity improvements.

AI tools can help speed up several of these steps by reducing the amount of manual tasks that developers have to go through. For example, developers can use AI tools to help write code faster, and marketplace tools like Amazon Code Whisperer or GitHub CoPilot offer suggestions as developers code.

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Similarly, AI tools can check for known vulnerabilities, quickly scanning code and speeding up the process of building code safely. By looking for small efficiency gains that AI tools can offer employees, companies can help reduce the overall workload of their employees. Not only will this help combat a culture of burnout, but it will also allow developers to focus more on the parts of their coding where they are most talented.

For key functions such as software development, AI can be a key source of innovation, accelerating development cycles and reducing time to market for enterprise applications.

Email management and customer service improvement

Email management and customer experience management are other areas where AI tools have had a particularly striking impact. In any enterprise, customer management and improving customer experience are core tasks that should always be focused on.

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AI tools can be embedded into customer service platforms, helping agents improve access to customer information and provide positive customer experiences.

For example, companies can streamline email communications by using AI-powered email signature management tools. These tools can automatically generate email signatures for new employees, generate templates for quick communications, and ensure a consistent tone across all company emails.

By using AI to streamline small tasks like managing email or customer data, employees can reduce the time they spend on more mundane tasks. Over the months and years, this can add up to huge time savings that translate into higher productivity rates for your business.

Final Thoughts

Artificial intelligence tools are the future of many aspects of business operations. AI systems, capable of improving existing processes while simultaneously seeking new paths to innovation, are powerful integrations that businesses around the world are beginning to incorporate.

With impressive future predictions for both cost savings and productivity gains, AI tools are quickly becoming a staple of enterprise systems. Over the next few years, as AI tools become more accessible and cost-effective to use, we will likely see them integrated into nearly every area of ​​enterprise operations.

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ABOUT THE EDITOR

Atharva Gosavi Atharva is a full time content writer with a postgraduate degree in Media & Entertainment and an MSc in Electronics & Telecommunication. He has written in the fields of Sports and Technology respectively. In his free time, Atharva loves learning about Digital Marketing and watching football matches. His main objective behind joining Interesting Engineering is to learn more about how the latest technological advancements are helping people at a societal and individual level in their day to day lives.